The Korea Times
Hana Bank said Sunday it signed a memorandum of understanding (MOU) with the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to expand infrastructure cooperation in Vietnam. The agreement was signed Thursday in Hanoi during the Korea-Vietnam Business Forum, with participation from Korea Overseas Infrastructure & Urban Development Corporation. The three parties agreed to explore joint projects across infrastructure, energy, urban development and green sectors. BIDV is a state-run lender and one of Vietnam's largest banks. The partnership aims to identify investment opportunities and support Korean companies expanding into Vietnam and other overseas markets, according to Hana officials. The three institutions plan to strengthen cooperation through expanded networks and joint initiatives in the coming years. Separately, on the same day, Hana Bank and its subsidiary Global Loyalty Network (GLN) launched a QR payment service in partnership with National Payment Corporation of Vietnam and BIDV, allowing Korean visitors to make payments in Vietnam using domestic bank
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