Vietnam’s HDBank signs mobile banking deal
HCM Development Commercial Joint Stock Bank, or HDBank, has signed an agreement with US company Meed to launch mobile banking products in Vietnam in November.
Meed’s mobile application will enable HDBank to provide its customers affordable banking services on both desktops and mobile devices.
According to Meed, the new suite of products includes a demand deposit account, security savings account, secured line of credit and domestic and international transfers between Meed users.
The partnership will also enable HDBank to strengthen its relations with financial organisations affiliated to Meed.
Meed was established to provide a global platform for a community of networked member banks, corporate members and individual users.
The network provides users access to the member banks for their financial service needs and a solution for financial exclusion and immobility. – Viet Nam News
Philippines vows to resolve
tax dispute with Japan
The Philippine Finance Department has committed to resolving pending issues on value-added tax slapped on Japanese-funded projects, as the Japan International Cooperation Agency has committed to support the Duterte administration.
In a statement, the department said Jica president Shinichi Kitaoka, in a recent courtesy call to Finance Secretary Carlos Dominguez III, gave “its backing to President Duterte’s 10-point socioeconomic agenda focused on inclusive growth and has committed support particularly to initiatives meant to ease traffic congestion in Metro Manila and attain lasting peace in Mindanao”.
During the meeting, Dominguez explained to Kitaoka the priority goals of Duterte under the agenda, which were to reduce poverty, create a law-abiding and peaceful society for Filipinos, seek lasting peace with armed insurgents and maintain warm and cordial relations with |the country’s neighbours in the international community. |– Philippine Daily Inquirer.
