Solution to complete international payment activities by documentary credit method at Joint Stock Commercial Bank for Foreign Trade of Vietnam Vung Tau branch

Solution to complete international payment activities by documentary credit method at Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vung Tau branch - 1

MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMY HCMC. Ho Chi Minh City o0o NGUYEN THI QUANG LIEN SOLUTION TO COMPLETE INTERNATIONAL PAYMENT ACTIVITIES BY Documentary Credit Method at VIETNAM BANK FOR FOREIGN TRADING, VUNG TAU BRANCH. Major: Finance - Banking Code: 60340201 MASTER THESIS ...

Solution to complete international payment activities by documentary credit method at Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vung Tau branch - 2

Funding sources of international financial institutions, meeting capital needs in business. Second, international payments contribute to improving the bank's competitiveness and at the same time helping the bank to integrate into the world community. International payment approaches advanced ...

Solution to complete international payment activities by documentary credit method at Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vung Tau branch - 3

Commerce. This is the time limit for the seller to deliver the goods to the buyer from the effective date of the letter of credit. The delivery term is closely related to the validity period of the letter of credit. If the two parties agree to extend the delivery time by a few days, of course ...

Solution to complete international payment activities by documentary credit method at Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vung Tau branch - 4

2.2.3 Operational situation. 2.2.3.1 Main activities of Vietcombank Vung Tau.  Banking services: The branch provides payment deposit accounts, securities trading deposits, term deposits, centralized capital management services, automatic investment services; issue a payment card linking ...

Solution to complete international payment activities by documentary credit method at Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vung Tau branch - 5

Vietcombank Vung Tau plays a leading role with nearly 40% market share (2009-2011) in payment of import L/C in the area, further affirming Vietcombank Vung Tau's advantage in import-export payment, especially L/C payments. C NK has great value to serve the needs of local production and business ...

Solution to complete international payment activities by documentary credit method at Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vung Tau branch - 6

Branches and 04 transaction offices of Vietcombank Vung Tau are too thin, only transactions during office hours, so some deposit and other payment services of customers have to wait until the bank's transaction hours, this also creates psychological apprehension for customers because they often ...

Solution to complete international payment activities by documentary credit method at Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vung Tau branch - 7

Conclusion of chapter 3. Based on the business development orientation of Vietcombank Headquarters and Vietcombank Vung Tau, along with the development direction of Vietcombank Vung Tau's international payment activities , chapter 3 has proposed a number of recommendations to improve operations. ...