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Posts Tagged ‘Chartered’

Standard Chartered Bank offers medical glasses to students

In Uncategorized on November 5, 2010 at 11:21 am

More chartered flights to touch down at Danang Airport

In Uncategorized on October 14, 2010 at 2:40 pm

Danang Airport on Vietnam’s central coast, which sits within 2-hour flights of both Hong Kong and Singapore, will receive more chartered flights from Hong Kong, Taiwan and South Korea in the next few months, a local tour operator said.


The central city is currently greeting air travelers using Shanghai Airlines’ twice-a-week charter service from the carrier’s hub, Shanghai.


Danang already accommodates international flights from Singapore, Guangzhou, Shanghai and Taipei, in addition to regular connecting services from both Hanoi and Ho Chi Minh City. Foreign carriers seen there include Silk Air, China Southern, and TransAsia Airlines.

This file photo shows Vietnam Airlines aircraft at Danang Airport (Photo: Tuong Thuy)

On November 11, Danang Airport will see the first chartered flight from Hong Kong, according to Danang-based tour operator Vitours, a key local partner that caters the forthcoming chartered flights. The deal for Hong Kong will last three months, the source said.


Frequent chartered flights from Taiwan to Danang will start on December 26 and also run for three months, Vitours said.


Other chartered flights will take travelers from South Korea’s Seoul to the Vietnamese city, starting on the first day of 2011, according to the source.


In Danang, the golf and airline offerings appear to have come of age simultaneously. The Vietnam Golf Coast, a new partnership of golf and beach resorts in the sunny city, was established in mid-August.


The founding members are Montgomerie Links Vietnam, Danang Golf Club, The Nam Hai, Life Resort Danang, and Golfasian Vietnam.


Montgomerie Links Vietnam was designed by sitting European Ryder Cup captain Colin Montgomerie and opened in August 2009. It was recently ranked 7th on the list of top courses in all of Southeast Asia. 


Meanwhile, Danang Golf Club was crafted by legend Greg Norman and opened in May 2010.


The Nam Hai is a luxurious and all-villa resort located on the coastal road linking Danang with Hoi An Ancient Town, a UNESCO World Heritage site.


Opened in March 2010, the five-star hotel Life Resort Danang is set on five hectares fronting beautiful Bac My An Beach.


Golfasian Vietnam is a leading golf tour operator in Southeast Asia. It has been named the official tour operator of the Vietnam Golf Coast.

Source: SGGP

Jetstar Pacific increases chartered capital

In Vietnam Travel on October 20, 2009 at 7:59 am




Jetstar Pacific increases chartered capital


QĐND – Monday, October 19, 2009, 20:42 (GMT+7)

The Vietnam-based budget carrier Jetstar Pacific’s executive board has approved a decision to increase its chartered capital to more than 1.3 trillion VND from 727 billion VND.


The increase will be implemented by issuing more shares to existing shareholders.


The State Capital Investment Corporation (SCIC) now holds the lion’s share, 69.93 percent of Jetstar Pacific, while the Australian airline Qantas has 27 percent as a strategic shareholder.


According to Jetstar Pacific, the budget airline has also adopted a plan to upgrade its fleets of aircraft in order to meet passengers’ demand and prepare for its plan to expand its international network of air routes to regional countries.


Under the plan, the airline will wrap up the upgrade of its fleet and perform final technical checks in Singapore by the end of next month.


With a fleet of six A320 and Boeing 737-400 aircraft, Jestar Pacific conducts about 280 domestic flights a week.


Source: VNA


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Standard Chartered to open 30 branches across VN

In Uncategorized on September 17, 2008 at 10:27 am

HA NOI — Standard Chartered Bank has signalled that it plans to open 30 branches in Viet Nam over the next four years, after gaining approval to be the first overseas bank to incorporate their local operations in the country.


Ashok Sud, chief executive of Standard Chartered Bank in Viet Nam, yesterday told reporters in Ha Noi that local incorporation would enable it to be better positioned to help Vietnamese companies raise capital in international markets.


The UK bank expressed confidence in the long-term development of Viet Nam’s economy, saying that, “Given the turmoil in the global and local markets, all investments of the bank in Viet Nam have been thoroughly considered.”


It is expected that Viet Nam’s economy will need an injection of about US$50 billion. Foreign banks will need to supply some of that capital.


The liberalisation of the banking sector comes amid a worsening economic backdrop in Viet Nam, with annual growth revised down to 7 per cent and credit growth limited to control double-digit inflation.


But Viet Nam remains attractive, because it is one of the least penetrated markets in Asia, with just 1 in 10 of its 87 million population holding a bank account.


Sud added that the effective controls the Government put in place to curb inflation and stabilise the economy demonstrated a sure touch.


In terms of market share in Viet Nam, some 40 foreign banks account for less than 10 per cent of total lending in the country. Over the next 5-10 years, local banks are still expected to hold an 85 per cent market share.


However, the participation of foreign banks like Standard Chartered will help domestic enterprises access high quality banking services.


Standard Chartered Bank owns a 15 per cent stake in Asia Commercial Bank (ACB). The UK bank said it had no plans to increase its investment in ACB at this time. In contrast, HSBC has increased its stake in Techcombank from 15 per cent to 20 per cent.


Standard Chartered Bank opened its first branch in Viet Nam in 1904. The bank has two branches in the country, the maximum permissible. They focus on serving the wholesale banking needs of Asia-based companies in the country.


Standard Chartered Bank plans to sign a contract today to loan the Vinacomin group $58 million. —

Standard Chartered to open 30 branches across Vietnam

In Uncategorized on September 16, 2008 at 9:38 am

Hanoi (VNA) – Standard Chartered Bank has signalled that it plans to open 30 branches in Vietnam over the next four years, after gaining approval to be the first overseas bank to incorporate their local operations in the country.

Ashok Sud, chief executive of Standard Chartered Bank in Vietnam, on September 15 told reporters in Hanoi that local incorporation would enable it to be better positioned to help Vietnamese companies raise capital in international markets.

The UK bank expressed confidence in the long-term development of Vietnam ’s economy, saying that, “Given the turmoil in the global and local markets, all investments of the bank in Vietnam have been thoroughly considered.”

It is expected that Vietnam’s economy will need an injection of about 50 billion USD. Foreign banks will need to supply some of that capital.

The liberalisation of the banking sector comes amid a worsening economic backdrop in Vietnam, with annual growth revised down to 7 percent and credit growth limited to control double-digit inflation.

But Vietnam remains attractive, because it is one of the least penetrated markets in Asia , with just 1 in 10 of its 87 million population holding a bank account.

Sud added that the effective controls the Government put in place to curb inflation and stabilise the economy demonstrated a sure touch.

In terms of market share in Vietnam , some 40 foreign banks account for less than 10 percent of total lending in the country. Over the next 5-10 years, local banks are still expected to hold an 85 percent market share.

However, the participation of foreign banks like Standard Chartered will help domestic enterprises access high quality banking services.

Standard Chartered Bank owns a 15 percent stake in Asia Commercial Bank (ACB). The UK bank said it had no plans to increase its investment in ACB at this time. In contrasts, HSBC has increased its stake in Techcombank from 15 percent to 20 percent.

Standard Chartered Bank opened its first branch in Vietnam in 1904. The bank has two branches in the country, the maximum permissible. They focus on serving the wholesale banking needs of Asia-based companies in the country.

Standard Chartered Bank plans to sign a contract to loan the Vinacomin group 58 million USD on September 16.-