VDB finances Dong Van hydropower project

On 4th December 2017, the signing ceremony of an additional State investment credit contract to finance the Dong Van hydropower project was held in Da nang city between Dakrong hydropower joint stock Company and VDB’s Thua Thien Hue – Quang Tri area branch.

Mr. Pham Quang Tung resigned as Chairman of VDB's Board of Management

Under decision No.1942/QĐ-TTg dated 4th December 2017 signed by Prime Minister on personnel of Vietnam Development Bank (VDB), Mr.Pham Quang Tung, has been resigned from the position of VDB’s Chairman and is assigned to work in Bank for investment and development of Vietnam (BIDV).

VDB attend the 23rd AEBF Annual Meeting

From November 13th to 17th 2017, VDB delegation led by Acting General Director Mr. Dao Quang Truong participated the 23rd Asian EXIM Banks Forum (AEBF) Annual Meeting, hosted by Export Finance & Insurance Corporation (EFIC).

New Acting General Director of the Vietnam Development Bank

On November 17th, 2017, the Prime Minister, by the Decision No. 1829 / QD-TTg, has appointed Mr. Dao Quang Truong, Deputy General Director at the position of Acting General Director of Vietnam Development Bank.

Foreign exchange operations approval for VDB

October 27th, 2017, the State Bank of Vietnam (SBV) issued Decision No. 2265/QD-NHNN approving foreign exchange activities for Vietnam Development Bank (VDB).

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