International Payment in Vietcombank Hanoi
PREFACE
Nowadays, the International Payment activity in the banking service plays a more and more important role in the external economics affair. It provides a useful tool for connecting external economics affairs, economic and commercial relationship among the countries all over the world. The International Payment activity is one of the important activities of the banks and relates to many other kind of banking services.
Vietcombank in general and Vietcombank Hanoi in particular have now been in the top banks of Vietnam on this activity. It is a good chance for the writer to have a 5-week internship at Vietcombank Hanoi which is an exciting and valuable experience about reinsurance and business environment to the writer. This report can be considered as a summary of the writer’s knowledge about International Payment activity after the internship. With this report, the writer aimed to provide readers with records of the internship, import – export payment process operated in Vietcombank Hanoi. There are two main parts in this report, including:
Chapter 1: Overview of Vietcombank Hanoi
Chapter 2: International Payment activity in Vietcombank Hanoi.
In this paper, the writer would like to send great thanks to Ms. Tran Hong Ngan – lecturer of Faculty of Economics and International Business, who has instructed the writer during the time of writing this report; and Ms. Nguyen Thi Ngoc Thuy who directly instructed the writer during the internship, and many thanks to the Director and the entire staff of Vietcombank Hanoi for their gracious helps and creating opportunities and good conditions for the writer to take part in several business activities during this time.
Chapter I:
Overview of Vietcombank Hanoi (VCN Hanoi)
1. History and development
In 1984, to prepare for the renewal process of the whole economy, Hanoi Committee’s general meeting adopted a resolution of establishing a bank for its external economic
Nowadays, the International Payment activity in the banking service plays a more and more important role in the external economics affair. It provides a useful tool for connecting external economics affairs, economic and commercial relationship among the countries all over the world. The International Payment activity is one of the important activities of the banks and relates to many other kind of banking services.
Vietcombank in general and Vietcombank Hanoi in particular have now been in the top banks of Vietnam on this activity. It is a good chance for the writer to have a 5-week internship at Vietcombank Hanoi which is an exciting and valuable experience about reinsurance and business environment to the writer. This report can be considered as a summary of the writer’s knowledge about International Payment activity after the internship. With this report, the writer aimed to provide readers with records of the internship, import – export payment process operated in Vietcombank Hanoi. There are two main parts in this report, including:
Chapter 1: Overview of Vietcombank Hanoi
Chapter 2: International Payment activity in Vietcombank Hanoi.
In this paper, the writer would like to send great thanks to Ms. Tran Hong Ngan – lecturer of Faculty of Economics and International Business, who has instructed the writer during the time of writing this report; and Ms. Nguyen Thi Ngoc Thuy who directly instructed the writer during the internship, and many thanks to the Director and the entire staff of Vietcombank Hanoi for their gracious helps and creating opportunities and good conditions for the writer to take part in several business activities during this time.
Chapter I:
Overview of Vietcombank Hanoi (VCN Hanoi)
1. History and development
In 1984, to prepare for the renewal process of the whole economy, Hanoi Committee’s general meeting adopted a resolution of establishing a bank for its external economic