As foreign companies expand in Vietnam, they often need to manage multiple entities, cross-border payments, foreign exchange exposure, and local regulatory requirements. This has increased demand for banking partners that can simplify operations, improve cash flow visibility, and help manage financial risks.
Techcombank has developed a banking proposition for FDI enterprises that combines transaction cost savings, treasury management solutions, and advisory support.
Reducing transaction costs
Techcombank’s banking package for FDI enterprises is designed to reduce costs associated with trade finance and cross-border payments. Eligible businesses can save up to US$40,000 through fee waivers on services including import and export Letters of Credit (L/C), Documentary Collection transactions, and international remittances.
By reducing banking costs and simplifying transaction processes, businesses can allocate more resources towards investment, expansion and business development. In addition, businesses can receive rewards of up to US$2,500 based on their use of foreign exchange services, current account balances, domestic payments, and selected investment products.
Supporting treasury management
As companies expand across markets and entities, treasury teams require greater visibility and control over cash flows.
Techcombank’s corporate banking platform allows businesses to manage multiple subsidiaries through a single digital interface while maintaining internal approval procedures.
The bank said online foreign exchange transactions and international remittances are processed within two hours. It also provides foreign exchange hedging solutions and liquidity management products, including Bao Loc Certificates of Deposit and multi-currency term deposits.
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Employees and customers seen at a Techcombank branch. Photo courtesy of the bank |
Combining local and international expertise
Foreign investors also need to navigate regulations covering investment capital accounts, foreign exchange, and cross-border transactions.
Techcombank provides support from market entry and account setup through ongoing treasury management and expansion. Dedicated multilingual relationship managers work with clients on regulatory compliance and financial solutions.
“As foreign investment into Vietnam continues to grow, companies increasingly expect faster, simpler and more efficient banking support for their day-to-day operations,” said Huong Ngo, Head of Economic Sector, Corporate & Institutional Banking Group at Techcombank.
“At Techcombank, we combine deep local market knowledge with tailored financial solutions and digital banking capabilities to help businesses establish operations, manage growth, and capture opportunities in Vietnam with confidence.”
Learn more about Techcombank’s exclusive banking package for FDI enterprises here.
Techcombank said it aims to support FDI enterprises as they establish and expand operations in Vietnam.
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is a Vietnamese joint stock commercial bank providing retail and corporate banking services. The bank serves about 18 million retail and corporate customers through its digital platforms and transaction service network.
Techcombank is rated AA- by FiinRatings, Ba3 by Moody’s, and BB by S&P.