HDBank Issues Convertible Bonds to Strategic Partner Germany’s DEG

HO CHI MINH CITY, VIETNAM – Media OutReach – 25 September 2020 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) today announced the signing of an agreement to issue convertible bonds and enter into a strategic tie-up with DEG – DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH (“DEG”).

DEG will invest in convertible bonds issued by HDBank.

The two parties will have a strategic partnership for developing products, services and finance packages for German businesses in Vietnam and Vietnamese exporters to Germany and Europe, contributing to boost the trade cooperation between Vietnam and Germany as well as with other European countries.

DEG is a development finance institution owned by German state-owned development bank KWF and is one of Europe’s15 leading development finance institutions.

It is currently present in 19 countries, managing a portfolio of around EUR8.6 billion in private groups around the world. In Vietnam,

Read More

Read More

Fire Department Funding – The 4 Upcoming Critical Financial Issues That Will Rock Your World

The Fire Service will be undergoing a transformation in the next few years that will impact every single fire department in the U.S. These issues will separate the survivors from the perished.

Issue #1: People will be a lot more expensive.

It doesn’t matter if you are a paid, volunteer, or combination department. The costs of having fire fighters will be increasing at an alarming rate. And it isn’t just payroll, it is the total expense of having people fight your fires.

The four trends for the higher costs are:

  1. Payroll. If you pay your fire fighters, the cost of paying their salary will be increasing. Add to that the cost of insurance, workman’s comp, and payroll taxes, you have a explosive mixture just waiting to absorb your budget.
  2. Attraction Costs. If you don’t pay your fire fighters, you will spend more money finding and attracting volunteer labor. The facts
Read More

Read More

5 Issues Involved in Buying Wholesale Clothes

If planning on selling wholesale merchandise online, it is crucial to invest the time and effort into sourcing the best stock you can afford. When setting up a small company, a significant issue relates to making a profit from the start. Whether a small business makes a profit or not relates to the style and quality of the wholesale clothing purchased. Here are several issues to consider in the buying process:

Type of product – Make certain to have a clear idea of the preferred style of clothing. This may range from men’s clothing, women’s dresses, big and tall clothing, kid’s clothing, etc. It often helps to trade in merchandise you are familiar with. Even though the majority of wholesalers offer a broad range of goods, you want to make certain the supplier you choose specializes in the goods you are most interested in.

Quality of clothing – When selecting … Read More

Read More