Facebook: @ www.facebook.com/ S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang 1 Table of Contents Introduction...................................................................................................................................... 3 I. Overview about Haiduong Agribank .......................................................................................... 4 1. History and development progress.......................................................................................... 4 2. Personnel structure.................................................................................................................. 4 3. Operations and business.......................................................................................................... 4 3.1 Raising capital.................................................................................................................... 5 3.2 Crediting ............................................................................................................................ 6 3.3 Other services..................................................................................................................... 7 3.4 Achievements ..................................................................................................................... 8 II. International Payment in Haiduong Agribank.......................................................................... 8 1. Forex and Trading Department structure .............................................................................. 8 2. Factors affecting international payment in Haiduong Agribank ....................................... 9 2.1 Objective....................................................................................................................... 9 2.2 Subjective ................................................................................................................... 10 3. Remittances and L/C payment .......................................................................................... 11 3.1 Broad procedures for both remittance and L/C payment......................................... 11 3.2 Current situation for remittance and L/C ................................................................. 13 3.3 Achievements ................................................................................................................... 16 III. Assessments and recommendations................................................................................... 18 1. Assessment ......................................................................................................................... 18 1.1 Drawbacks....................................................................................................................... 18 1.2. Reasons............................................................................................................................ 20 2. Recommendations.................................................................................................................. 22 Diary .............................................................................................................................................. 24 References...................................................................................................................................... 25 Facebook: @ www.facebook.com/ S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang 2 Facebook: @ www.facebook.com/ S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang 3 Introduction International payment, which has been developed on the basis of commercial banks, is the last step in the process of trading of goods and services among international subjects, in which banks are payment intermediaries. Globalization in the modern time has attached greater importance to international payment. Commercial banks in Vietnam have recently made efforts to improve and perfect international payment operations, satisfy