VPBank has helped more than 40,000 women-owned enterprises to gain access to banking loans (Source: nhandan.org.vn) The award is the recognition for its contribution to the IFC’s Global Trade Finance Programme (GTFP). After nearly two years of participating and implementing the programme, VPBank has achieved impressive results in promoting import, export and local trade. In 2017, VPBank saw remarkable achievements in transaction banking in 2017, including increased off-balance sheet balance, foreign exchange trading balance and fees income. The bank’s off-balance sheet balance rose 20%, with fees income from trade finance transactions up 13.8% year-on-year. Twenty supply chain financing programmes were implemented with year-on-year TOI growth of 31%. In 2017, VPBank implemented an initiative to support women business owners with the sponsorship and cooperation of IFC. Women-owned businesses account for 18% of the SME category and 85% of the household category, … [Read more...] about VPBank named as best issuing bank partner for women-owned businesses
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PANO – The opening ceremony of the 24th ASEAN Armies Rifle Meet (AARM-24) solemnly took place on November 19th at the Mieu Mon National Training Centre, Hanoi, and left a deep impression on foreign participants. Private Kharul Amilinbin Hjmd Noor, a Myanmar carbine firer said that although he had heard about the special abilities of troops of the Vietnam People’s Army, especially the commando, he was extremely surprised at the strong but beautiful moves of 400 Vietnamese troops in a group martial art performance at the opening ceremony. AARM flag hoisted at the opening ceremony “It is so amazing that so many commandos hid on the ground and nobody knew until they rose up. It was even more surprising when hundreds of commandos could perform martial arts moves exactly at the same time”, said Kharul Amilinbin Hjmd Noor. Meanwhile, Napason Kinh Yong, a female Thai pistol firer, who takes part in the Meet for the second time, was impressed by the … [Read more...] about AARM-24 opening ceremony impressed foreign athletes and delegates
A Techcombank office. Shares of Techcombank, Vietcombank. ACB and VPBank are forecast to rise 14-68 per cent in 12 months thanks to earning growth. — Photo cafef.vn Shares of four Vietnamese banks may rise 14-68 per cent in 12 months, according to JP Morgan’s Asia Pacific Equity Research. The New York-based financial institution said in its research that the Vietnamese banks “offered an increasingly rare combination of high and self-sustaining earnings growth." “This, with a favourable credit cycle, should lead to significant multi-year returns,” the US bank reported early this month. In addition, high visibility on nominal gross domestic product (GDP) and current account surplus allows “extrapolation of strong earnings and credit growth in Viet Nam.” JP Morgan rated shares of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), the Vietnam Technological and Commercial Joint Stock bank (Techcombank) and the Asia … [Read more...] about Four bank shares to gain maximum 68 per cent in 12 months: JP Morgan
The visit is the first made by a senior Vietnamese leader after the 19th Congress of the Communist Party of China. It is also the first trip to China since NA Chairwoman Ngan took office in 2016. It is of important significance in maintaining the high-level exchanges between the two Parties and States, helping to reinforce and strengthen political trust, and develop the comprehensive cooperative strategic partnership between Vietnam and China. NA Chairwoman Nguyen Thi Kim Ngan welcomed at the Beijing International Airport at noon on July 10. During the visit, the two sides will discuss measures to continue effectively implementing a cooperation agreement signed in 2015 between the National Assembly of Vietnam and the National People’s Congress of China. The two sides will also exchange views on international issues of mutual concern as well as bilateral collaboration at regional and international parliamentary forums. As scheduled, NA Chairwoman Ngan will … [Read more...] about Top legislator arrives in Beijing, continuing official visit to China
Speaking at the opening of the Vietnam Communist Party Central Committee’s conference on May 16, Party General Secretary and President Nguyen Phu Trong raised the question "What will our country be in 2045?" The question of the top leader of Vietnam is one of many that need to be addressed at the upcoming XIII Congress, for which the Central Executive Committee is preparing. If the Party and the people's will unite, the problem can be solved no matter how difficult it is. In this regard, the will of the Party is taking shape. But what about the people? There are hundreds of ideas. VietNamNet would like to introduce an article by Dr. Dinh Duc Sinh about this matter. By 2045, the country's name will still be the Socialist Republic of Vietnam In 1945, the August Revolution gave birth to the Democratic Republic of Vietnam. After 35 years, in 1980, the name of the country was changed to the Socialist Republic of Vietnam with the expectation of advancing rapidly, strongly and firmly … [Read more...] about What will Vietnam be in 2045?