Hanoi (VNA) – The join-stock bank Sacombank has said its last year’s pre-tax profits amounted to 3.217 trillion VND (about 139 million USD), 21.4 percent higher than its plan for the year. In its latest financial report, the bank attributed this to the considerable contribution by the service revenue which made up 23 percent of the bank’s total net income and rose 23.9 percent over the figure a year earlier. The bank’s total asset on the last day of the last year was valued at 4453.6 trillion VND while its bad debts were reduced to 1.93 percent from 2.2 percent at the end of 2018. As for e-banking activities, the number of the users of Sacombank’s services rose by nearly 40 percent to 1.9 million. A prominent point is that the bank started applying Basel II to its operation from the first day of this year in line with the roadmap by the central bank on the safety rate of capital. For this year, Sacombank has set the targets of increasing its business … [Read more...] about Hiking service revenue helps boost major joint-stock bank’s profits
Top faculty for ca final financial reporting
In the first few weeks of 2020, Binh Duong has welcomed multiple groups of foreign investors to visit and explore local business opportunities. He highlighted the visit of President of Bumin Medical Group Chung Hungtae from the Republic of Korea to Binh Duong last week who said he wants to invest in healthcare in the southern province. … [Read more...] about BUSINESS NEWS HEADLINES JAN. 23
Investors of one power plant only show the impacts the plant may have on the area. Meanwhile, there are many power plants on the same river, and separate reports won’t show the accumulative impacts of all the plants to the environment. Similarly, ca ban (Pangasius mekongensis) also lives at the estuary of Mekong Delta and migrates back to southern Laos to reproduce. The fish is an important target for fishing industry in the deep-water areas on Tien and Hau Rivers, such as Tan Loc Isle, Vam Nao canal and coastal areas. … [Read more...] about Will the Mekong Delta have fewer coal-fired power plants?
At the onset of his term from 2016-21, Prime Minister Nguyen Xuan Phuc laid down a very important mission for his Government; to build a facilitating State and an action-oriented Government for the people and enterprises. Addressing an enterprise conference in April 2016, PM Phuc said enterprises should act as a driving force for national economic development. … [Read more...] about State Bank of Vietnam gains top ranking in PAR
At the same time, at this session, the Human Rights Council adopted the results of the Universal Periodic Review of Vietnam in cycle III with the Reports of 13 other countries. Vietnam accepted 241 out of 291 recommendations made by the countries, reaching nearly 83%, including important and comprehensive contents of human rights assurance, especially the improvement of the system. legal systems, measures to ensure civil and political rights, as well as economic, social and cultural rights, and strengthening institutions to protect human rights and new issues on migration, climate change, environment and sustainable development. … [Read more...] about UNHRC adopts Resolution on Human Rights, co-authored by Vietnam