Illustrative image It is being seen that private banks have now put in place many breakthroughs in business plans and are even preparing to overtake the strong performances of commercial banks in the Big 4 Group. Race for profits Vietcombank has just released its consolidated financial statement for the first quarter of the year, showing a pre-tax profit of more than VND9.95 trillion, which is an increase by 15.3 percent. However, in the first quarter, Vietcombank lost its former place as the number one champion. The private joint stock commercial bank, Vietnam Prosperity Joint Stock Commercial Bank (VPBank), has managed to push Vietcombank to second position. According to its consolidated financial statement for the first quarter, VPBank showed a profit before tax of VND11.14 trillion, up by 178 percent over the same period last year. The third and fourth positions are now being held by Techcombank which showed a profit of more than VND5.52 trillion, and Military … [Read more...] about Private banks coming strong against state-owned banks
Example of when youve had a target goal to meet
Vietnam to play more active role at U.N.: PM
At a meeting with U.N. Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time), the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Vietnam’s U.N. membership. Appreciating the U.N.’s valuable contributions and support to Vietnam over the past more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other U.N. leaders to visit Vietnam this year to foster multi-faceted cooperation between the two sides. Chinh reiterated Vietnam’s strong commitments to multilateralism and a world order based on international law and the U.N. Charter, as well as the country’s support for the U.N.’s central role in the global administration system, saying it needs global, all-people, and comprehensive approaches to tackle common challenges like epidemics and climate change. Vietnam backs enhancing relations between the U.N., parliaments of its member countries and the … [Read more...] about Vietnam to play more active role at U.N.: PM
Accomplishing Streets for Life campaign to ensure school traffic safety in Pleiku City, Việt Nam
AIP Foundation and Vietnamese ministries, agencies signed the agreement for extension phase of the Slow Zones, Safe Zones programme. — Photo courtesy of AIP Foundation PLEIKU CITY — Around the world, our community is mobilizing for the #CommitToAct Streets for Life Campaign 2022. AIP Foundation, along with its steadfast partners, is proud to join forces with this global movement from Pleiku, our model city for safe school zones in Việt Nam. AIP Foundation is gathering with government partners, the National Traffic Safety Committee (NTSC), the Ministry of Education and Training, the Ministry of Transport, the Gia Lai Provincial People’s Committee, the Gia Lai Provincial Traffic Safety Committee, and relevant partners for a workshop to celebrate the milestones of the Slow Zones, Safe Zones programme thus far and kickstart the extension phase. The overall purpose of the Slow Zones, Safe Zones programme is to reduce road crash injuries and fatalities in school zones. Our work … [Read more...] about Accomplishing Streets for Life campaign to ensure school traffic safety in Pleiku City, Việt Nam
Vietnam wishes to enhance cooperation with San Francisco: PM
Prime Minister Pham Minh Chinh (R) and Mayor of the City and County of San Francisco London Breed (Photo: VNA) Hanoi (VNA) - Vietnam wants to promote the relationship between San Francisco and Vietnamese localities in general and Ho Chi Minh City in particular in areas that the US city has strengths such as economics, trade, science, technology, digital transformation, and climate change response, Prime Minister Pham Minh Chinh told Mayor of the City and County of San Francisco London Breed at a meeting on May 17 morning (US time). Vietnam identifies San Francisco, where many Vietnamese people are living in, as a key area to promote relations between localities of the two countries, he said, adding that this is the reason why the city was the first place Vietnam opened its Consulate General in the US. He suggested the two sides increase the exchange of delegations at all levels, promote people-to-people exchanges, cooperate in human resource training and healthcare … [Read more...] about Vietnam wishes to enhance cooperation with San Francisco: PM