Joint stock commercial bank for foreign trade of vietnam

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

Regarding its foreign policy, Armenia diversifies relations with countries and international organizations. It balances its relations with Russia and the West, particularly the EU, to attract more foreign investment and financial support for its development as well as to strengthen its defense and security.  Armenia has so far joined over 40 regional and international organizations, including the Organization for Security and Cooperation in Europe, the Non-Aligned Movement WTO and the UN.  … [Read more...] about Vietnam wants to promote bilateral relations and expand cooperation with Armenia

Hanoi (VNA) – The Embassy of Vietnam in Russia hosted a press conference and a reception in Moscow on January 22 to mark the 70th founding anniversary of the Vietnam-Russia diplomatic relations (January 30, 1950). Speaking at the reception, Vietnamese Ambassador to Russia Ngo Duc Manh stressed that in the Vietnam Year in Russia and the Russia Year in Vietnam in 2019, the bilateral relationship was strengthened as hundreds of activities were organised in the two countries, including visits of high-ranking leaders and cultural exchanges. Vietnam and Russia will celebrate the 70th founding anniversary of diplomatic ties this year, offering a chance for the two countries to review their achievements, he said. For his part, Nicolay Nozdrev, head of the Third Asian Department under the Russian Ministry of Foreign Affairs, affirmed that the Russia-Vietnam comprehensive strategic partnership have been consolidated in all fields over the years despite changes in the region and the … [Read more...] about 70th anniversary of Vietnam-Russia diplomatic ties marked

Green tourism is a type of tourism that operates in a way that minimizes the impact on the environment, making a positive contribution to biodiversity protection, using renewable energy and promoting natural and cultural heritage, developing environmentally friendly products. … [Read more...] about Green tourism – sustainable development direction of Vietnam’s tourism

The Vietnamese Ministry of Health has warned people to keep their distance from people with acute respiratory infections and wear a mask when talking to them. Equipment to monitor arriving passengers’ body temperature have been installed at airports in Hanoi, Saigon, Da Nang and Cam Ranh in central Vietnam … [Read more...] about Vietnam confirms first acute pneumonia cases in Saigon