Hanoi-headquartered Techcombank recorded another year of stellar financial performance and growth in 2021, while continuing to support its customers, employees and communities in Vietnam, especially those impacted by the Covid-19 pandemic. In 2021, the bank recorded VND37.1 trillion (over $1.6 billion) in its total operating income, up 35.4 percent year-on-year. The bank’s profit before tax (PBT) rose to VND23.2 trillion. The company has achieved double-digit PBT growth for five consecutive years, at a compound average growth rate (CAGR) of 50 percent between 2016 and 2021. The bank’s performance remained resilient despite Covid-19 casting its shadow on the local markets and causing disruption to businesses and people’s lives. Techcombank grew its total assets by 29.4 percent, to VND568.7 trillion, and delivered an "industry-leading" return on its assets of 3.7 percent, according to the bank. It has also been able to maintain an impressive current account and savings account … [Read more...] about Digital, data and human excellence key components in Techcombank’s transformational journey
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Hunt for human talent for tourism – Vietnam’s new normal: RMIT University
As Vietnam reopens its borders to tourism, attracting, developing and retaining a quality workforce has become the top priority for this industry. With borders reopened and tourism promotion campaigns launched in Vietnam, hotels, tour operators and ancillary service providers across the country might be facing a major problem: shortage of qualified labor. Dr Nuno F. Ribeiro, RMIT University Vietnam During the worst period of the pandemic in 2020-2021, many tourism organizations had to reduce their (experienced) workforce. A report by the Ministry of Culture, Sports and Tourism revealed that tourism businesses cut staff by 70-80% in 2020. In 2021, the number of full-time tourism employees was down to 25% of the 2020 level, and about 30% quit their jobs or had their contracts terminated. These workers have either returned to their original employment prior to tourism and hospitality or they have found employment elsewhere. Now a great number of them are … [Read more...] about Hunt for human talent for tourism – Vietnam’s new normal: RMIT University
HCMC’s NA deputies visit coast guard on Con Dao Islands
The HCMC Delegation of the 14th and 15th National Assembly (NA) deputies visit and offer gifts to troops stationed on Con Dao Islands. The event marked the 47th anniversary of the Liberation of Southern Vietnam and National Reunification Day (April 30) and the 132nd birthday of President Ho Chi Minh (May 19). Speaking at the event, Deputy Head of the delegation Van Thi Bach Tuyet expressed her joy at the development of Con Dao Island and tourism infrastructure, preservation and promotion of historical values, and improvement of the living standards of local people and soldiers on the island. Deputy Head of the delegation Van Thi Bach Tuyet speaks at the meeting. She believed that the coast guard force on the island will successfully complete the assigned task, contributing to the construction and protection of the island. According to the Head of the military command of Con Dao District Pham Van Non, Con Dao archipelago includes 16 islands. The district has been … [Read more...] about HCMC’s NA deputies visit coast guard on Con Dao Islands
SEA Games 31: tickets sold out for men’s football finals
U23 Vietnam in a game with Timor-Leste (Photo: VNA) Hanoi (VNA) – All the 20,000 tickets have been sold for the final of the men’s football at the ongoing SEA Games 31 after being put up for sale online on March 15 morning. Each account created on the website digiticket.vn , authorised by the Games’ Organising Committee, is permitted to purchase no more than two tickets whose prices range from 300,000 VND (13 USD) to 500,000 VND. The match is to take place at the 40,000-seat National My Dinh Stadium in Hanoi on May 22. Apart from the 20,000 tickets, the Organising Board has also issued 20,000 invitation cards. Vietnam and Indonesia of Group A, which also includes Myanmar, the Philippines, and Timor-Leste, have earned a berth at the semifinals after scoring 10 and nine points, respectively. Malaysia and Thailand of Group B are likely to enter the semifinals. However, the official result will come after matches between Malaysia and Laos, and Thailand and … [Read more...] about SEA Games 31: tickets sold out for men’s football finals
Vietnam advances to semifinals after victory over Timor Leste
In this game, coach Park Hang-seo gave the chance for many young players, such as center defender Duy Cuong, midfielders Trong Long and Cong Den, and strikers Thanh Minh and Van Tung while most of the key players were put on the bench. Despite dominating the game, Vietnam struggled to score in the first half, which saw them draw 0-0 with Timo Leste. In the second half, Le Van Xuan crossed a ball to Van Tung, who opened a goal for Vietnam in the 52th minute. Eleven minutes later, Xuan once again created the opportunity for Ho Thanh Minh to score a header goal, securing a 2-0 win for Vietnam. Vietnam led Group A thanks to the victory, followed by Indonesia after defeating Myanmar 3-1. Source: VNA … [Read more...] about Vietnam advances to semifinals after victory over Timor Leste
Five golfers qualify for final round of VCCI Challenge
Photo: golfworld Five golfers have qualified for the final round of the Vietnam Chamber of Commerce and Industry (VCCI) Challenge Series after good performances in the first qualifying round at the Kings Island Golf Course. The first qualifying round saw 120 golfers competing in men's and women's handicap divisions of 0-16, 16-32 and over-32. Vietnam's Nguyen Van Tinh won the Callaway Division with a score of 75, while Nguyen Cuu Long took the lead in Division B with 66 points. Le Minh Tuan finished top of Division A with 67. RoKorean Kim Yeong-jin won the Ladies division with a score of 77, while fellow Kwon Heyo-tae came out on top of the men's low gross division. The next qualifying round is set to be held at the HCM City Long Thanh Golf Resort on July 17. The best golfers from four qualifying rounds will secure berths for the final round set to take place at the Vinh Phuc Heron Lake Golf Club on October 9. Source: VNA … [Read more...] about Five golfers qualify for final round of VCCI Challenge