HDBank achieves $231m profit, adopts Basel III norms
The cost-to-income ratio fell from 36.98 per cent a year earlier to 34.77 per cent, among the lowest in the market. As of June 30, its total assets were worth VNĐ483.9 trillion ($20.39 billion), up 26 per cent year-on-year. The high growth in deposits in particular underlined its prestige and brand value and the trust customers have in the bank. Full adoption of Basel III, room for growthHDBank has adopted Basel III, the highest international risk management standards in Việt Nam today. Its operational safety indicators as of June 30 compared well with the norms set by the State Bank of Vietnam.
Source:Viet Nam News
August 01, 2023 07:31 UTC
IOM ready to help Việt Nam eliminate human trafficking: Official
How have you seen Việt Nam in combat human trafficking over the last few years, given the TIP law was enacted since 2011? One example is the implementation of the National Human Trafficking Prevention and Control Programme for 2021-2025, with a vision for 2030, which includes new solutions and tasks to prevent and fight human trafficking in all areas. However, human trafficking can occur within the borders of any country, including Việt Nam. There are a lot of discussions around revising the Law on Human Trafficking Prevention and Control to adapt to new tactics of traffickers and to enhance the effectiveness of human trafficking prevention and control. With all of those objectives in mind, IOM stands ready to support the Government of Việt Nam and other partners to accelerate the goal of eliminating the trafficking of persons in Việt Nam.
Source:Viet Nam News
August 01, 2023 06:04 UTC
VIETNAM NEWS HEADLINES AUGUST 1/2023
HCMC Transport Department is requested to create one specific Standard Framework for Automatic Ticket Collection System in Passenger Public Transport for HCMC according to actual situations. These information pieces have to be compiled in a report sent to HCMC Transport Department this July. Painter Trinh Tuan from Asia Art Link Vietnam underscored the significance of the event in terms of elevating the images, art, culture, and people of Vietnam to the wider world. The event was attended by representatives of the Vietnam Office for Seeking Missing Persons (VNOSMP), the US Ambassador to Vietnam Marc Knapper, and other relevant agencies. According to the latest report of the Ho Chi Minh City General Statistics Office, the total foreign investment capital into Ho Chi Minh City in the first 6 months of 2023 reached $2.8 billion, up 30.7 percent over the same period.
Source:Viet Nam News
August 01, 2023 04:12 UTC
Vietnamese tennis team wins ticket to Davis Cup’s Group II
The Vietnamese tennis team has won 2-1 over Jordan rivals in a playoff to secure a ticket to Davis Cup 2024, Asia/Oceania Zone Group II. (Photo: baovanhoa.vn)The Vietnamese tennis team has won 2-1 over Jordan rivals in a playoff to secure a ticket to Davis Cup 2024 , Asia/Oceania Zone Group II.The playoff between Vietnam, second place in Group A and Jordan, second place in Group B, took place in Sri Lanka on July 29.In the group stage of Davis Cup, Asia/Oceania Zone Group II I, the Vietnam ese tennis team in Group A lost 0-3 to Iran in the opening match but then had two consecutive victories with a score of 2-1 against both Sri Lanka and Saudi Arabia.With the ticket to Davis Cup 2024, Asia/Oceania Zone Group II, the Vietnamese team surpassed its goal of staying in Group III./.
Source:Viet Nam News
August 01, 2023 01:52 UTC
VIB's profit up 12%, ROE stands at 29% in H1
HÀ NỘI — Vietnam International Bank (VIB) has announced its pre-tax profit at over VNĐ5.64 trillion in the first half of this year, up 12 per cent year-on-year. In Q2 alone, the bank's pre-tax profit hit a record high of nearly VNĐ2.95 trillion. Meanwhile, non-interest income reached nearly VNĐ1.59 trillion, contributing 15 per cent to the total revenue. Cautious about credit growth, improved asset qualityAs of June 30, 2023, VIB's total assets topped nearly VNĐ379 trillion, up 10 per cent compared to the beginning of the year. However, in the second quarter, the bank recorded positive business performance with credit growth reaching 2.4 per cent.
Source:Viet Nam News
July 31, 2023 21:28 UTC
Top legislator to attend AIPA-44, visit Indonesia, Iran
Politics HCM City workshop talks amended Land Law Scientists, experts, lecturers and researchers gave opinions on the Land Law (amended) at a workshop jointly held by the National Assembly’s Economic Committee and the Ministry of Natural Resources and Environment in Ho Chi Minh City on July 31. Videos Last victim’s body in Lam Dong landslide discovered The last body of the four victims killed in the July 30 landslide on Bao Loc Pass, the Central Highlands province of Lam Dong, was found at noon on July 31, local authorities reported. Videos Japanese scholar praises Vietnam's bamboo diplomacy A Japanese scholar has that said Vietnam’s “bamboo diplomacy” showcases flexibility in the country’s foreign relations and is well-suited to its strategic environment and historical context. Politics Party chief’s book on defence strategy should be further introduced to public: opinions The book on the military policy and defence strategy of Vietnam in the new period by Party General Secretary Nguyen Phu Trong reflects his consistent thought about the leadership and directions over the national safeguarding, many experts, researchers and Party members have shared the view.
Source:Viet Nam News
July 31, 2023 19:13 UTC
Requiem for fallen Vietnamese soldiers held in Germany
Veteran soldiers offer flowers to commemorate their fallen comrades at the event (Photo: VNA)The Tan Trao Association in Germany on July 30 organised a requiem for Vietnamese soldiers who laid down their lives in the struggles to defend and reunite the homeland as part of a meeting to commemorate the 76th anniversary of Vietnam War Invalids and Martyrs Day (July 27).Venerable Thich Phap Nhan, the head of the Pho Da Pagoda in Berlin, together with other dignitaries, Buddhists monks, nuns and followers from the Phuc Lam, Tue Quang, and Dong Tam pagodas, conducted the prayer ceremony with Buddhist rituals.Speaking at the event, Vietnamese Ambassador to Germany Vu Quang Minh emphasised that the Vietnamese people never forget the great contributions of the heroes, war invalids, veterans, who made a glorious part in the nation’s history.The diplomat said this meaningful activity reflects the profound gratitude and sincere appreciation for those who have fallen or sacrificed their blood and bones for the independence and freedom of the country.Talking to the Vietnam News Agency, President of the association Le Hong Cuong, said the event also serves as an opportunity to educate the younger generations about the patriotic traditions and the indomitable heroic spirit of their ancestors. It also demonstrates the care, sharing, and encouragement toward the families of martyrs, war invalids, and veterans./.
Source:Viet Nam News
July 31, 2023 18:07 UTC
VIETNAM NEWS HEADLINES JULY 31/2023
In July alone, Vietnam welcomed roughly 1 million international visitors, up 6.50 percent, the highest monthly figure since early this year. Meanwhile, the UK, France and Germany topped European markets with the highest visitor numbers to Vietnam in the first seven months. These solutions have helped to improve the water environment and deal with illegal coral exploitation. Minister of Natural Resources and Environment Dang Quoc Khanh praised achievements made by the Ho Chi Minh City Department of Natural Resources and Environment over the past 20 years. Therefore, the Department of Natural Resources and Environment should advise the People's Committee of Ho Chi Minh City to strictly manage and efficiently use natural resources, especially land resources.
Source:Viet Nam News
July 31, 2023 16:02 UTC
Marico SEA’s resilience blueprint: strategy for shared vision and enhanced belief in success
And could you share how you used this inspiration to implement your strategy at Marico SEA? This inspiration has been instrumental in shaping my strategy at Marico SEA. Additionally, we implemented "GOWIN" (GOWIN Culture Code - The Foundation of Success), our local culture framework promoting Growth Mindset, Result Oriented, Winning together, Integrity, and Nurturing talent. Marico SEA's three-pillar strategy has guided its significant achievements. Today, our leadership team is predominantly female, and that is not by design but simply a testament to the talent available in Vietnam and our commitment to giving everyone an opportunity to grow.
Source:Viet Nam News
July 31, 2023 14:25 UTC
Việt Nam welcomes 6.6 million international visitors in seven months
HÀ NỘI — Việt Nam welcomed more than 6.6 million international visitors in the first seven months of 2023, hitting 83 per cent of the year’s target, according to the latest report from the General Statistics Office. Among the 6.6 million tourists, 87.6 per cent came to Việt Nam by air (5.8 million), 11.6 per cent by road (765,300), 0.8 per cent by sea (55,100). South Korea remained the largest source market of Việt Nam tourism in the first seven months of this year with 1.9 million visitors, accounting for one-third of total international visitors to Việt Nam. Among the top ten source markets of Việt Nam tourism, four are in Northeast Asia – South Korea, China, Taiwan (China), and Japan, and three in Southeast Asia – Thailand, Malaysia, and Cambodia. During the first seven months, the industry also served 76.5 million domestic tourists – including 12.5 million in July (peak summertime holiday).
Source:Viet Nam News
July 31, 2023 03:32 UTC
National ballet dancers perform Giselle at Opera House
HÀ NỘI — Việt Nam National Opera and Ballet (VNOB) will bring Giselle - one of the greatest romantic ballets to audiences in Hà Nội downtown on August 2 & 3. "We as the national ballet theatre have performed popular ballets like Swan Lake and La Sylphide," said Phan Mạnh Đức, VNOB's director and the ballet's art director. "Giselle is a romantic ballet loved by all dancers and ballet lovers. "The role requires both excellent dance skills and a deep understanding of Giselle's complicated soul. She won the best dancer at National Dance, Sing and Music Festival in 2021.
Source:Viet Nam News
July 31, 2023 03:17 UTC
Many challenges to be solved in using VNeID for domestic flights
HÀ NỘI — The Civil Aviation Administration of Việt Nam (CAAV) has just submitted a report detailing challenges arising during the trial of using the e-identification app VNeID for domestic air travel. The pilot programme allows users with eID accounts at level-2, which means their information has been verified by authorities, to use the app for security checks for domestic flights. However, the CAAV reported that several airports in mountainous areas or on islands have unstable connections, which is an obstacle to using VNeID. According to a report by the Airports Corporation of Vietnam (ACV) and Vân Đồn International Airport, on average, 0.64 per cent of air passengers use VNeID for domestic flights. A passenger using traditional papers usually passes through direct security checks in around six seconds.
Source:Viet Nam News
July 31, 2023 02:11 UTC
Market likely to struggle this week but head towards new highs
HÀ NỘI — The Vietnamese stock market posted a positive week last week, with the VN-Index officially surpassing the key psychological level of 1,200 points. Experts expect that the market may struggle this week but gradually head toward new highs. The Hồ Chí Minh Stock Exchange (HoSE) ended last week at 1,207.67 points, hitting a ten-month high, while the HNX-Index on the Hà Nội Stock Exchange (HNX) was at 237.54 points. Both benchmark indices set another weekly gain, of which the VN-Index climbed 1.1 per cent, gaining for the fourth consecutive week. Liquidity increased strongly with the average trading value of the market up 15.5 per cent over the previous week to more than VNĐ23.5 trillion (US$992.1 million).
Source:Viet Nam News
July 31, 2023 01:30 UTC
Thailand warns of escalating cybercrime
Thailand warns of escalating cybercrime (Photo:thethaiger.com)Bangkok (VNA) – The Research Department of the Stock Exchange of Thailand (SET) has provided a stark warning about the escalating threat from cybercriminals. It has emphasised the necessity to address this pressing issue as global damage from cybercrime threats continues to balloon. Predicted to top 8 trillion USD by 2023, the urgent necessity to curtail cyber threats is globally acknowledged. The country recorded 218,210 complaints relating to cybercrime threats within just one year. A report by Thailand’s National Cyber Security Agency (NCSA) reveals that 551 cyber threat incidents occurred from October 1, 2021, to September 30, 2022.
Source:Viet Nam News
July 30, 2023 22:35 UTC
Prime Minister meets voluntary blood donors
HÀ NỘI — Prime Minister Phạm Minh Chính met with 100 outstanding voluntary blood donors nationwide on Saturday, who are in Hà Nội for a special programme honouring their good deeds. The Party and State always created favourable conditions for blood donation, he said, citing Party General Secretary Nguyễn Phú Trọng’s blood donation appeal in April 2020 when COVID-19 was developing. Since the establishment of the National Steering Committee for Voluntary Blood Donation in 2008, more than 16 million blood units have been collected, 99 per cent of which have come from voluntary donors. All cities, provinces and districts have set up their own steering committees for voluntary blood donation. Up to 1,500 blood donors have been commended over the past years.
Source:Viet Nam News
July 30, 2023 11:00 UTC