VietNamNet Bridge - VietinBank, a state-owned bank, is no longer one of the top 5 profitable banks, while a private bank has for the first time been added to the top 3. In Vietnam, four state-owned banks were the largest and most profitable in previous years, but that has changed. VietinBank, a state-owned bank, is no longer one of the top 5 profitable banks, while a private bank has for the first time been added to the top 3. Analysts say that Techcombank is following a specific operation model with its core activities revolving around relations with large partners such as Vingroup (real estate developer), Masan (consumer goods manufacturer) and Vietnam Airlines (air carrier). US$1=VND22,000 RELATED NEWS VN banks believe 2018 profit target within reach ‘The big five’ in Vietnam’s banking system Kim Chi … [Read more...] about Bank rankings see big changes in 2018
Party prioritizes preparation for Politburo personnel in 2021-2026
The Hanoitimes - Personnel is one of the important issues in preparation for the 2021-2026 term. CPV Central Committee convenes plenum, focusing on personnel issues Party-building sector sets to better personnel preparations Vietnam to keep police personnel unchanged by 2021: Minister Party officials screen personnel preparations The Communist Party of Vietnam's key task in 2019 is to prepare personnel for the Secretariat and the Politburo in the 2021-2026, Thanh Nien newspaper reported, citing a senor Party official. Senior officials at the meeting. Photo: Thanh Nien Accordingly, the Party Central Committee’s Personnel Commission will work on the issue to make consultancy for the top bodies, Deputy Head of the commission Nguyen Thanh Binh said at a meeting earlier this week. The move is part of the issues in the building of the Party to prepare for the 13th national congress, which is scheduled to take place in early 2021. Personnel is … [Read more...] about Party prioritizes preparation for Politburo personnel in 2021-2026
Vietnam’s victory well deserved, say Vietnam and Jordan coaches
Vietnam kept their Asian Cup dream alive by beating Jordan on penalty shootout in an intense round of 16 match. Jordan scored first but Vietnam equalized and dominated the second half, leading the game to extra time and penalties. Head coach Park was very satisfied with the team’s performance and revealed the strategy that helped Vietnam won the game. "Jordan is a very strong opponent and their performance in the group stage showed that. However, my players played wonderful today and we deserved to advance," Park said at the post-match press conference. Head coach Park gives instructions to the players in the match. Photo by VnExpress/Anh Khoa "We have done researches on Jordan carefully. Their strength is playing long ball, so I told the players to put more pressure. I also put Huy Hung in the midfield to counter their counter attacks. In the second half we played better, but the only thing I said in halftime was making more long and accurate passes," Park added. Goalkeeper … [Read more...] about Vietnam’s victory well deserved, say Vietnam and Jordan coaches
Vice President Thịnh gives Tết gifts to cancer patients
Vice President Đặng Thị Ngọc Thịnh hands over Tết gifts to cancer patients at the Hà Nội Oncology Hospital in Hà Nội on Saturday. — VNS Photo Thanh HảiViet Nam News HÀ NỘI — Vice President Đặng Thị Ngọc Thịnh handed over Tết gifts, each worth VNĐ1 million (US$44.5), to 100 cancer patients during her visit to the Hà Nội Oncology Hospital in Hà Nội on Saturday. The gifts were part of the Ngày mai tươi sáng (Bright Future) Fund for Cancer Patients’ humanitarian programmes ahead of the Tết (Lunar New Year) holiday. Speaking at the event, Thịnh hoped all patients would get well soon in order to return to their families to enjoy Tết. The hospital director Bùi Vinh Quang said that the gifts would ease their pain and bring confidence to cancer patients. The fund will also provide … [Read more...] about Vice President Thịnh gives Tết gifts to cancer patients
Ex-Petro Vietnam Chairman Đinh La Thăng faces more charge
Đinh La Thăng at a court hearing in May last year. — VNA/VNS PhotoViet Nam News HÀ NỘI — Police on Sunday launched criminal proceedings against Đinh La Thăng, former chairman of the Vietnam National Oil and Gas Group (PetroVietnam), for suspected violations at Petrochemical and Bio-Fuel Joint Stock Company – a subsidiary of this group. Thăng, born in 1960, is being investigated for “violating regulations on investment in construction, causing serious consequences” under Article 224 of the Penal Code. The same day, the Ministry of Public Security also launched criminal proceedings against and searched the house of Trần Thị Bình, former deputy director general of PetroVietnam, on the same charges. She is currently under house arrest. This was the latest move by police probing the Phú Thọ ethanol factory of the Petrochemical and Bio-Fuel JSC. In 2018, Thăng, former Politburo … [Read more...] about Ex-Petro Vietnam Chairman Đinh La Thăng faces more charge