As businesses in Việt Nam review their work-from-home practices with a view to a return to the office, Sang Lee, CEO, and Đàm Xuân Thuỷ, Chief Human Resources Officer at Manulife Vietnam share their plans for this transition and how it can be done to ensure employees’ well-being, connection and engagement remain as strong as ever. Sang Lee, CEO of Manulife Vietnam. — Photo courtesy of Manulife Vietnam How is Manulife Vietnam adapting its ways of working in the post-COVID environment? Throughout the pandemic, the safety and well-being of our employees have been paramount. We’ve strived to ensure they feel safe, engaged and supported. We are also extremely proud of their resilience, drive, and ability to adapt. Our strong digital foundation allowed our employees to switch seamlessly between the office and home, enabling us to maintain service standards nationwide for customers and advisers. With work culture never likely being the same in the post-pandemic era, companies … [Read more...] about Manulife Vietnam reimagines workplace for new normal
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Banks gain impressive business results in Q1 2022
A customer at a bank in Ha Noi. — VNA/VNS Photo Many banks have reported large profits of up to trillions of Vietnamese dong in the first quarter of 2022 thanks to high earnings from services and bancassurance as well as good control of provision costs. Vietnam Prosperity Commercial Joint Stock Bank (VPBank) topped the list with profit nearly tripling over the same period last year to more than VND11.1 trillion. The record high profit contributed to bringing the bank's equity to more than VND95 trillion and capital adequacy ratio (CAR) to more than 15 per cent. VPBank’s impressive profit was thanks to high income from service fees (26.5 per cent) and notably from a bancassurance contract with AIA - which helped the bank increase its revenue from other activities nine times. Besides VPBank, three banks - Saigonbank, LienVietPostBank and PG Bank - also announced Q1 2022 financial statements with strong profit growth in the first quarter of the year. At Saigonbank, pre-tax … [Read more...] about Banks gain impressive business results in Q1 2022
Banks gain impressive business results in Q1
Many banks have reported large profits in Q1 of 2022. (Photo: VNA) Hanoi (VNS/VNA) - Many banks have reported large profits of up to trillions of Vietnamese dong in the first quarter of 2022 thanks to high earnings from services and bancassurance as well as good control of provision costs. Vietnam Prosperity Commercial Joint Stock Bank (VPBank) topped the list with profit nearly tripling over the same period last year to more than 11.1 trillion VND. The record high profit contributed to bringing the bank's equity to more than 95 trillion VND and capital adequacy ratio (CAR) to more than 15 percent. VPBank’s impressive profit was thanks to high income from service fees (26.5 percent) and notably from a bancassurance contract with AIA - which helped the bank increase its revenue from other activities nine times. Besides VPBank , three banks - Saigonbank, LienVietPostBank and PG Bank - also announced Q1 2022 financial statements with strong profit growth in the first … [Read more...] about Banks gain impressive business results in Q1