Western digital external hard drive clicking

Three parties signed a strategic cooperation agreement On May 13, C.P. Vietnam announced at its head office in Bien Hoa that it has kick-started its digital transformation journey with SAP SuccessFactors solutions. The move will help the company enhance its HR capabilities and leverage real-time analytics for better business decisions and capabilities. C.P. Vietnam expects not only to reduce costs and drive greater operational efficiency but also to deliver an enhanced employee experience consistent with its mobile-first, cloud-first philosophy that attracts and retains talent, fosters employee engagement, and drives improved business outcomes. The company is a foreign direct investment enterprise that operates in the closed agro and food industry. Established in 1993, it has steadily grown to become Vietnam’s leading food conglomerate, covering both livestock and aquaculture businesses. The company’s food products not only meet the needs of the domestic market but are also … [Read more...] about C.P. Vietnam’s digital transformation with
 SAP SuccessFactors

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

Hanoi, (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 18. -President Nguyen Xuan Phuc paid tribute to fallen soldiers resting at the A1 National Cemetery in the northern border province of Dien Bien during his working trip to the province on May 17-18. Built in 1958, the cemetery is the resting place of 645 soldiers who laid down their lives during the 56 days and nights of the Dien Bien Phu Campaign in 1954. Read full story -National Assembly Chairman Vuong Dinh Hue had a meeting with visiting Greek President Katerina Sakellaropoulou in Hanoi on May 18, during which the Vietnamese top legislator expressed his delight at the growing friendship and all-round partnership between the two countries. President Sakellaropoulou agreed with the Vietnamese top legislator’s proposal to beef up bilateral trade, saying her visit aims to further promote bilateral partnership and that the bilateral double taxation avoidance … [Read more...] about ☕ Afternoon briefing on May 18

Aiming to become one of the top 10 banks in ASEAN, Vietnam’s Techcombank is prioritizing sustainable growth over the long term, even as the bank delivered another year of sizzling hot growth in 2021. The rate of Techcombank’s rise within the Vietnamese banking industry was highlighted last year when it became the first non-state-owned bank to join Vietnam’s “billion-dollar profit” club. “Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us to deliver stellar performance year after year,” said Jens Lottner, CEO of Techcombank. Last year, the lender continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a “stable and cheap” source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 percent in 2020 to 50.5 percent last … [Read more...] about Vietnam’s Techcombank is on track for seat at top table of ASEAN banks

"Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us deliver stellar performance year after year," said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a "stable and cheap" source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 percent in 2020 to 50.5 percent last year, on its way to the bank’s target of 55 percent by 2025. Techcombank’s net interest margin (NIM), a measure of the difference between the interest received by the bank and the amount paid out to lenders, also increased 69 basis points to 5.6 percent during the year. "Together, these improving metrics, along with our effective cost management, translated into an excellent profit before tax … [Read more...] about Techcombank eyes seat at top Southeast Asian banking table

Ekkasit Lakkananithiphan, president of Dow Vietnam As one of the prominent companies focusing on green technology, how has Dow Vietnam contributed to the country’s sustainability goals? As a global materials science company, we have primary sustainability goals. The first is to protect the climate, in which we implement and advance technologies to manufacture our products using fewer resources for carbon neutrality by 2050. And to tackle the plastics pollution, our goal is also to stop the waste and focus on investments in key technologies and infrastructure to significantly increase global recycling. By 2030, we aim to have one million metric tons of plastic collected, reused, or recycled globally through direct actions and partnerships. The next goal is to close the plastics loop by enabling all Dow products sold in reusable or recyclable packaging applications by 2035. In Vietnam, our focus is to educate people to change behaviours and segregate waste at its source … [Read more...] about Dow Vietnam committed to Vietnam’s sustainability

Container scarcity, input material price rises, and travel restrictions are just some of the factors damaging supply chains, Photo: Le Toan Demonstrating the wide reach that geopolitical tensions and the drag from global supply chain disruptions are causing worldwide, lowered prospects for mergers and acquisitions (M&As) in Asia-Pacific are being projected for the rest of the year, after the number of such deals fell in the first several months of 2022. A total of 123 finance sector M&A deals were reported in the January-to-March quarter, compared with 165 in the same period of last year, S&P Global Market Intelligence data shows. The ongoing conflict in Ukraine, supply chain bottlenecks, and inflation concerns slowed down deal-making in the first quarter. “We expect to see deals start and stop as companies try to time when best to take the plunge,” said Sophie Mathur, partner and Asia head of corporate at law firm Linklaters. Despite the emerging opportunities, … [Read more...] about Reset required for supply chain woes