80 billion vnd to usd

HDBank has achieved 105 per cent of the 2022 targets approved by shareholders. The bank hopes to maintain its high growth momentum with an average rate of more than 25 per cent in the next five years. — Photo courtesy of the bank The Ho Chi Minh City Development Joint Stock Commercial Bank has announced its results for 2022, which show it exceeded all its targets and achieved high growth. Its profit before tax was VND10.27 trillion (US$435.8 million), up 27.2 per cent from 2021 and 105 per cent of the target approved by sharehoders. Its net fee income grew dramatically, while its prudential and profitability ratios were among the best in the industry. The total operating income topped VND5.87 trillion ($249.1 million) for the fourth quarter and VND21.97 trillion ($933 million) for the entire year, a year-on-year increase of 26.8 per cent and 31.1 per cent. The net interest income grew by 29.7 per cent and the net fee income by 53.4 per cent. Operating expenses and credit … [Read more...] about HDBank profits top $436m in 2022, 105 per cent of target

The writing, titled “Vietnamese PM to visit S’pore as both countries eye green and digital economy deals,” cited Singapore’s Ministry of Foreign Affairs (MFA) as saying that the visit takes place as both countries celebrate 50 years of diplomatic relations in 2023. It also marks the 10th anniversary of a strategic partnership agreement signed in 2013, which had upgraded ties and opened new areas of cooperation. This is PM Pham Minh Chinh’s first official visit to Singapore since he took office in 2021. Both PMs will witness the signing of bilateral agreements that will further strengthen the multifaceted cooperation between Singapore and Vietnam, particularly in the digital and green economies, said the MFA. The trip comes on the back of high-level meetings between the two sides in 2022, such as the visits to Vietnam by President Halimah Yacob in October and Deputy PM Heng Swee Keat in September. The article noted Singapore and Vietnam have strong economic ties, with bilateral … [Read more...] about Singaporean daily spotlights Prime Minister Pham Minh Chinh’s official visit

The following is the full text of the interview. Reporter: This year marks the 50th anniversary of diplomatic relations and 10th anniversary of strategic partnership between Singapore and Vietnam. How do you evaluate the Singapore-Vietnam relations in the past half century, especially in the last decade? What should the two countries do to further our bilateral cooperation and to advance the development of each country? Vivian Balakrishnan: The ties between Singapore and Vietnam have grown from strength to strength since we established diplomatic relations 50 years ago. We are longstanding friends and close partners that enjoy wide-ranging cooperation in many areas, both bilaterally and at multilateral fora. I am heartened that the bilateral relationship has continued to expand and evolve to tackle new challenges over the past decade. Our linkages are particularly strong in trade and investment. The 12 Vietnam-Singapore Industrial Parks (VSIPs) across Northern, Central, … [Read more...] about Prime Minister Pham Minh Chinh’s visit to enhance Singapore-Vietnam relations: Singaporean Foreign Minister