Banking shares

Clients at an SHB branch. The bank was given the nod on capital expansion. — Photo courtesy of SHB The State Bank of Vietnam (SBV) has given the Saigon Hanoi Commercial JS Bank (SHB) the go-ahead to raise its charter capital to VNĐ26,674 billion (US$1.1 billion). The rise is the first part of SHB's plan to reach VNĐ36,459 billion in capital in 2022 to position itself among the three private commercial banks with the largest charter capital. SHB said it had submitted the plan, passed by its shareholder general meeting, to SBV for approval. Under the plan, SHB was also set to pay a dividend yield of 15 per cent to its existing shareholders for the financial year 2021 and offer a total of 45.12 million new shares for VNĐ12,500 apiece to its employees and the shareholders. By late June, SHB had VNĐ522 trillion in total assets, VNĐ471 trillion in total deposits and VNĐ390 trillion in total credit. It made a six-month before-tax profit of VNĐ5.9 trillion, up 84 per cent … [Read more...] about SHB gets approval to raise capital

Shinhan Life Vietnam provided this support for 10 pediatric patients being treated at the Clinical Hematology Department, Ho Chi Minh City Children’s Hospital in Binh Chanh District. The financial contribution follows the company’s first donation of VND100 million granted this April to the hospital, to join hands with families to light up hope for a bright future for unfortunate children suffering from blood cancer. Shinhan Life Vietnam hands out VND200 million for 10 pediatric patients At the event, Shinhan Life Vietnam also handed out more than 100 gifts to the medical staff and pediatric patients at the Department of Clinical Hematology in celebration of the upcoming Mid-Autumn Festival. Mr. Lee Euichul, General Director of Shinhan Life Vietnam, stated, "With the slogan "Bring wonders to life", activities to enhance social responsibility and community sharing is always one of Shinhan Life's top priorities. We will always strive for a peaceful Vietnam, with the … [Read more...] about Shinhan Life Vietnam continues to support children with blood cancer

Wild orchid plants are transplanted on a tree in the courtyard of Dak Lak Provincial Museum. (Photo: SGGP) The Vietnam Association for the Conservation of Wild Orchids, the Institute of Biotechnology and Environment under Tay Nguyen University, Orchid Lovers 47, Dak Lak Urban and Environment Joint Stock Company, and Dak Lak Orchid Association, in collaboration with Dak Lak Provincial Museum, organized the program ‘Bringing wild orchids back to nature’ on August 14. Accordingly, tens of thousands of wild orchids have been sent there by orchid lovers across the country to be grafted onto the trees in the courtyard of Dak Lak Provincial Museum and Bao Dai Summer Palace. Thousands of wild orchid plants are sent to Dak Lak Province by wild orchid lovers across the country. (Photo: SGGP) The courtyard of Dak Lak Provincial Museum and Bao Dai Summer Palace has an area of more than 6 hectares, considered a biodiversity area in the center of Buon Ma Thuot City with many rare … [Read more...] about Thousands of wild orchid plants brought back to nature

Budget eateries offering each meal at a mere VND1,000 (US$0.04), VND5,000 ($21), or for free in Ho Chi Minh City are warming the hearts of low-income workers and disadvantaged people amid surging goods prices. Situated at 317 Trung My Tay 13 Street in District 12, Ho Chi Minh City, the eatery run by Tran Thi Dung and her husband serves offal porridge for disabled and elderly people and lottery ticket vendors. Tran Thi Dung recounted that three years ago, her husband was severely injured in a traffic accident so she took him to their hometown for care and treatment. When he was in good health again, they returned to the city to do business. The couple decided to open a low-cost eatery as a way to lend a helping hand to the underprivileged. “We charge no money to customers who are disabled and sell lottery tickets, but some still pay VND5,000 for their meal as they don’t want to be indebted to anyone. “Receiving their thanks for our acts makes me happy and indefatigable.” … [Read more...] about Low-cost meals for the underprivileged in Ho Chi Minh City

The signing of this cooperation agreement is the first and largest cooperation ever in Cambodia in terms of business but also promotes the development of eSports in Cambodia and gradually professionalizing the eSports industry in Cambodia. ESport, which has become popular globally, has been a sports at the Southeast Asian Games recently. However, it is still new in Cambodia. Professional tournaments have gradually appeared and created a certain resonance, with a large number of existing players, accounting for more than 80 percent of GenZ. International Olympic Committee 2017 also acknowledged the presence of eSports and concluded that video games can be considered as sports activities when players are trained and prepared with as much intensity as traditional athletes. Meanwhile, Metfone has millions of players. Mobile Legends: Bang Bang, which accounts for a 90% market share in Cambodia, with hundreds of thousands of daily players on the Metfone network. Metfone is also … [Read more...] about Vietnamese firm reaches first partnership deal to develop eSports in Cambodia