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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

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

Product quarantine Nguyen Thi Thu Huong, Deputy Director of the Ministry of Agriculture and Rural Development’s (MARD) Plant Protection Department said China’s General Administration of Customs (GACC) had approved imports of Vietnamese passion fruit through seven border crossings in China’s Guangxi Province, including Huu Nghi Quan, Po Chai, Pingxiang Railway Station, Pingxiang, Dongxing, Long Bang, and Shuikou. A series of activities have been planned to promote the speedy export of passion fruit to China The two sides will assess the results of the pilot project and decide whether to sign an official protocol on plant quarantine for Vietnamese passion fruit imported into China, contributing to the development of trade between the two countries. About 6,000 hectares of passion fruit are being grown in Vietnam’s 46 cities and provinces, providing an annual output of more than 111,000 tonnes, with an average yield of 22.67 tonnes per hectare. The cultivation area … [Read more...] about Vietnam pilots passion fruit exports to China