Most successful non profit organizations

The benchmark VN-Index on the Ho Chi Minh Stock Exchange on Friday dropped 0.15 per cent to retreat from its four-day rally of total 4.8 per cent, ending last week at 950.89 points – a weekly increase of 4.64 per cent.— VNA/VNS Photo HÀ NỘI – After performing quite well in the first trading week after returning from a week-long Tết (Lunar New Year) holiday, market volatility is in focus this week with strong profit-taking possible following the rallies of local stocks. … [Read more...] about Vietnam stocks to progress amid profit-earning pressure

Hanoi (VNA) - The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) earned pre-tax profit of over 12.83 trillion VND (554.7 million USD) and revenue of 21.1 trillion VND (910.38 million USD), marking increases of 31.5 percent and 24.7 percent year on year, respectively. In its latest report, Techcombank said net interest income reached 14.3 trillion VND, up 25.2 percent year on year. Meanwhile, non-interest income rose by 23.4 percent to 6.8 trillion VND, accounting for 32.3 percent of total revenues. The report showed that the provision expenses decreased by 50.3 percent supported by healthy asset quality and prudent risk management. Cost-to-income ratio of 34.7 percent was within the bank’s initial target. Return on assets of 2.9 percent was the best in the market and is consistent with Techcombank’s low risk, high return strategy. Total assets increased 19.5 percent compared with the same period last year, reaching 383.7 trillion VND (16.6 … [Read more...] about Techcombank reports pre-tax profit of over 554 million USD

Standing Deputy Minister of Foreign Affairs Bui Thanh Son is assigned as head of the organizing committee. Standing Deputy Minister of Foreign Affairs Bui Thanh Son is assigned as head of the organizing committee. Meanwhile, Vice Chairman of the Government Office Nguyen Xuan Thanh and Assistant to the Minister of Foreign Affairs Nguyen Van Thao will serve as its deputy heads. … [Read more...] about Organizing committee for World Economic Forum on ASEAN set up

In 2019, Techcombank added 1.1 million net new customers to bring the total customers served by the bank to 7.3 million. Customers using e-banking services increased from 56 per cent to 76 per cent year on year. Transaction volume and value through Techcombank’s mobile channels increased to 172 million, up 217 per cent compared with the same period last year and VND2.582 trillion (up 244 per cent year on year), respectively, thanks to the ongoing convenience and preference for the bank’s digital solutions. — VNS … [Read more...] about Techcombank makes pre-tax profit of VND12.8 trillion

In 2019, Techcombank added 1.1 million net new customers to bring the total customers served by the bank to 7.3 million. Customers using e-banking services increased from 56 per cent to 76 per cent year on year. Transaction volume and value through Techcombank’s mobile channels increased to 172 million, up 217 per cent compared with the same period last year and VNĐ2.582 trillion (up 244 per cent year on year), respectively, thanks to the ongoing convenience and preference for the bank’s digital solutions. — VNS … [Read more...] about Techcombank makes pre-tax profit of VNĐ12.8 trillion