National bank capital city branch

According to the Military Commercial Joint Stock Bank (MBBank), the bank was on course to exceed its profit target. Domestic banks are in a position to complete their 2019 profit targets if they finish the year on a high. Thanks to high profits in the first three quarters of the year, many banks are close to reaching their yearly targets, while others are positive that the busy fourth quarter will be enough to get them over the finish line. According to the Military Commercial Joint Stock Bank (MBBank), the bank was on course to exceed its profit target. MBBank closed the first ten months of 2019 with pre-tax profit of more than VND8 trillion (US$347.82 million), completing 96 per cent of its annual target approved by shareholders in April. The Commercial Joint Stock Bank for Industry and Trade of Vietnam (VietinBank) is also confident of completing its profit goal of VND20 trillion. After recording its highest profit ever in the first three quarters of 2019 thanks to growing revenue … [Read more...] about Banks confident of meeting 2019 profit targets

The upcoming National Reunification Day - May Day holiday (April 30-May 1) this year falls right after the weekend, so most people will have four whole days off work, prompting many families to either go back to their hometowns for a family reunion or travel to kick off the summer. Out of seats Having expected the rocketing demand for travel in the long holiday, transport providers tried to expand their services to prepare, but the situation is close to breaking point. Saigon Station Director Do Quang Van told the Thanh Nien (Young People) newspaper on April 26 that the station increased the number of trains by 30 percent, or 13,000 seats to the same period last year. However, trains running from HCM City to tourist destinations like Phan Thiet, Nha Trang or Quy Nhon on April 27 and 28 had only few dozens seats left as of April 26. Hanoi Station was in no better condition. A quick check on the online ticket selling site of the Vietnam Railways showed that four out of five trains … [Read more...] about National transport strains under holiday rush

Chairman of the VGFA Nguyen Chi Dung and German Ambassador to Vietnam Christian Berger (centre, from right) take a photo with musical performers at the gathering (Photo: dangcongsan.vn) Hanoi (VNA) – The Vietnam – Germany Friendship Association (VGFA) held a get-together in Hanoi on October 11 to mark the 28th anniversary of German National Day (October 3). Speaking at the event, Minister of Planning and Investment and Chairman of the VGFA Nguyen Chi Dung said it is an annual activity to allow members to meet and seek partnerships. Dung noted today’s fruitful Vietnam – Germany ties are based on the firm foundation of traditional and multifaceted relations. He pointed to a key connection between the two nations, namely the more than 100,000 German-speaking Vietnamese in Vietnam and nearly 130,000 Vietnamese living in Germany. The official said the VGFA has worked to improve its performance to diversify people-to-people activities and pledged to … [Read more...] about Gathering celebrates German National Day in Hanoi

Vietnam’s High Command of Navy has held a ceremony to celebrate the recognition of HQ 671 military transport vessel as a national treasure in the northern port city of Hai Phong. The vessel contributed to the Ho Chi Minh Sea Trail, across which many ships transported food, weapons and medicines to supply the southern front during the resistance war against the US, as well as fights protecting Vietnam’s sovereignty over the Spratly Islands. It is currently preserved at the Naval Museum in Hai Phong city. Particularly, naval soldiers of HQ 671 vessel organised 20 voyages, transporting nearly 400 tonnes of weapons and goods to the harbours of many southern provinces including Quang Ngai, Phu Yen, Ba Ria-Vung Tau, Bac Lieu and Ca Mau, in addition to transporting revolutionary cadres to the southern battlefields. In the Tet Offensive of 1975, HQ 671 transported weapons and soldiers to fight on the Spratly Islands. The vessel has been conferred with the title of Heroic … [Read more...] about HQ 671 vessel recognised as national treasure

The second puppetry festival will take place on HCM City’s Nguyen Hue Pedestrian Street on December 28-29, with the aim of creating a cultural exchange site for local residents on the occasion of the New Year and honouring  traditional Vietnamese puppertry art. Artists at a meeting introducing the Vietnam Puppetry Festival to be held on December 28-29 in HCM City. — VNS Photo Thu Ngan The festival, organised following the success of the first festival last year, is expected to attract tens of thousands of people living in HCM City and neighbouring provinces. Themed Green Dream, it will gather artists from puppetry theatres from all over the country who will perform shows on two nights. A variety of activities are expected to bring the art of puppetry closer to the general public and foreign tourists, contributing to preserving and promoting the cultural value of the unique traditional art form. The spotlight of the event will be a march at nights. Joining the … [Read more...] about Vietnam Puppetry Festival to open in HCM City