Military bank honored with noble order

2019-11-04 11:55:00
The Military Commercial Joint Stock Bank (MB) held a ceremony on November 2 in Hanoi to mark its 25th founding anniversary (November 4, 1994 - 2019) and receive the First-class Fatherland Protection Order.

The ceremony witnessed the presence of Defense Minister General Ngo Xuan Lich, who was joined by many senior defense leaders, including former high-ranking officers of the Vietnam People’s Army and representatives of ministries, sectors and enterprises.

Defense Minister General Ngo Xuan Lich speaks at the ceremony.


Speaking at the ceremony, General Lich applauded the bank for its achievements over the past time and emphasized that its leadership should continue to improve its management and operations and become one of the top five best banks in Vietnam. In addition, the defense minister required the bank to give priority to supporting defense missions, to build strong Party organizations, and to prepare for the Party congresses at all levels.Since its establishment on November 4, 1994, the bank has gradually become a popular brand name with a firm position in the market place. Starting with only VND 32.7 billion in 1994, the bank now has assets of more than VND 397 trillion with the average annual growth rate of 46 percent. Currently, it has three transaction offices, six member companies, 300 domestic branches, two branches abroad in Laos and Cambodia and a representative office in Russia. The bank is one of the biggest taxpayers with dozens of trillions donated to the State Budget.

General Ngo Xuan Lich (3rd from left) presents the noble order to the bank

On behalf of the State President, General Lich presented the noble order to the bank

.

New points in Vietnam's visa policy for foreigners

Vietnam's new visa policies for foreigners are expected to be a "leverage" to attract a large number of international visitors for the tourism industry.
13:57:14 | 24/11/2023

State Bank of Viet Nam does not approve the opening and operation of App Umee by Kienlongbank

The Banking Supervision Agency under the State Bank of Viet Nam (SBV) responded to Ms. Tran Thi H.'s letter accusing Kien Long Bank and a number of organizations of showing signs of abusing trust and appropriating assets.
08:01:51 | 17/11/2023

Phu Quoc Island in Vietnam –the Rising Star of Luxury Travel

With heavenly beaches and resplendent resorts on a par with the Maldives, the island of Phu Quoc in Vietnam has fast become one of the most talked about destinations for global travelers searching for heaven on earth.
11:00:25 | 09/11/2023

Viet Nam, European Investment Bank sign MoU to support implementation of JETP

Viet Nam and the European Investment Bank signed a memorandum of understanding to support the implementation of the Just Energy Transition Partnership (JETP) in Viet Nam, signifying a mutual commitment to put in place a multi-projects credit facility worth €500 million.
07:39:28 | 26/10/2023

Gov't sets GDP growth target at 6-6.5% in 2024

The Government has set GDP growth target at 6-6.5 percent in 2024, Prime Minister Pham Minh Chinh told legislators on Monday.
12:50:03 | 24/10/2023

Amazon offers a range of new and improved tools and programs to empower local businesses across all stages of online exports

Sellers can now benefit from Amazon’s cost-effective, innovative, and advanced offerings to sell on Amazon, register accounts, create brand promotions, build branding, and optimize logistics.
17:01:22 | 23/10/2023