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BIDV
The Joint Stock Commercial Bank for Investment and Development of Vietnam ( vi, Ngân hàng Thương mại Cổ phần Đầu tư và Phát triển Việt Nam), commonly known as BIDV, is a Vietnamese state-owned bank in Vietnam. It is the country's biggest bank by assets ($72 billion USD) as of June 2021.https://www.bidv.com.vn/bidv/tin-tuc/thong-tin-bao-chi/6-thang-dau-nam-bidv-duy-tri-hoat-dong-on-dinh-an-toan According to the United Nations Development Programme report on the 100 largest enterprises in Vietnam, BIDV came in at the 4th position after Agribank, VNPT, and EVN. BIDV received Asia Risk Magazine's House of the Year Award for being at the forefront of the country's economic development by modernising its risk management and developing new financial products such as energy derivatives hedges. History BIDV was established on 26 April 1957 as the Bank for Construction of Vietnam (Ngân hàng Kiến thiết Việt Nam), under which name it operated until 24 June 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Vietnam
This is the list of banks in Vietnam, as of 2019. State-owned Banks Private Joint-Stock Commercial Banks * Orient Commercial Joint Stock Bank (OCB) * Asia Commercial Bank (ACB) * Tien Phong Commercial Joint Stock Bank (TP Bank) *Hanoi Building Joint-stock Commercial Bank *Maritime Commercial Joint Stock Bank (Maritime Bank) *Sai Gon Thuong Tin Commercial Joint-stock Bank (Sacombank) *Vietnam Prosperity Joint Stock Commercial Bank (VPBank) * Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) *Military Commercial Joint Stock Bank (MB Bank) *Bac A Commercial Joint Stock Bank (Bac A Bank) *Vietnam International Commercial Joint Stock Bank (VIB) *Southeast Asia Commercial Joint Stock Bank (SeABank) *Housing development Commercial Joint Stock Bank ( HDBank) *Southern Commercial Joint Stock Bank *Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) * Sai Gon Joint Stock Commercial Bank *Viet A Commercial Joint Stock Bank *Saigon-Hanoi Commercial Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank
In banking, the term national bank carries several meanings: * a bank owned by the state * an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) * in the United States, an ordinary private bank operating within a specific regulatory structure, which may or may not operate nationally, under the supervision of the Office of the Comptroller of the Currency. In the past, the term "national bank" has been used synonymously with "central bank", but it is no longer used in this sense today. Some central banks may have the words "National Bank" in their name; conversely if a bank is named in this way, it is not automatically considered a central bank. For example, National Bank of Canada of Montreal, Canada, is a privately owned commercial bank. On the other hand, National Bank of Ethiopia is the central bank of Ethiopia and National Bank of Cambodia is the central bank of Cambodia. By country Afghanistan Pashtany Bank is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset-based Lending
Asset-based lending is any kind of lending secured by an asset. This means, if the loan is not repaid, the asset is taken. In this sense, a mortgage is an example of an asset-based loan. More commonly however, the phrase is used to describe lending to business and large corporations using assets not normally used in other loans. Typically, the different types of asset-based loans include accounts receivable financing, inventory financing, equipment financing, or real estate financing Asset-based lending in this more specific sense is possible only in certain countries whose legal systems allow borrowers to pledge such assets to lenders as collateral for loans (through the creation of enforceable security interests). Usage Asset-based lending is usually done when the normal routes of raising funds is not possible, such as the capital markets (selling bonds to investors) and normal unsecured or mortgage secured bank. This is often because the company has exhausted other capital raisin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Vietnam
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank For Investment And Development Of Cambodia
The Bank for Investment and Development of Cambodia ( vi, Ngân Hàng Đầu Tư và Phát Triển Campuchia, km, ធនាគារវិនិយោគ និងអភិវឌ្ឍន៍កម្ពុជា ភីអិលស៊ី) is a bank in Cambodia. It is a subsidiary of the Bank for Investment and Development of Vietnam. The bank has branches in all major cities of Cambodia, as well as in Ha Noi Hanoi or Ha Noi ( or ; vi, Hà Nội ) is the capital and second-largest city of Vietnam. It covers an area of . It consists of 12 urban districts, one district-leveled town and 17 rural districts. Located within the Red River Delta, Hanoi is ... and Ho Chi Minh City. The predecessor of the bank was called the ''Prosperity Investment Bank'', which was founded in 2007. After restructuring, it was given the current name Bank for Investment and Development of Cambodia, or in short BIDC. BIDC is majority owned by the Bank for Investment and Development of Vietnam through ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vietnam Post And Telecommunication
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making it the world's sixteenth-most populous country. Vietnam borders China to the north, and Laos and Cambodia to the west. It shares Maritime boundary, maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City (commonly known as Saigon). Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. The Han dynasty annexed Northern and Central Vietnam under Vietnam under Chinese rule, Chinese rule from 111 BC, until the Ngô dynasty, first dynasty emerged in 939. Successive List of Vietnamese dynasties, monarchical dynas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vietnam Airlines
Vietnam Airlines ( vi, Hãng Hàng không Quốc gia Việt Nam, lit=Vietnam National Airlines) is the flag carrier of Vietnam. The airline was founded in 1956 and later established as a Government-owned corporation, state-owned enterprise in April 1989. Vietnam Airlines is headquartered in Long Biên District, Hanoi, with Airline hub, hubs at Noi Bai International Airport in Hanoi and Tan Son Nhat International Airport in Ho Chi Minh City. The airline flies to 64 destinations in 17 countries, excluding Codeshare agreement, codeshared services. From its inception until the early 1990s, Vietnam Airlines was a minor carrier within the aviation industry as it was hampered by a variety of factors including the socio-economic and political situation of the country. With the government's normalization of United States–Vietnam relations, relations with the United States, the airline was able to expand, improve its products and services, and modernize its ageing fleet. In 1996, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vietnam Electricity
Vietnam Electricity (full name: Vietnam Electricity Group, abbreviated name: EVN, vi, Tập đoàn Điện lực Việt Nam) is the largest power company in Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making i .... Vietnam Electricity (EVN) was established by the government of Vietnam as a state-owned company in 1994, and has operated officially as a one-member limited liability company since 2010. EVN runs its own large-scale hydropower and coal-fired power plants with a total installed capacity of 28,169 MW, which contribute up to 58% of the national power generation system, while controlling three power generation corporations (GENCOs 1,2,3), one power transmission corporation (National Power Transmission Corporation - EVNNPT), and five regional power distribution corporati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
VNPT
Vietnam Posts and Telecommunications Group (VNPT, ), is a telecommunications company, owned by the Vietnamese Government, and the national post office of Vietnam. According to a list of UNDP in 2007, it is the second-largest company in Vietnam. It owns Vinaphone, one of the three largest mobile network operators in Vietnam. The main business product and service portfolios of VNPT include Telecommunications services; Digital services for enterprise and consumer customers; Other products and services: ICT manufacturing products, consultancy, designing and construction services in ICT sector. Subsidiaries VNPT has a large number of subsidiaries, the most important of which are the following: * Regional Members * VNPT-Vinaphone * VNPT-Net * VNPT-Media * VNPT-IT * VNPT-Technology See also * List of Internet exchange points This is a list of Internet exchange points ( IXPs). There are several sources for IXP locations, including Packet Clearing House, who have maintained the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Development Programme
The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human development. Headquartered in New York City, it is the largest UN development aid agency, with offices in 170 countries. The UNDP emphasizes developing local capacity towards long-term self-sufficiency and prosperity. It administers projects to attract investment, technical training, and technological development, and provides experts to help build legal and political institutions and expand the private sector. The UNDP operates in 177 countries and is funded entirely by voluntary contributions from UN member states. Also, UNDP is governed by a 36-member executive board overseen by an administrator, who is third-highest ranking UN official after the Secretary-General and Deputy Secretary-General. Founding The UNDP was founded on 22 Nove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Reserves
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them actually leaving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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