Vietcombank honored with Labor Order, first class

14:42 | 02/04/2018 Economy

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) organized a ceremony in Hanoi on March 31, to celebrate its 55th founding anniversary and receive the Labor Order, First class.

At the ceremony - Photo: VGP

In attendance at the ceremony were Politburo member and Deputy Prime Minister Vuong Dinh Hue; Politburo member and Secretary of the Hanoi Party Committee Hoang Trung Hai; and Vice President Dang Thi Ngoc Thinh.

Speaking at the ceremony, Governor of the State Bank of Vietnam, Le Minh Hung spoke highly of the achievements obtained by the bank over the past 55 years of establishment and development.

Vietcombank has affirmed its position as the leading bank in Vietnam with the highest profit scale and best operating quality, as well as having a pioneering role in the banking system of Vietnam, he added.

The total assets of Vietcombank reached more than VND1 quadrillion by the end of 2017, an increase of VND566.3 trillion, and more than double compared to the end of 2013, meeting the target of its development plan two years ahead of schedule.

In 2017, Vietcombank is among the six largest tax payers and is the largest corporate income taxpayer in Vietnam.

It aims to become the No.1 bank in Vietnam, one of the 100 largest banks in Asia, and one of the 300 largest financial banking corporations in the world, as well as being managed by the best international practices, by 2020.

Theo NDO