The Asian Banker, a leading finance-banking magazine in Asia, has held an award ceremony to honor the top 500 strongest banks in then Asia Pacific region (AB 500 Rank 2017.
Chairman of the board of directors of
Vietcombank, Nghiem Xuan Thanh (C) receiving the award.
Photo: thesaigontimes.vn
The joint Stock Commercial Bank for Foreign Trade of Vietnam
(Vietcombank) is the only representative from Vietnam to attend the event and
to receive the award "Vietnam’s strongest bank by balance sheet.”
Notably, 2017 is the
second consecutive year Vietcombank receives this award.
The award ceremony is an
annual activity by The Asian Banker Magazine in order to evaluate the business
operations of commercial banks within the region.
The evaluation is based
on a very detailed and transparent scorecard that ranks commercial banks on six
areas of balance sheet financial performance, namely the ability to scale,
balance sheet growth, risk profile, profitability, asset quality, and
liquidity.
Source: PANO
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
