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
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
