Updated  
April, 24 2012 09:44:57

Investment bank gets award for long service

HA NOI — The Bank for Investment and Development of Viet Nam (BIDV) received on Sunday the State's first-class Independence Order for the second time on the occasion of its 55th anniversary.

It was also presented with the Lao Independence Order and the Royal Order of Cambodia at the ceremony for its contributions to boosting social welfare in the Indochina region.

Speaking at the ceremony, National Assembly Chairman Nguyen Sinh Hung said the Bank for Investment and Development of Viet Nam was a leader in helping Vietnamese enterprises boost investment promotion in other countries.

The bank has also helped encourage Vietnamese trade in Indochina and ASEAN countries, he said.

Besides, BIDV had been actively participating in community activities and social welfare, he said.

The commercial bank, which has been ranked as the best supporter of development in Viet Nam by the United Nations Development Programme, has connections with 1,551 financial institutions internationally and domestically.

BIDV, one of Viet Nam's four biggest commercial banks, yesterday officially became a joint stock business, with a charter capital of VND23 trillion (US$1.09 billion). — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

PM meets acclaimed local mathematician PM meets acclaimed local mathematician

Prime Minister Nguyen Tan Dung yesterday met Professor Ngo Bao Chau, the first Vietnamese to win the Fields Medal, the highest professional honour a mathematician can attain, and the Education Dialogue Group.

Scholars discuss East Sea dispute at int'l conference Scholars discuss East Sea dispute at int'l conference

The East Sea dispute will continue in the near future and urgent solutions should be found to manage the conflict and resolve it without force or the threat to use force and protect the rights of fishermen in traditional fishing grounds, an international conference that opened in HCM City yesterday agreed.

Police look into scam claims at pagoda Police look into scam claims at pagoda

Police are investigating rumors that a pagoda in Long Bien District is selling children for adoption.

A Vietnamese and a Chinese arrested for ivory smuggling A Vietnamese and a Chinese arrested for ivory smuggling

Customs officials have arrested a Chinese woman and a Vietnamese man at Suvarnabhumi Airport after they allegedly tried to smuggle out elephant tusks and ivory products worth about BAT9 million.

Places for a vacation: Son Doong Cave Places for a vacation: Son Doong Cave

Son Doong Cave in Viet Nam's Quang Binh Province has been suggested by the American news website huffingtonpost.com as one of the places to visit in 20 years.