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

China continues East Sea aggression China continues East Sea aggression

China continued to maintain its illegal presence and aggression in Vietnamese waters yesterday as more condemnation of its actions came from US and Philippine officials.

Single father's formula for mother's milk 6    Single father's formula for mother's milk

The baby began to cry just as the taxi started moving.Trinh Tuan was at a loss. He had no previous experience of taking care of any baby, and here he was, alone with his 14-day-old baby daughter for the first time, going home from the Tu Du Hospital in HCM City.

BIDV funds $53 million road in Laos 1    BIDV funds $53 million road in Laos

The Bank for Investment and Development of Viet Nam (BIDV) will lend US$53.16 million to Laos to help the country build a road in its northern province of Houaphanh.

Delta faces major water crisis Delta faces major water crisis

More efforts must be made to efficiently manage and use scarce water resources of the Mekong River as climate change and rapid development to produce electricity have threatened its sustainability.

Three guys, one camera, an Irish goal Three guys, one camera, an Irish goal

It has been difficult getting back to normal life for Iain McNamara and his peers after their one-year trip through 22 countries.