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VPBank 2023: Navigating Challenges and Achieving Growth Amidst Market Pressures

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In 2023, VPBank demonstrated resilience and financial growth despite a challenging market environment. The bank achieved a significant increase in its semi-annual profit, up by 19% from the previous year, reaching approximately 637.5 billion VND (converted from CHF 25.5 million). This growth is notable, especially considering the increase was 35% higher than in the second half of 2022. VPBank's operating income also saw a significant rise, increasing by 17% to approximately 4,707.5 billion VND (converted from CHF 188.3 million). The positive market environment in the first half of the year contributed to a 2% increase in client assets under management, reaching CHF 47.2 billion. However, the bank experienced some challenges, including forced outflows due to adjustments in client portfolios, particularly noting a new money outflow of CHF 0.3 billion from clients connected to Russia. Despite these challenges, net new money inflow was positive, at CHF 0.1 billion. Operational expenses

Transfer Ho Chi Minh To Dong Thap by Private Car: The Ultimate Travel Experience

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Introduction Traveling from the bustling streets of Ho Chi Minh City to the serene province of Dong Thap is an experience filled with diverse landscapes and cultural richness. Choosing the right mode of transportation is crucial for a comfortable journey, and one of the best ways to make this trip is by private car. This guide offers an in-depth look at why transferring from Ho Chi Minh to Dong Thap by private car is not just a journey, but an experience in itself. Understanding the Distance and Travel Time The journey covers approximately 155 kilometers, typically taking around three to four hours, depending on traffic and road conditions. This route offers a scenic drive through the heart of Vietnam's lush countryside, making the journey as enjoyable as the destination itself. The Perks of Choosing a Private Car Transfer Opting for a private car transfer ensures comfort, flexibility, and a personalized travel experience. Unlike public transportation, a private car offers a stress

Bad bank debts are being exposed one by one.

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For the third quarter of 2023, certain commercial banks reported low bad debt ratios in their financial reports. Meanwhile, State Bank of Vietnam (SBV) statistics shows that the overall bad debt ratio is rising dramatically. Bad debt reduction efforts, according to these critics, are and will continue to encounter formidable obstacles so long as enterprises must contend with an unfriendly business climate and numerous dangers stemming from global geopolitical upheavals. Since many companies have been given extensions and have not yet changed debt groups in accordance with Circular 02/2023/TT-NHNN Illustration photo: Tien Giang, it is possible that the bad debt ratio of banks is much greater than the reported amount. Since many companies have been given extensions and have not yet changed debt groups in accordance with Circular 02/2023/TT-NHNN Illustration photo: Tien Giang, it is possible that the bad debt ratio of banks is much greater than the reported amount. Bac Profit after tax fo

Asus has released a pair of gaming-oriented smartphones, the ROG Phone 7.

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Asus's latest gaming phones, the ROG Phone 7 and ROG Phone 7 Ultimate, were unveiled during an event held at Ho Xuan Huong Stadium in District 3, Ho Chi Minh City. Genshin Impact is the championship match for the ROG Phone 7 - Vietnam Championship 2023, which is being held concurrently. Consequently, the Snapdragon 8 Gen 2 mobile processor, which is 15% quicker and 15% more energy efficient than the previous generation, is built inside the Asus ROG Phone 7 line of gaming phones. It also sports the latest UFS 4.0 standard internal memory (up to 512GB) and up to 16GB of LPDDR5X RAM (operating at 8533 Mbps). The WiFi 7 (802.11be) standard is also supported by the ROG Phone 7, along with channel widths of up to 320MHz and Multi-Link Operation. The ROG Phone 7 series, powered by Qualcomm technology, features native hardware support for Ray Tracing. Armory Crate's performance manager amplifies all this capability, offering players unparalleled say over optimization. The 6.78-inch, 16

Top 10 best-selling smartphones in the first half of 2023: Apple and Samsung have no competitors

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 In the first half of 2023, every single spot on the list of the 10 best-selling smartphones is taken up by either Apple or Samsung. While Apple retains the first four slots, Samsung dominates the next six positions and has them all to itself. According to a report that was just recently issued by a company that specializes in market research and analysis named Counterpoint Research (Hong Kong), Apple and Samsung have filled all 10 spots on the list of smartphone models that had the best sales in the first six months of 2023. Apple products, including the iPhone 14, the iPhone 14 Pro Max, the iPhone 14 Pro, and the iPhone 13, have taken the top four spots on this list. Notably, there are four different smartphone models, according to a report that is very similar to the one that was done by Counterpoint Research. The item will be the best seller during the first three months of the first quarter of 2023. Therefore, with the exception of the iPhone 14 Plus, all three of the other variet

Risks and side effects when drinking green tea you need to know

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 Many people believe that green tea prevents aging. It does, however, have certain negative effects, so some users should exercise caution. Green tea is probably safe for the majority of people to consume in modest amounts (approximately 8 cups per day), according to Webmd. When used as a temporary mouthwash or for a period of up to two years, green tea extract is POSSIBLY SAFE. It would not be advisable to consume more than 8 cups of green tea per day. Due to the caffeine concentration, taking big amounts may have adverse effects. Headaches and irregular heartbeats are only two of the adverse effects, which can range in severity from mild to severe. Additionally, green tea extract contains a substance that, in excessive concentrations, might harm the liver. Similarly, green tea is regarded as one of the healthiest and safest beverages to take, according to Dr. Herbalist Phung Tuan Giang, Chairman of the Vietnam Traditional Medicine and Pharmacy Research and Development Institute. When

A large bank lowered the price of the debt of more than 500 billion VND of a former construction giant

 Descon's debt of more over 500 billion VND is still being advertised for sale by VietinBank. Compared to the prior listing, the selling price has been decreased by 62 billion VND. VietinBank has now listed information for sale four times. Industrial Construction Joint Stock Company (Descon), which has a location in District 1 of Ho Chi Minh City, is the debtor. As of September 13, the temporary debt balance was greater than 561 billion VND. The remaining balance is made up of current interest and accrued past-due interest, with the principal balance exceeding 327 billion VND. Credit agreements that were made between Descon and the VietinBank North Saigon branch between 2016 and 2018 are what made up the company's debt. 20 land use rights in Nhon Trach (Dong Nai), as well as other property rights, land use rights, and property rights resulting from building contracts, serve as collateral for the loan. The debt's beginning bid in this auction is just 265 billion dong, which