The annual general meeting 2019 of privately-held Vietnam International Bank (VIB) on March 28 approved dividend payout plans of up to 26.5 per cent, including 5.5 per cent in cash, 18 per cent in bonus shares and 3 per cent in treasury shares. This is the first time VIB has held its AGM in Ho Chi Minh City Also, the meeting (AGM) passed all reports and proposals of the Board of Directors (BOD), the Supervisory Board (BOS), as well as approved the members of BOD and BOS in the new management term. According to the AGM prospectus, VIB’s performance in 2018 was the most upbeat in the last five years with exceeding revenue and profit targets. In particular, its pretax profit reached VND2.743 trillion ($119 million), doubling year-on-year and equal 137 per cent of the target; total assets reached nearly VND140 trillion ($6.08 billion); lending growth reached 17 per cent and non-performing loan was kept at 2.2 per cent. According to the AGM prospectus, VIB’s … [Read more...] about AGM 2019: VIB pays cash dividend in four consecutive years
Citi double cash card signup bonus
Eyeing history: Mohamed Salah celebrates as Liverpool beat Newcastle 4-0 to open up a six-point Premier League lead. (Photo: AFP/Paul Ellis) For a long time a new year visit to Manchester City on Jan 3 had the makings of a title decider, but Liverpool now have margin for error with a six-point lead at the top of the table. Tottenham are Liverpool's closest challengers with City slipping down to third and seven points adrift after three defeats in their last four league games. That is more than the six points Liverpool have dropped all season so far as Jurgen Klopp's men remain unbeaten. "What we said as well is that we want to create our own history. We are the first Liverpool team in the Premier League to be unbeaten in 19 matches - a little history and a nice step," said Klopp after a 4-0 thrashing of Newcastle on Boxing Day. Much more significant history awaits, particularly if Liverpool are still unbeaten come the end of a frantic festive period. "We have to win our games, we … [Read more...] about Arsenal, Man City double header tests Liverpool”s new tag as title favourites
Citi now offers its corporate clients the innovative commercial cards in Vietnam, including Business-to-Business (B2B) solutions and Virtual Card Accounts (VCA) for payables, as well as travel solutions such as corporate cards for travel and entertainment purposes. These solutions are testimony to commitment that Citi has made in providing greater efficiency, control and transparency to help corporate clients more effectively manage their payment and expense management processes in a seamless, streamlined and accountable manner. Commenting on the launch, Citi country officer for Vietnam Natasha Ansell said, “We are delighted to add on to our comprehensive and market-leading suite of institutional banking products for our global multinational and local corporate clients in Vietnam. This launch is a further demonstration of our commitment to the country and the development of its economy, local enterprises, banking and financial industry, and its people.” Jared … [Read more...] about Citi offers virtual card accounts
VietNamNet Bridge – A video clip featuring a teacher in a secondary school in HCM City giving cash rewards to students has gone viral. Illustrative image. – File photo Du Thi Lan Huong, a guest teacher of Chu Van An Secondary School, appeared with some bundles of cash, awarding the money to a long line of students who gained scores of 6.5 points or more in their exams. The students looked joyful and excited. According to Huong’s rule, students would show their test papers as proof, and receive VND20,000 ($0.8) for each. This is not the first time the teacher has given such bonuses to her students. Previously, she offered VND2,000-3,000 ($0.08-0.13) for those who scored at least 8 points in their exams. The amount of money is small and was used as a way of praising students and encouraging them to study harder in upcoming tests. The clip has received thousands of shares and comments from the public, mostly showing their interest and … [Read more...] about Cash rewards for studying?
Local businesses are preparing for Valentine's Day, a popular time of the year for expressions of love and devotion. The gift shops are filled with cards, balloons, chocolates, teddy bears and souvenirs. Famous gift shops in HCM City such as Hana and Chip Chip are offering new kinds of souvenirs for couples like colour-changing cups with handwriting from lovers and wool carpets built with LED lights. The D'Art Chocolate is offering dozens of different kinds of chocolate designs with love themes, including sweet love, cupid and teddy bears. Most supermarkets and trade centres in HCM City have launched discounts and bonus gift programmes. At Zen Plaza, the special promotion "Gift of Love" will be organised from February 10-14 to satisfy demand. Fashion items such as clothes, cosmetics and jewelry are being offered at discounts. Gift vouchers and food coupons will be presented to customers. "We want to bring happy greetings to early birds and people on this festive season," … [Read more...] about Ho Chi Minh City cashes in on love