F11-035 - Dao Thien Khoa.v.1.1.docx

There are 2 types of a companycorporation public

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company and its members. There are 2 types of a Company/Corporation: Public limited company and Private limited company. Public limited company is privately owned by a small group or several family members. They are not allowed to offer shares to the public and can operate with only one CEO. On the other hand, Public limited company is owned publicly by a large number of investors. And of course, the company can raise capital easily by selling its stock. The Public Sector is usually comprised of organizations that are owned and operated by the government and exist to provide services for its citizens. The Public Sector includes non- profit organizations that take benefit to the citizen, such as the army, police, education, traffic and so on. Private Sector includes organizations run by individuals or groups that seek to make a profit for the owner. Organizations are often not controlled and owned by the government, but sometimes they cooperate with the government to provide services or business to the community. Different from both types of public and private sectors, The Voluntary Sector is usually comprised of organizations whose purpose is to benefit and enrich society, often without profit as a motive and with little or no government intervention (PrivacySense.net, 2018). These include the Red Cross, the World Wildlife Fund, and so on. 1.3 Explain the activities of Vietinbank in the respects of legal structure and its activity type and purpose. Vietinbank is the public limited company. With over 30 years in the banking industry, Vietnam Bank has always followed the regulations and principles of the State Bank of Vietnam, operating in the fields of trade, financial investment and insurance, and also works in many different countries. In Vietnam, Vietinbank Vietinbank has three main activities: capital mobilization, credit and payment services and treasury. Capital mobilization: Similar to current banks, Vietinbank uses
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many legal activities to raise capital such as receiving deposits, issuing bonds. Banks maintains and develops mainly the capital mobilized from the economy Credit: Include loans with various maturities to meet the needs of production, service and investment plans. Vietinbank provides credit to the market in VND, foreign currencies and gold in accordance with the laws of Vietnam. Credit activities plays an important role in adjusting the relationship between supply and demand and capital flows. Payment and treasury operations: including opening accounts, making payments, transacting in Vietnam and abroad, trading in financial market, financial advisory , currency for customers in the form of direct and also insurance activities in the bank (Vietcombank, 2018) 1.4 Vision, mission, core values, goals, and objectives (SMART) of Vietinbank.
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