F12-068 - Nguyen Quang Huy.v.1.1.docx

Concurrently carry out measures to improve financial

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concurrently carry out measures to improve financial capabilities; focus on human resources, training activities, etc. For social welfare, in 2017, VietinBank spent VND 806 million for building more than 4,000 houses, 4 cultural centers, 73 bridges, roads, Tet gifts for poor families, 56 schools, 2 classrooms and donated 3,000 pairs of lifesavers for children in riverside areas (ANNUAL REPORT 2017, 2018). 1.4 - The current vision, mission, core values, goals, and objectives (SMART) of Vietinbank: According to VietinBank‘s website (Vietinbank.vn, n.d.), we can see that: Vision: Become a leading financial and banking group in Vietnam with the motto of being a modern multi-functional and effective organization.
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Mission: To be the top bank in the banking system of Vietnam that offers modern, convenient and international standard banking and financial products and services. Core values of VietinBank: Customer – Oriented; Towards Excellence; Dynamic, Creative, Professional & Modern; Integrity, Honesty, Transparency and Professional Ethics; Respect; Brand, Protection and Development; Sustainable Development and Social Responsibility Goal or Target: VietinBank focus on human resources to develop business in depth: business restructuring, selective growth, growth associates with efficiency. VietinBank will also strongly improve service quality, develop modern services and products, accelerate service income and non-interest income, and improve income structure. VietinBank has been implementing effectively restructuring project for the period 2016-2020, standardizing operations comprehensively, developing infrastructure, modernizing information technology, and enhancing risk and operational management capacity following international practices and standards, affirming the leading position in the market. Objectives: As a leading bank in Vietnam, VietinBank does not merely pursue its business and profit targets but also aims at a greater objective which is, together the Government, contributing to the socio-economic growth, social security environment improvement, and sustainable poverty reduction; and improve its financial capacity, human resource, technology, etc, to meet the goals of sustainable development of the bank as well as the society. In 2018, VietinBank will continue to be leading bank in carrying out its obligations to the community, implementing social security projects, reflecting the true expression of philosophy ―Improving the values of life . Along with that are measures to track progress as well as their goals in the market. The aims are always greater than before. And the last thing is to finish before the deadline. That why VietinBank‘s objectives are SMART.
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1.5 - The performance of VietinBank. According to (Investor.vietinbank.vn, 2018), in 2017, VietinBank continued to improve. Also the working condition, health and living standards of employees were improve. And the benefits of the shareholder were ensured.
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