F11-075 - Nguyen Thi Phuong Thanh.v.1.1.docx

In 2020 the percentage of growth in this bank will

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In 2020, the percentage of growth in this bank will increase approximately 20% and this objective is set by smart criteria. Looking at the results of revenue, the profit of the previous years, in 2018, can confirm that this is a specific target and is likely to achieve by 2020 or more than the percent prescribed of Vietinbank. This goal is not just a plan, it's also bound by time, specifically by the year 2020. 1.5 Critically analyze the performance of Vietinbank. With this strong development, by the end of 2017, Vietinbank has total assets of 64 trillion, of which the state owns 64.46%, the second is the Japanese bank The Bank of Tokyo- Mitsubishi UFJ with 19.73% .IFC Capitalization is currently the third largest shareholder with 5.39% (Vietinbank, 2018). In terms of economy and services, payment services have been strongly developed. In addition, Trade Finance / International Payments and Investment Banking activities have been strongly developed, upgraded and upgraded to provide technical services for professional services. On the basis of that, it increased fee income by 22% compared to 2016. In 2018, Vietinbank will focus resources to promote intensive business growth and continue to shift its business structure towards selective and efficient growth. On the target from 2016 to 2020, Vietinbank are still always try to become the No.1 bank in Vietnam including the improvement of risk management capacity, infrastructure development and the modernization of information technology according to international standards and practices. 2.1 Size and Scope of Different Types of Organisations
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2.2 Choose an international bank in Vietnam and describe the differences and similarities between that firm and Vietinbank, including goals and objectives, size, growth, products offered and sustainability approach, among others HSBC is one of the world's largest bank and is currently one of the oldest foreign banks in Vietnam with 100% per cent owned by The Hong Kong and Shanghai Banking Corporation Limited (HSBC, 2018). Unlike Vietinbank and other banks, HSBC is private limited companies with 150 years of experience in Vietnam market. Besides, like Vietinbank and other banks, HSBC makes a profit in business. Therefore, HSBC's first goal as well as the most important is growth and that is reflected in their slogan: 'Our goal is growth' (HSBC, 2018), followed by connecting customers with opportunities, understanding their customers and taking responsibility for the service that they provide. Because Vietinbank's economic conditions are not strong enough, they cannot help strengthen the business community and support local investment, but that is one of the goals of HSBC. According to HSBC Holding plc online, in June,2018, HSBC Group Chief Executive John Flint outlined plans to refocus on growth. They aim to increase customer numbers, take market share, and grow revenue and profits on a consistent basis. In general, between Vietinbank and HSBC have the same objectives namely growth, people and communities. HSBC s network covers 67 countries and territories in
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