Sustainable Development with VietinBank – A Comprehensive Banking Ecosystem
Sustainable Development with VietinBank – A Comprehensive Banking Ecosystem
The seminar kicked off with a short film featuring the message “VietinBank - Enduring partner for growth” underscoring the bank’s dedication to supporting and advancing alongside the business community. This seminar is part of a regular series hosted by VietinBank, designed to create a platform for market analysis, forecasts, and business matching to enhance corporate operations.
The event offered valuable insights and practical advice to assist FDI enterprises in making informed decisions and navigating current market challenges and opportunities.
At the seminar, FDI enterprises showed strong interest in the multifaceted changes and emerging trends that present both challenges and opportunities, such as: (i) Macro-economic fluctuations; (ii) The impact of and policies by the Vietnamese government regarding global minimum tax; (iii) The green transition and the integration of ESG criteria into business operations.
Mr. Đỗ Thanh Sơn, Deputy General Director in charge of the Executive Board at VietinBank, reaffirmed the bank’s commitment to a “Customer-Centric” approach.
As a national banking pillar with a comprehensive service ecosystem, VietinBank acts as a bridge between the FDI business community and various stakeholders.
During the seminar, Dr. Võ Trí Thành, Director of the Institute for Brand and Competition Strategy, provided an analysis of the Vietnamese economic landscape for 2023 and the first half of 2024. Dr. Thành noted improvements in financial and monetary conditions, macroeconomic stability, and effective control of inflation and exchange rates, along with strong market liquidity. Additionally, the State Bank of Vietnam and the banking sector have persistently lowered interest rates, facilitating easier access to credit for businesses. The government and relevant ministries have also introduced various measures to tackle challenges in the corporate bond and real estate markets. These factors collectively contribute to a positive outlook for Vietnam's economic growth in 2024.
A key highlight of the event was the introduction of the draft Decree on the Investment Support Fund by representatives from the Ministry of Planning and Investment. Mr. Đỗ Văn Sử, Deputy Director of the Foreign Investment Agency, updated attendees on investment incentives and provided an overview of the draft decree. This segment provided agencies, departments, and experts with an opportunity to hear feedback and address concerns from FDI enterprises.
Mr. Nguyen Dinh Vinh - Deputy General Director made opening remarks at the seminar
On the topic of Global Minimum Tax (GMT), Mr. Hoàng Thùy Dương, Partner - Head of Tax at KPMG Vietnam, shared insights and solutions from different countries. Meanwhile, Associate Professor Dr. Nguyễn Đình Thọ, Director of the Institute of Resource and Environmental Policy, addressed the theme “ESG - The Passport for Enterprises.” Dr. Thọ highlighted Vietnam’s dedication to green transition and sustainable growth, with a specific focus on achieving net-zero emissions by 2050. To accomplish this, Vietnam has developed a comprehensive action plan through 2035, which includes objectives for renewable energy, emission reductions, and advancing a circular economy.
Experts shared useful knowledge at the Seminar
Reiterating the “Customer-Centric” philosophy, Mr. Đỗ Thanh Sơn emphasized that VietinBank remains a steadfast partner for the FDI community. To fulfill this commitment, VietinBank has adopted “empathy” as a core value. Alongside its mission to provide one-stop solutions and exceptional added value, VietinBank actively engages with government agencies, partners, and stakeholders to develop meaningful programs and events for the FDI community in Vietnam, both currently and in the years ahead.
More than 200 delegates from multinational corporations and experts participated the seminar
For a full range of services and experiences, please contact the FDI Corporate Banking & International Fund Center at VietinBank or any VietinBank’s branch nationwide, according to your segment or language preference:
- Global Desk: globaldesk@vietinbank.vn
- Japan Desk: japandesk@vietinbank.vn
- Korea Desk: koreadesk@vietinbank.vn
- Chinese Desk: chinesedesk@vietinbank.vn
- Taiwan Desk: taiwandesk@vietinbank.vn
The seminar kicked off with a short film featuring the message “VietinBank - Enduring partner for growth” underscoring the bank’s dedication to supporting and advancing alongside the business community. This seminar is part of a regular series hosted by VietinBank, designed to create a platform for market analysis, forecasts, and business matching to enhance corporate operations.
The event offered valuable insights and practical advice to assist FDI enterprises in making informed decisions and navigating current market challenges and opportunities.
At the seminar, FDI enterprises showed strong interest in the multifaceted changes and emerging trends that present both challenges and opportunities, such as: (i) Macro-economic fluctuations; (ii) The impact of and policies by the Vietnamese government regarding global minimum tax; (iii) The green transition and the integration of ESG criteria into business operations.
Mr. Đỗ Thanh Sơn, Deputy General Director in charge of the Executive Board at VietinBank, reaffirmed the bank’s commitment to a “Customer-Centric” approach.
As a national banking pillar with a comprehensive service ecosystem, VietinBank acts as a bridge between the FDI business community and various stakeholders.
During the seminar, Dr. Võ Trí Thành, Director of the Institute for Brand and Competition Strategy, provided an analysis of the Vietnamese economic landscape for 2023 and the first half of 2024. Dr. Thành noted improvements in financial and monetary conditions, macroeconomic stability, and effective control of inflation and exchange rates, along with strong market liquidity. Additionally, the State Bank of Vietnam and the banking sector have persistently lowered interest rates, facilitating easier access to credit for businesses. The government and relevant ministries have also introduced various measures to tackle challenges in the corporate bond and real estate markets. These factors collectively contribute to a positive outlook for Vietnam's economic growth in 2024.
A key highlight of the event was the introduction of the draft Decree on the Investment Support Fund by representatives from the Ministry of Planning and Investment. Mr. Đỗ Văn Sử, Deputy Director of the Foreign Investment Agency, updated attendees on investment incentives and provided an overview of the draft decree. This segment provided agencies, departments, and experts with an opportunity to hear feedback and address concerns from FDI enterprises.
Mr. Nguyen Dinh Vinh - Deputy General Director made opening remarks at the seminar
On the topic of Global Minimum Tax (GMT), Mr. Hoàng Thùy Dương, Partner - Head of Tax at KPMG Vietnam, shared insights and solutions from different countries. Meanwhile, Associate Professor Dr. Nguyễn Đình Thọ, Director of the Institute of Resource and Environmental Policy, addressed the theme “ESG - The Passport for Enterprises.” Dr. Thọ highlighted Vietnam’s dedication to green transition and sustainable growth, with a specific focus on achieving net-zero emissions by 2050. To accomplish this, Vietnam has developed a comprehensive action plan through 2035, which includes objectives for renewable energy, emission reductions, and advancing a circular economy.
Experts shared useful knowledge at the Seminar
Reiterating the “Customer-Centric” philosophy, Mr. Đỗ Thanh Sơn emphasized that VietinBank remains a steadfast partner for the FDI community. To fulfill this commitment, VietinBank has adopted “empathy” as a core value. Alongside its mission to provide one-stop solutions and exceptional added value, VietinBank actively engages with government agencies, partners, and stakeholders to develop meaningful programs and events for the FDI community in Vietnam, both currently and in the years ahead.
More than 200 delegates from multinational corporations and experts participated the seminar
For a full range of services and experiences, please contact the FDI Corporate Banking & International Fund Center at VietinBank or any VietinBank’s branch nationwide, according to your segment or language preference:
- Global Desk: globaldesk@vietinbank.vn
- Japan Desk: japandesk@vietinbank.vn
- Korea Desk: koreadesk@vietinbank.vn
- Chinese Desk: chinesedesk@vietinbank.vn
- Taiwan Desk: taiwandesk@vietinbank.vn