VPBank has become the first ever Vietnamese business to have received the 2015 Best Practices Award in the Enterprise Data Management Strategies.
The award, given by the US Data Warehousing Institute (TDWI), the premier source for in-depth education and research on all things data, honoured the bank for its pioneering vision and implementation approach for managing data.
The Data Governance Programme of the bank, initiated and managed by BI Competency Centre (BICC), was adjudged top-notch compared to other applicants' entries vis-à-vis the judging criteria of business impact, relevance, maturity and innovation.
TDWI also highly valued the bank for applying experiences from other developed countries in the world to build a roadmap for data management in each phase under international standards.
VP Bank's representative said in addition to developing and renovating products as well as improving services' quality, the bank has always focused on investment in information and technology, building data management capacity to maximise available resources.
This could help ensure operation, enhancing security and competitiveness as well as risk management for the bank.
The award has confirmed the validity of its development target.
It would continue to renovate products and services to bring outstanding benefits to customers and make it an international standard bank.
"TDWI is honoured to present this year's awards to winners who exemplify visionary innovation, dedication, and commitment to excellence in their respective industries," said Steven Crofts, president of the TDWI. "These awards showcase the depth and breadth of agile strategies, implementation, and technologies that address old challenges and also promote new solutions."
Winners were chosen by a panel of independent judges with expertise in BI, data warehousing, and analytics.
For 20 years, TDWI has provided individuals and teams with a comprehensive portfolio of business and technical education and research about all things data.
As of 2014, VPBank had almost 8 billion USD in assets and aims to become one of the five leading joint-stock commercial banks and one of the three leading retail 🦹joint-stock commercial b♑anks in Vietnam by 2017.-VNA
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has been named ꦉthe strongest bank in Vietnam, following the recent rankings announced by Asian Banker earlier this month.
Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been honored by the International Finance Magazine as the "Most Innovative Bank in Vietnam" in 2014, becoming the first Vietnamese commercial bank to get the award.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
As Vietnam moves forward, ESG, innovation and digital transformation will change the way businesses grow and how they are evaluated. This journey can’t rely on policy alone. It needs strong leadership, the right technology and, most importantly, skilled people who are ready to build a greener, more competitive economy.
Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
The US remained Vietnam’s largest market, accounting for 55% of the country's total wood exports. Key products include wooden furniture, plywood, doors, and handicrafts.
With a clear development strategy, proactive investment attraction and strong policy support for sustainable agriculture, Tay Ninh is positioning itself as a major hub for high-tech livestock farming in the southern region.
As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
Illustrative image
