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Honoring the Past, Building the Future April 30, 1975, marked a pivotal moment in Vietnam’s history, bringing to a close decades of arduous struggle and sacrifice by the entire nation. As detailed in the Political Report presented at the 4th National Congress of the Communist Party in December 1976, this date signifies a glorious victory, forever etched in the nation’s annals as a shining symbol of revolutionary heroism and human resilience. Vietnam steadfastly continues on the path of reform and progress During the challenging yet valiant years of war, the Communist Party of Vietnam, under the leadership of President Ho Chi Minh, united the people of the North and South. Together, they penned an immortal chapter in the nation’s quest for liberation. The day the liberation army’s tanks rolled into the Independence Palace was not just the end of an oppressive regime; it heralded a new beginning for a unified Vietnam, with restored territorial integrity, independence, and fr...

Customers conduct transactions at an HDBank branch in HCM City. Photo courtesy of HDBank. One of the key factors driving growth is the lender’s focus on maintaining profitability ratios such as ROA and ROE. In 2024 the bank remains on track for high growth while continuing to improve its comprehensive environmental, social, and governance (ESG) strategy. The bank is projecting total assets to exceed VND700 trillion (US$27.6 billion) this year, up 16% from 2023. Total deposits are expected to reach VND624 trillion (US$24.6 billion), up 16%. Loans outstanding are projected to exceed VND438 trillion (US$17.28 billion) in line with the credit growth quota allocated by the central bank. This year the bank plans to increase its charter capital by 5% to VND29.1 trillion ($1.15 billion) by issuing shares. In 2023, it managed to ensure a low bad debts ratio of 1.5% and achieve a capital adequacy ratio (CAR) of 12.6%, among the highest in the industry. The annual general meeting al...

Ho Chi Minh City is a treasure trove of Vietnam’s rich historical heritage, particularly significant sites related to the Vietnam War. Nha Rong Harbor Nha Rong Harbor (or Ho Chi Minh Museum – Ho Chi Minh City branch) is the largest harbor in Saigon and a renowned attraction, captivating both domestic and international visitors with its unique architecture that blends French elegance and Vietnamese cultural influences. Nha Rong Harbor holds historical significance as the point of departure for President Ho Chi Minh, the revered leader of Vietnam, as he embarked on a journey to seek national liberation in 1911. This historic destination is a must-see for anyone exploring Ho Chi Minh City. Nha Rong Harbor (or Ho Chi Minh Museum – Ho Chi Minh City branch) is renowned as the largest harbor in Saigon. Photo: Saigon Local Tour Nha Rong (or Ho Chi Minh Museum) is strategically situated at the junction of the Saigon River and the end of Nguyen Tat Thanh Street. “Nha Rong” tran...