Vietcombank leads the Top 10 most innovative and effective banks in 2023

VTC NewsVTC News29/06/2023


On the afternoon of June 28, in Hanoi, Investment Newspaper in collaboration with Vietnam Business Research Joint Stock Company (Viet Research) organized the Announcement and Honoring Ceremony of Top 50 Innovative and Effective Enterprises 2023 (VIE50); Top 10 Innovative and Effective Enterprises 2023 in key economic sectors (VIE10).

Mr. Le Trong Minh - Editor-in-Chief of Investment Newspaper delivered the opening speech.

Mr. Le Trong Minh - Editor-in-Chief of Investment Newspaper delivered the opening speech.

2023 is the first year that the VIE50 and VIE10 lists are published by Dau Tu Newspaper based on research results by Viet Research. The honored enterprises are those that apply creativity, innovation and reform in their operations, contributing to improving production and business efficiency, establishing a position in the market and contributing to the overall development of the country.

Regarding the list of Top 10 creative and effective banks, the Organizing Committee said that these are banks with stable business performance in the past, good growth potential in the future and have promoted and applied achievements, innovation and reform in their operations.

The list is selected based on quantitative and qualitative criteria including: assessment of business efficiency and added value of banks due to innovation, creativity and reform; assessment of corporate culture as well as innovation strategies of banks.

Research results from the VIE10 program with banks show that banks are changing their processes and work organization to create appropriate, flexible and fast standards in customer service.

Mr. Andrea Coppola - Chief Economist of the World Bank in Vietnam spoke on the topic of productivity growth and innovation for Vietnam to achieve the 2045 goals.

Mr. Andrea Coppola - Chief Economist of the World Bank in Vietnam spoke on the topic of productivity growth and innovation for Vietnam to achieve the 2045 goals.

During the announcement ceremony, domestic and international experts shared about the importance of innovation for development potential and shaping the future generation of businesses.

World Bank Chief Economist for Vietnam, Mr. Andrea Coppola, mentioned the importance of productivity growth and innovation towards achieving Vietnam's goal of becoming a high-income country by 2045. Associate Professor Dr. Vu Minh Khuong, Lee Kuan Yew School of Public Policy, National University of Singapore, shared the key factors to help Vietnamese enterprises accelerate development through innovation.

Mr. Le Hoang Tung - Chief Accountant of Vietcombank shared about Vietcombank's innovation activities.

Mr. Le Hoang Tung - Chief Accountant of Vietcombank shared about Vietcombank's innovation activities.

Dr. Vo Tri Thanh, Director of the Institute for Brand Strategy and Competitiveness Research, mentioned the innovation environment for the Vietnamese business community and the difficulties and challenges that need to be overcome.

Representing businesses in the VIE50 and VIE10 lists, Mr. Le Hoang Tung - Chief Accountant of Vietcombank gave a speech sharing about innovation from a business perspective and practical stories about adaptation as an important factor that has a vital impact on businesses.

In recent years, research activities, application of science and technology, innovation and creativity initiatives at Vietcombank have developed strongly, contributing positively to the growth of Vietcombank.

Representative of Vietcombank, Mr. Le Hoang Tung - Chief Accountant (standing in the middle) received a certificate from the Organizing Committee honoring Vietcombank as leading the Top 10 creative and effective banks in 2023.

Representative of Vietcombank, Mr. Le Hoang Tung - Chief Accountant (standing in the middle) received a certificate from the Organizing Committee honoring Vietcombank as leading the Top 10 creative and effective banks in 2023.

Innovation truly becomes the driving force, bringing breakthrough results to Vietcombank's operations, affirming its position as the number 1 bank in Vietnam with outstanding quality and efficiency.

Innovation is identified as an important driving force for effective development. Vietcombank is and will continue to focus on this activity; including sustainable innovation and disruptive innovation with the best practices.

Firstly, operating a specialized Innovation department to support business units in developing new products and services, with the expertise in developing new technology-based products; taking on the role of a “home” for potential ideas and initiatives; leading the application of best practices in Innovation in the enterprise.

Speakers, delegates and organizers took souvenir photos at the ceremony.

Speakers, delegates and organizers took souvenir photos at the ceremony.

Second, improve innovation implementation skills, such as customer testing skills. Third, continue to promote initiative proposal and implementation activities throughout the bank.

Vietcombank is well aware that innovation and transformation are not just about technology, but about people and culture. The challenge that Vietcombank will have to overcome, with its determination and capacity, is to change the way it works, change its culture, to succeed like the world's leading large organizations. With the spirit of innovation and pioneering leadership passed down through generations, Vietcombank will certainly continue to transform successfully ," Mr. Le Hoang Tung emphasized.

Bao Anh


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