Hien receives Asia Pacific Entrepreneurship Awards 2017

Dec 21st at 07:49
21-12-2017 07:49:29+07:00

Hien receives Asia Pacific Entrepreneurship Awards 2017

Do Quang Hien, chairman of Sai Gon-Ha Noi Bank (SHB)’s management board, is the only entrepreneur from the financial and banking sector to be honoured at the Asia Pacific Entrepreneurship Awards – APEA 2017.

The award, which was organised for the first time in Viet Nam by Enterprise Asia, is a prestigious prize of the region. It aims to connect leading entrepreneurs in the Asia-Pacific region to promote innovation and create opportunities for sharing experiences and co-operation.

APEA recognises outstanding achievements and the leadership ability of entrepreneurs. It lays down strict criteria before presenting the awards, such as financial verification through an auditing firm, interviews and assessment by a panel.

The awards were presented to leading Asian entrepreneurs, including billionaire Quek Leng Beng; Kobchai Chirativat, chairman of Central Group; Simon Chiang, chairman of MITAC Information Technology; billionaire Hui Wing Hau; billionaire Lui Che-woo; and Rahul Bajaj, chairman of Bajaj Group.

APEA said it highly valued Hien for his excellent corporate administration ability. Specifically, SHB under Hien’s management saw outstanding development – starting with charter capital of VND400 million (US$17,600) in 1993 to now VND11.2 trillion ($493.3 million) and becoming one of the largest private commercial banks in Viet Nam with some four million customers.

The award also requires entrepreneurs to commit to implement other standards such as investing in people and doing business with responsibility.

By the end of September, the bank’s total assets reached more than VND265.3 trillion, and pre-tax profit was VND1.33 trillion.

SHB has two subsidiaries in Laos and Cambodia. It plans to open a new representative office in Myanmar.

Hien said the award was not just an honour for him, but for the entire Vietnamese entrepreneur community. He said he hoped many other Vietnamese entrepreneurs would be presented with the award so that they also got the opportunity to exchange experiences and co-operation with other parters in the region.

Born in 1962, Hien has been recognised with other awards from the Government.

He has held many important positions such as chairman and general director of T&T Group, chairman of SHS Securities Company and chairman of Ha Noi Small and Medium-d Enterprises Association.

bizhub



NEWS SAME CATEGORY

Vietnam’s central bank to maintain zero percent interest-rate on US dollar savings

The State Bank of Vietnam doesn’t believe it is the right time to increase interest rates on U.S dollar savings, which the country’s central bank has maintained at...

HDBank raises charter capital to enter top ten banks in Vietnam

Recently, State Bank of Vietnam (SBV) has approved of Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) raising its charter capital for the second...

Mobile banking voted as favourite payment method at Citi

Mobile banking surpassed other digital payment channels to become the most preferred payment platform installed and used by clients of Citi, a US-based investment...

KPMG holds seminar series on Vietnam’s changing tax landscape

Professional services firm KPMG discussed the impacts of Vietnam's latest tax updates in three seminars in Ho Chi Minh City, Hanoi, and Danang this December.

Digital banking needs framework

Viet Nam needs a legal framework for the development of digital banking, heard a conference held by the State Bank of Viet Nam in Ha Noi on Tuesday.

IFC’s lending package helps VN’s SMEs

International Finance Corporation (IFC) announced on Tuesday a successful syndicated senior loan package transfer of US$110 million to An Binh Commercial Joint...

Moody’s affirms ratings of BIDV, Maritime Bank

Moody’s Investors Service on Friday affirmed major ratings for two Vietnamese banks, BIDV and Martitime Bank.

Remittances to HCM City reach $4.55 billion

Remittance inflows to HCM City in the 11 months of this year reached US$4.55 billion, Nguyen Hoang Minh, deputy director of the State Bank of Viet Nam’s HCM City...

Kasikorn Bank brings perspective to Vietnam’s NPLs

With Christmas coming, Thai-based Kasikorn Bank has set its sights higher than just gaining a strong foothold in Vietnam – it also has an eye on the local bad debts...

World Bank, Vietnam work to strengthen financial systems

A new World Bank report, jointly launched on Thursday with Vietnam’s Ministry of Finance, will support the development of a sound financial reporting institutional...

Bank stocks

Insurance stocks


MOST READ


Back To Top