VRB ORGANIZES CONFERENCE TO IMPLEMENT 2025 BUSINESS PLAN

VRB's business activities are guaranteed to be safe and stable, capital safety ratios are complied with in difficult market conditions; The scale is flexibly managed in the direction of increasing autonomy, optimizing capital mobilization costs, while still ensuring efficiency, creating a stable and sustainable capital base for safe credit growth; Promoting the role of connecting and cooperating in economic and trade between Vietnam and the Russian Federation...
The above are some of the main results of VRB in 2024 that were just announced at the Conference on implementing the 2025 Business Plan with the participation of representatives of the Board of Directors of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV); the Board of Directors, Leaders of Departments/Centers at the Head Office and Leaders of Branches of the Vietnam - Russia Joint Venture Bank (VRB).
 
In 2024, facing difficulties and challenges in the domestic and international markets, VRB has proactively implemented comprehensive, flexible and timely solutions to ensure safe and effective business operations with outstanding results:  
On behalf of BIDV's Board of Directors, Mr. Le Kim Hoa - Member of the Board of Directors highly appreciated the achievements of VRB in the past year and pointed out a number of tasks that need to be implemented in 2025.
 
At the meeting, VRB branches reported on the business situation as well as difficulties and obstacles and proposed solutions to promote VRB's strengths in each locality to boost business. 
 
On this occasion, VRB also announced the 2024 emulation and reward titles for collectives and individuals across the system.

Concluding the conference, VRB General Director - Mr. Doan Minh Tien said that in 2024, VRB's outstanding achievements were highly appreciated by the two parent banks. In 2025, VRB aims to continue to focus on managing change, flexibly adapting to situations; seizing opportunities to grow retail activities in a safe and effective manner; Focus resources on increasing capital mobilization from economic organizations and residents, considering this as the driving force and prerequisite to determine credit growth in 2025; expand the VRB network in accordance with the set orientation... At the same time, he also emphasized the key tasks that the VRB system needs to implement in the coming time so that the entire system can successfully complete its business plan.