On September 23, 2024, in Hanoi, Saigon - Hanoi Bank (SHB) and Vietnam Steel Corporation (VNSTEEL) held a signing ceremony of a cooperation agreement, marking the strong connection between two leading organizations in Vietnam.
According to the signed agreement, in the period of 2024 - 2029, SHB and VNSTEEL commit to long-term and mutually beneficial cooperation in many areas of operation, maximizing strengths, promoting growth, expanding business activities, thereby improving efficiency and competitive advantage in the market.
SHB will provide financial services and solutions with modern technology platforms, along with preferential policies according to regulations from time to time and not limited to VNSTEEL. At the same time, the Bank will provide capital for VNSTEEL and its member units and affiliates; provide payment solutions, cash flow management, international payments, trade finance; preferential banking products and services for VNSTEEL employees...
VNSTEEL will prioritize using financial products and solutions provided by SHB with guaranteed quality and competitive costs. At the same time, the Corporation and its member units and employees will use SHB's corporate and individual customer services.
Speaking at the ceremony, Ms. Ngo Thu Ha, General Director of SHB affirmed: “The signing ceremony of the cooperation agreement between SHB and VNSTEEL is an important milestone, opening a new chapter for the relationship between the two units. SHB will provide comprehensive, professional, modern banking and financial solutions suitable to the needs and business characteristics of VNSTEEL, as well as strengthen coordination with the Corporation and its member units to strengthen the cooperative relationship between the two sides”.
With 571 domestic and international transaction points, strong financial resources, SHB constantly innovates, invests in modern infrastructure, applies leading AI technology, Big Data... to provide solutions to best serve customers' needs.
Mr. Nghiem Xuan Da - Member of the Board of Directors, General Director of VNSTEEL said: "The formation and development of VNSTEEL is closely linked to the development history of the country. VNSTEEL aims to continue to consolidate and maintain its position as one of the major steel manufacturers, developing in harmony with the environment, the surrounding community and having a reputation in the world market.
To realize this goal, VNSTEEL has built a sustainable development strategy until 2050, divided into short, medium and long-term stages. In the period 2024 - 2050, VNSTEEL focuses on upgrading modern equipment and machinery systems towards green production and sustainable development.
VNSTEEL believes in SHB's advanced and modern products, services and solutions. With the signing of the cooperation agreement, VNSTEEL hopes that SHB will be a reliable partner, providing practical financial solutions to maximally support VNSTEEL during this period."
The signing event of cooperation between enterprises and leading banks in Vietnam will continue to strengthen the extensive relationship between the two sides, promote the joint conquest of business goals, accompany each other in development, and join hands to contribute to the strength of the country's economy.
In the period of 2024-2028, SHB is implementing a strong and comprehensive Transformation Strategy based on 4 pillars: Reforming mechanisms, policies, regulations, and processes; People are the subject; Taking customers and markets as the center; Modernizing information technology and digital transformation and steadfastly following 6 core cultural values "Heart - Trust - Faith - Knowledge - Intelligence - Vision".
SHB sets a strategic goal of becoming the TOP 1 Bank in terms of efficiency; the most favorite Digital Bank; the best Retail Bank and at the same time the TOP Bank providing capital, financial products and services to strategic private and state enterprise customers, with a supply chain, value chain, ecosystem, and green development.
