The Vietnam Golden Star Award 2024 was launched in July 2024. After selection from provinces, cities and units, 293 enterprises from 53 provinces and cities across the country were nominated to participate in the Award. The Vietnam Golden Star Award is one of the major and particularly important contents of the International Economic Integration Movement of young entrepreneurs and Vietnamese youth, assigned by the Prime Minister to the Central Committee of the Ho Chi Minh Communist Youth Union, the Central Committee of the Vietnam Youth Union and the Central Committee of the Vietnam Young Entrepreneurs Association to organize since 2003.
At the award ceremony held solemnly in Hanoi on December 24, Bac A Commercial Joint Stock Bank (Bac A Bank) was honored to be in the top 100 typical units of Vietnam Gold Star 2024. This award is reviewed through two rounds: reviewing documents and directly assessing at the unit by the Board of Judges. The groups of criteria for scoring enterprises include: total assets, total revenue, equity, profit after tax, budget payment, profit margin/equity (ROE), total number of employees and each criterion has a corresponding weight. In addition, there are indicators on the social responsibility contributions of enterprises to the national socio-economic development.
After 30 years of construction and development, with continuous efforts, Bac A Bank has achieved outstanding achievements, becoming one of the prestigious brands in the Vietnamese banking system. As of September 2024, Bac A Bank had total assets of over 156,000 billion VND; charter capital of 8,959 billion VND; pre-tax profit of 813 billion VND, an increase of 47.54% over the same period last year. Currently, Bac A Bank has expanded its network to 184 transaction points in 46 provinces and cities nationwide. Bac A Bank's financial and banking products are very diverse, supplemented with many new utilities and regularly implemented incentive programs, basically meeting all the needs of different customer segments.
Bac A Bank has made a strong mark in the market as a pioneer bank in the field of investment consulting and credit granting for enterprises investing in high-tech applications in the fields of rural agriculture; social security to accompany the creation of core values, friendly to the environment, and at the same time help Bac A Bank send a message about a sustainable future.
In addition, Bac A Bank is also a unit that has made contributions with profound impacts on the community through volunteer activities and social security such as taking care of heroic Vietnamese mothers; building schools, bridges, roads, toilets for poor children in remote areas; supporting people in difficult circumstances with sustainable livelihoods;... In particular, Bac A Bank is also a leading unit in supporting activities to prevent the Covid-19 epidemic with a total budget of up to more than 100 billion VND. Bac A Bank's volunteer activities have become more systematic when accompanying the Fund for Vietnamese Stature to bring about campaigns demonstrating social responsibility at the national strategic level such as School Nutrition; Happy School;...
At the Award Ceremony, the bank representative shared: “This meaningful award creates more motivation for the Bank to continue its efforts to improve the system; promote business activities, expand the network, bring many quality products and services to meet the needs of customers. At the same time, it contributes to creating more quality jobs for workers, contributing to economic development in many localities across the country”.
The Vietnam Golden Star Award is awarded annually to outstanding Vietnamese brands, thereby encouraging, motivating and orienting Vietnamese enterprises to pay attention to brand building, promoting Vietnamese values and enhancing competitiveness in international integration.
