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SHB accompanies ASEAN 2020 “Cohesion and Proactive Adaptation”


In the morning of June 26, the 36th ASEAN Summit held in the form of online meeting opened at the Hanoi International Convention Center. As Chairman of ASEAN 2020, Prime Minister Nguyen Xuan Phuc chaired the first official Summit of the ASEAN Presidency Year 2020. Saigon – Hanoi Bank (SHB) is delighted and honored to participate in the major event of the country and ASEAN. At the same time, SHB is the only bank to be honored as the special sponsor with the commitment to accompany events and conferences in the ASEAN Presidency Year 2020 with the contribution of VND 10 billion.

At the meeting point of Hanoi, the opening session was attended by Politburo Member and Prime Minister Nguyen Xuan Phuc; Politburo Member and National Assembly Chairwoman Nguyen Thi Kim Ngan, President of AIPA 41; Politburo Member, Standing Vice Chairwoman of the National Assembly Tong Thi Phong; Politburo Member, Deputy Prime Minister, Foreign Minister Pham Binh Minh and about 300 international and domestic guests, more than 200 reporters at home and abroad. Leaders of ASEAN nations attended at the meeting points of each country.

Speaking at the opening session, Prime Minister Nguyen Xuan Phuc said that for the first time in more than half a century, the regular ASEAN Summit was held online. The theme “Cohesion and Proactive Adaptation” of ASEAN 2020 is implemented in the context of a volatile regional and international environment. Over 5 years of the Community formation, ASEAN is facing many opportunities and challenges due to global geographic shift as well as the impact of COVID-19.

The Prime Minister stated that the heavy responsibility on the shoulders of the governments of ASEAN member countries and individual leaders in the remaining half of 2020 is to take ASEAN through this difficult period, proving the value and sustainable vitality of a resilient and dynamic Community. On one hand, it is necessary to continue to effectively control the COVID-19 epidemic, on the other hand, it is necessary to soon overcome the consequences of the epidemic, to recover and continue economic development, and at the same time, to make efforts to fulfill the ASEAN cooperation and connection goals in 2020.

At this meeting, the Prime Minister looked forward to the adoption of the “Declaration of Vision of ASEAN Leaders on an ASEAN Community of Cohesion and Proactive Adaptation: Overcoming Challenges, Promoting Growth” and that will be a guideline for ASEAN to be confident in the next step. With the desire to contribute and support the Government in fulfilling the role of Presidency of ASEAN Year 2020 of Vietnam, SHB commits to accompany the ASEAN Presidency Year 2020.

As one of the banks with strong financial strength, prestige and position in the Top 5 largest private joint stock commercial banks in Vietnam, SHB has always been entrusted by the Government and the State Bank with important responsibilities of cooperating with many local authorities nationwide to implement major investment promotion programs in many key areas, affirming SHB’s commitment to always be ready to accompany enterprises in the process of economic development, poverty reduction and hunger elimination and other community and social activities.

With strong presence not only in Vietnam but also in Laos and Cambodia and initially in the Myanmar market, the achievements of SHB over the past years have confirmed the prestige, strong financial strength, safe, effective, sustainable and transparent operation of the bank, thereby creating trust and confidence of shareholders, partners, customers, which is the basis for SHB to overcome all challenges and enhance its position not only in the territory of Vietnam but also reaching out to the region and the world.

In the spirit of “Cohesion and Proactive Adaptation”, especially in the recent Covid epidemic time, under the direction of the Prime Minister and the State Bank, SHB has been proactive in implementing drastically synchronous, active, effective solutions for business and individual customers, joining hands with the community in Vietnam, Laos and Cambodia to overcome the impacts of Covid 19 epidemic. Besides, SHB has provided comprehensive financial solution packages, modern banking services for all corporate customers, local residents as well as overseas Vietnamese, Vietnamese businesses with business investment in Laos and Cambodia both in terms of benefits and superior value; committed to connecting and promoting many investment activities with prestigious domestic and international organizations in arranging finance, preferential capital and bond issuance, connecting input and output markets together as well as superior financial solution packages; contributing to promoting trade relations between the business communities of countries in the region.

Recognizing the efforts and contributions of SHB in the ASEAN region, in 2019, SHB was honored with the Outstanding Enterprise for ASEAN Financial Services Connection Award. This award is given to enterprises with outstanding activities and presence in one or more priority development sectors in the ASEAN economic community and with contribution to the process of integration and connection among ASEAN businesses; which affirms position, prestige, competitiveness, integration and brand of SHB in the region and reaching out to international arena, thereby expanding business cooperation, attracting investment with partners in 10 countries of ASEAN as well as with ASEAN’s dialogue partners.

Cooperation with major corporations and economic institutions in the world, within ASEAN as well as expanding operations to foreign countries is the path that SHB heads to, making a small contribution together with the Government to bring about the common prosperity for the country, wealth and prosperity for each Vietnamese people.