- Continue to improve the state's macro policies. To develop a sustainable marine economy on the basis of successfully implementing the Directives and Resolutions of the Secretariat and the Prime Minister, including the "Vietnam Marine Strategy to 2020"; on a number of urgent solutions in state management of natural resources and the environment, and at the same time to strongly attract investment from many domestic and foreign economic sectors to participate in investment in marine economic development, a comprehensive strategy on marine resources and environment is needed. The strategy will clearly define the goals, tasks and solutions for sustainable use of resources and environmental protection, accompanying the process of accelerating marine economic activities, associated with protecting national defense, security, sovereignty and sovereign rights over seas and islands of our country.
- Strengthening the investigation, survey, research and assessment of the current status of resources, natural conditions and quality of resources to quantify and calculate costs and benefits ; building an information system on marine resources and environment to better understand marine and subsea resources in order to use them economically, effectively, conserve and sustainably develop marine ecosystems; arranging space and developing marine areas in accordance with the ecology of each region; developing sustainable marine economic sectors; controlling sources of pollution from land; preventing pollution from marine activities and transboundary pollution; preventing natural disasters, responding to the negative impacts of climate change and rising sea levels will be important contents of the marine strategy. In addition, the sea and coastal areas are where many intertwined activities take place with the participation of many stakeholders.
We have had many programs, projects, and topics of investigation, research, and study of the sea, but our understanding of the East Sea is still limited; lacking means, equipment, specialized staff, and limited financial resources, the information and data collected are sketchy and unreliable. This is the biggest challenge and also the most difficult barrier on the way to the sea and getting rich from the sea.
- The State needs to have a specific mechanism and policy to create preferential advantages to encourage investors , so that investors can join hands with the country, deeply participate in the fields of construction, exploitation, use and economic development.
sea and island economy to bring the highest efficiency to the sea and islands. In that spirit, there needs to be an investment policy for Thanh Hoa. Because Thanh Hoa is a province with a large population, ranking third in the country, but is still a traditional agricultural province, it is still poor and has no savings. Therefore, in the coming years, investment capital from the State budget is still considered the main source. To ensure a large source of capital for coastal economic development at a high speed as the province's target, on the one hand, the State needs to pay attention to allocating budget capital and preferential credit to support investment in the construction of economic and social infrastructure works in the province, on the other hand, the province needs to continue to maintain a high economic growth rate and have measures to encourage savings for development investment to increase the rate of accumulation from within the economy.
3.3.2. Improve quality, ensure consistency and efficiency in the master plan for socio-economic development of Thanh Hoa coastal area
As mentioned above, to develop the coastal area of Thanh Hoa into a coastal urban area, making the coastal economy a dynamic development area, a driving force for the economic development of Thanh Hoa province, first of all, it is necessary to organize and implement the construction of a master plan for socio-economic development of the coastal area (as well as the socio-economic development plan for the plains and mountainous areas). On August 1, 2011, the Chairman of the People's Committee of Thanh Hoa province signed Decision No. 2482/QD-UBND approving the master plan for socio-economic development of the coastal area of Thanh Hoa until 2020. This is a favorable condition for the completion of the policy for coastal economic development of Thanh Hoa province in the coming years. On the basis of the approved plan, the implementation needs to pay attention to the following specific issues:
Firstly, ensure the effectiveness of industrial and handicraft development planning. Because the coastal area has many advantages in terms of infrastructure, choosing investment locations for projects is relatively easy. However, to effectively plan the use of coastal industrial and handicraft resources, attention should be paid to the following aspects:
1) It is necessary to pay attention to prioritizing attracting high-tech projects. The period of choosing mainly "processing" industries with low value and weak competitiveness in the market is over (Nguyen Quang Thai 2010, p. 158). International experience shows that to accelerate growth and development, to create sustainable development, to become a modern city with comprehensive economic development, it is necessary to prioritize industries with modern technology, creating high economic value. In addition, a coastal area with diverse resources like Thanh Hoa, it is necessary to consider planning for industrial and handicraft development in the direction of having a supporting industrial system, with deep specialization, creating a high economic value chain. To do so, prioritizing industries and industrial products with high technical level needs special attention.
2) Pay attention to concentrating projects on socio-economic hotspots in the region, in which large projects and some medium-sized projects with suitable industries are encouraged to be mainly located in concentrated industrial parks. Small and medium-sized projects are located in industrial clusters, district towns, or if necessary, can be located along national highways and inter-district roads. Small projects and craft villages are located in towns and communes.
3) Planning for the development of industry and handicrafts must pay attention to promoting the coastal area of Thanh Hoa to proactively create production capacity to exchange with the plain area, attract cooperation from mountainous areas to produce large-scale goods, create linkages with the entire province's economy and economic linkages with other provinces in the region through the main routes of National Highway 1A, National Highway 217, the horizontal route along Ho Chi Minh Road in the South and other horizontal routes in the North.
Currently, the development of Industry in the coastal areas of Thanh Hoa has not fully exploited the potential advantages of each locality, but most of them are mainly developing strongly in Nghi Son Economic Zone. Therefore, in the following years, the province needs to have policies to attract investment to other districts, if they have the same advantages. Focus on building so that by 2020, the coastal area can build at least 01 comprehensive marine economic zone, or industrial parks and industrial clusters. Specifically:
- Developing Nghi Son Economic Zone: Developing Nghi Son Economic Zone into a multi-sector, multi-sector economic zone as a locomotive to promote the coastal economy of Thanh Hoa in particular and the economic development of Thanh Hoa province in general. Speeding up the construction of technical infrastructure and functional areas; Strive to basically fill the planned land area for industry by 2015, and fill most of the functional areas of the Economic Zone in the period of 2016 - 2020.
- Coordinate with Nghe An, Ha Tinh, and Quang Binh provinces to build high-tech zones, industrial parks, and industrial clusters in coastal areas to attract projects for manufacturing and assembling electromechanical machines, manufacturing electrical, electronic, telecommunications, and refrigeration equipment, developing supporting industries for mechanical engineering, manufacturing and assembling means of transport, automobiles, and tractors.
Developing industrial clusters. Currently, according to the 2011 Plan, each district in Thanh Hoa province develops 2-3 industrial clusters. Such planning is fragmented, difficult to attract high-tech investment and difficult to coordinate to develop supporting industries according to high-economic value chains. Therefore, we believe that each district should develop a concentrated industrial cluster, coordinate industries in the industrial cluster and clearly assign functions to each industrial cluster to avoid self-competition in a province in attracting resources. Accordingly, we propose to develop Quang Tien Industrial Cluster + Sam Son Town; Inter-commune Industrial Cluster + Tu Sy + Tam Linh Craft Village, Nga Son District; Hoa Loc Industrial Cluster + Hau Loc Town, Hau Loc District; Tao Xuyen + Hoang Phu + Nam Gong, Thai Thang Industrial Cluster, Hoang Hoa District; Tien Trang + Quang Nham - Quang Thach + Bac Ghep Industrial Cluster, Quang Xuong District.
On that basis, it is necessary to pay attention to developing key industries to create momentum to promote industry in the whole region. Specifically:
+ The vehicle building and repair industry, based on the coastal advantage, focuses on investing in building shipbuilding and repair facilities with a tonnage of up to 100,000 tons in Nghi Son Economic Zone, and small shipbuilding and repair facilities under 10,000 tons in estuary areas associated with the development of private fishing ports or boat mooring ports in districts with conditions.
+ Electricity industry: Focus on investing in the construction of the 3,000 MW Nghi Son Thermal Power Center according to the planning of the Ministry of Industry, developing the production of construction materials utilizing ash and slag from the factory. After 2011, research and take the lead in developing 2-3 projects to produce electricity using wind energy and energy from ocean waves in some districts with conditions.
+ Chemical Industry: There are policies to accelerate the development of the petrochemical refining industry, production of post-petroleum refining products, fertilizers, and other chemical products, cement and other construction materials; expand Nghi Son Cement Plant, increasing capacity to 4.5 million tons/year; expand Cong Thanh Cement Plant Phase II, capacity 4 million tons/year.
+ Metallurgical industry: Mobilizing the construction of steel billet production facilities from imported raw materials, producing some common and special steel types, producing ferrochrome, alloy steel... in Nghi Son Industrial Park.
+ Textile and Garment Industry: Mobilize capital to build the Southern Textile and Garment Industrial Cluster in Nghi Son Industrial Park or Tinh Gia District, develop a satellite garment processing network in neighboring districts, mainly for export garments, expand production and business of So To Textile and Garment Industrial Cluster,... to attract surplus labor due to land clearance relocation of the economic zone and reduce the number of laborers migrating to urban areas in general.
+ Processing industry of aquatic products, food, vegetables, high-end wooden products... for export and domestic consumption. Strengthen learning from experiences of other countries or calling for foreign investment to invest in deep processing to produce high-end food products from fish in particular, seafood in general. Arrange in the region suitable for the supply of raw materials, in which priority is given to arranging food production belts around large cities.
+ Producing all kinds of packaging paper, including cement paper in Hau Loc for use with bamboo and wood, and in Nghi Son Industrial Park for use with margin paper.
+ Mining - Mineral processing: have a plan to effectively exploit stone, clay, sand, gravel to produce construction materials such as cement, bricks, tiles, other construction materials...
+ Mechanical repair services: Develop auto and motorbike repair shops with food and accommodation services (Motel style) for vehicles along National Highways and economic hubs. Establishments selling, repairing and maintaining household appliances and equipment for agricultural and aquatic production (engines, electricity, electronics, telecommunications, etc.).
+ Regarding handicrafts. Promote the advantages of handicrafts, focus on traditional occupations and craft villages, especially those with products from sedge processing, combine with the propagation of new occupations, quickly and widely develop handicrafts in villages and communes. Link handicraft production with tourism services in tourist areas.
Second, implementing the planning for the development of the fisheries sector. The implementation of the planning for the development of the fisheries sector must pay attention to the policy of comprehensive development of the fisheries sector (including fishing, farming, processing and services) to continuously improve the quality and efficiency of production in order to make fisheries one of the important economic sectors of the province, accounting for an increasingly high proportion of the agricultural, forestry and fishery production value. Developing fisheries in the direction of industrial production, creating a stable source of raw materials for processing and export. Closely combining fisheries production with agriculture and other sectors, creating faster development steps and solving employment, improving people's lives.
Continue to improve the capacity and efficiency of offshore fishing, combined with the organization of reasonable exploitation of nearshore areas, increase the province's exploited aquatic product output to about 60 thousand tons in 2010; 70 thousand tons in 2015 and stabilize at 90 thousand tons by 2020. Invest in building large fleets and synchronizing urban fishing centers to develop offshore fishing, combined with protecting national security and defense at sea. Carry out a reasonable rearrangement of coastal fishing, transferring a part of coastal fishing labor to other fields to protect and develop resources.
Upgrade and build new fishing ports for the people, gradually forming civilized and modern fishing villages along the coast. Build a system of wholesale fish markets in key seafood exploitation areas of the province. Strengthen and invest in facilities for building and repairing boats and providing services for nets, yarn, oil, salt, etc. to better serve seafood exploitation.
Strongly develop aquaculture, including freshwater, brackish water and saltwater. Expand freshwater aquaculture on large rivers and lakes; develop rice-aquaculture models in low-lying areas. Strongly transform farming methods from extensive to semi-intensive, intensive and industrial farming to create large and stable product volumes for processing and export.
Third, in implementing coastal tourism development planning, it is necessary to link with the provincial tourism planning . Developing coastal tourism in Thanh Hoa is linked with National Highway 1A (North - South direction) including the plain and coastal districts. This is the most important socio-economic space of Thanh Hoa province, with many favorable conditions for the development of industry, services - tourism and agriculture, aquaculture, with a convenient location and infrastructure conditions, especially National Highway 1A and the trans-Vietnam railway, seaport system. The development of this socio-economic space allows for the effective exploitation of the most important tourism potentials of Thanh Hoa such as Sam Son, Ben En National Park, Lam Kinh, Ho Dynasty Citadel, Ba Trieu Temple... On that basis, the following tourist routes are formed:
- Building coastal tourist routes such as : Thanh Hoa City - Sam Son - Thanh Hoa City, Thanh Hoa City - Quang Xuong - Nong Cong - Ben En, Thanh Hoa City - Nga Son, Thanh Hoa City - Quang Xuong - Tinh Gia - Nghi Son Economic Zone - Hon Me (road and waterway)
Fourth, implement the planning for the development of major coastal crops. The province needs to continue to direct the planning of specialized peanut and sedge growing areas, focusing on intensive investment in coastal districts; research and apply high-yield peanut and sedge varieties for export; direct coastal districts to soon complete the task of consolidating canals and improving field surfaces; strengthen agricultural extension work to arrange a planting schedule to overcome the widespread drought and flooding in the peanut and sedge growing areas of Thanh Hoa coastal areas, which have been clearly identified as analyzed above.
Regarding the development of food vegetables . According to the results of land assessment, suitable land for growing vegetables in Thanh Hoa includes 6 types of land: alluvial soil, sandy soil and silver soil.
color with a total area of 135,828 ha. Thus, the land fund suitable for the development of food vegetables is very large, enough to meet the demand for food vegetable production for consumption in the province, especially preparing for the formation of Nghi Son Economic Zone and participating in export.
Table 3.3: Arrangement of food vegetable production to 2020
Plants
Unit | 2005 | 2010 | 2015 | 2020 | |
Total area of the province | ha | 26329.0 | 27,500.0 | 30,000.0 | 32,500.0 |
Productivity | tons/ha | 110.3 | 117.6 | 125.8 | 130.8 |
Output | ton | 2,902,870.0 | 3,234,000.0 | 3,774,000.0 | 4,252,500.0 |
There: Coastal | |||||
Acreage | ha | 8,700.0 | 10,000.0 | 11,000.0 | |
Productivity | tons/ha | 119.5 | 130 | 140, | |
Output | ton | 1,039,650.0 | 1,300,000.0 | 1,540,000.0 |
Maybe you are interested!
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Coastal economic development policy of Thanh Hoa province in the period from 2000-2010 - 21 -
Socio-Economic Development Goals of Thanh Hoa Province in the Coming Years -
Perfecting the Coastal Economic Development Policy in the Direction of Focusing on Promoting Absolute Advantages and Enhancing Comparative Advantages of Coastal Products -
Solutions for tourism development in Tien Lang - 10
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zt2a3gstourism, tourism development
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- District People's Committees and authorities of communes with tourist attractions should support, promote, and provide necessary information to people, helping them improve their knowledge about tourism. Raise tourism awareness for local people.
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Due to limited knowledge and research time, the thesis inevitably has shortcomings. Therefore, I look forward to receiving guidance from teachers, experts as well as your comments to make the thesis more complete.
Chapter III Conclusion
Through the issues presented in Chapter II, we can come to some conclusions:
Based on the strengths of available tourism resources, the types of tourism in Tien Lang that need to be promoted in the coming time are sightseeing and resort tourism, discovery tourism, weekend tourism. To improve the quality and diversify tourism products, Tien Lang district needs to combine with local cultural tourism resources, at the same time combine with surrounding areas, build rich tourism products. The strengths of Tien Lang tourism are eco-tourism and cultural tourism, so developing Tien Lang tourism must always go hand in hand with restoring and preserving types of cultural tourism resources. Some necessary measures to support and improve the efficiency of exploiting tourism resources in Tien Lang are: strengthening the construction of technical facilities and labor force serving tourism, actively promoting and advertising tourism, and expanding forms of capital mobilization for tourism development.
CONCLUDE
I Conclusion
1. Based on the results achieved within the framework of the thesis's needs, some basic conclusions can be drawn as follows:
Tien Lang is a locality with great potential for tourism development. The relatively abundant cultural tourism resources and ecological tourism resources have great appeal to tourists. Based on this potential, Tien Lang can build a unique tourism industry that is competitive enough with other localities within Hai Phong city and neighboring areas.
In recent years, the exploitation of the advantages of resources to develop tourism and build tourist routes in Tien Lang has not been commensurate with the available potential. In terms of quantity, many resource objects have not been brought into the purpose of tourism development. In terms of time, the regular service time has not been extended to attract more visitors. Infrastructure and technical facilities are still weak. The labor force is still thin and weak in terms of expertise. Tourism programs and routes have not been organized properly, the exploitation content is still monotonous, so it has not attracted many visitors. Although resources have not been mobilized much for tourism development, they are facing the risk of destruction and degradation.
2. Based on the results of investigation, analysis, synthesis, evaluation and selective absorption of research results of related topics, the thesis has proposed a number of necessary solutions to improve the efficiency of exploiting tourism resources in Tien Lang such as: promoting the restoration and conservation of tourism resources, focusing on investment and key exploitation of ecotourism resources, strengthening the construction of infrastructure and tourism workforce. Expanding forms of capital mobilization. In addition, the thesis has built a number of tourist routes of Hai Phong in which Tien Lang tourism resources play an important role.
Exploiting Tien Lang tourism resources for tourism development is currently facing many difficulties. The above measures, if applied synchronously, will likely bring new prospects for the local tourism industry, contributing to making Tien Lang tourism an important economic sector in the district's economic structure.
REFERENCES
1. Nhuan Ha, Trinh Minh Hien, Tran Phuong, Hai Phong - Historical and cultural relics, Hai Phong Publishing House, 1993
2. Hai Phong City History Council, Hai Phong Gazetteer, Hai Phong Publishing House, 1990.
3. Hai Phong City History Council, History of Tien Lang District Party Committee, Hai Phong Publishing House, 1990.
4. Hai Phong City History Council, University of Social Sciences and Humanities, VNU, Hai Phong Place Names Encyclopedia, Hai Phong Publishing House. 2001.
5. Law on Cultural Heritage and documents guiding its implementation, National Political Publishing House, Hanoi, 2003.
6. Tran Duc Thanh, Lecture on Tourism Geography, Faculty of Tourism, University of Social Sciences and Humanities, VNU, 2006
7. Hai Phong Center for Social Sciences and Humanities, Some typical cultural heritages of Hai Phong, Hai Phong Publishing House, 2001
8. Nguyen Ngoc Thao (editor-in-chief, Tourism Geography, Hai Phong Publishing House, two volumes (2001-2002)
9. Nguyen Minh Tue and group of authors, Hai Phong Tourism Geography, Ho Chi Minh City Publishing House, 1997.
10. Nguyen Thanh Son, Hai Phong Tourism Territory Organization, Associate Doctoral Thesis in Geological Geography, Hanoi, 1996.
11. Decision No. 2033/QD – UB on detailed planning of Tien Lang town, Hai Phong city until 2020.
12. Department of Culture, Information, Hai Phong Museum, Hai Phong relics
- National ranked scenic spot, Hai Phong Publishing House, 2005. 13. Tien Lang District People's Committee, Economic Development Planning -
Culture - Society of Tien Lang district to 2010.
14.Website www.HaiPhong.gov.vn
APPENDIX 1
List of national ranked monuments
STT
Name of the monument
Number, year of decisiondetermine
Location
1
Gam Temple
938 VH/QĐ04/08/1992
Cam Khe Village- Toan Thang commune
2
Doc Hau Temple
9381 VH/QĐ04/08/1992
Doc Hau Village –Toan Thang commune
3
Cuu Doi Communal House
3207 VH/QĐDecember 30, 1991
Zone II of townTien Lang
4
Ha Dai Temple
938 VH/QĐ04/08/1992
Ha Dai Village –Tien Thanh commune
APPENDIX II
STT
Name of the monument
Number, year of decision
Location
1
Phu Ke Pagoda Temple
178/QD-UBJanuary 28, 2005
Zone 1 - townTien Lang
2
Trung Lang Temple
178/QD-UBJanuary 28, 2005
Zone 4 – townTien Lang
3
Bao Khanh Pagoda
1900/QD-UBAugust 24, 2006
Nam Tu Village -Kien Thiet commune
4
Bach Da Pagoda
1792/QD-UB11/11/2002
Hung Thang Commune
5
Ngoc Dong Temple
177/QD-UBNovember 27, 2005
Tien Thanh Commune
6
Tomb of Minister TSNhu Van Lan
2848/QD-UBSeptember 19, 2003
Nam Tu Village -Kien Thiet commune
7
Canh Son Stone Temple
2160/QD-UBSeptember 19, 2003
Van Doi Commune –Doan Lap
8
Meiji Temple
2259/QD-UBSeptember 19, 2002
Toan Thang Commune
9
Tien Doi Noi Temple
477/QD-UBSeptember 19, 2005
Doan Lap Commune
10
Tu Doi Temple
177/QD-UBJanuary 28, 2005
Doan Lap Commune
11
Duyen Lao Temple
177/QD-UBJanuary 28, 2005
Tien Minh Commune
12
Dinh Xuan Uc Pagoda
177/QD-UBJanuary 28, 2005
Bac Hung Commune
13
Chu Khe Pagoda
177/QD-UBJanuary 28, 2005
Hung Thang Commune
14
Dong Dinh
2848/QD-UBNovember 21, 2002
Vinh Quang Commune
15
President's Memorial HouseTon Duc Thang
177/QD-UBJanuary 28, 2005
NT Quy Cao
Ha Dai Temple
Ben Vua Temple
Tien Lang hot spring
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![Pre-tax Profit of Bidv Tien Giang in the Period 2011-2015
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At that time, the Branch had to set aside a provision for credit risks, which reduced the Branchs income.
Chart 2.2. Pre-tax profit of BIDV Tien Giang in the period 2011-2015
Unit: Billion VND
140
120
100
80
60
40
20
0
63.3
80.34
89.29
110.08
131.99
2011 2012 2013 2014 2015
Profit before tax
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
However, through chart 2.2, it can be seen that BIDV Tien Giangs profit is still increasing continuously, and its operating efficiency is currently leaking. This is a contribution of non-credit services, and this service segment will be increasingly focused on growth by BIDV Tien Giang to ensure the highest profit safety because credit activities have many potential risks. At the same time, focusing on developing non-credit services is consistent with one of the contents of restructuring the financial activities of credit institutions in the project Restructuring the system of credit institutions in the period 2011-2015 approved by the Prime Minister in Decision No. 254/QD-TTg dated March 1, 2012 [14]: Gradually shifting the business model of commercial banks towards reducing dependence on credit activities and increasing income from non-credit services.
2.2. Current status of non-credit service development at BIDV Tien Giang.
2.2.1. BIDV Tien Giang has deployed the development of non-credit services in recent times.
Along with the development of the Head Office, BIDV Tien Giangs products and services are constantly improved and deployed in a diverse manner to ensure provision for many different customer groups in the area: individual customers, corporate customers, and financial institutions. Typical services are as follows: Payment services, treasury services, guarantee services, card services, trade finance, other services: Western Union, insurance commissions, consulting services, foreign exchange derivatives trading, e-banking services,...
2.2.1.1. Payment services:
In accordance with the Prime Ministers Project to promote non-cash payments in Vietnam [15], banks in Tien Giang province have continuously developed payment services to reduce customers cash usage habits through card services and electronic banking services such as: salary payment through accounts, focusing on developing card acceptance points, developing multi-purpose cards, paying social insurance by transfer, paying bills through banks, etc.
Chart 2.3. Net income from payment services in the period 2011-2015
Unit: Million VND
6000
5000
4000
3000
2000
1000
0
3922 4065
4720 5084 5324
2011 2012 2013 2014 2015
Net income from payment services
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
Along with the technological development of the entire system, BIDV Tien Giang has a payment system with a fairly stable transaction processing speed, bringing many conveniences to customers. The results of observing chart 2.3 show that the income from payment services that the Branch has achieved has grown over the years but the speed is not high and the products are not outstanding compared to other banks. Domestic payment products such as: Online bill payment, electricity bills, water bills, insurance premiums, cable TV bills, telecommunications fees, airline tickets, etc. bring many conveniences to customers. Regarding international payment, this is an indispensable activity for foreign economic activities, BIDV Tien Giang is providing international payment methods for small enterprises producing agriculture, aquatic food and seafood that have credit relationships with banks in industrial parks in Tien Giang province such as: money transfer, collection, L/C payment.
2.2.1.2. Treasury services:
BIDV Tien Giang always focuses on ensuring treasury safety and currency security, always complies with legal regulations, and minimizes risks in operations such as: counting and collecting money from customers, receiving and delivering internal transactions, collecting from the State Bank (SBV) or other credit institutions, receiving ATM funds, bundling money, etc. BIDV Tien Giangs treasury service management department is always fully equipped with modern machinery and equipment such as: money transport vehicles, fire prevention tools, money counters, money detectors, magnifying glasses, etc. to ensure absolute safety in treasury operations, immediately identifying real and fake money and other risks that may affect people and assets of the bank and customers. In addition, implementing regulation 2480/QC dated October 28, 2008 between the State Bank of Tien Giang province and the Provincial Police on coordination in the fight against counterfeit money, in the 3-year review of implementation, BIDV Tien Giang discovered, seized and submitted to the State Bank of Tien Giang province 475 banknotes of various denominations and was commended by the Provincial Police and the State Bank of Tien Giang province [17].
Chart 2.4. Net income from treasury services in the period 2011-2015
Unit: Million VND
350
300
250
200
150
100
50
0
105 122
309 289 279
2011 2012 2013 2014 2015
Net income from treasury services
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
However, as shown in Figure 2.4, income from treasury operations is not high and fluctuates. Specifically, in the period 2011-2013, net income increased and increased most sharply in 2013, then in the period 2013-2015, there was a downward trend. This fluctuation is due to the fact that fees collected from treasury services are often very low and can even be waived to attract customers to use other services.
2.2.1.3. Guarantee and trade finance services:
BIDV Tien Giang, thanks to the advantages of the province and the favorable location of the Branch, has continuously focused on developing income from guarantee services and trade finance.
Chart 2.5. Net income from guarantee and trade finance services in the period 2011-2015
Unit: Million VND
14000
12000
10000
8000
6000
4000
2000
0
5193 5695
2742 3420
8889
3992
11604 12206
5143 5312
2011 2012 2013 2014 2015
Net income from guarantee services Net income from Trade Finance
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
Through chart 2.5, we can see that BIDV Tien Giangs income from guarantee services and trade finance has grown over the years. The reason is: Among BIDV Tien Giangs corporate customers, the construction industry is the industry with the highest proportion of customers after the trading industry, this is a group of customers with potential to develop guarantee services. The second group of customers is corporate customers in the fields of agricultural production, livestock and seafood processing with high import and export turnover in the area.
are the target of trade finance development. In addition, BIDV Tien Giang also focuses on continuously developing these customer groups to increase revenue for many other products and services in the future.
2.2.1.4. Card and POS services:
As a service that BIDV Tien Giang has recently developed strongly, it can be said that this is a very potential market and has the ability to develop even more strongly in the future. Card services with outstanding advantages such as fast payment time, wide payment range, quite safe, effective and suitable for the integration trend and the Project to promote non-cash payments in Vietnam. Cards have become a modern and popular payment tool. BIDV Tien Giang early identified that developing card services is to expand the market to people in society, create capital mobilized from card-opened accounts, contribute to diversifying banking activities, enhance the image of the bank, bring the BIDV Tien Giang brand to people as quickly and easily as possible. BIDV Tien Giang is currently providing card types such as: credit cards (BIDV MasterCard Platinum, BIDV Visa Gold Precious, BIDV Visa Manchester United, BIDV Visa Classic), international debit cards (BIDV Ready Card, BIDV Manu Debit Card), domestic debit cards (BIDV Harmony Card, BIDV eTrans Card, BIDV Moving Card, BIDV-Lingo Co-branded Card, BIDV-Co.opmart Co-branded Card). These cards can be paid via POS/EDC or on the ATM system. In addition, with debit cards, customers can not only withdraw money via ATMs but also perform utilities such as mobile top-up, online payment, money transfer,... through electronic banking services.
In order to attract customers with card services, BIDV Tien Giang has continuously increased the installation of ATMs. As of December 31, 2015, BIDV Tien Giang has 23 ATMs combined with 7 ATMs in the same system of BIDV My Tho, so the number of ATMs is quite large, especially in the center of My Tho City, but is not yet fully present in the districts. Basic services on ATMs such as withdrawing money, checking balances, printing short statements,... BIDV ATMs accept cards from banks in the system.
Banknetvn and Smartlink, cards branded by international card organizations Union Pay (CUP), VISA, MasterCard and cards of banks in the Asian Payment Network. From here, cardholders can make bill payments for themselves or others at ATMs, by simply entering the subscriber number or customer code, booking code that service providers notify and make bill payments.
Chart 2.6. Net income from card services in the period 2011-2015
Unit: Million VND
3500
3000
2500
2000
1500
1000
500
0
687
1023
1547
2267
3104
2011 2012 2013 2014 2015
Net income from card services
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
Through chart 2.6, it can be seen that BIDV Tien Giangs card service income is constantly growing because the Branch focuses on developing businesses operating in industrial parks, which are the source of customers for salary payment products, ATMs, BSMS. Specifically, there are companies such as Freeview, Quang Viet, Dai Thanh, which are businesses with a large number of card openings at the Branch, contributing to the increase in card service fees [25].
Table 2.6. Number of ATMs and POS machines in 2015 of some banks in Tien Giang area.
Unit: Machine
STT
Bank name
Number of ATMs
Cumulative number of ATM cards
POS machine
1
BIDV Tien Giang
23
97,095
22
2
BIDV My Tho
7
21,325
0
3
Agribank Tien Giang
29
115,743
77
4
Vietinbank Tien Giang
16
100,052
54
5
Dong A Tien Giang
26
97,536
11
6
Sacombank Tien Giang
24
88,513
27
7
Vietcombank Tien Giang
15
61,607
96
8
Vietinbank - Tay Tien Giang Branch
6
46,042
38
(Source: 2015 Banking Activity Data Report of the General and Internal Control Department of the Provincial State Bank [21])
Through table 2.6, the author finds that the number of ATMs of BIDV Tien Giang is not much, ranking fourth after Agribank Tien Giang, Dong A Tien Giang, Sacombank Tien Giang. The number of POS machines of BIDV Tien Giang is very small, only higher than Dong A Tien Giang and BIDV My Tho in the initial stages of merging the BIDV system. Besides, BIDV Tien Giang has a high number of cards increasing over the years (table 2.7) but the cumulative number of cards issued up to December 31, 2015 is still relatively low compared to Agribank, Vietcombank, Dong A (table 2.6).
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div.maincontent .s40 { color: black; font-family:Times New Roman, serif; font-style: normal; fo](https://tailieuthamkhao.com/uploads/2022/06/06/dich-vu-phi-tin-dung-tai-ngan-hang-thuong-mai-co-phan-dau-tu-va-phat-8-1-120x90.png)
Pre-tax Profit of Bidv Tien Giang in the Period 2011-2015
zt2i3t4l5ee
zt2a3gsnon-credit services, joint stock commercial bank
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At that time, the Branch had to set aside a provision for credit risks, which reduced the Branch's income.
Chart 2.2. Pre-tax profit of BIDV Tien Giang in the period 2011-2015
Unit: Billion VND
140
120
100
80
60
40
20
0
63.3
80.34
89.29
110.08
131.99
2011 2012 2013 2014 2015
Profit before tax
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
However, through chart 2.2, it can be seen that BIDV Tien Giang's profit is still increasing continuously, and its operating efficiency is currently leaking. This is a contribution of non-credit services, and this service segment will be increasingly focused on growth by BIDV Tien Giang to ensure the highest profit safety because credit activities have many potential risks. At the same time, focusing on developing non-credit services is consistent with one of the contents of restructuring the financial activities of credit institutions in the project "Restructuring the system of credit institutions in the period 2011-2015" approved by the Prime Minister in Decision No. 254/QD-TTg dated March 1, 2012 [14]: "Gradually shifting the business model of commercial banks towards reducing dependence on credit activities and increasing income from non-credit services".
2.2. Current status of non-credit service development at BIDV Tien Giang.
2.2.1. BIDV Tien Giang has deployed the development of non-credit services in recent times.
Along with the development of the Head Office, BIDV Tien Giang's products and services are constantly improved and deployed in a diverse manner to ensure provision for many different customer groups in the area: individual customers, corporate customers, and financial institutions. Typical services are as follows: Payment services, treasury services, guarantee services, card services, trade finance, other services: Western Union, insurance commissions, consulting services, foreign exchange derivatives trading, e-banking services,...
2.2.1.1. Payment services:
In accordance with the Prime Minister's Project to promote non-cash payments in Vietnam [15], banks in Tien Giang province have continuously developed payment services to reduce customers' cash usage habits through card services and electronic banking services such as: salary payment through accounts, focusing on developing card acceptance points, developing multi-purpose cards, paying social insurance by transfer, paying bills through banks, etc.
Chart 2.3. Net income from payment services in the period 2011-2015
Unit: Million VND
6000
5000
4000
3000
2000
1000
0
3922 4065
4720 5084 5324
2011 2012 2013 2014 2015
Net income from payment services
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
Along with the technological development of the entire system, BIDV Tien Giang has a payment system with a fairly stable transaction processing speed, bringing many conveniences to customers. The results of observing chart 2.3 show that the income from payment services that the Branch has achieved has grown over the years but the speed is not high and the products are not outstanding compared to other banks. Domestic payment products such as: Online bill payment, electricity bills, water bills, insurance premiums, cable TV bills, telecommunications fees, airline tickets, etc. bring many conveniences to customers. Regarding international payment, this is an indispensable activity for foreign economic activities, BIDV Tien Giang is providing international payment methods for small enterprises producing agriculture, aquatic food and seafood that have credit relationships with banks in industrial parks in Tien Giang province such as: money transfer, collection, L/C payment.
2.2.1.2. Treasury services:
BIDV Tien Giang always focuses on ensuring treasury safety and currency security, always complies with legal regulations, and minimizes risks in operations such as: counting and collecting money from customers, receiving and delivering internal transactions, collecting from the State Bank (SBV) or other credit institutions, receiving ATM funds, bundling money, etc. BIDV Tien Giang's treasury service management department is always fully equipped with modern machinery and equipment such as: money transport vehicles, fire prevention tools, money counters, money detectors, magnifying glasses, etc. to ensure absolute safety in treasury operations, immediately identifying real and fake money and other risks that may affect people and assets of the bank and customers. In addition, implementing regulation 2480/QC dated October 28, 2008 between the State Bank of Tien Giang province and the Provincial Police on coordination in the fight against counterfeit money, in the 3-year review of implementation, BIDV Tien Giang discovered, seized and submitted to the State Bank of Tien Giang province 475 banknotes of various denominations and was commended by the Provincial Police and the State Bank of Tien Giang province [17].
Chart 2.4. Net income from treasury services in the period 2011-2015
Unit: Million VND
350
300
250
200
150
100
50
0
105 122
309 289 279
2011 2012 2013 2014 2015
Net income from treasury services
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
However, as shown in Figure 2.4, income from treasury operations is not high and fluctuates. Specifically, in the period 2011-2013, net income increased and increased most sharply in 2013, then in the period 2013-2015, there was a downward trend. This fluctuation is due to the fact that fees collected from treasury services are often very low and can even be waived to attract customers to use other services.
2.2.1.3. Guarantee and trade finance services:
BIDV Tien Giang, thanks to the advantages of the province and the favorable location of the Branch, has continuously focused on developing income from guarantee services and trade finance.
Chart 2.5. Net income from guarantee and trade finance services in the period 2011-2015
Unit: Million VND
14000
12000
10000
8000
6000
4000
2000
0
5193 5695
2742 3420
8889
3992
11604 12206
5143 5312
2011 2012 2013 2014 2015
Net income from guarantee services Net income from Trade Finance
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
Through chart 2.5, we can see that BIDV Tien Giang's income from guarantee services and trade finance has grown over the years. The reason is: Among BIDV Tien Giang's corporate customers, the construction industry is the industry with the highest proportion of customers after the trading industry, this is a group of customers with potential to develop guarantee services. The second group of customers is corporate customers in the fields of agricultural production, livestock and seafood processing with high import and export turnover in the area.
are the target of trade finance development. In addition, BIDV Tien Giang also focuses on continuously developing these customer groups to increase revenue for many other products and services in the future.
2.2.1.4. Card and POS services:
As a service that BIDV Tien Giang has recently developed strongly, it can be said that this is a very potential market and has the ability to develop even more strongly in the future. Card services with outstanding advantages such as fast payment time, wide payment range, quite safe, effective and suitable for the integration trend and the Project to promote non-cash payments in Vietnam. Cards have become a modern and popular payment tool. BIDV Tien Giang early identified that developing card services is to expand the market to people in society, create capital mobilized from card-opened accounts, contribute to diversifying banking activities, enhance the image of the bank, bring the BIDV Tien Giang brand to people as quickly and easily as possible. BIDV Tien Giang is currently providing card types such as: credit cards (BIDV MasterCard Platinum, BIDV Visa Gold Precious, BIDV Visa Manchester United, BIDV Visa Classic), international debit cards (BIDV Ready Card, BIDV Manu Debit Card), domestic debit cards (BIDV Harmony Card, BIDV eTrans Card, BIDV Moving Card, BIDV-Lingo Co-branded Card, BIDV-Co.opmart Co-branded Card). These cards can be paid via POS/EDC or on the ATM system. In addition, with debit cards, customers can not only withdraw money via ATMs but also perform utilities such as mobile top-up, online payment, money transfer,... through electronic banking services.
In order to attract customers with card services, BIDV Tien Giang has continuously increased the installation of ATMs. As of December 31, 2015, BIDV Tien Giang has 23 ATMs combined with 7 ATMs in the same system of BIDV My Tho, so the number of ATMs is quite large, especially in the center of My Tho City, but is not yet fully present in the districts. Basic services on ATMs such as withdrawing money, checking balances, printing short statements,... BIDV ATMs accept cards from banks in the system.
Banknetvn and Smartlink, cards branded by international card organizations Union Pay (CUP), VISA, MasterCard and cards of banks in the Asian Payment Network. From here, cardholders can make bill payments for themselves or others at ATMs, by simply entering the subscriber number or customer code, booking code that service providers notify and make bill payments.
Chart 2.6. Net income from card services in the period 2011-2015
Unit: Million VND
3500
3000
2500
2000
1500
1000
500
0
687
1023
1547
2267
3104
2011 2012 2013 2014 2015
Net income from card services
(Source: Report on the implementation of the annual business plan of the General Planning Department of BIDV Tien Giang [24])
Through chart 2.6, it can be seen that BIDV Tien Giang's card service income is constantly growing because the Branch focuses on developing businesses operating in industrial parks, which are the source of customers for salary payment products, ATMs, BSMS. Specifically, there are companies such as Freeview, Quang Viet, Dai Thanh, which are businesses with a large number of card openings at the Branch, contributing to the increase in card service fees [25].
Table 2.6. Number of ATMs and POS machines in 2015 of some banks in Tien Giang area.
Unit: Machine
STT
Bank name
Number of ATMs
Cumulative number of ATM cards
POS machine
1
BIDV Tien Giang
23
97,095
22
2
BIDV My Tho
7
21,325
0
3
Agribank Tien Giang
29
115,743
77
4
Vietinbank Tien Giang
16
100,052
54
5
Dong A Tien Giang
26
97,536
11
6
Sacombank Tien Giang
24
88,513
27
7
Vietcombank Tien Giang
15
61,607
96
8
Vietinbank - Tay Tien Giang Branch
6
46,042
38
(Source: 2015 Banking Activity Data Report of the General and Internal Control Department of the Provincial State Bank [21])
Through table 2.6, the author finds that the number of ATMs of BIDV Tien Giang is not much, ranking fourth after Agribank Tien Giang, Dong A Tien Giang, Sacombank Tien Giang. The number of POS machines of BIDV Tien Giang is very small, only higher than Dong A Tien Giang and BIDV My Tho in the initial stages of merging the BIDV system. Besides, BIDV Tien Giang has a high number of cards increasing over the years (table 2.7) but the cumulative number of cards issued up to December 31, 2015 is still relatively low compared to Agribank, Vietcombank, Dong A (table 2.6).
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Source: Thanh Hoa Province Agricultural Development Plan and author's estimate Based on the demand for internal consumption purposes and raw materials for processing, based on forecasts on the ability to apply technical advances, on the ability to provide human and material resources for development, by 2015 the whole province will have 30,000 hectares of food vegetables and fruits, with an average yield of 125 quintals/ha; the output will be over 3,770 thousand tons; by 2020 the whole province will have about 32,000 hectares of food vegetables and fruits, with an average yield of 130 quintals/ha; the output will be over
4,200 thousand tons.
Although not the main vegetable producing areas, coastal districts are important areas for producing vegetables and food to supply urban areas and industrial parks of the province, the area of this area accounts for about 29 - 31% of the whole province.
In addition, coastal districts need to focus on investing in building a number of concentrated and specialized vegetable production areas. According to the province's policy, in the coming years 2015-2020, the province will develop concentrated and specialized vegetable production areas in the delta and coastal districts, especially in the areas surrounding urban areas and industrial parks.