1.2.2 On the hotel side:
- Know the number of guests at a specific time in the future
- Visualize future workload to arrange personnel, assign work and organize department activities effectively.
- Offer room rates suitable for each time (busy or quiet)
Maybe you are interested!
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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 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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Monitoring Report Based on Approved Plan Item: Operation Management Area of Song Bung 4 Hydropower Plant -
Planning and Implementing the Investment Plan for Exploiting Khmer Cultural Tourism in Tra Vinh in Specific Phases with the Participation of Society and Government -
Completing the socio-economic development plan of Long Bien district, Hanoi city until 2015 - 11 -
Collection of European Self-Proofing Documents
- Plan to welcome and serve guests thoughtfully (serve cool drinks, welcome drinks, give flowers, place congratulatory letters...)
- Proactively welcome guests and ensure rooms are available for guests on the day of their arrival.

- Maximize room capacity and room revenue.
- Establish effective business and marketing policies without spending much time and money
- Timely addition of services
- Satisfy customer needs
- Room occupancy forecast
Total rooms sold
Room occupancy = x 100%
Total rooms available
In there :
- Total rooms sold: Number of rooms sold.
- Total rooms available: Total number of rooms available for rent.
2. Types of chambers
2.1 Room classes
2.1.1. Room classification criteria:
- Location, architecture and room area
- Spatial position compared to the outside landscape
- Additional services in room
- Comfortable equipment in the room
2.1.2. Purpose of room classification:
- Helps sales staff distinguish the difference in rooms and additional services between room classes when receiving room booking requests.
- Helps sales staff advise guests on choosing the right room type and increases hotel profits by encouraging guests to use rooms with higher prices than the room type they originally intended to book.
2.1.3. Room categories:
* Standard chamber (STD: Standard):
- Has basic facilities corresponding to the hotel's class
- The room area is usually the smallest of all room classes and has the minimum price of that hotel class.
- Unfavorable location, little beautiful scenery outside and close to public areas such as: elevator, canteen, etc.
* Superior cabin (SUP):
- More comfortable facilities, additional services provided in the room
- Has a pretty nice view
* Deluxe room (DLX):
- Fully equipped, modern; more luxurious furniture.
- There are some differences such as: larger bathtub, placing more gifts such as: flower baskets, fruits, chocolates, light wine or having facilities for business guests
- Located in places with beautiful views
* Special Room / Suite Room (Ste):
- Fully furnished with high-end amenities, including two or more rooms, usually with a bedroom and a guest area
- Usually for luxury guests and located on high floors
- Divided into many types such as: luxury Suite room, first class Suite room, special Suite room
* Presidential Suite:
- Occupying a very small proportion, hotels usually only have 1-2 rooms reserved for VIP guests such as state officials, heads of state, high-ranking foreign officials, etc.
- The naming of a special chamber is a unique feature of this type of chamber compared to other types of chambers.
- Guests staying in this room are served breakfast in their room or in the lobby on the VIP floor.
- The room facilities are of the most modern type, in addition there is a wine cabinet, fresh flowers, free fruit in the room.
2.2 Types of chambers
2.2.1. Single room (SGL):
- Room area is 9 m2, of which bathroom area is 4 m2
- Equipment for 1 guest
2.2.2. Double room (DBL):
- Room area is 18 m2, of which bathroom area is 4 m2
- Facilities for 2 guests
2.2.3. Double-double room:
- A room for 4 people to sleep, called a quad room or family room
- Facilities for 4 guests
2.2.4. Twin room (TWN: Twin room):
- Room area is 18 m2, of which bathroom area is 4 m2
- Facilities for 2 guests
2.2.5. Triple room (TPL):
- Total area (bedroom + bathroom) is 28 m2
- Equipment is the same as double room but some additional items are needed for 3 guests.
2.2.6. Suite Room (Ste):
- Minimum total area (one bedroom + one living room) is 30 m2
2.2.7. Apartment:
- Minimum total area is 42m2
- There is a living room, bedroom, bathroom, small kitchen with full equipment for family activities.
- Serves family travelers and is often located on the upper floors of the hotel.
2.3 Types of beds
2.3.1. King-size bed:
- Is a bed for one or two people, with average size: 1.8m x 2.2m
2.3.2. Queen-size bed (Q):
- A bed for one or two people, with an average size: 1.8m x 2.0m
2.3.3. Single bed (S: Single bed):
- Is a bed for one person, with average size: 1.0m x 1.9m
2.3.4. Double bed (D: Double bed):
- Is a bed for one or two people, with an average size: 1.35m x 1.9m
2.3.5. Extra bed:
- An extra bed (usually a single bed) placed in a guest room when requested by the guest and the guest must pay an extra fee.
2.3.6. Baby cot:
- Is it a bed for children or a crib?
- Free for guests staying at the hotel
3. Room rate types
3.1 Accommodation rates
3.1.1 European Plan Room Rate (EP=European Plan): This rate only includes a bedroom, without meals.
3.1.2. Continental room rate (CP=Continental Plan): Is the rate that includes a bedroom and one breakfast.
3.1.3. Modified American Plan / Half Board: Is a rate that includes a bedroom and two meals a day: breakfast and lunch or breakfast and dinner - also known as “half board”
3.1.4. American Plan/Full Board Room Rate (AP=American Plan/Full Board): This rate includes a bedroom and 3 main meals a day (all inclusive).
3.2 Specific room rates (44)
3.2.1. "Standard" price Published price (Rack rate):
- The highest room rates are printed in brochures offered to customers or for advertising.
- This price includes VAT + service charge
- Price is determined by the board of directors.
- This price is applied seasonally (peak and low season)
- During peak season, when room occupancy rates are at their highest, the hotel will apply this published price to sell to guests.
3.2.2. Corporate rate:
- Special price for business customers.
- The price has been agreed directly between the hotel management and the travel office of the affiliated company.
- The hotel agrees to provide this person with a luxury room but only charges the standard room rate.
3.2.3. Group / Tour rate:
- Special rates for groups or tour groups.
- This price is agreed upon in advance by the hotel manager and tour operator or booking agent.
- Hotel management decides the price based on the number of rooms booked, time (when there are many or few guests, etc.)
- Price lower than published price
Hotels usually pay the travel agent who booked the room a certain commission rate.
3.2.4. Discounted rate:
- In addition to discounts for travel agencies and airline employees, hotels also offer special rates or incentive rates to boost business.
* For example, hotels may offer “two for one” rates; “stay 3 nights, pay for 2” or “rent 4 rooms, get one free”
- Unscheduled rates are used to increase room occupancy during low periods such as weekends. These rates are usually only available for a short period of time and often include breakfast.
3.2.5. Seasonal rate:
- This price allows for a package that includes room rates, meals and seasonal entertainment during major holidays, such as Tet or in the cold winter.
3.2.6. Children's rate:
- Child rates are usually applied to the room rates of both parents.
- Children over 12 years old must pay the price of an extra bed. Children under that age are considered free when sharing a room with their parents.
- The purpose of this pricing policy is to encourage the whole family to travel and stay at the hotel.
3.2.7. Day-use rate:
- The hotel charges half price for guests who need to rent a room for less than a full day. For example: from 12 noon to 6 pm
3.3 Taxes and service charges
3.3.1. Explanation of how to write room rates:
- The prices listed may be net, meaning that government taxes (value added tax -VAT) and service charges are included in the room rate.
- Prices marked “++” mean that tax (10%) and service charge (5%) will be added to the room rate.
3.3.2. How to calculate room rate “++”:
- Service fee = Room rate x 5%
- VAT = (Room price + Service charge) x 10%
- Room rate to be paid by guest = Room rate + VAT + Service charge
4. Room booking sources
4.1. Individual guests
- Usually, guests call, send letters, or emails to the hotel directly to request a room reservation.
4.2. Tour groups
- Usually a certain number of guests
- These reservations are usually formal contracts and occupy a certain number of bedrooms per week at the hotel.
- This type of contract is usually signed in advance for the whole year.
4.3. Tour operator / Travel agents:
- Usually book rooms for guests traveling in groups (GIT-Group Inclusive Tour)
- Also book rooms for FIT-Free Independent Traveler, especially for foreign guests.
4.4. Corporate business:
- Usually contracts, agreements with a special price for a certain number of rooms per night, per week
- Popular with companies that regularly need a certain number of rooms at a hotel.
4.5. Property to property reservations: (47)
- Usually between hotels within the same group
- Applicable for guests who need to book a room for their next trip at another hotel in the group from the hotel they are staying at.
4.6. Societies/Special activity groups/Conference organizers:
- Usually group bookings with special requests (e.g. meeting room booking with bedroom request)
- This type of contract is usually signed at least a year or more in advance for large conferences (more than 1000 delegates)
4.7. Airlines:
- Often sign a special contract with the hotel to provide accommodation for the crew between flights
- This type of contract includes a certain number of rooms per night/per week and is often significantly discounted.
4.8. Central Booking Office/ Central Reservation Office:
- Handle reservations for all hotels in the chain/group
- Reservation requests are made directly to the designated reservation phone number at many locations for local call charges only, or toll-free numbers as the hotel company will pay for the customer call.
4. 9. Global Distribution System (GDS):
- Owned by airlines, starting with ticketing departments
- Hotels must register with the system and upload vacant rooms into the computer system so that customers can purchase the number of rooms they require.
4.10 Global Distribution System (GDS):
Active brands of the global distribution system: Gallileo, Sabre, Apollo, Amadeus, Worldspan, System One.
4.11 Internet / Website Network:
- Allows customers to check hotel availability along with rates and make online reservations by visiting the hotel website.
- Through their websites, travel agents often provide a list of hotels for free or introduce discounts for hotels. When customers visit that website to book a room, the hotel must provide a commission to these travel agents.
4.12 Hotel Reservations Agencies:
- Has a similar role to a reservation center but represents small hotels or small hotel groups (e.g. Utell- www.utell.com)
4.13 Tourist Offices:
- Often book rooms for visitors to certain tourist attractions (cities or resorts)
- Of particular value to small, independent hotels
5. Methods of receiving room reservation requests
5.1 In person:
- Receive room reservation requests face-to-face (at the reception desk)
- Information exchange has agreement and interaction
- This form of room booking is popular with transient and single guests.
- Requires receptionists to have good communication skills create a good impression on guests guests agree to book a room
5.2 By telephone:
- Receive room reservation requests by phone (usually by a secondary reservationist)
blame)
- Information exchange has agreement and interaction
- Reservation/reception staff are required to have effective telephone communication skills.
result create a good impression on the guest guest agrees to book a room
5.3 In writing:
5.3.1 By letter:
- This is a very popular form of room booking with tourist groups, group travelers and conference guests.

![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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