Giang said: “ With each different object, there must be a different way of behaving, my child. For example, old men, they are just like your grandfathers, so you have to tell the truth so they can buy, why would you dare to challenge old men? Or students like you and my child who come here to study also have to save every penny, so how can they have money. Even if you challenge them, they still can't buy, so why challenge them? Just say a reasonable price with a little profit and we will sell. As for young people or those who study and look rich and powerful, you have to challenge them. Because it's not the money they worked hard to earn, so why would they be stingy? In general, each person is different, old women are different, middle-aged people are different, depending on each person. Or like 45-50 year old men, it's true that when they bargain from the ground up, you have to raise the price so they can negotiate, but if people like that tell the price close to the price, they will pay less than the capital, so where can they get the money to sell? In general, the wind blows in the direction that it blows .
Photo taken on Ba Trieu street
Selling as many goods as possible at the most profitable price is the top priority of street vendors. Therefore, they often have different ways of behaving with each type of customer. With good, gentle people, they often behave gently and politely. With
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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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Theoretical Basis of Lending to Corporate Customers at Commercial Banks -
Research on factors affecting the decision to purchase gypsum board of Huy An private trading enterprise from institutional customers in Ho Chi Minh City - 13 -
Assessing the level of satisfaction of individual customers with savings deposit services at Saigon Commercial Joint Stock Bank SCB - Ninh Kieu Branch - 13 -
Current Status of Cooperation Between School, Family, and Society in Educating Children Through Student Activities
Terrible people are often tactful and humble. With bad people like thieves and drug addicts, they often try to avoid or give up, losing some of their goods rather than losing everything. Arguing with customers is sometimes a self-defense mechanism that street vendors learn in their life of making a living by selling on the street.
In addition, we also studied how vendors behave when encountering difficult customers or when sales are slow. The research results show that the majority of vendors (56.2%) choose to politely and patiently invite customers. According to them, if they are polite and patient, they may calm down and buy for them. 27.2% of vendors choose to ignore or walk away. (chart 3.16)

Chart 3.16: How to behave when meeting difficult customers or when there is no sales
3.0%
19.5%
7.7%
13.6%
56.2%
Arguing with guests
ignore
Leave
Burning soul
Politely and patiently invite guests
0% 10% 20% 30% 40% 50% 60%
The above figures show us that when meeting difficult customers, depending on the situation, street vendors may show one attitude or another, but most of them choose to act gently, not to offend customers and somewhat suffer for themselves.
When I meet a picky buyer who keeps placing orders and choosing too many, I feel annoyed because it destroys all my products, but I still have to be gentle and say tactfully that I will choose the fruit I like, but if I show an attitude, they will be upset and may even scold me (female, fruit seller on Vinh Phuc street).
However, not all street vendors behave well when meeting difficult customers, with 3.0% of vendors
arguing with guests. This is
The reason is that the personalities and temperaments of street vendors are different, as well as the qualities of street vendors are different. Second, the experience of trading has taught them how to behave.
For cases where customers have words or attitudes that offend them... Burning the soul, this is the phenomenon of street vendors burning paper, waving it around their stall to ward off bad luck when there are no customers or there are difficult customers. In our study, only 13.6% of street vendors chose the solution of burning the soul, hoping for good luck.
Not only do street vendors have the skills to deal with customers, they also have the ability to deal with bans and police raids to seize their goods. When we found out why street vendors still sell on some banned streets when the ban on street vending was officially implemented, they all said that they had no work in their hometowns, but seeing that everyone else was still selling, they came back, as Ms. Duong Thi H said: "Implementing the State's policy, we went back to find work, but seeing that some of the women who were able to go back home were spreading the word, we invited each other to come back... "
When the police are working, I just avoid going, just go past or late when the police are working. I go to other streets to sell and come back a little later, maybe the police will come back at 7pm, so I come back later, around 8pm (Pham Van T, 21 years old, selling clothes)
Along with the ban on street vending on some streets and historical sites, the police's crackdown on street vending has also become tighter and more severe. But as we can see, street vending still happens on many streets, and even on streets where street vending is prohibited, street vending can still stand and sell at certain times.
This shows that street vendors are able to cope with the ban and police raids, they know the police inspection hours and go during the hours when they are not inspected by the police.
Through studying the behavioral skills of street vendors and their ability to cope with the ban, we found that most street vendors have more or less experience in recognizing each type of customer and know how to behave flexibly with each type of customer.
Chapter 3 Summary
The results of the practical research have given us a fairly complete portrait of rural street vendors in Hanoi. The social characteristics of the individuals show that they come from many different hometowns such as Hung Yen, Nam Ha, Nam Dinh, Bac Giang, Thanh Hoa..., with low education levels, so for them, street vending is suitable. The items they sell are often very diverse, such as: flowers/fruits, books/lottery tickets, food, vegetables, ceramics, clothes... Street vending is a hard job but the income is not high compared to other jobs in society. Street vendors have to spend very frugally on food and accommodation to be able to send money back home to help their families.
The psychological characteristics that we analyzed in this study show that the reason why rural people go to the city to sell goods is for economic reasons. For the purpose of making money, most street vendors do not have the need to visit or entertain - a need for themselves, but only the need to connect and share with their families in the countryside. Most street vendors perceive their work as meaningful and convenient for the people of Hanoi. They perceive that street vending also brings beauty to the capital, but this work also has negative effects on the aesthetics of the streets and urban traffic. There are prominent differences in personality between male and female street vendors, in which women are often more skillful and have more charm in selling goods, while men are more sluggish, hot-tempered, and slow-witted. Street vendors have concerns when they are away from home: They are afraid of wasting their remittances, they are worried about their health, about temptations and falling into the city, they are afraid of being robbed, afraid of accidents, afraid of being arrested by the police. However, most of them are satisfied with the income from street vending. Typical characteristics of street vendors are hard-working, diligent, skillful and wise. Most street vendors are able to recognize customers, respond to the handling of police/management officers. All research results in chapter 3 on these issues
The social and psychological characteristics of street vendors allow us to confirm the hypothesis of the research topic. Firstly, street vendors come to Hanoi to make a living mainly for economic reasons. Secondly, the higher the income of street vendors, the more satisfied they are with their work. Thirdly, most street vendors have typical characteristics of being hard-working, patient, skillful and wise. Based on the results obtained from the questionnaire, in-depth interviews, and case studies, we have a comprehensive view of street vendor migrants in Hanoi and from there draw conclusions and recommendations.
1. Conclusion
CONCLUSION AND RECOMMENDATIONS
Research on street vendors on the streets of Hanoi is a topic of both theoretical and practical significance. This topic contributes to supplementing and enriching studies on economic migration, studies on the street vendor situation in Hanoi and studies related to sociology, psychology, gender, etc. On the other hand, the research results of the topic will be the basis for policy makers to propose measures and ways to help and manage street vendors better. Through research on 328 people, we draw the following conclusions:
1.1. The street vendors are all essential, easy-to-consume items that meet the needs of people in Hanoi such as: food (sticky rice, bread, banh khuc, green rice flakes, spring rolls, etc.), vegetables, flowers and fruits, groceries (key chains, lighters, personal items, etc.), clothing, plastic goods, books, newspapers/lottery tickets. The street vendors' work is quite hard, but their average income is quite low (1,000,000 - 1,500,000 VND/month) while they have to wake up very early and often go to bed quite late, some others have to sell at night.
1.2. The main reason that motivates farmers to go to Hanoi to sell their goods is because of economic difficulties and they need money to cover their living expenses. Their regular contact is chatting and sharing with sellers in the same village, same profession and with their families in the countryside. Almost all street vendors do not care about personal entertainment needs or any activities other than street selling.
1.3. Street vendors realize that street vending is a profession and this job is very meaningful to the people of Hanoi, because it brings
convenience, on-site service, easy to choose. However, for them this is not a stable job because street vending is very erratic. Especially since the ban on street vending on some streets, they feel that street vending has become more difficult.
1.4. There are differences in personality and style of behavior between male and female street vendors. Women are seen as more hardworking and skillful than men, they are more popular with customers and have more charm in selling. Male vendors are often more honest, slow-witted, slow-witted, and have a hot temper, not as gentle as women.
1.5. The typical personality traits of street vendors are diligence, hard work, dexterity and cleverness. These characteristics help them to earn a living as street vendors and make their work smooth.
1.6. The mood of street vendors is expressed very differently depending on each situation, which is the anxiety when being away from home; the anxiety when going on the street to sell, fear of being robbed, fear of traffic accidents, declining health; and the illegality of the street vendor's residence, fear of being arrested by the police...
1.7. Most street vendors are able to recognize customers and deal with police/management. Most of them are satisfied with their jobs and those with higher incomes are more satisfied with their jobs. Although they are always aware that street vending is a very hard and unsafe job.
2. Recommendations
The research results obtained allow us to draw the following recommendations:
2.1. Our research shows that street vendors are still not very conscious in selling their goods. Therefore, the authorities need to help
Street vendors should raise awareness of building a civilized lifestyle on the streets where they are allowed to sell. On the other hand, street vendors need to be responsible for ensuring street hygiene, and must know how to protect themselves.
2.2. Our research shows that while in rural areas, where arable land is limited and there are no side jobs, farmers still have to survive and develop. On the other hand, the food needs of Hanoians still need the supply of goods from street vendors, so the phenomenon of street vending cannot be ended overnight. Should the market management board set aside a certain area in the market for street vendors to sell and charge a fee by day or by session to both ensure the rights of street vendors and ensure security and order?
2.3. Research shows that most street vendors do not register for temporary residence. This affects security, order and the issue of ensuring rights and obligations for street vendors. Therefore, it is necessary to require street vendors in particular and migrants in general to register for temporary residence to manage population, ensure security, order and safety for themselves.

![Pre-tax Profit of Bidv Tien Giang in the Period 2011-2015
zt2i3t4l5ee
zt2a3gsnon-credit services, joint stock commercial bank
zt2a3ge
zc2o3n4t5e6n7ts
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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