consumers, building advanced shopping habits thanks to e-commerce applications such as: online shopping week, prestigious e-commerce website voting program, etc.
Deploy activities to introduce e-commerce applications in each production and service sector such as agriculture, aquaculture, mechanics, electronics, distribution, advertising, tourism, and entertainment; focus on promoting typical successful enterprises in applying and providing e-commerce services.
Develop training programs for economic managers at the central and local levels and in-depth training programs for staff specializing in e-commerce.
Disseminate and propagate the benefits and skills of applying e-commerce to businesses and consumers in key manufacturing and service sectors; promote typical successful businesses in applying e-commerce services.
Promote the dissemination of knowledge about electronic payments; raise awareness to change payment behavior through advocacy, dissemination to card users, payment acceptance units, and enhance skills training for staff providing electronic payment services.
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Pre-tax Profit of Bidv Tien Giang in the Period 2011-2015
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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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Directions for Improving State Management of Tourism Activities in Dak Nong Province -
Current Status of State Management Activities for Tourism Enterprises in Hanoi -
Indicators for Evaluating Business Sales Activities -
Factors Affecting the Training Activities to Improve State Administrative Management Capacity for Secondary School Principals of the Department of Education -
In order to protect the legitimate interests of manufacturers as well as the legitimate rights of consumers, contributing to the stability of e-commerce business activities, in recent times, the Market Management Department has always focused on inspection and control in this field.
The unit promotes propaganda and dissemination of laws in e-commerce activities; coordinates with functional forces in sharing and exchanging information to promptly combat, prevent and handle violations in the field of e-commerce in the area...

3.3.6. Perfecting the State management apparatus for sales activities through e-commerce trading floors
3.3.6.1. Inspection and examination of compliance with laws on e-commerce
In the coming time, it is necessary to promote inspection activities and increase the frequency of inspections on e-commerce with the following main contents:
First: inspect the provision of information on the sales website: Information about the merchant/website owner;
Information on goods, services, transaction conditions, dispute resolution procedures and compensation for damages; Information on cases where consumers have the right to cancel or modify agreements on the sales website; Payment methods, prices, shipping and delivery... Information on instructions for concluding contracts online;
57
Ensuring consumers' ability to store and reproduce information about contract terms.
Second, inspect the conclusion of contracts on the electronic sales information page, the inspection content includes: The process of concluding contracts between traders and customers on the electronic sales information page; The mechanism allowing customers to review, supplement, modify and confirm the transaction content before using the online ordering function to execute the contract; The information provided in response to the customer's request to conclude a contract; The division of responsibilities between the trader and the website owner in the process of concluding a contract with the customer (in case the trader selling goods is different from the website owner); The time limit for responding to the customer's request to conclude a contract.
Third, inspect the use of electronic signatures in e-commerce activities, the inspection content includes: applying for digital certificates; whether the use of digital signatures is in accordance with legal regulations or not.
Fourth, inspect the collection, protection and use of personal information in e-commerce activities. The inspection contents include: the purpose and activities of collecting personal information of enterprises; policies on protecting customers' personal information; and asking for customers' consent before collecting and using personal information.
Fifth, inspect the settlement of customer disputes and complaints, including the following contents: Number of customer disputes and complaints related to e-commerce transactions; Number of resolved cases, level of compensation for damages; Number of outstanding cases, reasons.
3.3.6.2. Establishment of specialized e-commerce inspectorate
The practice of implementing e-commerce in the recent period shows that up to now, there has not been a specialized unit to carry out inspection work in the field of e-commerce. Currently, the Department of E-commerce and Information Technology under the Ministry of Industry and Trade must coordinate with the inspectorate of the Ministry of Information and Communications to carry out inspection in this field. Therefore, in the coming time, it is necessary to quickly establish an E-commerce Inspection Board under the Department of E-commerce and Information Technology to directly carry out specialized inspection activities on e-commerce.
At the local level, it is urgent to establish a specialized department on e-commerce under the Department of Industry and Trade of the provinces. This department is responsible for directly inspecting and supervising e-commerce activities in the locality.
3.4. Issues that need further research
The topic only stops at the theoretical and practical research perspective, from which it provides assessments and solutions to improve and enhance the effectiveness of State management of sales activities through e-commerce trading floors in Vietnam, and cannot cover all the issues raised.
Firstly, the thesis has not yet proposed specific indicators to comprehensively evaluate the state management activities for sales activities through e-commerce trading floors in Vietnam, but only through mechanisms and policies to evaluate the current state management status for sales activities through e-commerce trading floors.
Second, the above studies have not yet provided a specific method to evaluate the content of State management for sales activities through e-commerce trading floors.
Third, up to now, the conditions of the international environment, the national environment as well as the new trends of e-commerce have changed a lot along with the general development of science, technology and the world economy. Therefore, sales activities through e-commerce trading floors are also affected, the impacts of State management on sales through e-commerce trading floors also need to be considered in the new conditions.
Third, the above studies have not yet provided a specific method to evaluate the content of State management for sales activities through e-commerce trading floors.
CONCLUDE
The thesis content: " State management of sales activities through e-commerce trading floors in Vietnam " has partly met the needs of both theory and practice in State management of sales activities through e-commerce trading floors in Vietnam. Within the limited scope of research, the thesis has achieved the following objectives:
Firstly, systematize basic theoretical issues on State management of sales activities through e-commerce trading floors in Vietnam such as concepts, objectives, and contents of State management of sales activities through e-commerce trading floors.
Second, analyze the current state management of sales activities through e-commerce trading floors in Vietnam in the recent period and the development trend of e-commerce in the world. The thesis evaluates the implementation of state management contents for sales activities through e-commerce trading floors in Vietnam to clearly state the achievements and shortcomings that need to be overcome in state management of sales activities through e-commerce trading floors.
Third, propose a number of solutions to improve and enhance the effectiveness of state management of sales activities through e-commerce trading floors, the main solutions include:
(i) Develop a national e-commerce development strategy to create long-term orientations for e-commerce development in Vietnam, thereby developing sales activities through e-commerce trading floors.
(ii) Perfecting e-commerce policies such as: trader policy; tax policy in e-commerce; consumer protection policy; human resource creation policy.
(iii) Perfecting the law on e-commerce, focusing on the contents that regulate the State's management subjects on sales activities through e-commerce trading floors.
(iv) Strengthen training activities on e-commerce, recognize e-commerce as an official major in the national education system.
(v) Strengthen inspection and examination activities on e-commerce, establish specialized inspectors on e-commerce
Besides the achieved goals, the thesis has not been able to provide specific criteria and methods to evaluate the State management activities for sales activities through the floors.
E-commerce transactions cannot be evaluated comprehensively in the context of many market changes.
The research content and framework are quite broad while the level is limited, so it is difficult to avoid shortcomings. We look forward to receiving contributions from teachers to make the thesis more complete.
Once again, I would like to thank the help of the School, the instructors and the internship unit that helped me complete this graduation thesis.
Thank you very much!
REFERENCES
Vietnamese documents
1. Ha Van Su (2021), Principles of Economic Management, Hanoi Publishing House.
2. Than Danh Phuc (2011), Textbook of State Management on Vietnamese Trade, University of Commerce, Hanoi
3. Than Danh Phuc (2015), State management of economy, Statistical Publishing House, Hanoi.
4. Ngoc Anh (2020), iPrice Group: Summary of Vietnam E-Commerce in 2020 towards 2021, accessed on December 20, 2020 < https://advertisingvietnam.com/iprice-group-tong-ket-thuong-mai-dien-tu-viet-nam-nam-2020-huong-den-2021-p16303 >
5. Vietnam e-commerce map, https://iprice.vn/insights/mapofecommerce/
6. Nguyen Duy Thanh (2020), Improving the effectiveness of state management of sales activities on e-commerce websites in Vietnam, accessed December 20, 2021 , https://vpluatsutranluat.vn/phap-ly/nang-cao-hieu-qua-quan-ly-nha-nuoc-ve-hoat-dong-ban-hang-tren-website-thuong-mai-dien-tu-o-viet-nam
7. E-Commerce White Paper 2020, 2021.
8. The Department of E-commerce and Digital Economy, Government approved the National E-commerce Development Master Plan for the 2021-2025 period , accessed December 20, 2021 https://vecom.vn/chinh-phu-phe-duyet-ke-hoach-tong-the-phat-trien-thuong-mai-dien-tu-quoc-gia-giai-doan-2021-2025
9. Thuy Dieu (2021), The scale of Vietnam's e-commerce is increasing rapidly, estimated to reach 52 billion USD by 2025 , accessed December 20, 2021 https://vneconomy.vn/quy-mo-thuong-mai-dien-tu-viet-nam-tang-rat-nhanh-toi-2025-uoc-dat-52-ty-usd- 645865.htm
10. MSc. Nguyen Thi Phuong Thao (2021), Promoting the development of the e-commerce market, accessed December 20, 2021, http://consosukien.vn/thuc-day-phat- trien-thi-truong-thuong-mai-dien-tu.htm
11. Decree No. 85/2021/ND-CP of the Government: Amending and supplementing a number of articles of Decree No. 52/2013/ND-CP dated May 16, 2013 of the Government on e-commerce
12. Decree No. 98/2020/ND-CP of the Government dated September 28, 2021: Regulations on administrative sanctions for violations in commercial activities, production, trading of counterfeit and prohibited goods and protection of consumer rights
13. Directive 21/CT-TTG dated September 9, 2020: Directive on strengthening the prevention and handling of fraudulent property appropriation activities
14. Decision 645/QD-TTg dated May 19, 2020: Decision Approving the Master Plan for e-commerce development for the period 2021-2025
15. Circular 21/2018/TT-BCT: Circular amending a number of articles of Circular No. 47/2014/TT-BCT dated December 5, 2014 of the Ministry of Information and Communications regulating the management of e-commerce websites and Circular No. 59/2015/TT-BCT dated December 31, 2015 of the Ministry of Information and Communications regulating the management of e-commerce activities via applications on mobile devices.
16. Circular 59/2015/TT-BCT: Circular No. 59/2015/TT-BCT dated December 31, 2015 of the Minister of Industry and Trade regulating the management of e-commerce activities via applications on mobile devices.
English Documents
1. Michael Keenan (2021), Global Ecommerce Explained: Stats and Trends to Watch in 2021, May 13, 2021, https://www.shopify.com/enterprise/global-ecommerce- statistics
2. E-commerce trends around the world , https://bciglobal.com/en/e-commerce-trends-around-the-world
3. Global Business-to-Business E-commerce Market Size, Share & Trends Analysis Report by Implementation Model (Intermediary-oriented, Supplier-oriented), by Application, by Region, and Segment Forecasts, 2021-2028, https://www.researchandmarkets.com/reports/5028717/global-business-to-business- e-commerce-market
4. Lobel Trong Thuy Tran(20210, Journal of Retailing and Consumer Services, Managing the effectiveness of e-commerce platforms in a pandemic, accessed December 20, 2021,< https://www.sciencedirect.com/science/article/pii/S096969892 0312959# !>

![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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