The Vietnam Military Commercial Joint-Stock Bank (MB) received the “ASEAN Famous Brand” award at a ceremony in Vientiane , Laos , on July 28.

This prestigious award honours outstanding ASEAN enterprises, businesspeople and individuals for their contributions to the region’s prosperity, promoting cultural, socio-economic and friendly relations between ASEAN countries.

This year, 86 enterprises and businesspeople received the award, including the Vietnam MB, which won the award for the second consecutive year.

The MB is one of Vietnam ’s best and most effective banks. It takes part in numerous charitable activities and has actively integrated into the region and international economy.

Despite being its first branch to open overseas, the MB’s branch in Laos has a stable operational base, earning a before-tax profit of 10 billion VND in the first six months of this year.

Currently, the MB has two overseas branches, in Laos and Cambodia.-VNA