Competition Profile Matrix of Vietnam Maritime Commercial Joint Stock Bank
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 10
Abstract
Applying the competitive profile matrix to analyze the competitiveness of commercial banks plays an important role due to the benefits it brings to bank managers in the process of forming strategies competition of banks. This article was conducted to build a competitive profile matrix of Vietnam Maritime Commercial Joint Stock Bank to clearly indicate the strengths and weaknesses of the bank compared to other banks with similar resources and models. Operations as well as business methods. To construct the competitive profile matrix, the three-step theory is applied. Combined with that, the questionnaire survey method was used twice. The first time is to identify the 10 most important factors affecting the competitiveness of commercial banks in general. The second time is to determine the weight and level of influence of the factors. The research results of the article show the competitive profile matrix of Vietnam Maritime Commercial Joint Stock Bank in comparison with four other banks VIB, TPbank, OCD and BacAbank.
Authors and Affiliations
Nguyen Thanh Loan, Dr. Vu Thi Ha
Keywords
Related Articles
- EP ID EP727597
- DOI 10.47191/jefms/v6-i10-15
- Views 41
- Downloads 0
Effects of Tax Evasion and Avoidance on Oyo State’s Internally Generated Revenue
Tax evasion and avoidance are both phenomena that are probably as old as taxation itself. Literature revealed that tax avoidance and evasion represent some of the perplexing problems facing the Nigerian economy. The stud...
Analysis of Factors Affecting Labor Productivity in Perum Bulog in West Nusa Tenggara Province
This study aims to analyze the factors that affect labor productivity in Perum Bulog in West Nusa Tenggara Province. The variables studied include work experience, wages, and age. The research method used is multiple lin...
Analysis of Determinants of Working Capital Credit Growth at Bank Persero in Indonesia
The purpose of this study is to analyze the effect of Third Party Funds (DPK), Non-Performing Loans (NPL), inflation, and BI Rate on the growth of working capital loans at Bank Persero in Indonesia. The analysis was cond...
Implementation of Corporate Social Responsibility to Realize Prosperity for the Community
The existence of a company cannot be separated from its environment and society. Companies must balance economic achievement with social and environmental responsibility through Corporate Social Responsibility (CSR) acti...
The Influence of Management Accounting Information Systems and Organizational Culture on Firm Performance: Survey of Start-Ups in the Java Island Region, Indonesia
The phenomena of the digital era are being discussed. The cultural change that is felt and carried out throughout the world is the transformation from conventional to digital. Newly established businesses, startups thems...