Tiếng Anh Chuyên Ngành 1 1

No 1
Choose A, B, C or D which would be best
1. My main responsibility is……………..with customers, suppliers and their problems.

A solving B exchanging C dealing D deal
2. Remember to get………………….the bus at the city park and then walk to the office.
A. off B. on C. out of D. of
3. The village is very far from the nearest town, so it is not easily…………., especially in rainy season.
A. remote B. C. distant D. accessible
outstanding
4. VP Bank specializes in providing ………services for corporate sector.
A. constructive B. agricultural C. financial D. managerial
5. One of key points of trade finances is …………

A. Funds may be used to acquire materials, labor, inventory, goods and services for export.
B. Funds may be used to acquire materials, inventory, goods and services for export.
C. Funds may be used to acquire materials, labor, goods and services for export.
D. Funds may be used to acquire materials, labor, inventory, services for export.
6. I am really happy ………our plan because it works as planned.

A. into B. to C. with D. between
7. I think it is…………….to send the report now so I’ll bring it to the head office tomorrow morning.
A. such late B. much late C. too late D. soon
8. One of the characteristics of an export working capital facility is …………

A. Export working capital financing is used to purchase raw materials, supplies, and equipment
B. Export working capital financing is used to purchase raw materials, supplies, and equipment to
fulfill a large export sales order or many small export sales orders
C. Export working capital financing is used to purchase raw materials
D. Export working capital financing is to fulfill a large export sales order or many small export sales
orders
9. I am going to climb the Fancipan mount next month. Do you think it……..a successful journey?
A. is B. shall be C. will be D. has been
10. As soon as you finish the meal, the waiter will bring you a………………….
A. B. bill C. credit card D. money
payment
B. TRANSLATION
I. English-Vietnamese translation
1. Compliance with Basel standards is very important to banks in the current context when the SBV
will give priority to higher credit growth quota for banks with abundant equity, high capital adequacy
ratio (CAR) and good risk management through the application of Basel II, Basel III and international
financial reporting standards 9 (IFRS 9).
1
Việc tuân thủ các chuẩn mực của Basel là rất quan trọng đối với các ngân hàng trong bối cảnh
hiện nay khi NHNN sẽ ưu tiên hạn mức tăng trưởng tín dụng cao hơn cho các ngân hàng có vốn
tự có dồi dào, tỷ lệ an toàn vốn (CAR) cao và quản trị rủi ro tốt thông qua việc áp dụng Basel II,
Basel III và chuẩn mực báo cáo tài chính quốc tế số 9 (IFRS 9).
2. Augmenting and superseding parts of the Basel II standards, it was developed in response to the
deficiencies in financial regulation revealed by the financial crisis of 2007-08. It is intended to
strengthen bank capital requirements by increasing minimum capital requirements, holdings of high
quality liquid assets, and decreasing bank leverage.
Bổ sung và thay thế các phần của tiêu chuẩn Basel II, nó được phát triển để giải quyết những
thiếu sót trong quy định tài chính do cuộc khủng hoảng tài chính 2007-08. Nó nhằm tăng cường
các yêu cầu về vốn của ngân hàng bằng cách tăng các yêu cầu về vốn tối thiểu, nắm giữ các tài
sản có tính thanh khoản cao và giảm tỷ lệ đòn bẩy của ngân hàng.
3. The State Bank of Viet Nam (SBV) might have to extend credit growth for the whole year 2022 to
16 per cent and grant more credit quotas to commercial banks in the near future as the pressure to
loosen the credit room is strong, analysts forecast.
Ngân hàng Nhà nước (NHNN) có thể phải nới tăng trưởng tín dụng cả năm 2022 lên 16% và cấp
thêm hạn mức tín dụng cho các ngân hàng thương mại trong thời gian tới trước áp lực nới room
tín dụng lớn, giới phân tích dự báo.
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No 2
A. READING, VOCABULARY AND GRAMMAR
Read the passages and answer the questions below.
A Giro system is commonly used in Europe. It is a credit transaction since it is initiated by the
debtor making a request to the paying bank that a credit be made to another individual's account.
The undoubted merit of the Giro system is the simplicity that results from the unidirectional flow of
paper and information. Consequently, many of the costs involved in cheque system are avoided.
Additionally, because the transactions' e an initial debit and subsequent credit to account, the default
risk is reduced once the transactions begin.
The drawback of the Giro system is, however, readily apparent. It relies upon the debtor (purchaser)
initiating the transaction. The creditor thus loses control over the implementation of e payment which
the debtor has an obvious incentive to delay and is uncertain about receiving payment until notification
IS given. Consequently, Giro transactions are not suitable for large number of transactions where the
seller of goods has no way of influencing the purchaser's actions, and there may be a greater use of
cash for day-to-day transactions in comparison with countries which use cheques. The Giro system is
particularly suitable for payments where the goods are supplied in advance of payment on a regular
basis. Payments to public utilities for electricity, gas and water are obvious examples. This
commonality in many payments can be exploited in the bill-payment services offered by some banks,
building societies and credit unions, which effectively substitute a credit for a debit transfer.
I.True or False statements. Collect the False
1. Giro transaction is a credit transaction because it involves initial credit and subsequent debit (F)
2. Giro system has both advantages and disadvantages (T)
3. In Giro system, papers and information are sent in different directions. (F)
4. With Giro, the creditor is unsure about receiving payment until notification is given. (T)
5. Bill - payment services offered by banks are normally carried out through Giro system. (T)
II.Find word/phrase in the passage which have the same meaning as the follows:
6. A certain good point = The undoubted merit
7. Encouragement = incentive
8. Services provided for public such as gas, electricity… = public utilities/ public utility
9. Payment for transactions which are performed regularly = payment on a regular basis
10. An organisation which accept deposits and lends money to customers who want to buy or to rent
houses, flats = Building society
III. Answer the following questions

11. What are the disadvantages of Giro system?
 The creditor loses control over the implementation of e payment which the debtor has an
obvious incentive to delay and is uncertain about receiving payment until notification IS given.
12. Why can’t the creditor control the implementation of the payment?
 The debtor initiates the transaction
13. What kinds of transaction should not be used by Giro credit slips?
 Transactions where the seller of goods has no way of influencing the purchaser's actions
14. Why is default risk in Giro system reduced when the transaction begins?
 Initial debit and subsequent credit
15. What are the examples of bill-based payment service mentioned in the text?
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 Gas bills, electricity bills, water bills.
IV. Choose A, B, C or D which would be best

16. Managers need to be………….at observing and asking questions.
A. worried B. interested C. good D. keen
17.Good managers must find out all the information they need to ……the right decisions.
A. do B. come C. go D. make
18 It's important to make a good impression when meeting…….That helps them trust your company's
products.
A. enemies B. clients C. relatives D. friends
19.The position went to a/an ……………candidate. No one in my department can take it over.
A. internal B. external C. lucky D. young
20 In next week's meeting we must agree………………the date of launching our new products and
how to promote it.
A. with B. about C. on D. over
21. He was ………and seriously injured by a gang of youths.
A. played B. cheated C. treated D. attacked
22. There's often ………at our meetings. Everyone has their own opinion and never agrees on a
common point.
A. agreement B. compromise C. conflict D. sympathy
23. He would lend it to you if you……………….everything.
A. lost B. lose C. will lose D. had lost
24.I ……………..these things if I were you.
A. don't buy B. wouldn't buy C. won't buy D. didn't buy
25.I'll get lost if you……………………with me.
A. don't go B. didn't go C. wouldn't go D. won't go
B. TRANSLATION
1. OCB General Director Nguyen Dinh Tung also admitted the settlement of bad debts is currently
more difficult than in the previous period. Currently, although borrowers want to sell their real estate as
mortgages to pay debts to banks, it is difficult to find buyers because of the poor realty market
liquidity. Therefore, bad debt settlement at banks is slower.
Tổng giám đốc OCB Nguyễn Đình Tùng cũng thừa nhận việc xử lý nợ xấu hiện khó khăn hơn
giai đoạn trước. Hiện nay, dù người vay muốn bán bất động sản đang thế chấp để trả nợ cho
ngân hàng nhưng rất khó tìm được người mua do tính thanh khoản của thị trường bất động sản
kém. Do đó, xử lý nợ xấu tại các ngân hàng chậm hơn.
2. However, the sale of real estate collateral has encountered many difficulties although banks have
actively advertised on media and lowered prices. For example, Sacombank has to drastically reduce the
price of 19 apartments in the Xi Grand Court project from VND100.8 billion to VND79 billion. These
apartments were put for sale for the first time in July 2020, but after two years, Sacombank could not
sell any apartments and had to reduce prices sharply.
Tuy nhiên, việc phát mãi tài sản đảm bảo là bất động sản gặp nhiều khó khăn dù các ngân hàng
đã tích cực quảng bá trên các phương tiện thông tin đại chúng và hạ giá bán. Đơn cử,
Sacombank phải giảm mạnh giá 19 căn hộ tại dự án Xi Grand Court từ 100,8 tỷ đồng xuống còn
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79 tỷ đồng. Những căn hộ này được rao bán lần đầu vào tháng 7/2020 nhưng sau 2 năm,
Sacombank không bán được căn hộ nào và phải giảm giá mạnh.
3. Banks have been also very enthusiastic about the handling of collateral assets and debt recovery.
They have continuously promoted the sale of NPLs’ collateral. Sacombank, for example, has recently
announced it will continue to auction 19 apartments of the Xi Grand Court project while BIDV will
also put for auction 1ha of land in Chon Thanh Industrial Park
Các ngân hàng cũng rất tích cực trong việc xử lý tài sản đảm bảo và thu hồi nợ. Họ đã liên tục
thúc đẩy việc bán tài sản thế chấp của các khoản nợ xấu. Điển hình như Sacombank mới đây cho
biết sẽ tiếp tục đấu giá 19 căn hộ thuộc dự án Xi Grand Court trong khi BIDV cũng sẽ đấu giá
1ha đất tại Khu công nghiệp Chơn Thành.
II. Vietnamese-English translation

4. Chia sẻ tại Diễn đàn Kinh tế Xã hội Việt Nam 2022, ông Francois Painchaud - Trưởng đại Diện của
IMF tại Việt Nam và Lào cho biết, năm 2022 đã chứng những diễn biến phức tạp, những cú sốc kinh tế
thế giới như lạm phát tăng cao toàn thế giới, các biện pháp thắt chặt tài chính, kỳ vọng thấp về triển
vọng kinh tế Trung Quốc và tình hình địa chính trị phức tạp tại Ukraine.
Mr. Francois Painchaud, Chief Representative of the IMF in Vietnam and Laos, stated at the
Vietnam Socio-Economic Forum 2022 that the year 2022 has seen complex developments and
global economic shocks like inflation, financial tightening measures, low expectations for China's
economic outlook, and a complex geopolitical situation in Ukraine.
5. Trên cơ sở đó, Trưởng đại diện của IMF nêu rõ, năm 2022, Việt Nam đã khôi phục kinh tế ấn tượng,
dự báo triển vọng tăng trưởng kinh tế của Việt Nam lên 7 % và đây là mức tăng trưởng tương đối ấn
tượng so với các nền kinh tế phát triển khác trong năm 2023.
Based on this, the IMF's Chief Representative noted that Vietnam had made an impressive
economic recovery in 2022 and predicted that in 2023, Vietnam's economy would increase by
7%, which is a relatively impressive growth rate when compared to other developed economies.
5
No 3
The gains from growing pains
Alicia Clegg
The best start-up ideas are often the simplest. But entrepreneurs often need to experiment With
business models as their ventures grow. For young retail companies, one of the biggest challenges is
getting the right mix of outlets as they perfect their products. Christian Rucker, founder of The White
Company, which made pre tax profits of £2.2m the year before last, is a classic example.
While working as an editor at fashion magazine Harper’s, Ms Rucker spotted a gap in the market for
stylish white bed linen and accessories priced mid way between designer labels and mass-market lines.
After finding £20,000 from a local government grant and shares inherited from her grandmother, she
launched her business in 1994, initially through mail order. Last year, The White Company made sales
of £49.5m, up by almost £10m on the previous year.
“Offering choice is part of great customer service,” says Ms Rucker, whose company owns 14
shops, plus space in department stores and franchises in Dubai. “One channel feeds another. Someone
might see something in a store then place an order online. Customers will spend more because you are
making it easy for them.”
Having survived the early days the entrepreneur must find ways of sustaining growth in future,
without sacrificing the individuality that attracted their customers in the first place.
Ms Rucker, who aims for sales of £110m by 2011, believes the as solution is to improve quality.
“There comes a point when it's easy to drop the quality a little
and take a higher profit margin. But, as the quantity goes up, you can actually afford to buy slightly
better materials but keep the price [for cus tomers] the same.”
FINANCIAL TIMES
I. Complete this summary with the correct figures from the article
Mr. Rucker started her business in …1994.. with just …£20,000 ….the year before last, her profit
before tax was …£2.2m….And last year, turnover increased by … almost £10m …to reach …£49.5m
….She has set a sales target of …£110m …..by 2011.
II. True or False

7. Young retail companies have problems finding the right place to sell their products. (T)
8. Ms Rucker works for a fashion magazine. (T)
9. She used a bank loan to set up her company. (F)
10. She believes that customers like choice. (T)
11. It is important to keep a product's unique features when a company expands. (F)
12. Ms Rucker says that quality can only be improved when a product is profitable. (T)
III. Match the words below with their meaning (a-c)
13 experiment a, shop
14 venture b, activity
15 outlet c, try new things
13-C, 14-B, 15-A
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16. An LC is useful when …………………………………………………… is difficult to obtain.

A reliable credit B reliable credit C inreliable credit D unreliable credit
information about information about information about information about
a foreign buyer a foreign seller a seller a foreign buyer
17. I wonder ……………the tickets are on sales yet.

A. what B. when C. where D. whether
18. Someone………………there's been an accident on the motorway.

A. asked B. said C. spoke D. told
19. Remittance is …………………………

A. a method of B. a method of C. type of account D. an account
transfer payment
20. My girlfriend always wants to get on her own. She doesn't like compromise. My friends say she's a
very……… negotiator.
A. weak B. formal C. informal D. strong
21. There are two………….to consider: first, outsourcing the cleaning and second, hiring a full time
cleaner.
A. method B. ways C. options D. models
22. Inflation rate is the speed at which…………….increases.
A. population B. pollution C. productivity D. price
23. One of the benefits of trading forex on the internet is …………
A. low transaction B. high transaction C. lower D. higher
costs costs transaction costs transaction costs
24. The basic systems and services, such as transport and power supplies, that a country or
organization uses in order to work effectively is called………………..
A. construction site B. infrastructure C. complex D. block
25. If you need to borrow more money from your bank, you can ask them to increase
your………………
A. overdraft level B. overdraft C. overdraft D. overdraft supply
limit supplement
B. TRANSLATION
1. According to a recent report by SSI analysts, this compulsory acquisition has positive long-term
implications for HDBank. Meanwhile, international investors received this news with excitement and
decided to increase their investment in HDBank.In the first half of the year HDBank continued to
maintain high growth in terms of both scale and quality, with profit before tax going up by 26.5 per
cent over the same period last year to 54 per cent of the full-year target.
Theo một báo cáo mới đây của các chuyên gia phân tích của SSI, thương vụ mua lại bắt buộc này
có ý nghĩa tích cực trong dài hạn đối với HDBank. Trong khi đó, các nhà đầu tư quốc tế hào
7
hứng đón nhận thông tin này và quyết định tăng vốn đầu tư vào HDBank. Nửa đầu năm,
HDBank tiếp tục duy trì tốc độ tăng trưởng cao cả về quy mô và chất lượng với lợi nhuận trước
thuế tăng 26,5% so với cùng kỳ. cùng kỳ năm trước đạt 54% kế hoạch cả năm.
2. The local banking sector, currently undergoing drastic restructuring, will have more opportunities to
improve its financial capacity as well as learn modern business models and management from UK
partners after the UK-Vietnam Free Trade Agreement (UKEVFTA) takes effect, according to banking
insiders.
Ngành ngân hàng trong nước, hiện đang được tái cấu trúc mạnh mẽ, sẽ có nhiều cơ hội hơn để
nâng cao năng lực tài chính cũng như học hỏi các mô hình kinh doanh và quản lý hiện đại từ các
đối tác Vương quốc Anh sau khi Hiệp định Thương mại Tự do Anh - Việt Nam (UKEVFTA) có
hiệu lực, theo những người trong ngành ngân hàng.
3. Until 1 August 2025, UK financial institutions may solicitate the approval of Viet Nam’s competent
authority (State Bank of Vietnam) to buy shares in one joint-stock commercial bank of Viet Nam, up to
49 per cent of that enterprise’s chartered capital, except for four commercial banks of which the
Government of Viet Nam currently holds the majority of equity.
Cho đến ngày 1 tháng 8 năm 2025, các tổ chức tài chính của Vương quốc Anh có thể xin phép cơ
quan có thẩm quyền của Việt Nam (Ngân hàng Nhà nước Việt Nam) để mua cổ phần của một
ngân hàng thương mại cổ phần của Việt Nam, tối đa là 49% vốn điều lệ của doanh nghiệp đó,
ngoại trừ bốn ngân hàng thương mại mà Chính phủ Việt Nam hiện đang nắm giữ phần lớn vốn
cổ phần.
4. Cũng tại Hội nghị về công tác điều hành tín dụng tuần qua, Thống đốc Nguyễn Thị Hồng cho biết đã
có sự đồng thuận trong đánh giá về bối cảnh kinh tế có nhiều khó khăn, hệ thống ngân hàng chịu nhiều
áp lực. Các ý kiến tại Hội nghị đều đánh giá công cụ kiểm soát tín dụng là một công cụ hữu ích, phù
hợp với điều kiện Việt Nam.
Governor Nguyen Thi Hong also stated at the credit management conference last week that the
banking system was under pressure due to the challenging economic environment. All of the
perspectives expressed at the Conference rated the credit control tool as useful and appropriate
for Vietnam's circumstances.
5. Theo số liệu của Ngân hàng Nhà nước (NHNN), tính đến ngày 26/8, tín dụng đã tăng 9,91% so với
cuối năm ngoái, đây là mức tăng cao nhất trong 5 năm qua và cao hơn nhiều so với mức tăng 7,9% của
thời gian 8 tháng đầu năm 2021. Ngày 7/9 vừa qua, NHNN thông báo đã cấp thêm hạn mức tăng
trưởng tín dụng cho một số ngân hàng thương mại.
The State Bank of Vietnam (SBV) reports that as of August 26, credit has climbed by 9.91%
compared to the end of the previous year, which is the largest increase in the previous five years
and significantly higher than the 7.9% increase seen in the first eight months of 2021. The SBV
announced on September 7th that it had increased the lending growth limitations it had given to
several commercial banks.
8
No 4
I. Fill in the blank with a suitable preposition.
Thanks to the increasing use of computers (1) ……in…. banking field, the clearing system has
really developed in respond to meet money transfer (2) ……from…. one bank's account to another
bank's account (3)…by… putting all the deta'ls of the transaction (4)…into…. a magnetic tape
which can be read by computers. BACS, a company (5)…with….a computers centre in Edgware.
Middlesex, is used by banks to make the clearing system simpler and mare convenient and to reduce
the paperwork related to money transfer. To take part in BACS system, banks and big companies
must have magnetic tapes (6) …in.. which the details (7)…of…. transaction are kept. The magnetic
tapes, then. are sent to BACS or the information may be transmitted directly to BACS (8)…
via(through)…. BACSTEL. At BACS, the information is read and the input information is
automatically sorted according to tanks and branches. This data is, then, put into other tapes to be
sent to correct ban These tapes appear (9)…on… each bank's computer system which gets the
detailed statement (10)…banks…. The clearings related to its own bank account. BACS system is
also useful for standing orders and direct debits.
II. Choose one suitable word from the following list to fill in each blank
not risk current have currency
expiration call gives options financial
An option contract is a contract that (11)…gives…..its owner a right- but not an obligation- to sell or
buy an item at a prespecified price, called the strike price, until the option expires. Options trade in
options markets and, like futures, provide a way for individuals to reduce the financial (12)…risk.. of
fluctuations in asset prices. Unlike with futures contracts, however, the buyer of an option contract
does (13)…not..have to exercise the option: that is , he or she need not buy the asset. (14)…
options..are bought and sold at an options price, which is distinct from the price of the underlying
financial asset. Options are traded for major stocks, debt instruments, foreign (15)…currency…..
III. Choose A, B, C or D which would be best

16. ………………….is a market in which there is little or no competition for a particular type of
product or service, for which there is limited demand.
A small market B mass market C declining market D smallest market
17. The capital account, includes an economy’s transactions with nonresidents in ……………………
and in capital transfers.
A. produced, B. nonproduced, C. nonproduced, D. productive,
nonfinancial assets financial assets nonfinancial nonfinancial assets
assets
18. ………………………the end of the film, we cried a lot.

A. In B. With C. On D. At
19. After the accident, he lost his…………….. for the sport.

A. feeling B. thought C. enthusiasm D. mind
20. They are black market …………………

A. profitable B. profit C. profiteers D. nonprofit
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21. Someone ……………….your glasses if you leave them there.
A. is stealing B. would steal C. will steal D. stole
22. In the long term ……….is due to increase in the price of raw materials. This is the situation where
prices rise to keep up with increased production cost.
A. devaluation B. inflation C. recession D. crisis
23. In a accordance with our usual terms, payment will be by …………This is a letter from a bank
authorizing payment of a certain sum to a person or a company.
A. cheque B. banker’s draft C. letter of credit D. cash on delivery
24. We enclose our……….., which is a formal request for payment

A. receipt B. quotation C. commercial D. bill of lading
invoice
25. The industry and construction ………..is facing difficulties due to low efficiency and
competitiveness..
A. set B. sector C. section D. part
B. TRANSLATION
1. Nam A Bank said that in 2022 it will continue to focus on increasing investment and applying
technology, creating new steps in digital transformation, and continue to perfect the digital banking
ecosystem: Robot OPBA, Open Banking and ONEBANK, meeting the needs of transactions anytime,
anywhere.
Nam A Bank cho biết, năm 2022 sẽ tiếp tục tập trung tăng cường đầu tư và ứng dụng công nghệ,
tạo ra những bước tiến mới trong chuyển đổi số, tiếp tục hoàn thiện hệ sinh thái ngân hàng số:
Robot OPBA, Open Banking và ONEBANK, đáp ứng nhu cầu giao dịch mọi lúc, mọi nơi, bất cứ
đâu.
2. However, to solve the above problems, banks have to invest up to tens of trillions of dong per year
for digital transformation. Vinh said SHB has invested a lot of resources and budget to upgrade Core
Banking (core bank), upgrade cards, deploy investment banking, loan origination solutions (LOS),
deploy Omni Channel systems and related information technology systems and apply the most modern
solutions.
Tuy nhiên, để giải quyết các vấn đề trên, các ngân hàng phải đầu tư tới hàng chục nghìn tỷ đồng
mỗi năm cho chuyển đổi số. Ông Vinh cho biết SHB đã đầu tư nhiều nguồn lực và ngân sách để
nâng cấp CoreBanking (ngân hàng lõi), nâng cấp thẻ, triển khai ngân hàng đầu tư, giải pháp
khởi tạo khoản vay (LOS), triển khai hệ thống Omni Channel và các hệ thống công nghệ thông
tin liên quan, ứng dụng các giải pháp hiện đại nhất.
3. Through credit packages with preferential interest rates, and products and services customised to
each customer group’s needs, banks focus on helping enterprises access capital to restore production
and business. In May the Government issued Decree 31/2022/ND-CP on interest rate subsidies for
loans given to enterprises, co-operatives and business households.
10
Thông qua các gói tín dụng với lãi suất ưu đãi và các sản phẩm, dịch vụ phù hợp với nhu cầu của
từng nhóm khách hàng, các ngân hàng tập trung hỗ trợ doanh nghiệp tiếp cận vốn để khôi phục
sản xuất kinh doanh. Tháng 5, Chính phủ ban hành Nghị định 31/2022/NĐ-CP về hỗ trợ lãi suất
cho vay đối với doanh nghiệp, hợp tác xã và hộ kinh doanh.
4. Trước VnDirect, nhiều tổ chức phân tích khác cũng đưa ra ước tính về lượng room tín dụng được
nới trong đợt vừa qua với quy mô chỉ vào khoảng 175.000 – 200.000 tỷ đồng. Đồng với, các đơn vị
này cũng dự báo NHNN sẽ có thêm đợt nới thêm room tín dụng cho các ngân hàng thương mại trong
thời gian tới.
Before to VnDirect, a large number of other analytical companies also provided an estimate of
the amount of credit room loosening in the most recent time frame with a scale of only
approximately 175,000-200,000 billion dong. These units together foresee that the State Bank will
soon establish a new round of credit rooms for commercial banks.
5. Còn theo Bộ phận Phân tích Chứng khoán SSI, trong đợt điều chỉnh vừa qua, mức tăng trưởng tín
dụng của toàn hệ thống ước tính sẽ tăng thêm khoảng 2%, thấp hơn so với các kỳ vọng của thành viên
trên thị trường. Do đó, dư địa để NHNN sẽ có thêm một đợt điều chỉnh vào cuối năm nay vẫn còn.
The credit growth of the entire system is predicted by the SSI Securities Analysis Department to
climb by roughly 2% in the most recent adjustment, which is less than the market participants'
estimates. As a result, there is still potential for the SBV to change at the end of this year.
11
No 5
In recent years, lending as'ccjated bank credit cards has been the fastest growth area in consumer
lending. Bank credit cards first became popular nearly 30 years ago. At that time, individual banks
issued the cards to their existing eugtomers and recruited local retailers who agreed to accept them
from the customers. Participating retailers daily presented the bank with sales vouchers signed by their
card-using customers, The retailers' bank accounts then received immediate credit. less the bank's
discount.
This service provided benefits to all three parties: issuing bank, cardholder and retailer. The bank fee
derived from discounting retailers' sales vouchers and charged interest on cardholder riding
balances. Cardholders enjoyed unquestionable credit from participating retailers, avoided the
burden of carrying cash for large purchases, were not worried about uncertain acceptance of
written checks. Retailers expanded their sales appeal to a growing pool of cardholders.
However, the local bank credit card had serious drawbacks. The card's usefulness was restricted to
a participating retailers in the card banks' market areas. Also, there wag strong competition among
local banks that issued credit cards. These drawbacks were overcome in the late 1960s when two
national credit card authorities emerged to replace the local bank cards.
I. Find the words/phrases in the passage having the same meaning as the follows.
1. A note on which the retailer write down the details of voucher
the sale such as date, cardholder's name, the amount and
etc.
2. current (present) at a time. existing
3. minus (subtracted) less
4. very bad points drawbacks
5. with no doubt (certain) unquestionable
II. Read the passages. Decide if the following statements are true or false. Write T for TRUE and
F for False
6. (T) Credit given to consumers using credit cards has been the fastest growth in
recent years.
7. (F) All retailers accepted credit cards issued by banks.
8. (F) Credit card holders did not have to pay interest.
9. (T) Accepting credit cards in selling goods or services attracted more

customers.
10.(F) The problems with banks could not be solved.
12
III. Answer the following questions.
11. What kind of customers did the bank issue credit cards to?
Existing customers
12. What did the salesperson need to do every day?
Present sale vouchers to the bank
13. When was he salesperson's account credited?
After the voucher is sent to the bank
14. Why was a credit card advantageous to the card issuing bank?
Bank collected fee and charged interest on the outstandings
15. Why was the appearance of two national credit card authorities important?
It solved the drawbacks of local bank credit cards

A small market B mass market C declining D smallest market
market
A. produced, B. nonproduced, C. nonproduced, D. productive, nonfinancial
nonfinancial financial assets nonfinancial assets
assets assets


A. feeling B. thought C. enthusiasm D.
mind

21. We want people to feel comfortable and relaxed during a negotiation because a(n) …… atmosphere
is very important.
A. formal B. informal C. sympathetic D. enthusiastic
22. The loan is…………….in monthly installments.

A. pay B. pays C. paid D.
paying
23. One of the roles of the commercial bank is to…………...

A not act as a storehouse of the country or region’s wealth
13
B act as a storehouse of the country or region’s wealth
C will not act as a storehouse of the country or region’s wealth
D be never act as a storehouse of the country or region’s wealth
24. It' s important to…………………….between business and pleasure.

A. think B. see C. distinguish D.
divide
25. Banking experts in developed countries defines a commercial bank as a ……………..

A.oriented financial B.profit-oriented C.nonprofit- D.unprofit-oriented
institution. financial institution. oriented financial financial institution
institution
B. TRANSLATION
1) According to experts, the bank's digital transformation journey consists of three steps. The first is
digitisation - converting the traditional process to a digital one; the next is digital transformation -
digitising each part of business, enhancing customer experience; the last is ultimately digital
reinvention - combining technology and digital platforms to generate revenue and results through
innovative strategies, products and services.
Theo các chuyên gia, hành trình chuyển đổi số của ngân hàng gồm 3 bước. Thứ nhất là số hóa -
chuyển đổi quy trình truyền thống sang quy trình kỹ thuật số; tiếp đến là chuyển đổi số - số hóa
từng mảng kinh doanh, nâng cao trải nghiệm khách hàng; cuối cùng là tái tạo kỹ thuật số - kết
hợp công nghệ và nền tảng kỹ thuật số để tạo doanh thu và kết quả thông qua các chiến lược, sản
phẩm và dịch vụ đổi mới.
2) UK-based HSBC opened a full-service branch in HCM City and has taken the lead in implementing
digital penetration and new technology solutions which are key focus areas at the bank for both retail
as well as corporate customers, according to an HSBC report.
Theo báo cáo của HSBC, HSBC có trụ sở tại Vương quốc Anh đã mở chi nhánh cung cấp đầy đủ
dịch vụ tại TP.HCM và đi đầu trong việc triển khai các giải pháp công nghệ mới và thâm nhập
kỹ thuật số, vốn là những lĩnh vực trọng tâm tại ngân hàng cho cả khách hàng cá nhân và doanh
nghiệp.
3) “We are very proud to be the first international bank and the fifth market in the world for HSBC to
launch this innovative solution in Viet Nam. This ambitious, holistic and digitalised solution has
proved that banks and Fintech companies can flourish in partnership and will help boost digital
payments as per the Government of Viet Nam’s strategy to encourage cashless transactions,” said
Hanh Nguyen, Country Head of Global Liquidity and Cash Management, HSBC Vietnam.
“Chúng tôi rất tự hào là ngân hàng quốc tế đầu tiên và là thị trường thứ năm trên thế giới để
HSBC triển khai giải pháp sáng tạo này tại Việt Nam. Giải pháp đầy tham vọng, toàn diện và số
hóa này đã chứng minh rằng các ngân hàng và công ty Fintech có thể hợp tác phát triển và sẽ
giúp thúc đẩy thanh toán kỹ thuật số theo chiến lược của Chính phủ Việt Nam nhằm khuyến
khích giao dịch không dùng tiền mặt,” bà Hạnh Nguyễn, Giám đốc Quốc gia Thanh khoản và
Quản lý Tiền mặt Toàn cầu cho biết HSBC Việt Nam.
14
4) Chứng khoán VnDirect ước tính mức nới room trên đồng nghĩa có khoảng 279.000 tỷ đồng vốn tín
dụng sẽ được bổ sung cho nền kinh tế trong 4 tháng tới, tương đương với tăng trưởng tín dụng thêm
khoảng 2,7%.
VnDirect Securities estimates that the above room extension means about VND279,000 billion in
credit capital will be added to the economy in the next 4 months, equivalent to an additional
credit growth of about 2.7%.
5) Mặt khác, VnDirect nhận thấy đà giảm của giá hàng hóa thế giới và lạm phát trong nước được kiểm
soát tốt là điều kiện cho phép NHNN tiếp tục trì hoãn việc tăng lãi suất điều hành trong năm nay. Bên
cạnh đó, Chính phủ cũng đã quyết liệt sử dụng chính sách tài khóa để san sẻ gánh nặng với chính sách
tiền tệ trong mục tiêu quan trọng là kiềm chế lạm phát thông qua việc giảm thuế, phí đối với một số
mặt hàng thiết yếu (điển hình là xăng dầu).
On the other hand, VnDirect sees the decline in world commodity prices and well-controlled
domestic inflation as conditions that allow the SBV to continue delaying the increase in operating
interest rates this year. In addition, the Government has also drastically used fiscal policy to
share the burden with monetary policy with an important goal of curbing inflation through the
reduction of taxes and fees for some essential goods (typically petrol).
15
No 6
The rapid development of factwing in recent years has proved its importance to all parties (factor,
supplier and buyer) involved, especially to the suppliers, who have to supply goods on credit because
of the tough competition - an inevitability in the free market.
Factoring enables the suppliers to raise money from the unpaid invoices, solving the shortage of capital
for their further oroduction. Another advantage is that they do not have to employ extra staff to collect
payments from their customers and pay interest on the money used by their customers. Moreover, the
suppliers can take advantage of factoring services to regulate their cash flow position. that is to avoid
the negative cash now position by agreeing with a factoring company (usually a bank) the date they
pay money for the unpaid invoices. The suppliers can then, use this money to settle some fixed
payments such as salary and wage payments to employees, business taxes, insurance premiums and
other fixed debts.
However, the factors would provide factoring services for the suppliers only if they were able to assess
the risk of the customers given credit. They need to assess the debtor's credit status and
creditworthiness before they decide to purchase the suppliers accounts receivable. The information on
credit rating is hard to come by in Vietnam at present. The credit bureaus of banks are not modern
enough and do not have the sufficient credit information on necessary customers. It is the main reason
why the etnamese banks have not provided factoring services.
I. Read the passage and fill in the gaps with words/phrases from the above text.
1. It is very (tough) finding a good job these days.
2. The train was (inevitably) delayed by the accident.
3. She has taken (advantage of) my generosity.
4. The amount of money I have to pay for insurance every month is (insurance premiums).
5. Sometimes, banks provide finance against a/cs receivable (or unpaid invoices)
II. Answer the following questions

6. How many advantages of factoring to the suppliers according to the text?
 Three
7. How can the suppliers use factoring to regulate their cash flow position?
 Agree with the factor to the date on which he will get paid money for the invoices, use this
money to settle some fixed payments.
8. When does a factoring service become feasible?
 Were able to assess the buyer’s risk.
9. Why is factoring not available in Vietnam?
 The information on credit rating is hard to come by
III. Read the passage. Decide if the following statements are true or false. Write T for TRUE and
F for False
10- T Factoring is advantageous to not only supplier, but factor and buyer as
well.
11- F Suppliers have to sell on credit due to the shortage of capital.
16
12- F It costs the suppliers nothing if their customers delay the payment or do
not pay.
13- T Obtaining money from the unpaid invoices will solve the shortage of
capital for the supplier.
14- T Factoring has not been popular in Vietnam because it is very difficult for
banks to carry out the credit management.
15- F The factors do not need to evaluate the debtor's credit status before
deciding to transact the supplier's account receivable.
16. He can ……………a lot of money from this investment.
A earns B earn C earning D earned
17. The foreign exchange market plays an/a …………………….part in the market economy.
A. unnecessary B. indispensable C. unimportant D. needed
18. To fight against poverty, we need to find…………… to serious unemployment problems.

A. solutions B. methods C. ways D. alternatives
19. We can choose either ABB Bank or VP Bank because both have excellent reputation in
……………………service.
A. legal B. financial C. construction D. insurance

A. The exporter B. The importer C. The exporter D. The exporter
faces significant faces significant and importer face doesnot face
risk of non- risk of non- significant risk of significant risk of
payment unless payment unless non-payment non-payment
proper risk proper risk unless proper risk unless proper risk
mitigation mitigation mitigation mitigation
measures are used. measures are measures are used. measures are used.
used.
21. The Prime Minister is to meet his European……………to discuss the war against drugs.
A. friends B. counterparts C. enemies D. neighbours
22. Current account includes …………………………………………

A. trade balance, B. trade balance, C. goods, services, D. services,
goods, services, goods, services, incomes and incomes and
and current incomes and current transfers current transfers
transfers current transfers
23. He's got a job………..kitchen equipment in a department store. He explains customers how to use
the equipment.
A. demonstrating B. delivering C. maintaining D. installing
17
24. Our work is hard, but high salary and big bonus may prove sufficient………….
A. responsibility B. compensation C. toughness D. consistency

B. TRANSLATION
1. The bank meanwhile continues to provide credit and other products and services to customers in line
with its business strategy and growth targets.It is also taking a number of measures to support other
groups of customers and mitigate their difficulties.For instance, it is disbursing a VND10 trillion
($423.48 million) loan package for workers at half the market interest rate through its finance company
HD SAISON.
Trong khi đó, ngân hàng tiếp tục cung cấp tín dụng và các sản phẩm dịch vụ khác cho khách
hàng phù hợp với chiến lược kinh doanh và mục tiêu tăng trưởng, đồng thời thực hiện một số
biện pháp để hỗ trợ các nhóm khách hàng khác và giảm thiểu khó khăn cho họ. Gói vay 10 nghìn
tỷ đồng (423,48 triệu USD) dành cho công nhân với lãi suất chỉ bằng một nửa thị trường thông
qua công ty tài chính HD SAISON.
2. Moody's has upgraded the long-term local (LC) and foreign currency (FC) deposit and issuer ratings
of eight banks by one notch (Vietcombank, BIDV, OCB, SeABank, TPBank, Agribank, VIB and
VietinBank) and the LC and FC Counterparty Risk Ratings and Counterparty Risk Assessment of
seven banks by one notch (BIDV, Agribank, VietinBank, ABBank, LienVietPostBank, SHB and
MSB).
Moody's đã nâng xếp hạng nhà phát hành và tiền gửi nội tệ (LC) và ngoại tệ (FC) dài hạn của
tám ngân hàng lên một bậc (Vietcombank, BIDV, OCB, SeABank, TPBank, Agribank, VIB và
VietinBank) và Đối tác LC và FC Xếp hạng rủi ro và Đánh giá rủi ro đối tác của bảy ngân hàng
theo một bậc (BIDV, Agribank, VietinBank, ABBank, LienVietPostBank, SHB và MSB).
3. Amid the complex international situation leading to over 30 rating downgrades globally over the
past eight months, Viet Nam is the only country in the Asia-Pacific and one of the four in the world to
record a rating upgrade by Moody's since the beginning of 2022. The Ministry of Finance said the
upgrade of Viet Nam’s sovereign rating to Ba2 shows the Moody’s recognition of the country’s
increasing economic strength and better resilience to external macroeconomic shocks compared to
others with the same rating.
Trong bối cảnh tình hình quốc tế diễn biến phức tạp dẫn đến hơn 30 lần hạ xếp hạng tín nhiệm
trên toàn cầu trong 8 tháng qua, Việt Nam là quốc gia duy nhất ở châu Á - Thái Bình Dương và
là một trong 4 quốc gia trên thế giới được Moody's nâng bậc tín nhiệm kể từ đầu năm 2022. Bộ
Tài chính cho biết việc nâng xếp hạng quốc gia của Việt Nam lên Ba2 thể hiện sự ghi nhận của
Moody's đối với sức mạnh kinh tế ngày càng tăng của đất nước và khả năng chống chịu tốt hơn
trước các cú sốc kinh tế vĩ mô bên ngoài so với các quốc gia khác có cùng xếp hạng.
4. Theo Chứng khoán ACB, hạn mức tăng trưởng tín dụng toàn ngành vừa được nới khoảng 2%, tương
đương với 200.000 tỷ đồng. ACBS phân tích, tăng trưởng tín dụng đến cuối tháng 8 là 9,9%, nên để
18
đạt được mục tiêu tăng trưởng tín dụng 14% hàng năm, sẽ cần một đợt điều chỉnh hạn mức khác trước
khi kết thúc năm 2022.
The industry-wide loan growth limit has recently been lowered by 2%, or 200,000 billion VND,
according to ACB Securities. In order to reach the annual credit growth objective of 14%, which
is 9.9% by the end of August, another limit revision will be required by the end of 2022,
according to ACBS.
5. Cụ thể, Ngân hàng TMCP Công thương Việt Nam - VietinBank (HoSE: CTG) chi nhánh Nam
Thăng Long thông báo về việc có nhu cầu bán toàn bộ khoản nợ bao gồm cả gốc, lãi và phí của Công
ty TNHH Trường Minh để xử lý thu hồi nợ vay. Theo đó, tính đến 19/9, tổng dư nợ của Công ty
TNHH Trường Minh là hơn 117,7 tỷ đồng. Trong đó, nợ gốc là hơn 85,2 tỷ đồng, còn lại là dư nợ lãi,
lãi phạt.
The Nam Thang Long branch of Vietnam Joint Stock Commercial Bank for Industry and Trade
(HoSE: CTG) has announced that all debts associated with the loan recovery for Truong Minh
Co., Ltd., including principal, interest, and fees, must be sold. As a result, as of September 19,
Truong Minh Co., Ltd.'s total outstanding balance exceeded 117.7 billion VND. In which the
total debt, including interest and penalty interest, exceeds 85.2 billion dong in principal.
19
No 7
The bank of England is the central bank of the UK. For historical reasons, it is divided into Issue and
Banking Department, each with separate balance sheets.
The Issue Department is responsible for issuing banknotes, shown as liabilities. To introduce notes into
circulation, the Issue Department purchases financial securities: bills and bonds issued by the
government, commercial firms, or local authorities. These are shown as assets of the Issue Department.
The exchange of high powered money for financial securities is called an open market operation.
The Banking Department acts as banker to the commercial banks and to the government Public
deposits and bankers’ deposits are deposits by government and commercial banking system. Reserves
and other accounts are deposits by central banks of other countries, by domestic local authorities, and
by nationalized industries.
Assets are government securities (loans to the government) and advances. Advances are loans to the
banks. Other assets include physical capital, buildings and equipment, and securities issued by private
firms or local authorities.
In practice, the activities of the Issue Department and the Banking Department are carefully
coordinated. Although much of The Bank’s balance sheet resembles the one of a commercial bank,
there is one crucial difference. There is no possibility that the Bank can go bankrupt. The unique
feature of the central bank’s liabilities is that it can create them in unlimited qualities without fear of
bankruptcy. This was not always so. In the days of the gold standard, notes could be cashed in for gold
and the central bank might not have had sufficient gold to pay. Nowadays there is no such obligation.
The Bank can always meet withdrawals by its depositors by printing new banknotes.
I. Find word/phrase in the text to fill in the blanks, changing its form if necessary
1. A balance sheet consists of assets and liabilities.
2. Bills and bonds issued by the government, commercial firms, or local authorities are financial
securities.
3. Financial securities issued by the government, commercial firms, or local authorities are shown as
assets of the issue department Department
4. ‘in theory’ is the opposite of in practice.
5. We need to coordinate with each other carefully to enhance the business.
6. Our business situation resembles that of Hoa Mai company (similar to)
7. That too many customers ran to withdraw money from the bank some days ago made it go
bankrupt.
8. In the days og the gold standard money is completely guaranteed by gold.
II. Answer the questions
9. What is the name of the central bank in England?

 The bank of England.
10. How many departments does The Bank of England have?
 Two
11. What are the functions of the Issue Department?
20
 It is responsible for issuing banknotes.
12. What forms the liabilities of the Issue Department?
 Bank notes.
13. What is the crucial difference in the balance sheet between The Bank and a commercial bank?
 There is no possibility that the Bank can go bankrupt.
14. Why can not The Bank go bankrupt?
 Because it can create them in unlimited qualities without fear of bankruotcy.
15. Can the bank meet withdrawals?
 Behalf

16. He can ……………a lot of money from this investment.
A earns B earn C earning D earned
17. The foreign exchange market plays an/a …………………….part in the market economy.
A. unnecessary B. indispensable C. unimportant D. needed
18. To fight against poverty, we need to find…………… to serious unemployment problems.

A. solutions B. methods C. ways D. alternatives
19. We can choose either ABB Bank or VP Bank because both have excellent reputation in
……………………service.
A. legal B. financial C. construction D. insurance

A. The exporter B. The importer C. The exporter D. The exporter
faces significant faces significant and importer face doesnot face
risk of non- risk of non- significant risk of significant risk of
payment unless payment unless non-payment non-payment
proper risk proper risk unless proper risk unless proper risk
mitigation mitigation mitigation mitigation
measures are measures are used. measures are used. measures are used.
used.
21. There has been a wild…………….. in dollars in some past days.

A fluctuating B fluctuation C will fluctuate D fluctuate
22. I didn’t have much time yesterday so I only……………..the web to get main information
A browsed B searched C browsing D downloaded
23. The cost of housing, ............. mortgage interest payments has more than doubled from 9% to 20%.
A included B include C not include D including
24. Flight VN 89 is leaving from ………………………..15

A gate B stop C platform D station
25. You must supply documents……accordance…..the terms specified in the contract.

A in/with B with/with C in/of D in/in
21
B. TRANSLATION
1. The State Bank will continue to adjust credit growth in accordance with Directive No 01/CT-NHNN
dated January 13, 2022 on organising the implementation of key tasks in the banking sector. In 2022,
the central bank has created favourable conditions for people and businesses to access credit, and
support the country’s economic recovery.
Ngân hàng Nhà nước sẽ tiếp tục điều chỉnh tăng trưởng tín dụng theo Chỉ thị số 01/CT-NHNN
ngày 13/01/2022 về tổ chức thực hiện các nhiệm vụ trọng tâm ngành ngân hàng. Năm 2022,
NHNN tạo mọi điều kiện thuận lợi để người dân, doanh nghiệp tiếp cận tín dụng, hỗ trợ phục hồi
kinh tế đất nước.
2. Since the beginning of this year, global inflation has increased rapidly due to the escalation of prices
of many goods and raw materials caused by the Russia-Ukraine conflict and the disruption of the
global supply chains. High inflation pressure has affected daily life and macroeconomic stability in
many countries. As a result, most central banks globally have taken strong measures to tighten
monetary policy and raise interest rates to control inflation.
Từ đầu năm đến nay, lạm phát toàn cầu tăng nhanh do giá cả nhiều hàng hóa, nguyên vật liệu
leo thang do xung đột Nga - Ukraine và sự gián đoạn chuỗi cung ứng toàn cầu. Áp lực lạm phát
cao đã ảnh hưởng đến đời sống sinh hoạt và ổn định kinh tế vĩ mô ở nhiều quốc gia. Do đó, hầu
hết các ngân hàng trung ương trên toàn cầu đã thực hiện các biện pháp mạnh tay nhằm thắt
chặt chính sách tiền tệ và tăng lãi suất để kiểm soát lạm phát.
3. In order to obtain the country’s GDP growth target of between 6-6.5 per cent and an average
inflation rate of 4 per cent set by the National Assembly and the Government, the SBV has continued
to regulate monetary policies actively, flexibly and strictly cooperate with fiscal policies and other
macroeconomic policies to control average inflation at about 4 per cent according to objectives in 2022
Để đạt mục tiêu tăng trưởng GDP cả nước từ 6-6,5% và lạm phát bình quân 4% mà Quốc hội và
Chính phủ đề ra, NHNN tiếp tục điều hành chính sách tiền tệ chủ động, linh hoạt, phối hợp chặt
chẽ với chính sách tài khóa. chính sách và các chính sách kinh tế vĩ mô khác nhằm kiểm soát lạm
phát bình quân khoảng 4% theo mục tiêu năm 2022
4. Vào tuần trước, VietinBank chi nhánh Tuyên Quang cũng đã thông báo bán đấu giá tài sản của Công
ty TNHH Vĩnh Hóa (Công ty Vĩnh Hóa). Tài sản đấu giá gồm toàn bộ tài sản gắn liền với đất là toàn
bộ các hạng mục công trình của Dự án nhà máy gạch Tuynel Tân Bắc, công suất 75 triệu viên/năm
được xây dựng tại thôn Nậm Sú, xã Tân Bắc, huyện Quang Bình, tỉnh Hà Giang.
The auction of Vinh Hoa Co., Ltd.'s assets was also announced by the VietinBank Tuyen Quang
branch last week (Vinh Hoa Company). The Tan Bac Tuynel brick manufacturing project, with
a capacity of 75 million bricks/year developed in Nam Su village, Tan Bac commune, Quang
Binh district, Ha Giang province, is all the assets related to the site that were auctioned off.
5. Giá khởi điểm đấu giá ngân hàng đưa ra là 70,6 tỷ đồng, người tham gia đấu giá cần đặt cọc trước 10
tỷ đồng. Tài sản dự kiến được đấu giá tại Trung tâm dịch vụ đấu giá tài sản TP Tuyên Quang, tỉnh
Tuyên Quang. Thời gian tiếp nhận hồ sơ tham gia đấu giá từ ngày 8/9 đến ngày 3/10.
22
The starting price offered by the bank is 70.6 billion VND, auction participants need to deposit
10 billion VND in advance. The property is expected to be auctioned at the Property Auction
Service Center in Tuyen Quang City, Tuyen Quang Province. The time to receive bids for
participation in the auction is from September 8 to October 3.
23
No 8
A rate of exchange is the rate at which banks sell or buy one currency in exchange for another. The
popular press frequently gives news of rate of exchange between the pound (sterling) and the US
dollar. A rate of $1.54 to £1, for example, may be quoted as the closing rate on a particular day. This
would be a middle rate between the rate at which banks are selling US dollars in exchange for sterling
and the rate at which banks are buying dollars for Sterling, but it gives a rough indication to the public
of how many dollars can be bought for £1 or how many dollars are needed to buy £1. The banks’
selling rate for a currency will always be lower than their buying rate and you will have to make a clear
distinction between the two.
You are also probably aware that rates of exchange fluctuate so that one currency weakens and the
second currency strengthens in relation to each other. Fluctuating exchange rates presents a serious
business risk to overseas traders and its management is an important aspect of foreign exchange
dealings. Exchange rates fluctuate continuously whenever they are allowed to respond to the pleasures
of supply and demand in the foreign exchange markets. Nowadays, exchanges rate between all the
world’s major currencies are allowed to fluctuate in the market, at least within certain limits.
There are a number of factors which contribute towards fluctuation in exchange rates, but all of the
factors are associated with supply and demand. Fluctuations in exchange rates are caused by an excess
of supply over demand, or vice versa. For example, if demand to buy US dollars and sell Sterling
exceeds the counterbalancing demand to buy Sterling and sell US dollars, Sterling will lose value
against the US dollar. (here demand for buying and selling refers to demand of customers not dealers
because when a customer buys, a dealer sells.
I. Find words/phrases in the text which means:
1. the rate quoted at the end of business day closingrate
2. popular newspapers, magazines popular press
3. average ration between selling and buying prices middle rate
4. not exact indication rough indication
5. difference distinction
6. the movement of a currency depends on supply and demand
7. a feature aspect
8. USD, FRF, GBP, JPY...are major currencies
9. result from be caused by
10. be over exceed
F for False
11. From middle rate, customers can know the buying price of a currency. (F)
12. Closing rate is the same as Middle rate. (T)
13. The banks in England always buy high and sell low. (T)
14. Nowadays all currencies in the world are allowed to fluctuate. (F)
15. The fluctuation of a currency depends on only supply of and demand for that currency. (T)
24
16. I just want to make sure everything so please phone them and……….. my flight details.
A find B test C confirm D examine
17. All trains to the city centre leave from………….5.

A gate B platform C station D railway
18. Is the flight……………………or is there a stopover in Rome?

A straight B line C ahead D direct
19. Which of the following verbs doesn’t go with “a reservation ”?

A to make B to change C to do D to confirm
20. Sometimes, I go by bus. That…………………..me about 20 minutes.

A takes B spends C costs D loses
21.Thank you, I have passed the exam. Without your help I ………...
A. would have B. failed C. would fail D. had failed
failed
22. ……………..is the most popular bank account.

A. deposit B. savings account C. current account D. L/C
account
23. A current account holder can withdraw money from his account………
A. whenever he B. at maturity C. after he sends a D. twice a month
wants notice
24. A deposit account owner is given a ………….

A. cheque book B. passbook C.cash card D. bill of lading
25. Before withdrawing money from a deposit account, the holder needs to send….
A. his passbook B. a notice C. his cheque book D. L/C
B. TRANSLATION
I. Vietnamese-English translation
1) Từ đầu năm, tình hình kinh tế thế giới đang có nhiều dấu hiệu bất ổn, như việc lạm phát trên toàn
cầu liên tục leo thang, các căng thẳng địa chính trị tại khu vực châu Âu, tình hình dịch bệnh vẫn chưa
hoàn toàn được giải quyết. Trong bối cảnh đó, các cơ quan điều hành đã phải có những biện pháp điều
hành chặt chẽ hơn đối với thị trường tài chính ngay từ đầu năm.
Since the beginning of the year, the world economic situation has shown many signs of
instability, such as the continuous escalation of global inflation, and geopolitical tensions in the
European region, the epidemic situation has not been completely resolved to be solved. In that
context, the regulatory agencies had to take stricter management measures for the financial
market from the beginning of the year.
2) Bên cạnh đó, thời gian vừa qua đã ghi nhận sự tăng trưởng nhanh ở dòng vốn vào hoạt động kinh
doanh mạo hiểm. Trong khi đó, từ đầu năm nay, nền kinh tế bắt đầu ghi nhận những dấu hiệu phục hồi
25
sau dịch. Theo các chuyên gia, việc này sẽ khiến cho nhu cầu vốn của có phần cao hơn so với mọi
năm. Thực tế, các báo cáo của Ngân hàng Nhà nước (NHNN) cũng cho thấy điều này, khi mà chỉ trong
8 tháng đầu năm tín dụng đã tăng 9,91% so với cùng kỳ năm trước.
Moreover, venture capital investments have seen a sharp increase in recent years. The economy
started to show indications of recovery from the epidemic at the beginning of this year. Experts
predict that as a result, your capital requirements will be a little greater than usual. In reality,
this is also demonstrated in the State Bank of Vietnam's (SBV) figures, which only indicate
growth in the credit of 9.91% over the same period last year during the first eight months of the
current year.
3) Vì vai trò quan trọng của nguồn vốn tín dụng và đảm bảo cho phục hồi cũng như phát triển kinh tế
sau đại dịch, nên từ đầu năm dòng vốn từ các ngân hàng là một trong những nguồn được điều tiết đầu
tiên. Theo báo cáo tài chính gần nhất, hiện lợi nhuận từ hoạt động tín dụng đang chiếm khoảng 70-90%
tổng thu nhập của các ngân hàng.
Since the beginning of the year, capital flows from banks have been one of the first sources to be
regulated due to the critical role that credit capital plays in assuring economic recovery and
development following the pandemic. According to the most recent financial report, banks
currently earn between 70 and 90% of their overall revenue from credit-related activities.
II. English-Vietnamese translation
4) HDBank's shareholders have voted in large numbers in favour of all the proposals made by the
board of directors, including participation in the restructuring of a credit institution in the form of
compulsory sale of a specially-controlled joint stock commercial bank, which received approval from
81.52 per cent of voting shareholders.
Cổ đông HDBank đã biểu quyết tán thành tất cả các phương án mà hội đồng quản trị đưa ra,
trong đó có việc tham gia tái cơ cấu tổ chức tín dụng theo hình thức bán bắt buộc ngân hàng
thương mại cổ phần được kiểm soát đặc biệt, đã nhận được 81,52 phiếu tán thành. phần trăm cổ
đông có quyền biểu quyết.
5) According to the proposal, the participation in the restructuring of a credit institution aims to
"implement the direction of the Government and the State Bank of Viet Nam on restructuring the
system of credit institutions, contributing to the healthy and stable development of the banking system
and economy, besides creating opportunities to bring benefits and added value to HDBank and its
shareholders.”
Theo đề xuất, việc tham gia cơ cấu lại tổ chức tín dụng nhằm “thực hiện chỉ đạo của Chính phủ,
Ngân hàng Nhà nước Việt Nam về cơ cấu lại hệ thống các tổ chức tín dụng, góp phần vào sự phát
triển lành mạnh, ổn định của hệ thống ngân hàng và kinh tế, bên cạnh việc tạo cơ hội mang lại
lợi ích và giá trị gia tăng cho HDBank và các cổ đông.”
26
No 9
A Giro system is commonly used in Europe. It is a credit transaction since it is initiated the debtor
making a request to the paying bank that a credit be made to another individual’s account.
The undoubted merit of the Giro system is the simplicity that results from the unidirectional flow of
paper and information. Consequently, many of the costs involved in cheque system are avoided.
Additionally, because the transactions involve an initial debit and subsequent credits to account, the
default risk is reduced once the transactions begin. The drawback of the Giro system is, however,
readily apparent. It relies upon the debtor (purchaser) initiating the transaction. The creditor thus loses
control over the implementation of the payment which the debtor has an obvious incentive to delay and
is uncertain about receiving payment until notification is given. Consequently, Giro transactions are
not suitable for large number of transactions where the seller of goods has no way of influencing the
purchasers actions, and there may be a greater use of cash for day-to-day transactions in comparison
with countries which use cheques. The Giro system is particularly suitable for payments where the
goods are supplied in advance ot payment on a regular basis. Payments to public utilties for electricity,
gas and water are obvious examples. This commonality in many payments can be exploited in the bill-
paying services offered by some banks, building societies and credit unions, which effectivelv
substitute a credit for a debit transfer.
1. a certain positive point Undoubted merit
2. public service Public utility
3. encouragement Incentive
4. payment for transactions which are carried out regularly Paymenton a regular
basis
5. an organization which accepts deposits and lends Building society
money to customer who want to buy or to rent houses,
flats
F for False
6. F Giro transaction is a credit transaction because it involves initial credit and

subsequent debit.
7. T Giro system has both advantages and disadvantages.
8 . F In Giro system, papers and information are sent in different directions.
9 . T With Giro, the creditor is not certain about receiving payment until
notification is given.
10. Bill- payment services offered by banks are normally carried out through
27
T Giro system.

11. What are the disadvantages of Giro system?
 Creditor loses control over the implementation of payment and not certain about receiving
payment.
12. Why can not the creditor control the implementation of the payment?
 Debtor initiates the transactiomn.
13. What kinds of transaction should not be used by Giro system?
 Transactions where seller has no way of influencing the buyer to pay.
14. Why is default risk in Giro system reduced when transactions begin?
 Initial debit and subsequent credit.
15. Name two bill- paying services mentioned in the passage?
 Paying for electricity and gas.
16. If you want to borrow money form a third party, you may have to supply a…………..
A banker’s support B banker’s C banker’s D banker’s
promising promise reference
17. In multinationals, ……………… positions are often for foreigners.

A. manage B. management C. managerial D.B& C
18. She ………….the paper for damages after they wrongly described her as a prostitute.
A. rewarded B. sued C. argued D. negotiated
19. If I had a car, I………………to my parents every week.

A. will go B. went C. would go D. go
20. The foreign exchange market, commonly referred as ………………… is a form of exchange for
the global decentralized trading of international currencies.
A. floating market B. currency market C. forex, FX D. forex, FX, or
currency market
21. I'll get lost if you……………………with me.
A. don't go B. didn't go C. wouldn't go D. won't go
22. Components of balances of payments are ……………………………………..

A. capital and B. current account C. personal D. current
financial account and capital account account and capital account and
account capital and
financial account
23. Which of the following do you use to plan your day?
A…………………………..
A. book B. desk diary C. brochure D. poster
24. In the long term………….is due to increase in the price of raw materials. This is the situation
where prices rise to keep up with increased production cost.
A. devaluation B. inflation C. recession D. deinflation
25. Which of the following is used to memorize new words?

28
A. making B. writing an C. practicing yoga D. doing maths
sentences article
B. TRANSLATION
1. According to VDSC, the SBV is under pressure to loosen credit as the SBV’s statistics showed
credit growth as of August 15 this year reached more than 9.6 per cent, up some 1.5 times compared to
the same period last year. It meant that credit from August 15 to the end of the year will be allowed to
increase by only 4.4 per cent or about VND457.45 trillion, less than half of the credit demand from the
beginning of the year to August 15.
Theo VDSC, NHNN chịu áp lực nới lỏng tín dụng khi thống kê của NHNN cho thấy tăng trưởng
tín dụng tính đến ngày 15/8 năm nay đạt hơn 9,6%, tăng khoảng 1,5 lần so với cùng kỳ năm
ngoái. Nghĩa là tín dụng từ 15/8 đến cuối năm chỉ được phép tăng 4,4%, tương đương khoảng
457,45 nghìn tỷ đồng, chưa bằng một nửa nhu cầu tín dụng từ đầu năm đến 15/8.
2. Capital demand accelerated sharply in the first half of the year. In the first seven months of 2022, the
number of newly established and re-operating enterprises increased by 17.9 per cent and 49.7 per cent
respectively over the same period. This implies that the capital demand for enterprises to return to
operation and their capital need for new investment is still quite large.
Nhu cầu vốn tăng mạnh trong nửa đầu năm. Bảy tháng đầu năm 2022, số doanh nghiệp thành
lập mới và doanh nghiệp quay trở lại hoạt động tăng lần lượt 17,9% và 49,7% so với cùng kỳ.
Điều này cho thấy nhu cầu vốn để doanh nghiệp quay trở lại hoạt động và nhu cầu vốn để đầu tư
mới còn khá lớn.
3. Besides, the tightening will also affect the implementation of the 2 per cent interest rate support
package in the Government’s economic recovery and development programme. The disbursement of
the VND40 trillion support package has remained limited after nearly three months of implementation.
The central bank reported commercial banks lent nearly VND4.1 trillion to nearly 550 customers under
the package.
Bên cạnh đó, việc thắt chặt cũng sẽ ảnh hưởng đến việc thực hiện gói hỗ trợ lãi suất 2% trong
chương trình phục hồi và phát triển kinh tế của Chính phủ. Sau gần 3 tháng triển khai, việc giải
ngân gói hỗ trợ 40 nghìn tỷ đồng còn hạn chế. Ngân hàng trung ương cho biết các ngân hàng
thương mại đã cho gần 550 khách hàng vay gần 4,1 nghìn tỷ đồng theo gói.
4. Hội đồng Quản trị Ngân hàng TMCP Việt Nam Thịnh Vượng (VPBank) mới đây đã phê duyệt ngày
đăng ký cuối cùng thực hiện quyền của đợt phát hành tăng vốn cổ phần từ nguồn vốn chủ sở hữu. Cụ
thể, ngày đăng ký cuối cùng hưởng quyền là 29/9. Tương ứng ngày giao dịch không hưởng quyền là
28/9.
The final registration date to exercise the right of an issue to enhance share capital from equity
has recently been approved by the board of directors of Vietnam Prosperity Commercial Joint
Stock Bank (VPBank). The deadline for registration to exercise the right is specifically
September 29. Correspondingly, the ex-rights date is September 28.
29
5. Theo kế hoạch, VPBank dự kiến phát hành hơn 2,237 tỷ cổ phiếu cho cổ đông để tăng vốn. Tỷ lệ
thực hiện quyền là 2:1, tức cổ đông sở hữu hai cổ phiếu phổ thông tại ngày chốt quyền sẽ được nhận
thêm một cổ phiếu mới. Nguồn phát hành lấy từ lợi nhuận sau thuế chưa phân phối là 21.002 tỷ đồng
và nguồn quỹ dự trữ bổ sung vốn điều lệ là 1.374 tỷ đồng.
The final registration date to exercise the right of an issue to enhance share capital from equity
has recently been approved by the board of directors of Vietnam Prosperity Commercial Joint
Stock Bank (VPBank). The deadline for registration to exercise the right is specifically
September 29. Correspondingly, the ex-rights date is September 28.
30
No 10
I. Read the passages and answer the questions below.
An overdraft is a facility (1. grant) granted to a customer whereby he can overdraw his current
account up to an agreed limit.
From the customer's point of view, the overdraft is the cheapest form of (2. borrow) borrowing as he
pays only what he uses. It gives him greater flexibility. He can at any time deposit money into the
account to reduce the outstanding balance or he can draw out money whenever he needs it as long as
he does not exceed the limit. Interest is calculated (3. day) daily on the (4. fluctuate) fluctuating
outstanding balance and is (5. normal) normally charged at the end of each month. From the bank's
point of view the overdraft has the advantage that it is self- (6. liquidate) liquidating by the normal
turnover of the account though it often has a tendency to develop into hard- core (7. lend) lending.
Whether a banker makes an advance by way of overdraft is usually a matter of the (8. appropriate)
appropriateness of the facility. A (9. satisfy) satisfactory overdraft account is one with a balance
that fluctuates between debit and credit over a (10. reason) reasonable period.
II.Read the passage. Find the words/phrases in the passage to fill in the gaps below
11.There are three main kinds of bank: central, commercial and development banks.
12 Inventory is the same as stock consisting raw materials, unfinished goods and unsold finished
goods.
13. A secured loan means a loan with security.
14. Payables is opposite " receivables "
15. This commercial paper has a maturity of one year (the company will have to pay the principal
and interest in one year's time.)

16. Over the last month, oil prices have fluctuated wildly ...............$96..............$123
A from/to B to/from C in/of D between/and
17. Prices rocketed ..............the beginning of the month and reached a new peak...........$45
A in/to B at/of C in/of D on/at
18. These three items ................nearly 50% of all family expenditure.

A made of B made up C account to D made in
19. Spending .............alcoholic drinks was at 3%.

A for B to C in D on
20. ……is the place where exchange activities occur.

A exchange B money market C floating market D floated market
market
21. Someone ……………….your glasses if you leave them there.

A. is stealing B. would steal C. will steal D. stole
31
22. In the long term ……….is due to increase in the price of raw materials. This is the situation where
prices rise to keep up with increased production cost.
A. devaluation B. inflation C. recession D. crisis
23. In a accordance with our usual terms, payment will be by …………This is a letter from a bank
A. cheque B. banker’s draft C. letter of credit D. cash on delivery
24. We enclose our……….., which is a formal request for payment

A. receipt B. quotation C. commercial invoice D. bill of lading
25. The industry and construction ………..is facing difficulties due to low efficiency and
competitiveness..
A. set B. sector C. section D. part
B. TRANSLATION
1. Trade finance and bank guarantees are one of the bank’s most important service offerings, and the
implementation will now enable BIDV to meet current and future demands. Hosted on their own
servers in Ha Noi, the solutions were deployed and supported by Surecomp’s local teams in Asia and
Europe.
Tài trợ thương mại và bảo lãnh ngân hàng là một trong những dịch vụ quan trọng nhất của ngân
hàng và việc triển khai sẽ giúp BIDV đáp ứng nhu cầu hiện tại và tương lai. Được lưu trữ trên
các máy chủ của họ tại Hà Nội, các giải pháp đã được triển khai và hỗ trợ bởi các nhóm địa
phương của Surecomp ở Châu Á và Châu Âu.
2. This, in turn, will allow customers to manage their import and export activities better. Taking a
pioneering approach to digital innovation, the flexibility of the solutions will also enable the bank to
amend and customise their trade finance instruments as their requirements evolve.
Điều này sẽ cho phép khách hàng quản lý hoạt động xuất nhập khẩu của họ tốt hơn. Thực hiện
một cách tiếp cận tiên phong để đổi mới kỹ thuật số, tính linh hoạt của các giải pháp cũng sẽ cho
phép ngân hàng sửa đổi và tùy chỉnh các công cụ tài trợ thương mại của họ khi yêu cầu của họ
phát triển.
3. “Thanks to a comprehensive collaboration between BIDV, Surecomp and CMC TS, we are
delighted to be in live production with our new digital trade finance operation. Given its high priority,
we believe in the value and competitive edge this digitalisation path brings BIDV,” said Le Trung
Thanh, BIDV’s Senior Executive Vice President.
“Nhờ sự hợp tác toàn diện giữa BIDV, Surecomp và CMC TS, chúng tôi rất vui mừng được đưa
vào sản xuất trực tiếp hoạt động tài trợ thương mại kỹ thuật số mới của mình. Với ưu tiên hàng
đầu, chúng tôi tin tưởng vào giá trị và lợi thế cạnh tranh mà con đường số hóa này mang lại cho
BIDV,” ông Lê Trung Thành, Phó Tổng Giám đốc Cấp cao BIDV cho biết.

4. Trước đó, VPBank đã được Ngân hàng Nhà nước (NHNN) đã chấp thuận việc tăng vốn điều lệ thêm
tối đa 22.377 tỷ đồng dưới hình thức phát hành cổ phiếu để tăng vốn điều lệ từ nguồn vốn chủ sở
32
hữu.Sau khi phát hành thành công, vốn điều lệ của VPBank sẽ đạt 67.433 tỷ đồng, vươn lên trở thành
ngân hàng có vốn điều lệ lớn nhất hệ thống.
Previously, VPBank had been approved by the State Bank (SBV) to increase its charter capital
by a maximum of VND 22,377 billion in the form of shares issuance to increase charter capital
from equity. After successful issuance, VPBank's charter capital will reach VND67,433 billion,
rising to become the bank with the largest charter capital in the system.
5. Cụ thể, đợt 1, ngân hàng sẽ tăng vốn từ 45.056 tỷ đồng lên 67.434 tỷ đồng thông qua việc phát hành
cổ phiếu từ nguồn vốn chủ sở hữu. Đợt 2, ngân hàng sẽ phát hành riêng lẻ cho nhà đầu tư nước ngoài
tối đa 15% vốn điều lệ, nâng tỷ lệ sở hữu nước ngoài lên tối đa 30%, tương đương phát hành thêm 1,19
tỷ cổ phiếu mới.
Specifically, in the first phase, the bank will increase its capital from VND 45,056 billion to VND
67,434 billion through the issuance of shares from equity. In the second phase, the bank will
privately issue up to 15% of charter capital to foreign investors, raising the foreign ownership
rate to a maximum of 30%, equivalent to issuing 1.19 billion new shares.
33
No 11
The factoring companies provide sales-ledger accounting and double-debt protecting services for their
customers. Most of these also offer the guarantee to on-credit buyers.
When a company sells, especially to another company, it usually supplies goods on credit. It means
that the trading is carried out immediately, but payment will take place later. The credit period may be
from one to three months or even longer, depending on the transaction terms concerned. The capital is,
therefore, tied up in unpaid invoices for that period of time, which may hinder the business in the
company. To solve this problem, a factoring company will immediately provide the company selling
on credit with an amount equivalent to the debt. Most major banks offer the factoring services to
corporate customers with the help of their business subsidiaries. The services vary, depending on each
factoring company. However, almost all of them provide help in three main areas:
Purchasing the claims on sold goods and making immediate payment for the companies selling on
credit. The payment is limited to a certain percentage (usually 80%) of the invoices, which have been
accepted by the factors.
Providing the sales-ledger accounting, taking all the responsibility for sales accounting in a
company.Ensuring payment for the items accepted for sales.
I. Say True or False for the following statements.
1. Most factoring companies offer the guarantee to customers buying on credit. T

2. Unpaid invoices may do harm the business of a company. T
3. Services provided by the factoring companies are the same. F
4. The factors pay 80% of all invoices. F
5. Selling on credit means that the payment will be deferred. T
II. Find word/phrase in the text to fill in the blanks, changing its form if necessary
6. The factoring company provide factoring service to customers.

7. They bought the wine for the party on credit (not paying immediately)
8. When a customer buys something without paying money immediately means that he/she is given
credit period
9. The production was hindered by the lack of materials.
10. They added an Item (a credit or debit) to the account.
III. Answer the following questions
11. Does a company usually supply goods for another company on COD (cash on delivery) or on
credit?
 On credit
12. Why does the selling on credit hinder the business in a company?
 Because capital is tied up in unpaid invoices, which leads to shortage of money for further
production
13. How can major banks offer factoring services to corporate customers?
 Through their subsidiaries
14. What do you mean by ‘purchasing the claims on sold goods’?
 Buying receivables (unpaid invoice) for goods which have been sold
34
15. Will the factor companies take all the responsibility for sales accounting in a company.
 Yes, they do

16. In accordance with our usual terms, payment will be by……………This is a letter from a bank
A banker's draft B credit C cheque D letter of credit
17. One of the benefits of forex trading vs. equity trading is………….
A. unimportant B. unequal access C. equality access D. equal access to
access to market to market to market market
information information information information
18. These shares …………………me a good return recently.
A. give B. have given C. gave D. are giving
19. Regular automatic payments of the same amount are called…………..

A. standing B. standing debits C. direct debits D. direct orders
orders
21. Our bank is now providing ATM card for all existing customers…………….
A charge freely B free charge C free of charge D charge
22. The foreign exchange market plays an/a …………………….part in the market economy
A unnecessary B unimportant C needed D indispensable
23. Banks need to seek new services to meet the…………needs.
A change B changed C changing D unchange
24. The foreign exchange market, commonly referred as ………………… is a form of exchange for
the global decentralized trading of international currencies.
A forex, FX B forex, FX, or C floating market D currency market

currency market
25. …………….will create a positive entry in a trade balance.
A an import B an export C importing D borrowing
B. TRANSLATION
1. “We congratulate BIDV on successfully deploying this new trade finance platform. CMC
Technology and Solution is proud to be BIDV’s technology partner in this project, with Surecomp
delivering a best-in-class solution. We will strive to provide BIDV with industry-leading services and
solutions to support them remaining at the industry forefront,” said Ho Thanh Tung, CEO of CMC
Corporation and CMC TS.
Ông Hồ Thanh Tùng, Tổng Giám đốc Tập đoàn CMC và CMC TS cho biết “Xin chúc mừng
BIDV đã triển khai thành công nền tảng tài trợ thương mại mới này. Công nghệ và Giải pháp
CMC tự hào là đối tác công nghệ của BIDV trong dự án này, với Surecomp mang đến giải pháp
tối ưu nhất. Chúng tôi sẽ cố gắng cung cấp cho BIDV các dịch vụ và giải pháp đầu ngành để hỗ
trợ họ duy trì vị trí dẫn đầu trong ngành”.
2. In particular, Moody's expects that in 2020, the country's central bank will grant higher limits for
loan growth to banks that have adopted Basel II and maintain good financials. The higher growth limits
35
will translate into larger gains in earnings and widen the profitability gap between banks that have and
have not adopted the new capital standard.
Cụ thể, Moody's kỳ vọng vào năm 2020, ngân hàng trung ương nước này sẽ cấp hạn mức tăng
trưởng cho vay cao hơn cho các ngân hàng đã áp dụng Basel II và duy trì tình hình tài chính tốt.
Giới hạn tăng trưởng cao hơn sẽ chuyển thành thu nhập lớn hơn và mở rộng khoảng cách về lợi
nhuận giữa các ngân hàng đã và chưa áp dụng tiêu chuẩn vốn mới.
3. After the State Bank of Vietnam (SBV) approved VPBank to increase charter capital in the form of
share issuance from the equity source, the bank will issue a maximum of 2.23 billion shares at the rate
of 50 per cent to increase its charter capital from VND45.05 trillion to VND67.43 trillion in the third
quarter of 2022.
Sau khi được Ngân hàng Nhà nước (NHNN) chấp thuận cho VPBank tăng vốn điều lệ theo hình
thức phát hành cổ phiếu từ nguồn vốn chủ sở hữu, ngân hàng sẽ phát hành tối đa 2,23 tỷ cổ
phiếu tỷ lệ 50% để tăng vốn điều lệ từ 45 tỷ đồng. 0,05 nghìn tỷ đồng lên 67,43 nghìn tỷ đồng vào
quý 3 năm 2022.
4. Nếu hoàn tất 2 đợt phát hành này, vốn điều lệ của VPBank sẽ tăng lên mức 79.334 tỷ đồng, vượt xa
các ngân hàng quốc doanh như Vietcombank, VietinBank hay BIDV. Năm 2022, VPBank đặt kế hoạch
lợi nhuận trước thuế hợp nhất tăng hơn gấp đôi, lên 29.662 tỷ đồng. Trong đó, lợi nhuận của ngân hàng
mẹ ước đạt trên 23.000 tỷ đồng, tăng trưởng 66% so với năm trước.
If these two issuances are completed, VPBank's charter capital will increase to VND 79,334
billion, far exceeding state-owned banks such as Vietcombank, VietinBank or BIDV. In 2022,
VPBank plans to more than double its consolidated pre-tax profit to VND 29,662 billion. In
which, the parent bank's profit is estimated at over VND 23,000 billion, up 66% over the
previous year.
5. Tổng tài sản đến cuối năm đạt 697,4 nghìn tỷ đồng, tăng trưởng 27,4% so với cuối năm 2021, trong
đó, dư nợ cấp tín dụng dự kiến đạt hơn 518,4 nghìn tỷ đồng, tăng trưởng tới 35%. Tiền gửi khách hàng
và giấy tờ có giá đến cuối năm dự kiến đạt hơn 413 nghìn tỷ đồng, tăng trưởng 27,8%. Tỷ lệ nợ xấu
của ngân hàng riêng lẻ kiểm soát dưới 2%.
Total assets by the end of the year will reach VND 697.4 trillion, an increase of 27.4% compared
to the end of 2021, of which, credit balance is expected to reach more than VND 518.4 trillion,
growing to 35%. Deposits from customers and valuable papers by the end of the year are
expected to reach more than VND 413 trillion, up 27.8%. The bad debt ratio of individual banks
is controlled below 2%.
36
No 12
Passage 1: CURRENT ACCOUNTS
A current account is an account which allows customers to take out or withdraw money, with no
restrictions. Money in the account does not usually earn a high rate of interest: the bank does not pay
much for ‘borrowing’ your money. However, many people also have a savings account or deposit
account which pays more interest but has restrictions on when you can withdraw your money. Banks
usually send monthly statements listing recent sums of money coming in, called credits.
Nearly all customers have a debit card allowing them to make withdrawals and do other transactions at
cash dispensers. Most customers have a credit card which can be used for buying goods and services as
well as for borrowing money. In some countries, people pay bills with cheques. In other countries,
banks do not issue cheque books and people pay bills by bank transfer. These include standing orders,
which are used to pay regular fixed sum of money, and direct debits, which are used when the amount
and payment date varies.
Passage 2: BANKING PRODUCT AND SERVICES
Commercial banks offer loans – fixed sums of money that are lent for a fixed period (e.g. two years).
They also offer overdrafts, which allow customers to overdraw an account. That means customers can
have a debt, up to an agreed limit, on which interest is calculated daily. This is cheaper than a loan if,
for example, you only need to overdraw for a short period. Banks also offer mortgages to people who
want to buy a place to live. These are long-term loans on which the property acts as collateral or
guarantee for the bank. If the borrower does not repay the mortgage, the bank can repossess the house
or flat: the bank takes it back from the buyer, and sells it.
Banks exchange foreign currency for people going abroad, and sell traveler’s cheques which are
protected against loss or theft. They also offer advice about investments and private pension plans –
saving money for when you retire from work. Increasingly, banks also try to sell insurance products to
their customers.
Passage 3: E-BANKING
In the 1990s, many commercial banks thought the future would be in telephone banking, and internet
banking or e-banking, but they discovered that most of their customers preferred to go to the branches,
local offices of the bank – especially ones that had longer opening, and which conveniently situated in
shopping centers.
I. The terms below are taken from the three passages. Use them to complete the advertisement.
Write your answer next to Questions 1-9 below.
credit card current accounts debit card
direct debit statements foreign currency
37
savings accounts standing order traveler’s cheques
CALLING ALL STUDENTS

ACB Bank now offers 1% interest on (1) … and 2.5% on (2) … We will give you a checkbook and
plastic: a free (3) … for use in cash dispensers, and the possibility to apply for a (4) …You can pay
fixed monthly bills by (5) … and other bills by (6) … There are no account charges as long as you
remain in credit, and we send you monthly (7) … We can also sell you (8)… for your next holiday, or
(9)… for greater security. What are you waiting for? Call us today.
1) current accounts 4) credit card 7) statements

2) savings accounts 5) standing order 8) foreign currency
3) debit card 6) direct debit 9) traveler’s cheques
II. Find the terms in Passage 2 with the following meanings. Write the terms next to Questions
10-15.
10) interest what you earn when you leave your money in the bank
11) loan an amount of money borrowed from a bank for a certain
length of time, usually for a specific purpose
12) collateral something that acts as a security or a guarantee for a debt
13) overdraft an arrangement to withdraw more money from a bank
account than you have placed in it
14) mortgage a long-term loan to buy somewhere else to live
15) repossess to take back property that has not been completely paid for.
16. An LC is useful when …………………………………………………… is difficult to obtain.

A reliable credit B reliable credit C inreliable credit D unreliable credit
information about information about information about information about
a foreign buyer a foreign seller a seller a foreign buyer
17. I wonder ……………the tickets are on sales yet.

A. what B. when C. where D. whether
18. Someone………………there's been an accident on the motorway.
A. asked B. said C. spoke D. told
19. Remittance is …………………………

A. a method B. a method of C. type of account D. an account
of transfer payment
38
20. My girlfriend always wants to get on her own. She doesn't like compromise. My friends say she's a
very……… negotiator.
A. weak B. formal C. informal D. strong

is very important.

A. pay B. pays C. paid D. paying
A not act as a B act as a C will not act as a D be never act as a

storehouse of the storehouse of the storehouse of the storehouse of the
country or region’s country or country or region’s country or region’s
wealth region’s wealth wealth wealth

A. think B. see C. distinguish D. divide
A oriented B profit-oriented C nonprofit- D unprofit-oriented

financial financial oriented financial financial institution
institution. institution. institution
B. TRANSLATION
1) The results are clear. The CPI, after peaking in April, slowed down rapidly and was less than 1 per
cent in August. Hopefully, with the persistent implementation of Resolution No 11, inflation will come
down to a single digit in 2013.
Kết quả là rõ ràng. CPI sau khi đạt đỉnh vào tháng 4 đã giảm nhanh và chỉ còn dưới 1% trong
tháng 8. Hy vọng với việc kiên trì thực hiện Nghị quyết 11, lạm phát sẽ xuống một con số trong
năm 2013.
2) In a comprehensive set of proposals about the nation's banking system sent on Tuesday to newly-
appointed Minister of Finance Vuong Dinh Hue and State Bank Governor Nguyen Van Binh, The Viet
Nam Association of Financial Investors also said that the central bank should put a freeze on the
establishment of new insurance and gold trading enterprises.
Trong một loạt các đề xuất toàn diện về hệ thống ngân hàng của quốc gia được gửi vào thứ ba tới
Bộ trưởng Bộ Tài chính mới được bổ nhiệm Vương Đình Huệ và Thống đốc Ngân hàng Nhà
nước Nguyễn Văn Bình, Hiệp hội các nhà đầu tư tài chính Việt Nam cũng cho rằng ngân hàng
trung ương nên đóng băng thành lập mới doanh nghiệp bảo hiểm, doanh nghiệp kinh doanh
vàng.
3) General secretary Nguyen Hoang Hai also said that the central bank needed to consider policies
aimed at lowering lending interest rates, currently averaging a whopping 20-25 per cent per year.
39
Tổng thư ký Nguyễn Hoàng Hải cũng cho rằng NHNN cần xem xét các chính sách nhằm hạ lãi
suất cho vay, hiện nay trung bình ở mức cao 20-25%/năm.
4) Đây là đợt giảm lãi suất thứ 3 trong năm của những ngân hàng này. Như vậy, so với hồi đầu năm thì
hiện mức lãi suất tiền gửi kỳ hạn 1 tháng tại những ngân hàng này đã giảm từ 1,3-1,5%/năm.
This is the third interest rate cut of these banks this year. As a result, these banks' 1-month term
deposit interest rate has dropped from 1.3-1.5 %/year compared to the beginning of the year.
5) Một số ngân hàng thương mại yếu kém với thanh khoản thấp đã lộ diện và chịu sự kiểm soát đặc
biệt. Hoạt động cơ cấu lại các ngân hàng đã được đẩy mạnh, với sự hợp nhất của ba ngân hàng thương
mại: Đệ Nhất, Tín Nghĩa và Ngân hàng thương mại cổ phần Sài Gòn.
Some weak commercial banks with low liquidity have been exposed and are under special
control. Bank restructuring activities have been accelerated, with the consolidation of three
commercial banks: De Nhat, Tin Nghia and Saigon Commercial Joint Stock Bank.
40
No 13
1. A note on which the retailer write down the details of voucher

the sale such as date, cardholder's name, the amount and
etc.
2. current (present) at a time. existing
3. minus (subtracted) less
4. very bad points drawbacks
5. with no doubt (certain) unquestionable
F for False
6. T Credit given to consumers using credit cards has been the fastest growth in
recent years.
7. F All retailers accepted credit cards issued by banks.
8. F Credit card holders did not have to pay interest.
9. T Accepting credit cards in selling goods or services attracted more
customers.
10. F The problems with banks could not be solved.
41
11. What kind of customers did the bank issue credit cards to?
 Existing customers
12. What did the salesperson need to do every day?
 Present sale vouchers to the bank
13. When was he salesperson's account credited?
 After the voucher is sent to the bank
14. Why was a credit card advantageous to the card issuing bank?
 Bank collected fee and charged interest on the outstandings
15. Why was the appearance of two national credit card authorities important?
 It solved the drawbacks of local bank credit cards
A small market B mass market C declining market D smallest market
A. produced, B. nonproduced, C. nonproduced, D. productive,
nonfinancial assets financial assets nonfinancial nonfinancial assets
assets

22. Current account includes …………………………………………
A. trade balance, B. trade balance, C. goods, services, D. services,
goods, services, goods, services, incomes and incomes and
and current incomes and current transfers current transfers
transfers current transfers
the equipment.

B. TRANSLATION
42
1) The central bank, in conjunction with the Ministry of Agriculture and Rural Development and the
Ministry of Science and Technology, has been implementing the programme since May this year.
Ngân hàng Trung ương phối hợp với Bộ Nông nghiệp và Phát triển nông thôn, Bộ Khoa học và
Công nghệ triển khai chương trình từ tháng 5 năm nay.
2) According to the central bank, many of these models have shown their effectiveness in several areas,
such as the large-scale rice field model in An Giang province, the hi-tech vegetable and flower
production model in Lam Dong province and the dairy farming and milk production model in the
central Nghe An province.
Theo NHNN, nhiều mô hình trong số này đã phát huy hiệu quả trên một số lĩnh vực như mô hình
cánh đồng lúa lớn ở tỉnh An Giang, mô hình sản xuất rau hoa công nghệ cao ở tỉnh Lâm Đồng,
mô hình chăn nuôi bò sữa và chăn nuôi bò sữa. Mô hình sản xuất sữa tại Nghệ An
3) Vietnam has been spending more on imports than it earns from exports. The trade deficit reached
about US$6.6 billion in the first five months of the year, up 23 percent from the same period in 2010.
Việt Nam đã và đang chi tiêu nhiều hơn cho nhập khẩu so với thu nhập từ xuất khẩu. Nhập siêu
khoảng 6,6 tỷ USD trong 5 tháng đầu năm, tăng 23% so với cùng kỳ năm 2010.

4) Trong tuần qua, chúng tôi nhận thấy các NH nhóm một đã đồng loạt giảm lãi suất huy động tiền gửi
bằng VND đối với hầu hết các kỳ hạn từ 1 đến 12 tháng. Trong đó, Vietcombank đang duy trì các mức
lãi suất tiền gửi thấp nhất ở tất cả các kỳ hạn.
We have observed that group 1 banks concurrently lowered their VND deposit interest rates for
most terms from 1 to 12 months over the previous week. Vietcombank continues to offer the
lowest deposit interest rates across all terms in this.
5) Vậy tại sao các NH liên tiếp hạ lãi suất huy động? Câu trả lời rất dễ dàng là thanh khoản của các NH
này hiện đang rất dồi dào. Tổng số dư đầu tư vào tín phiếu của các NH đã tăng nhanh từ giữa tháng 9
tới nay.
Why then do banks keep lowering deposit rates? The answer is simple—these banks have a ton
of liquidity. From the middle of September until this point, the total balance of bank investments
in T-bills has climbed quickly.
43
No 14
Debt financing is classified as short-term or long-term. Short-term debt issues must be repaid within
three to five years. Loans obtained from commercial banks are common form of short-term debt. Bank
lines of credit allow a firm to borrow up to a specified maximum but require that the loan balance be
zero for one or more months during a year. Banks will also provide two or three year loans, but these
are often secured by claim to inventories or accounts receivable if they are not paid on time.
Three other major types of short-term financing include commercial paper, pledging and factoring.
Commercial paper is a debt of the firm that has maturity of one year or less. It is sold only by large,
financially sound firms and has an interest cost slightly less than the prime rate given to lowest-risk
bank loans. Factoring and pledging are used by smaller, less stable companies. Factoring is the
physical sale of the firm’s receivables due from customers. Pledging is the loan secured by the firm’s
receivables due from customers. Because of their increased risk, pledging and factoring bear a large
interest cost to the firm than commercial paper.
Before the mid-1960s, virtually all debt issues were sold within the country in which the corporation
resided. Since then, international financing has increased dramatically. Much of this international
financing is short-term and takes place in what is referred to as the Eurodollar market. A Eurodollar
market is a US dollar deposited in a foreign bank without being converted to the local currency.
France, German, Japan and Great Britain are major sources of Eurodollar loans.
I. Decide whether the following statements are true or false
1. There are four types of short-term financing mentioned in the text. T
2. The maximum term of short-term debts is five years. T
3. The interest on commercial papers is usually smaller than that on bank loans. T
4. Factoring is the sale by a company of its accounts receivable. T
5. The interest on factoring is often higher than that on commercial papers. F
6. Loans obtained from a commercial bank are common form of long-term debt. F
7. Financing can be domestic and international. T
8. After 1960, international financing has developed so much. T
II. Find words/phrases in the text to fill in the gaps below

9. There are three main kinds of bank: central, commercial and development banks.
10. Inventory is the same as stock consisting raw materials, unfinished goods and unsold finished
goods.
11. A secured loans means a loan with security.
12. Payable is opposite ‘receivables’
13. This commercial paper has a maturity of one year (the company will have to pay the principle
and interest in one year’s time.)
14. The finances of this company is sound at the moment (good)
15. The course of new banking products and services will take place in the Banking Academy in two
month’s time.

16. The forex market participants include ……..
44
A central banks, B central banks, C central banks, D central banks,
other banks, other banks, other banks, other banks,
interbank brokers, interbank interbank brokers, commercial
retail brokers, brokers, commercial companies, retail
hedge funds, commercial companies, retail brokers, investors
investors and companies, retail brokers, investors and speculators.
speculators. brokers, hedge and speculators.
funds, investors
and speculators.
17. Sofitel hotel has an excellent range of faciltities and no doubt you will be aware…..the fact that the
local area is rich in cultural interest.
A to B of C for D with
18. Revenue represents any increase in owners’ equity resulting…………the operations of a business.
A with B to C from D in
19. Exchange rate is the value of one currency of one country in relation ………….another.
A at B to C with D in
20. Recently, UK family income……………in real terms.

A doubled B has doubled C was doubled D doubling
21. Everyday millions of people……………….to the Internet to share information, do business and
communicate with each other.
A convince B connect C persuade D concept
22. Vietnam’s economy mainly relies …………exploiting natural resources

A on B with C of D at
23. Commercial banks' functions are to...............

A support B support C create money,D create money,
smoothly payments payments support smoothly
support smoothly
mechanism, help mechanism, help payments payments
community community mechanism, help
mechanism, help
savings, support savings, support community community
smoothly international savings, store
savings, support
international transaction,store valuable goods,
smoothly
transaction,store valuable goods, provide other
international
valuable goods, provide other services transaction,store
provide other services valuable goods,
services provide other
services
24. Current account…………..may apply for a Grimleys Credit Card.
A people B users C holders D owners
25. You will need to ………….your PIN each time you use the card.
A enter B type C typical D put in
B. TRANSLATION
45
1. The SBV has so far approved charter capital plans of banks such as NamABank, Kienlongbank,
VietBank, VietCapitalBank and OCB.For the group of State-owned banks including Vietcombank,
VietinBank and BIDV, though information has not been published, these banks all expect to pay
dividends in shares this year.
Đến nay, NHNN đã phê duyệt phương án vốn điều lệ của các ngân hàng như NamABank,
Kienlongbank, VietBank, VietCapitalBank và OCB. Đối với nhóm ngân hàng quốc doanh gồm
Vietcombank, VietinBank và BIDV, dù chưa công bố thông tin nhưng các ngân hàng này đều kỳ
vọng sẽ trả cổ tức bằng cổ phiếu trong năm nay.
2. Shareholders of VietinBank also approved a share dividend payment from the source of
undistributed after-tax profit, and a cash dividend payment plan in 2020. Specifically, the bank will
issue more than 569 million shares to pay dividends, equivalent to a rate of 11.85 per cent.
Cổ đông VietinBank cũng thông qua phương án trả cổ tức bằng cổ phiếu từ nguồn lợi nhuận sau
thuế chưa phân phối và phương án trả cổ tức bằng tiền năm 2020. Cụ thể, ngân hàng sẽ phát
hành hơn 569 triệu cổ phiếu để trả cổ tức, tương ứng tỷ lệ 11,85%/cổ phiếu. xu.
3. This year, all banks will have to continually pay dividends in shares, instead of cash, according to
the SBV’s requirement. Right from the beginning of the year, the SBV’s Governor Nguyen Thi Hong
issued Directive 01/CT-NHNN on organising the implementation of key tasks of the banking industry
in 2022, in which banks are required to not pay dividends in cash in 2022 with an aim to continually
reduce lending interest rates..
Năm nay, tất cả các ngân hàng sẽ phải liên tục trả cổ tức bằng cổ phiếu, thay vì tiền mặt, theo
yêu cầu của NHNN. Ngay từ đầu năm, Thống đốc NHNN Nguyễn Thị Hồng đã ban hành Chỉ thị
01/CT-NHNN về việc tổ chức thực hiện nhiệm vụ trọng tâm của ngành ngân hàng năm 2022,
trong đó yêu cầu các ngân hàng không chia cổ tức bằng tiền năm 2022 với tỷ lệ hướng tới mục
tiêu liên tục giảm lãi suất cho vay.
4. PGBank từng là ngân hàng được rất nhiều “ông lớn” quan tâm, một phần sức hấp dẫn đến từ hệ sinh
thái của cổ đông lớn Petrolimex. Những ngân hàng như VietinBank, MB, HDBank đều đã từng “tìm
hiểu” và thậm chí đã có kế hoạch sáp nhập PGBank. Tuy nhiên, những “mối duyên” này đến cuối cùng
đều không thành công.
PGBank used to be a bank that many "big guys" were interested in, thanks in part to
Petrolimex's ecosystem as a significant stakeholder. VietinBank, MB, and HDBank are just a few
of the banks that have "learned" and even intended to combine with PGBank. These
"predestined unions," meanwhile, inevitably failed.
5. Năm 2018, kế hoạch sáp nhập giữa HDBank và PGBank được công bố và cũng đã được NHNN
chấp thuận nguyên tắc. Dù vậy, đến năm 2021, việc sáp nhập PGBank lần nữa thất bại. Trong trạng
thái chờ sáp nhập, chờ Petrolimex thoái vốn những năm qua, kết quả kinh doanh của PGBank khó có
sự bứt phá và thậm chí còn ảnh hưởng tới đội ngũ nhân sự của nhà băng này.
The merger between HDBank and PGBank was announced in 2018 and received preliminary
approval from the State Bank. However by 2021, PGBank's deal had once more fallen through.
In recent years, it has been challenging for PGBank's business performance to make a
46
breakthrough and even have an impact on the bank's personnel due to the situation of waiting
for a merger and Petrolimex's capital divestiture.
47
No 15
Passage 1: CURRENT ACCOUNTS
A current account is an account which allows customers to take out or withdraw money, with no
restrictions. Money in the account does not usually earn a high rate of interest: the bank does not pay
much for ‘borrowing’ your money. However, many people also have a savings account or deposit
account which pays more interest but has restrictions on when you can withdraw your money. Banks
usually send monthly statements listing recent sums of money coming in, called credits.
Nearly all customers have a debit card allowing them to make withdrawals and do other transactions at
cash dispensers. Most customers have a credit card which can be used for buying goods and services as
well as for borrowing money. In some countries, people pay bills with cheques. In other countries,
banks do not issue cheque books and people pay bills by bank transfer. These include standing orders,
which are used to pay regular fixed sum of money, and direct debits, which are used when the amount
and payment date varies.
Passage 2: BANKING PRODUCT AND SERVICES
Commercial banks offer loans – fixed sums of money that are lent for a fixed period (e.g. two years).
They also offer overdrafts, which allow customers to overdraw an account. That means customers can
have a debt, up to an agreed limit, on which interest is calculated daily. This is cheaper than a loan if,
for example, you only need to overdraw for a short period. Banks also offer mortgages to people who
want to buy a place to live. These are long-term loans on which the property acts as collateral or
guarantee for the bank. If the borrower does not repay the mortgage, the bank can repossess the house
or flat: the bank takes it back from the buyer, and sells it.
Banks exchange foreign currency for people going abroad, and sell traveler’s cheques which are
protected against loss or theft. They also offer advice about investments and private pension plans –
saving money for when you retire from work. Increasingly, banks also try to sell insurance products to
their customers.
Passage 3: E-BANKING
In the 1990s, many commercial banks thought the future would be in telephone banking, and internet
banking or e-banking, but they discovered that most of their customers preferred to go to the branches,
local offices of the bank – especially ones that had longer opening, and which conveniently situated in
shopping centers.
I. The terms below are taken from the three passages. Use them to complete the advertisement.
Write your answer next to Questions 1-9 below.
credit card current accounts debit card
direct debit statements foreign currency
48
savings accounts standing order traveler’s cheques
CALLING ALL STUDENTS

ACB Bank now offers 1% interest on (1) … and 2.5% on (2) … We will give you a checkbook and
plastic: a free (3) … for use in cash dispensers, and the possibility to apply for a (4) …You can pay
fixed monthly bills by (5) … and other bills by (6) … There are no account charges as long as you
remain in credit, and we send you monthly (7) … We can also sell you (8)… for your next holiday, or
(9)… for greater security. What are you waiting for? Call us today.
1) current accounts 4) credit card 7) statements

2) savings accounts 5) standing order 8) foreign currency
3) debit card 6) direct debit 9) traveler’s cheques
II. Find the terms in Passage 2 with the following meanings. Write the terms next to Questions
10-15.
10) interest what you earn when you leave your money in the bank
11) loan an amount of money borrowed from a bank for a certain
length of time, usually for a specific purpose
12) collateral something that acts as a security or a guarantee for a debt
13) overdraft an arrangement to withdraw more money from a bank
account than you have placed in it
14) mortgage a long-term loan to buy somewhere else to live
15) repossess to take back property that has not been completely paid for.
16.Tomorrow, I’m…………… a presentation to Mrs.Lee’s sales staff on our new products

a. Having b. Doing c. Performing d. making
.
17.Mrs.Ha is our…………buyer in this area. She’s very important to us.
a. Chef b. Chief c. Minor d. valuable
18.The new employee got the sack yesterday because she always……………mistake.
a. Did b. Made c. Got d. caused
19.With important decisions, you need a long time to……………..

a. Do b. Make c. Get d. have
20.………….. is the group of people that you want to sell your products to.
a.Target market b.Sales target c.Consumer profile d.Customer
49
orientation
21. I get an accountant to fill in my tax return for me. I don’t have a very good…………….for figures.
A mind B head C brain D arm
22. An insolvent company often goes into liquidation. A private individual who cannot pay his/her
debts may be declared …………..by a court.
A bankrupt B indebted C pennieless D pence
23. The technical meaning of insolvency is that a person or company’s………..exceed their assets.
A payments B liabilities C debt D expenses
24. When all the assets of a company have been used as security for a loan, and the company defaults
on repayments, the lender may force the company to go into………..
A receivership B reception C reciprocation D receipt
25. In the UK, mergers and acquisitions are not..........by the government
A controlled B checked C checked D floated
B. TRANSLATION
1. This is the third consecutive year that the SBV has required banks not to pay dividends in cash. In
2021, the SBV also issued a similar directive requiring banks to switch to share dividends. The only
exception to paying cash dividends is State-owned banks, including Vietcombank, BIDV, and
VietinBank, as required by the State Treasury.
Đây là năm thứ 3 liên tiếp NHNN yêu cầu các ngân hàng không chia cổ tức bằng tiền. Năm 2021,
NHNN cũng có chỉ đạo tương tự yêu cầu các ngân hàng chuyển sang chia cổ tức. Ngoại lệ duy
nhất trả cổ tức bằng tiền mặt là các ngân hàng Nhà nước gồm Vietcombank, BIDV, VietinBank
theo yêu cầu của Kho bạc Nhà nước.
2. On Tuesday, the State Bank of Việt Nam set the daily reference exchange rate at VNĐ23,206 per
dollar, up five đồng from the previous day. With the current trading band of +/-3 per cent, commercial
banks are allowed to apply the ceiling rate for the dollar during the day at VNĐ23,902 and the floor
rate at VNĐ22,509.
Hôm thứ Ba, Ngân hàng Nhà nước Việt Nam ấn định tỷ giá hối đoái tham chiếu hàng ngày ở
mức 23.206 đồng mỗi đô la, tăng 5 đồng so với ngày hôm trước. Với biên độ +/-3% hiện nay, các
ngân hàng thương mại được phép áp trần tỷ giá đồng USD trong ngày ở mức 23.902 đồng và tỷ
giá sàn ở mức 22.509 đồng.
3. According to Fitch Ratings, low capitalisation levels are likely to remain a credit weakness for
Vietnamese banks as rapid loan growth will make it challenging to raise capital adequacy ratios
(CARs) in the next two to three years.
Theo Fitch Ratings, mức vốn hóa thấp có thể vẫn là một điểm yếu trong tín dụng đối với các
ngân hàng Việt Nam vì tốc độ tăng trưởng cho vay nhanh chóng sẽ gây khó khăn cho việc tăng tỷ
lệ an toàn vốn (CAR) trong hai đến ba năm tới.
50
4. Trên thị trường chứng khoán, đóng cửa phiên giao dịch ngày 19/9/2022, giá cổ phiếu PGB của
PGBank đứng ở mức 21.400 đồng/cp. Vốn hoá của nhà băng này là hơn 6.400 tỷ đồng, thuộc nhóm 5
ngân hàng nhỏ nhất trên sàn chứng khoán.
At the end of the business day on September 19, 2022, the price of PGBank PGB shares on the
stock market was VND 21,400 per share. This bank, one of the five smallest banks listed on the
stock exchange, has a market capitalization of more than 6,400 billion dongs.
5. Về kết quả kinh doanh, trong 6 tháng đầu năm 2022, lợi nhuận sau thuế của PGBank đạt 192,2 tỷ
đồng, tăng 40% so với cùng kỳ năm ngoái. Tại ngày 30/6/2022, tổng tài sản ngân hàng đạt 39.636,9 tỷ
đồng, giảm 2,1% so với đầu năm. Cho vay khách hàng cũng giảm 4,4% xuống còn 26.271,7 tỷ đồng;
tỷ lệ nợ xấu trên tổng dư nợ tăng từ 2,52% lên 2,67%.
In terms of business outcomes, PGBank's profit after tax in the first half of 2022 was VND 192.2
billion, up 40% from the same period in 2021. Total bank assets were VND 39,636.9 billion as of
June 30, 2022, a 2.1% decrease from the year's start. Moreover, loans to consumers fell by 4.4%
to 26,271.7 billion dongs, and the proportion of bad debt to all existing loans rose from 2.52% to
2.67%.
51
No 16
Credit cards are a means of exchange, not of payment. Ultimate payment by the card user occurs at
the end of the month when a cheque is written or a bank account is debited to settle the outstanding
balance. In that respect, credit cards are akin to credit for the users, and a substitute credit long
extended by retailers to customers.
However, to the seller of goods, sales made to the credit card users have similarities' those made to
cheque writers. Costs and fee may differ, but credit card sales vouche can be effectively credited to the
merchant's bank account in a similar manner' cheque received. Because the voucher is a claim on the
credit card company or card issuing bank, the risk of non payment is lower.
In the ways that most are currently structured, credit card systems can be thoug of as similar to the
cheque payments system. Paper (i.e. vouchers) flows in a similar direction, the major difference being
the timing of transactions and liabilities incurrec along the way. The card holder/voucher writer is
given short-term credit (a short-term loan or long-term float) by the card issuing body between the
immediate unconditional credit to the merchant involved and delayed collection of value from the card
holder.
The combination of float to card holders and more or less immediate reimburseme .
to stores is thought to be one factor inhibiting the greater use of EFTPOS system, in
which float is absent.
I.Find in the passage the word or phrase having the same meaning as the follows.
1. final ultimate
2. the amount not paid yet outstanding
3. similar to akin
4. given more time to do smth extended
5. an item of asset which is the opposite of a debt claim
6. retailer seller
7. organized structured
8. float loan/credit
9. repayment reimbursement
10. preventing, hindering inhibiting
II.True or False statements
52
11.Credit cardholder’s account will be debited immediately when he uses his card to pay for goods or
services. F
12.Credit cards are akin to trade cradit for the cardholders. T
13.Credit card are totally the same as cheques. F
14.The flow of cheques and vouchers is the same. T
15.Deferred repayment by credit card holders prevents the greater use of EFTPOS system. T
16………………….is the selling of goods to business, usually in large qualities.

A.Wholesale B.Retail C.Supply D. Distribute
17.According to our policy, you can pay a $500……………and the rest in 12 monthly instalment.
A.deposit B.commission C. interest D.bonus
18.…………. is the time when the seller repairs or releases a product free of charge.
A.Cooling off period B.After - sale service C.Guarantee period D.Pay -back policy
19.The train from Brighton is ………………….by half an hour because of bad weather.
A.stopped B.paused C.delayed D.cancelled
20.……………….is an arrangement to divide the duties and the pay of one job between two or more
people in the same company.
A.Job share B.Share job C.Part- time job D.Full time job
21. Another word for shareholders (especially in American English) is…………..

A ticket-holders B stockholders C paper-holder D paper-holding
22. Because Britain is an island, in British English, a bank account in another country is known as
an……….account.
A off-island B off-coast C offshore D off- drop
23. The primary role of commercial banks in the developed world is to offer business bank accounts
with standard options, such as deposits, ……………….. and loans.
A savings B providers C borrowers D withdrawals
24. A secondary role of commercial banks is …………….the development of the local economy.
A supportting B supported C supporting D support
25. Investing in new businesses is a ………………. aspect of commercial banking.

A majority B major C unmajor D inmajor
B. TRANSLATION
1. Fitch estimates that the banks that are still to become Basel II compliant need only about US$0.6
billion of new capital to meet the local Basel II minimum CAR requirement of 8 per cent before the
implementation deadline in January 2023.
53
Fitch ước tính rằng các ngân hàng vẫn tuân thủ Basel II chỉ cần khoảng 0,6 tỷ USD vốn mới để
đáp ứng yêu cầu CAR tối thiểu của Basel II trong nước là 8% trước thời hạn thực hiện vào
tháng 1 năm 2023.
2. However, Fitch calculates the banking system's additional capital needs would rise to as much as
$10.7 billion (2.9 per cent of GDP) if banks were to raise their loan-loss reserves to cover potential
losses from all problem loans, while simultaneously maintaining average CARs at 10 per cent. State
banks drive much of the shortfall, due to their lower capital positions.
Tuy nhiên, Fitch tính toán nhu cầu vốn bổ sung của hệ thống ngân hàng sẽ tăng lên tới 10,7 tỷ
USD (2,9% GDP) nếu các ngân hàng tăng dự phòng rủi ro cho vay để bù đắp các khoản lỗ tiềm
ẩn từ tất cả các khoản cho vay có vấn đề, đồng thời duy trì CAR trung bình ở mức 10 phần trăm.
Các ngân hàng nhà nước chiếm phần lớn sự thiếu hụt, do vị thế vốn thấp hơn của họ.
3. The State Bank of Vietnam (SBV) last year issued Circular No. 14/2021/TTNHNN. Under the
circular, the SBV told banks to reschedule debt repayments to help customers affected by the COVID-
19 pandemic until June 30 this year. The circular also allowed banks to keep the debt classification for
COVID-19 borrowers unchanged.
Ngân hàng Nhà nước Việt Nam (NHNN) năm ngoái đã ban hành Thông tư số 14/2021/TTNHNN.
Theo thông tư, NHNN yêu cầu các ngân hàng thực hiện giãn nợ để hỗ trợ khách hàng bị ảnh
hưởng bởi dịch COVID-19 đến ngày 30/6 năm nay. Thông tư cũng cho phép các ngân hàng giữ
nguyên phân loại nợ đối với khách hàng vay COVID-19.

4. Trên thị trường chứng khoán, đóng cửa phiên giao dịch ngày 19/9/2022, giá cổ phiếu PGB của
PGBank đứng ở mức 21.400 đồng/cp. Vốn hoá của nhà băng này là hơn 6.400 tỷ đồng, thuộc nhóm 5
ngân hàng nhỏ nhất trên sàn chứng khoán. Cơ cấu cổ đông của ngân hàng khá cô đặc nên thanh khoản
của PGB trên sàn giao dịch chứng khoán rất thấp.
At the end of the business day on September 19, 2022, the price of PGBank PGB shares on the
stock market was VND 21,400 per share. This bank, one of the five smallest banks listed on the
stock exchange, has a market capitalization of more than 6,400 billion dongs. Due to the bank's
highly concentrated shareholder structure, PGB's stock market liquidity is quite low.
5. Tại ngày 30/6/2022, tổng tài sản ngân hàng đạt 39.636,9 tỷ đồng, giảm 2,1% so với đầu năm. Cho
vay khách hàng cũng giảm 4,4% xuống còn 26.271,7 tỷ đồng; tỷ lệ nợ xấu trên tổng dư nợ tăng từ
2,52% lên 2,67%.
Total bank assets were VND 39,636.9 billion as of June 30, 2022, a 2.1% decrease from the year's
start. Moreover, loans to consumers fell by 4.4% to 26,271.7 billion dongs, and the proportion of
bad debt to all existing loans rose from 2.52% to 2.67%.
54
No 17
An account allowing customers to take out money with no restriction is a current account and the
money on which does not usually earn high interest rate. However, many people also have a savings
account or deposit account paying more interest but having restrictions on when they can withdraw
their rnoney.Banks usually send monthly statements listing recent sums of money going out, called
debits, and sums of money coming in, called credits.
Nearly all customers have a debit card allowing them to make withdrawals and do other
transactions at cash dispensers., Most customers have a credit card used for buying goods and services
as well as for borrowing money. In some countries, people pay bills with cheques. In" other countries,
banks do not issue chequebooks and people pay bills by bank transfer includinq standing order, used to
pay regular fixed sums of money, and
direct debits, used when the payment amount and date vary.
Banks can offer overdrafts, allowing customers to overdraw an account - they can have a debt, up
to an agreed limit, on which interest is calculated daily. This is cheaper than a loan if, for example, the
customers need to overdraw for a short period . Banks can also offer mortgages to people who want to
buy a place to live - long-term loans on which the property can Cjct as a guarantee for the bank. If the
bort1Ower does not repay the mortgage, the bank can repossess the house or flat and sell it.
Banks exchange foreign currencies for people going abroad and sell traveler's cheques protected
against loss or theft.
In the 1990s, many commercial banks thought the future would be in tetephono, or Internet or E-
banking. But they discovered that most of their customers preferred to go to branches - especially ones
having longer opening hours, and conveniently situated in shopping centres
I True or False statements?
T/F
1. There are two kinds of bank transfer mentioned in the passage. T
2. There is less risk for a bank with a mortgage than with unsecured T
loans.
3. It is safer for tourists to carry traveller’s cheques than foreign T

currencies.
4. The majority of customers prefer to do their personal banking at T

the bank
5. Bank branches are now all in shopping centres F
II.Find words/phrases in the text which mean:
6. What you can earn when you leave your money in the interest
55
bank.
7. An arrangement to withdraw more money than the credit an overdraft

blance in your account.
8. The thing taken by a bank to secure a mortgage a property
9. An amount of money borrowed from a bank for a certain a bank loan

length of time, usually for a specific purpose.
10. EFTPOS provides this E- banking
III.Fill in the gaps with words/phrases from the above text
ABC now offers 1% interest on current accounts and 2.5% on savings accounts. We will give you a
(11) cheque book and a debit card free of change for use in (12) cash dispenser , and the
possibility to apply for a (13) credit card. You can pay fixed monthly bills by (14) standing orders ,
and other bills by direct debits. We send you free monthly (15) statement . We can also sell you
foreign currencies and traveller’s cheques. What are you waiting for? Call us today.

19. He's got a job…kitchen equipment in a department store. He explains customers how to use the
equipment.
21. A country with very low taxes is knowns as a.............

A tax heavens B tax heaven C tax paradise D tax income
22. SWIFT is an international………..payment system.

A electric B electrical C electronic D electricity
23. The principalaim of offshore banking in tax havens is to reducethe custome’s tax.............
A liabilities B expenses C costs D expenditure
24………is a sum of money which is given in advance as past of a total payment for something.
Discount Refund Deposit Interest
25………..is a written promise given by a company that something you buy will be replaced or
repaired without payment if it goes wrong within a particular period.
Insurance Guarantee Promise Agreement
B. TRANSLATION
56
I. Vietnamese-English translation
1) Chia sẻ tại Diễn đàn Kinh tế - Xã hội Việt Nam 2022, Phó Thống đốc Ngân hàng Nhà nước Việt
Nam Phạm Thanh Hà cho biết, về điều hành chính sách tiền tệ nói chung, Ngân hàng Nhà nước Việt
Nam phải giải bài toán với nhiều yếu tố khác nhau, mục tiêu đặt ra là kiểm soát lạm phát, đồng thời
đảm bảo an toàn trong hoạt động của các tổ chức tín dụng, đảm bảo thanh khoản cho các thị trường
tiền tệ và ngoại hối.
Pham Thanh Ha, deputy governor of the State Bank of Vietnam, stated at the Vietnam Socio-
Economic Forum 2022 that in terms of managing monetary policy generally, the State Bank of
Vietnam must find a solution with The goal is to contain inflation while also ensuring the safety
of credit institution operations and liquidity for the currency and foreign exchange markets due
to several variables.
2) Trong năm 2022, tình hình thế giới rất phức tạp và khó lường, nhiều biến cố ngoài dự báo và chưa
từng có tiền lệ. Những điều này khiến rủi ro của các nền kinh tế, hệ thống tài chính, ngân hàng là rất
lớn, kìm hãm lạm phát là ưu tiên hàng đầu của nhiều nền kinh tế lớn.
In 2022, the world situation is very complicated and unpredictable, with many unexpected and
unprecedented events. These things make the risks of economies, financial systems, and banks
very large, and controlling inflation is the top priority of many large economies.
3) Ban đầu, nhiều ngân hàng trung ương của nhiều nước trên thế giới đã chần chừ do đánh giá lạm phát
là tạm thời do đứt gãy chuỗi cung ứng, tuy nhiên lạm phát kéo dài hơn dự kiến cho thấy vấn đề thực sự
phức tạp hơn, các ngân hàng trung ương đã tăng nhanh lãi suất, dẫn đến nguy cơ đình đốn - vừa lạm
phát vừa suy thoái.
Initially, many central banks in many countries around the world were hesitant due to the
assessment of inflation as temporary due to supply chain disruptions, but longer-than-expected
inflation suggests that the real problem is more complicated, central banks have rapidly raised
interest rates, leading to the risk of stagnation - both inflation and recession.
II. English-Vietnamese translation
4) In fact, the ratio of NPLs on the balance sheet at commercial banks has continued to increase since
the end of 2020. Until June 30 this year, the total NPLs of 28 listed banks were about VND122 trillion,
an increase of nearly 11 per cent compared to the end of the first quarter and nearly 20 per cent
compared to the beginning of 2022.
Trên thực tế, tỷ lệ nợ xấu trên bảng cân đối kế toán tại các ngân hàng thương mại liên tục tăng
từ cuối năm 2020. Tính đến 30/6 năm nay, tổng nợ xấu của 28 ngân hàng niêm yết vào khoảng
122 nghìn tỷ đồng, tăng gần 11% so với cùng kỳ năm ngoái. đến hết quý I và gần 20% so với đầu
năm 2022.
5) In the context of rising potential NPLs and limited capital supply to the economy in the coming
period, SBV Governor Nguyen Thi Hong has recently issued Document No. 5962 requesting the
Vietnam Asset Management Company, Vietnamese and foreign banks to continually handle bad debts
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according to Resolution No. 42/2017/QH14, which includes accelerating the handling of NPLs and
collaterals of bad debts
Trong bối cảnh nợ xấu tiềm ẩn gia tăng và nguồn vốn cung ứng ra nền kinh tế hạn chế trong thời
gian tới, Thống đốc NHNN Nguyễn Thị Hồng mới đây đã có văn bản số 5962 yêu cầu Công ty
Quản lý tài sản của các tổ chức tín dụng Việt Nam, các ngân hàng Việt Nam và nước ngoài tiếp
tục xử lý nợ xấu theo Nghị quyết. 42/2017/QH14 đẩy mạnh xử lý nợ xấu, tài sản đảm bảo của nợ
xấu
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No 18
Vietcombank undertakes all the incoming and outgoing requirements of the customers domestically
and internationally.
Through the correspondent network all over the world comtlining with Operation
Center network and branches covering all large cities and provinces with the best
quality of International Swift payments in Vietnam, Vietcombank can handle
remittance orders update, accurately, safely with simple procedure and the most
attractive charge.
All organizations can receive incomings from overseas with np limit in volume and
times. Before 15h30' on the day of incoming from overseas, at 'VCB's branch serving
the beneficiary will pay by transferring money into his account or inform according to
beneficiary's address or telephone number immediately on the same day. Money
receipt procedure is simple with clear guideline detailed in the bank announcement to
ensure the advantages and safety both for the bank and customers.
With the available advantages of Vietcombank, customers having balances in
their account can require us to transfer money to anyone, almost anywhere allover
the world with the highest effectiveness. In order to ensure the important detail of
the remittance order ful'ly issued by the customer, Vietcombank formed the standard
model for the customer to fill in " Application for remittance". Its content is in digital
data, complying with' the international regulation to help the bank to transfer the
data fast and accurately through SWIFT. You can choose one of four remittance
methods: Remittance by SWIFT, by Telex, by Bank Draft and by Letter.
When operating at Vietcombank, you will be advised to choose the remittance
method complied with your needs. As usual, the effective day is the day when the
bank debits your account, not the day of sending remittance order abroad or paying
day for the beneficiary.
With the motto for service quality and customer - interest protection and with the
present technology capacity, Vietcombank establishes the techniques to restrict the
unnecessary objective, delay to the lowest level and to perform payment order on
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the same day as required.
I.Find a word/phrase in the text to fill in the gaps, changing its form if necessary.
1.Normal cheques are generally made out in domestic currrency.
2.Banks must have a ratio of Reserver requirement (RR) with their central bank.
3.Personal account has not been popular in Vietnam because of the cumbersome procedures around
the banking syste.
4.The documents we receive must be complied with the terms in the contract.
5.The remittance methods we have studied in our textbook are telegraphic, telephoned, postal and
bank draft transfers.
6.With telegraphic transfer, the beneficiary’s account is credited on the same day a telegram is
transmitted.
7.Our train will be delayed 5 hours because of an train accident one hour ago. This is an objective
delay.
8.We can transfer money easily through correspondent banks, which have account with each other.
9.In an account statement there are 5 columns: date, detail, payment, receipt and Balance.
10.With telephone transfer, there is always limit in volume (say $5000 is the maxium).
II.Answer the question
11.What is the text about?

 Incoming and outgoing carried out by Vietcombank
12.When is money transferred into the beneficiary’s account if the incoming from overseas is at 2
p.m’?
 Immediately on the same day
13.What is money receipt procedure like?
 Simple and clear
14.What did Vietcombank do to ensure the remittance order?
 Vietcombank formed the standard model for the customer to fill in “ application for
remittance”
15.What is the effective day?
 The effective day is the day when the bank debits your account, not the day when sending
remittance order abroad or paying day.

16. I ………..in connection with your letter of 10 November, 2000.
A am writing B write C will write D have written
17. We …………. both Enterprise 1 & 2, and now are ready for the final exam.
A. have been B. studied C. have studied D. had studied
studying
18. John Hartz ………. a lecture when he was interrupted
A. delivered B. had deliverd C. was deliverd D. was delivering
19. We delayed ……….the product because of technical problems

A. being launched B. launching C. launch D. to launch
20. The consultant advised us ……… a subsidiary in the North.
A. to set up B. setting up C. set D. seted
is very important.
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A. pay B. pays C. paid D. paying
A not act as a B act as a C will not act as a D be never act as a

storehouse of the storehouse of the storehouse of the storehouse of the
country or region’s country or country or region’s country or region’s
wealth region’s wealth wealth wealth

A oriented B profit-oriented C nonprofit- D unprofit-oriented

financial financial oriented financial financial institution
institution. institution. institution
B. TRANSLATION
1) In 2013 HDBank merged with Dai A Bank and completed the process of connecting and merging
their information technology systems in a record time of four months while also ensuring safe and
smooth transactions for all customers, and creating a better earning and working environment for
employees. Also in 2013 HDBank became the first domestic financial institution to acquire a fully
foreign-owned financial institution.
Năm 2013, HDBank sáp nhập Ngân hàng Đại Á và hoàn tất quá trình kết nối, hợp nhất hệ thống
công nghệ thông tin trong thời gian kỷ lục 4 tháng, đồng thời đảm bảo giao dịch an toàn, thông
suốt cho mọi khách hàng, tạo môi trường làm việc và thu nhập tốt hơn cho nhân viên. Cũng
trong năm 2013, HDBank trở thành tổ chức tài chính trong nước đầu tiên mua lại một tổ chức
tài chính 100% vốn nước ngoài.
2) By participating in the credit institution restructuring programme, HDBank once again demonstrated
its pioneering spirit and willingness to fulfill tasks assigned by the Government and the SBV.HDBank
and the banks that are mandatorily sold will receive support prescribed in the Law on Credit
Institutions and other relevant legal regulations.
Với việc tham gia chương trình tái cơ cấu tổ chức tín dụng, HDBank một lần nữa thể hiện tinh
thần tiên phong, sẵn sàng hoàn thành nhiệm vụ Chính phủ và NHNN giao. HDBank và các ngân
hàng bị bán bắt buộc sẽ nhận được các hỗ trợ theo quy định của Luật Các tổ chức tín dụng và
các quy định có liên quan quy định pháp luật.
3) HDBank's board of directors believes that by undertaking the compulsory sold bank, HDBank not
only fulfills its responsibilities towards the banking industry by leveraging its competence and
experiences in bank restructuring, but also captures the opportunities to achieve a breakthrough in its
growth.
Hội đồng quản trị HDBank tin tưởng, với việc thực hiện bán bắt buộc, HDBank không chỉ làm
tròn trách nhiệm với ngành ngân hàng bằng việc phát huy năng lực, kinh nghiệm tái cơ cấu ngân
hàng mà còn nắm bắt cơ hội để tăng trưởng bứt phá.
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4 Theo ông Phạm Quang Dũng - Chủ tịch HĐQT Ngân hàng TMCP Ngoại thương Việt Nam
(Vietcombank) phát biểu tại hội nghị, biện pháp hạn mức tăng trưởng tín dụng đã góp vai trò quan
trọng thúc đẩy tăng trưởng kinh tế, ổn định vĩ mô. "Quota" cũng được phân bổ khoa học và chặt chẽ.
The credit growth limit measure has been crucial in fostering economic growth and stabilizing
the macro economy, according to Mr. Pham Quang Dung, Chairman of the Board of Directors of
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), who was present at
the conference. Moreover, "Quota" is distributed precisely and scientifically.
5) Trên thực tế, từ Hội nghị trực tuyến toàn quốc phổ biến, giải đáp, tháo gỡ khó khăn, vướng mắc
trong quá trình triển khai chương trình hỗ trợ lãi suất 2%/năm diễn ra hồi cuối tháng 8, Ngân hàng Nhà
nước đã nắm bắt nhu cầu vốn của nền kinh tế cũng như mong muốn được tiếp tục mở rộng cho vay các
tổ chức tín dụng và thực hiện điều chỉnh hạn mức tăng trưởng tín dụng trong khoảng còn lại của mục
tiêu 14% để thuận tiện cho việc triển khai thực hiện gói hỗ trợ lãi suất 2%
In actuality, from the National Online Conference that was held at the end of August to
disseminate, address, and remove challenges and barriers throughout the implementation of the
2%/year interest rate support program. The State Bank of Vietnam reduced the credit growth
limit in the remaining term of the 14% target for ease of execution of the 2% interest rate
support package after realizing the economy's demand for capital as well as its willingness to
continue increasing lending to credit institutions.
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No 19
International trade credit and the documents associated with it are more complicated than their
domestic equivalents. This is because international trade cuts across two bodies of laws and
regulations, and because the buyers and sellers (importers and exporters) are less familiar with and less
accessible to one another than buyers and sellers in the same country. These complications often
require the help of banks to intermediate import-export transactions through methods of international
payment.
In the simplest form of international trade, the open-account basis, banks have only a simple
transaction role. In open-account trade, the importer and exporter are well-known to each other and
probably have established a successful working relationship. The importer orders goods and promptly
pays for them when the goods and tittles thereto are received.
Almost as simple is the foreign collection basis, in which a bank is used to transmit collected funds.
Before the goods it has bought can be shipped, the importer must place funds with its bank so that the
exporter is assured that payment will be made with collected funds. In this instance, the bank is merely
an agent and not a lender.
I. Find words/phrases in the text which means:
1. trade credit is credit given by a company to another company on large scale.

2. The amount given by the factor when you sell unpaid invoices equivalent to the amount you can
borrow from your bank when using your unpaid invoices as security.
3. LECRs stands for local exchange control regulation.
4. He looks familiar I may have met him at the last year conference in London.
5. In the beginning, they met many complications in running their business, but all these difficulties
have been overcome (difficulties)
II. Read the passages answer the questions

6. Why is international trade more complicated than domestic trade?
 Because 2 bodies of laws and regulations, importer and exporter are less familiar and less
accessible
7. How can the complications in international trade be solved?
 With the help of banks and through methods of international payment
8. How many methods of international payment are mentioned in the text? What are they?
 Two. Open account and collection
9. What is the condition of Open-account method?
 Importer and exporter are well-known, have successful working relationship
10. How can the exporter be assured that payment will be made?
 Importer must place funds with his bank
III. Fill in the blank with a correct word form.

11. The information on the Owners/ownership of the company is very necessary and important for
the credit staff. (own)
12. The good employment given by him makes her very happy. (employ)
13. PIN number must be changed periodically for additional security. (period)
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14. Home banking needs a good telephone system and electronics (electronically)
15. The balance sheet also consists of liabilities (liable)

A be medium the B be smaller the C be larger the D be better the
commercial bank, commercial bank, commercial bank, commercial bank,
the greater role it the greater role it the greater role it the greater role it
plays in the plays in the plays in the plays in the
economy economy economy economy
17. You will be sent a PIN (Personal…………………..Number).

A identified B identification C identifier D identifying
18. We pay our employees and suppliers ……..a regular basis.

A by B in C at D on

A processing of B processing of C processing of D processing of
payments by way payments by way payments by way payments by way
of telegraphic of telegraphic of telegraphic of telegraphic
transfer, transfer, internet transfer, EFTPOS. transfer, internet
EFTPOS, internet banking, or other banking.
banking, or other means.
means.
20. Two or more customers may apply for a …………….
A together account B current C joint account D two-person account
21. Factors influencing the supply and demand of a currency are ……………………
A political B economic C some conditions D economic
conditions and factors, political and market factors, political
market conditions. psychology conditions and
psychology. market
psychology.
22. In some past years, it has suffered……………deficit trade balance.
A with B from C of D in
23. I earn a lot of money, but I have a lot of………………..
A Payouts B expenses C paying D paid
24. What gave rise……………….this problem?
A from B in C for D on
25. I am paying for my new car in 36 monthly…………….
A Installments B pieces C parts D install
B. TRANSLATION
1. Meanwhile, MSB said it has submitted to the SBV a charter capital increase plan and is waiting for
the SBV’s approval. Accordingly, the bank plans to issue 458.25 million bonus shares to existing
shareholders at the rate of 30 per cent and a maximum of 14.25 million ESOP shares.
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Trong khi đó, MSB cho biết đã trình NHNN phương án tăng vốn điều lệ và đang chờ NHNN phê
duyệt. Theo đó, ngân hàng dự kiến phát hành 458,25 triệu cổ phiếu thưởng cho cổ đông hiện hữu
tỷ lệ 30% và tối đa 14,25 triệu cổ phiếu ESOP.
2. After eight years of waiting, Eximbank’s shareholders will also receive dividends from the profits
retained from 2017 to 2021. Specifically, the bank plans to issue nearly 245.9 million shares to pay
dividends at the rate of 20 per cent in Q3 2022.
Sau 8 năm chờ đợi, cuối cùng cổ đông của Eximbank cũng được nhận cổ tức từ lợi nhuận để lại
từ năm 2017 đến 2021. Cụ thể, ngân hàng dự kiến phát hành gần 245,9 triệu cổ phiếu để trả cổ
tức tỷ lệ 20% vào quý 3/2022.
3. Many other private joint stock banks also have plans to issue hundreds of million shares to pay
dividends this year such as OCB with the rate of 30 per cent, NamABank with 29 per cent, VietBank
with 21 per cent, Kienlongbank with 16 per cent, VietCapitalBank with 15 per cent, LienVietPostBank
with 15 per cent, SeABank with 12.7 per cent, VietABank with 11 per cent and ABBank with 10 per
cent.
Nhiều ngân hàng cổ phần tư nhân khác cũng có kế hoạch phát hành hàng trăm triệu cổ phiếu để
trả cổ tức năm nay như OCB tỷ lệ 30%, NamABank 29%, VietBank 21%, Kienlongbank 16%,
VietCapitalBank với 15%, LienVietPostBank với 15%, SeABank với 12,7%, VietABank với 11%
và ABBank với 10%.
4. Thời gian tổ chức đấu giá dự kiến trong quý 3/2022, tuy nhiên đã gần hết tháng 9 nhưng kế hoạch
này chưa được tiến hành. Trên thực tế, kế hoạch thoái vốn tại PGBank đã được Petrolimex công bố từ
lâu. Tuy nhiên do nhiều nguyên nhân, thương vụ này vẫn chưa thể hoàn tất. Hiện tập đoàn này sở hữu
120 triệu cổ phiếu PGB, tương đương 40% cổ phần của PGBank.
The auction is expected to be held in the third quarter of 2022, but it is almost the end of
September, and this plan has not been carried out. The plan to divest at PGBank has long been
announced by Petrolimex. However, due to various reasons, this transaction has not been
completed yet. Currently, this group owns 120 million shares of PGB, equivalent to 40% of
PGBank's shares.
5. Theo thị giá hiện nay, số cổ phần PGB mà Petrolimex sở hữu có giá trị hơn 2.500 tỷ đồng. Tại đại
hội thường niên 2022 của PGBank, Petrolimex cho biết sẽ thực hiện thoái toàn bộ vốn tại ngân hàng
thông qua hình thức đấu giá công khai tại Sàn giao dịch chứng khoán Hà Nội.
According to the current market price, the number of PGB shares owned by Petrolimex is worth
more than 2,500 billion VND. At PGBank's 2022 annual general meeting, Petrolimex said it
would divest all of its capital at the bank through a public auction at the Hanoi Stock Exchange.
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No 20
Although the crucial feature of money is its (1)…………. as the means of payment or medium of
exchange. money has three other functions. It serves as a unit of account, as a store of value, and as a
standard of (2) …………payment.
The medium of exchange:
Money, the medium of exchange, is used in one - half of almost all exchange. Workers exchange
labor services for money. People buy or sell goods in exchange for money. We accept money not to
consume It directly (3) ………….because it can be subsequently be used to buy things we do wish to
consume. Money is the medium (4)……….. which people exchange goods and services.
To see that society benefits from a medium of exchange, imagine a barter economy.
A barter economy has no medium of exchange. Goods are simply (5)………. for other goods.
In a barter economy the seller and the buyer each must want something the other has to offer. Each
person is(6)…………… a seller and a buyer. In order to see a film, you must hand over in exchange a
good or service that the cinema manager wants. There has to be a double (7)……… of wants. You
have to find a cinema here the manager wants what you have to offer in exchange.
(8) …………is very complex in a barter economy. People spend a lot of time and effort (9)
………..others with whom they can make mutually (10) ………swaps. Since time and effort are scarce
resources. a barter economy is wasteful. The use of money –any commodity generally accepted in
payment for goods, services, and debts - makes trading (11)……….. and more efficient. By
economizing on time" and effort spent in trading, society can use these resources to produce extra
goods or leisure, (12)………. everyone better off.
I.Choose the best answer
1. a.use b.using c.used d.useful
2. a.defer b.deferred c.defered d.deferring
3. a.and b.so c.but d.thus
4. a.through b.with c.without d.to
5. a.swap b.swaped c.swapped d. swapping
6. a.simultaneous b.simultaneously c.simultaneousness d. simultaneity
7. a.coincide b.coincidence c.coinciding d. coincided
8. a.trading b.trade c.trader d. traded
9. a.find b.found c.finding d. finded
10 a.satisfy b.satisfaction c.satisfactorily d. satisfactory

.
11 a.simple b.simpler c.more simple d. simply

.
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12 a.making b.make c.made d. makes
.
II.Answer the following questions

13.What is the advantage of money in terms of medium of exchange compard with barter economy?
 In barter economy there must be double coincidence of wants
14.What does “double coincidence of wants” mean?
 The buyer’s and seller’s needs must be coincided
15.What is the disadvantage of Barter Economy?
 People need to spend much time and efforts to make purchase

the equipment.
A. B. C. toughness D. consistency
responsibility compensation
21.Its staff help customers choose the right phone and advise them on the various service…………
Packages Packaging Packing packets
22.I don’t want to change job very often. I want to find a ………..job. By that way, I can be in one
area for a long time.
Tempotary Permanent Short long
23.He finally got a good job in a …………..company. He is now very happy with this job.
Ship Shipping Shipped Shipment
24.One reason why our business is bad is that we ask buyers to pay all at the beginning. They prefer to
pay in…………..
Instalments Parts Shares short
25………………..is something you buy for less than the usual price.
Discount Bargain Cheaper decrease
B. TRANSLATION
1. Most banks are at the third step, so there are already many plans to go further in digital
transformation. Therefore, many banks have moved to establish a digital banking ecosystem, from
opening accounts to registering, issuing, and managing products. Services such as accounts, credit
cards, loans can all be done online.
Hầu hết các ngân hàng đều đang ở bước thứ ba nên đã có nhiều kế hoạch tiến xa hơn trong
chuyển đổi số. Do đó, nhiều ngân hàng đã chuyển sang thiết lập hệ sinh thái ngân hàng số, từ mở
tài khoản đến đăng ký, phát hành và quản lý sản phẩm. Các dịch vụ như tài khoản, thẻ tín dụng,
khoản vay đều có thể được thực hiện trực tuyến.
67
2. UK-based HSBC opened a full-service branch in HCM City and has taken the lead in implementing
digital penetration and new technology solutions which are key focus areas at the bank for both retail
as well as corporate customers, according to an HSBC report.
Theo báo cáo của HSBC, HSBC có trụ sở tại Vương quốc Anh đã mở chi nhánh cung cấp đầy đủ
dịch vụ tại TP.HCM và đi đầu trong việc triển khai các giải pháp công nghệ mới và thâm nhập
kỹ thuật số, vốn là những lĩnh vực trọng tâm tại ngân hàng cho cả khách hàng cá nhân và doanh
nghiệp.
3. According to Tim Evans, General Director of HSBC Vietnam, two important issues post-Covid-19
to ensure that the financial sector maximises its potential are sustainable finance and digitalisation. The
State Bank of Vietnam (SBV) has recently introduced initiatives to support green finance development
and digital transformation.
Theo ông Tim Evans, Tổng Giám đốc HSBC Việt Nam, hai vấn đề quan trọng hậu Covid-19 để
đảm bảo ngành tài chính phát huy tối đa tiềm năng là tài chính bền vững và số hóa. Ngân hàng
Nhà nước Việt Nam (NHNN) gần đây đã đưa ra các sáng kiến hỗ trợ phát triển tài chính xanh và
chuyển đổi số.
4. Thông tin tại họp báo, đại diện Vụ tín dụng các ngành kinh tế cho biết, trên cơ sở mục tiêu tăng
trưởng kinh tế năm 2022 khoảng 6-6,5% và lạm phát khoảng 4% của Quốc hội, Chính phủ, NHNN
định hướng tăng trưởng tín dụng năm 2022 khoảng 14%, có điều chỉnh phù hợp với diễn biến, tình
hình thực tế.
Information at the press conference, a representative of the Credit Department for Economic
Sectors said, based on the economic growth target of about 6-6.5% in 2022 and about 4%
inflation of the National Assembly, the Government, and the State Bank of Vietnam credit
growth orientation in 2022 is about 14%, with adjustments in line with developments and actual
situations.
5. Nói thêm về điều hành tín dụng, Phó Thống đốc Đào Minh Tú cho biết, NHNN tiếp tục đặt ra con số
mục tiêu tăng trưởng 14% trong năm 2022 và có thể xem xét điều chỉnh nếu cần thiết. “Tuy nhiên,
kiểm soát lạm phát là yêu cầu cao nhất từ nay đến cuối năm, nên hiện nay NHNN vẫn duy trì mục tiêu
tăng trưởng tín dụng 14%”.
Talking more about credit management, Deputy Governor Dao Minh Tu said that the SBV
continues to set a growth target of 14% in 2022 and may consider adjusting it if necessary.
"However, controlling inflation is the highest requirement from now until the end of the year, so
the SBV still maintains its credit growth target of 14%."
68
1. Như vậy, chỉ trong tháng 9/2022, VietinBank đã ráo riết rao bán nhiều khoản nợ, với tổng giá trị
lên đến hàng trăm tỷ đồng. Hầu hết các khoản nợ đều được ngân hàng rao bán giá khởi điểm thấp hơn
rất nhiều so với dư nợ gốc. Về hoạt động kinh doanh, trong 6 tháng đầu năm 2022, lợi nhuận trước
thuế hợp nhất của VietinBank chỉ tăng 7% so cùng kỳ, đạt gần 11.607,5 tỷ đồng.
So only in September 2022, VietinBank aggressively sold many debts, with a total value of up to
hundreds of billions of dong. Most of the loans are offered for sale by the bank at a starting price
much lower than the original balance. In terms of business activities, in the first 6 months of
2022, VietinBank's consolidated pre-tax profit increased by only 7% compared to that of the
same period, reaching nearly 11,607.5 billion dong.
2. Kết thúc quý 2, quy mô tổng tài sản của VietinBank đạt gần 1.691.092 tỷ đồng, tăng 10% so với
đầu năm. Trong đó, cho vay khách hàng đạt hơn 1.238.483 tỷ đồng, tăng 10% và tiền gửi của khách
hàng đạt hơn 1.205.567 tỷ đồng, tăng 4%.Tuy nhiên, chất lượng tín dụng của VietinBank cũng gặp vấn
đề khi lãi dự thu và nợ xấu đều tăng.
At the end of the second quarter, VietinBank's total assets reached nearly VND 1,691,092 billion,
up 10% compared to the beginning of the year. In which, customer loans reached more than
1,238,483 billion VND, up 10% and customer deposits reached more than 1,205,567 billion VND,
up 4%. However, VietinBank's credit quality also encountered problems when accrued interest
and bad debt both increased.
3. Ngân hàng TMCP Xăng dầu Petrolimex (PGBank - PGB) vừa thông báo thay đổi nhân sự cấp
cao. Cụ thể, ngân hàng đã chấp thuận nguyện vọng thôi đảm nhiệm chức danh Phó Tổng Giám đốc của
ông Nguyễn Mạnh Hải kể từ ngày 16/9/2022.
Petrolimex Petroleum Commercial Joint Stock Bank (PGBank - PGB) has just announced a
change in senior personnel. Specifically, the bank has approved Mr. Nguyen Manh Hai's wish to
resign from the position of Deputy General Director from September 16th, 2022.
4. Bên cạnh đó, HĐQT PGBank cũng miễn nhiệm chức danh Phó TGĐ của bà Đỗ Thị Đức Minh
kể từ ngày 19/9/2022. Bà Minh cũng sẽ không còn đảm nhiệm chức danh Người phụ trách Quản trị
Ngân hàng; Thư ký Hội đồng quản trị; Chánh Văn phòng HĐQT, Thành viên Uỷ ban quản lý rủi ro. Lý
do miễn nhiệm là bà đã có đơn xin nghỉ việc.
Besides, the Board of Directors of PGBank also dismissed Ms. Do Thi Duc Minh from the
position of Deputy General Director from September 19, 2022. Ms. Minh will also no longer hold
the position of Person in charge of Banking Administration; Board Secretary; Chief of Office of
the Board of Directors, Member of Risk Management Committee. The reason for her dismissal
was that she had submitted a resignation letter.
5. Trưởng đại diện của IMF tại Việt Nam và Lào nhấn mạnh, chính sách tiền tệ cần phải rất cẩn
trọng trước những rủi ro lạm phát. Nếu áp lực lạm phát tiếp tục gia tăng, Ngân hàng Nhà nước cần thắt
chặt hơn chính sách tiền tệ và truyền thông rõ ràng bởi những động lực chính sách giúp kiềm chế lạm
phát.
The chief representative of the IMF in Vietnam and Laos emphasized that monetary policy needs
to be very careful against inflation risks. If inflationary pressures continue to increase, the State
69
Bank needs to tighten monetary policy and communicate clearly because policy drivers help curb
inflation.
6. Bên cạnh chính sách tài khóa, tiền tệ, tài chính, chuyên gia IMF cho rằng để hỗ trợ tăng trưởng
còn cần quan tâm tới các chính sách về cơ cấu. Theo đó, cải cách cơ cấu cần được triển khai bởi qua đó
có thể giúp thúc đẩy tăng trưởng môi trường kinh doanh cũng như cải thiện bằng cách tạo ra một “sân
chơi” bình đẳng trong việc tiếp cận tài chính, đất đai và giảm gánh nặng pháp lý.
Besides fiscal, monetary and financial policies, IMF experts said that in order to support growth,
it is also necessary to pay attention to structural policies. Accordingly, structural reforms need to
be implemented, which can help promote growth in the business environment as well as improve
by creating a level playing field in access to finance, land and reduce the legal burden.
70

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No 1

Choose A, B, C or D which would be best

1. My main responsibility is……………..with customers, suppliers and their problems.

5. One of key points of trade finances is …………

6. I am really happy ………our plan because it works as planned.

8. One of the characteristics of an export working capital facility is …………

III. Answer the following questions

IV. Choose A, B, C or D which would be best

II. Vietnamese-English translation

II. True or False

III. Match the words below with their meaning (a-c)

16. An LC is useful when …………………………………………………… is difficult to obtain.

17. I wonder ……………the tickets are on sales yet.

18. Someone………………there's been an accident on the motorway.

19. Remittance is …………………………

III. Choose A, B, C or D which would be best

18. ………………………the end of the film, we cried a lot.

19. After the accident, he lost his…………….. for the sport.

20. They are black market …………………

24. We enclose our……….., which is a formal request for payment

7. (F) All retailers accepted credit cards issued by banks.

8. (F) Credit card holders did not have to pay interest.

9. (T) Accepting credit cards in selling goods or services attracted more

10.(F) The problems with banks could not be solved.

IV. Choose A, B, C or D which would be best

18. ………………………the end of the film, we cried a lot.

19. After the accident, he lost his…………….. for the sport.

20. They are black market …………………

22. The loan is…………….in monthly installments.

23. One of the roles of the commercial bank is to…………...

24. It' s important to…………………….between business and pleasure.

25. Banking experts in developed countries defines a commercial bank as a ……………..

II. Answer the following questions

18. To fight against poverty, we need to find…………… to serious unemployment problems.

20. One of the characteristics of an export working capital facility is …………

22. Current account includes …………………………………………

25. He was ………and seriously injured by a gang of youths.

II. Answer the questions

9. What is the name of the central bank in England?

III. Choose A, B, C or D which would be best

18. To fight against poverty, we need to find…………… to serious unemployment problems.

20. One of the characteristics of an export working capital facility is …………

21. There has been a wild…………….. in dollars in some past days.

24. Flight VN 89 is leaving from ………………………..15

25. You must supply documents……accordance…..the terms specified in the contract.

III. Choose A, B, C or D which would be best

17. All trains to the city centre leave from………….5.

18. Is the flight……………………or is there a stopover in Rome?

19. Which of the following verbs doesn’t go with “a reservation ”?

20. Sometimes, I go by bus. That…………………..me about 20 minutes.

22. ……………..is the most popular bank account.

24. A deposit account owner is given a ………….

II. English-Vietnamese translation

6. F Giro transaction is a credit transaction because it involves initial credit and

III. Answer the following questions.

17. In multinationals, ……………… positions are often for foreigners.

19. If I had a car, I………………to my parents every week.

22. Components of balances of payments are ……………………………………..

25. Which of the following is used to memorize new words?