Joint Stock Commercial Bank for Foreign Trade of Vietnam - Company Profile
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Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) offers retail and corporate banking, investment banking, insurance, and real estate leasing activities. Its retail and corporate banking solutions include accounts, deposits, loan guarantees, negotiations and discounting of international payments, money transfers, documents, and card services, among others. Investment banking carries out securities trading and funds management. The bank offers insurance products for personal credit, group credit, savings, investment, protection, and credit for co-borrowers, death, and mixed purpose through its partner banks. It also offers services such as financial leasing, money transfer, and office leasing. The bank operates through a network of branches in Vietnam and a representative office each in Singapore and the US. Vietcombank is headquartered in Hanoi, Vietnam.
Products and Services
| Products | Services | Brands |
|---|---|---|
| Cards | Internet Banking | Vietcombank |
| VCB Money | SMS Banking | |
| Deposits | Phone Banking | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the bank entered into a credit contract worth over US$1 billion with Energy Group (Petrovietnam) to finance the Block B, O Mon gas-to-power project chain. |
| 2024 | Acquisitions/Mergers/Takeovers | In October, the company acquired a 100% stake in Construction Bank from the State Bank of Vietnam. |
| 2024 | New Products/Services | In August, the bank started selling SJC-branded gold bars through its banking app. |
Competitor Comparison
| Key Parameters | Joint Stock Commercial Bank for Foreign Trade of Vietnam | Vietnam Joint Stock Commercial Bank for Industry and Trade | Vietnam Prosperity Joint-Stock Commercial Bank | Vietnam Technological and Commercial Joint Stock Bank | Asia Commercial Joint Stock Bank |
|---|---|---|---|---|---|
| Headquarters | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam |
| City | Hanoi | Hanoi | Hanoi | Hanoi | Ho Chi Minh |
| State/Province | Ha Noi | - | Ha Noi | Ha Noi | Ho Chi Minh City |
| No. of Employees | 24,306 | 24,513 | 29,046 | 11,848 | 13,290 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nguyen Thanh Tung | Chairman | Executive Board | 2024 | - |
| Shojiro Mizoguchu | Chief Executive Officer - Deputy; Director | Executive Board | - | - |
| Hong Quang | Head - Human Resources Division; Director | Executive Board | - | - |
| Le Quang Vinh | Chief Executive Officer - Deputy | Senior Management | 2017 | - |
| Le Hoang Tung | Chief Executive Officer-Deputy | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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