Joint Stock Commercial Bank for Foreign Trade of Vietnam

Overview

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) offers retail and corporate banking, investment banking, life insurance, and real estate leasing activities. Its retail and corporate banking solutions include accounts, deposits, loans guarantee, negotiations and discounting of documents, international payments, money transfer, and card services, among others. Investment banking carries out securities trading and funds management. The bank offers life insurance products for personal credit, group credit, and credit for co-borrowers, death, and mixed purpose through its partner banks. It also provides services such as financial leasing, money transferring, 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.
Key Stats
Address
198 Tran Quang Khai, Phuong Ly Thai To, Quan Hoan Kiem, Hanoi, Vietnam
Headquarters

Vietnam

Contact

84 4 39343137

No of Employees

21,079

Industry

Financial Services

Ticker Symbol & Exchange​

VCB [HCM]

Revenue (2020)

$3,749 m

3.4% (2020 vs 2019)
Net Income (2020)

$796 m

-0.9% (2020 vs 2019)
Net Profit Margin

21 %

-4.1% (2020 vs 2019)
Market Cap *

$15,583 m

EPS *

$4470.3

  *Note: Ratios based on the share price as of 6-October-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Joint Stock Commercial Bank for Foreign Trade of VietnamJoint Stock Commercial Bank for Investment and Development of VietnamVietnam Joint Stock Commercial Bank for Industry and TradeVietnam Prosperity Joint-Stock Commercial Bank
Key Information
Headquarters Vietnam Vietnam Vietnam Vietnam
Headquarter City Hanoi Hanoi Hanoi Hanoi
Headquarter State/Province - - - -
No. of Employees 21,079 26,655 24,919 24,970
Entity Type Public Public Public Public

Products & Services

Vietcombank is a financial service provider. Key products and services offered by the bank include the following:

Products
  • Credit Cards
  • Deposits
  • Loans and Lending
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Services
  • Internet Banking
  • SMS Banking
  • Phone Banking
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Pham Quang Dung Director; Chairman Executive Board 2021 - Mr. Pham Quang Dung has been the Chairman and Director of the bank since 2021.
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History

Year Event Description
2020 New Products/Services In December, the company and HSBC Bank (Vietnam) Ltd executed the live blockchain domestic Letter-of-Credit.
2020 Contracts/Agreements In November, the company and MoneyGram International announced to renewal their contract to offer MoneyGram…
2019 Regulatory Approval In July, the bank received the approval from the New York State Department of Financial…
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2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


Vietcombank Securities Co Ltd

Address

12th &17th Floor, VCB Tower, 198 Tran Quang Khai Street, Hoan Kiem District, Ha Noi
Vietnam

Telephone

84 4 39366426

Website

www.vcbs.com.vn
Vietcombank – Cardif Life Insurance Co Ltd

Address

Room 1101, Capital Building, 109 Tran Hung Dao, Hoan Kiem, Hanoi City
Vietnam

Telephone

84 24 39368507

Website

vcli.vn
Vietcombank Cardif Life Insurance Company Limited

Address

Unit 1101, Capital Tower, 109 Tran Hung Dao Street, Hoan Kiem
Vietnam

Telephone

84 4 3936 8507

Website

www.vcli.vn

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
30 Apr 2018 GIC and Mizuho Bank Plan to Acquire 10% Stake in Military Commercial Joint Stock Bank and Vietnam Export Import Commercial Joint Stock Bank Private Equity Mizuho Bank Ltd Vietnam Export Import Commercial Joint Stock Bank; Military Commercial Joint Stock Bank
18 Apr 2018 Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) Sells Stake in Orient Commercial Bank Acquisition Orient Commercial Joint Stock Bank
11 Jun 2009 Vietcombank, Cardif and SeAbank launch bancassurance joint venture Partnership Vietcombank – Cardif Life Insurance Co Ltd Joint Stock Commercial Bank for Foreign Trade of Vietnam; BNP Paribas Cardif; Southeast Asia Commercial Joint Stock Bank

Jobs Overview

463

Active Jobs

0

Posted

6

Closed

Job Trends

Latest Jobs

Job title Company Country
[Headquarters] Information Security Supervisor Joint Stock Commercial Bank for Foreign Trade of Vietnam Vietnam
[Headquarters] Information Security Analyst Joint Stock Commercial Bank for Foreign Trade of Vietnam Vietnam
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar