Joint Stock Commercial Bank for Foreign Trade of Vietnam - Company Profile

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Joint Stock Commercial Bank for Foreign Trade of Vietnam: Overview

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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.

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Headquarters Vietnam

Address 198 Tran Quang Khai, Hoan Kiem, Hanoi, Ha Noi


Telephone 84 4 39343137

No of Employees 24,306

Industry Financial Services

Ticker Symbol & Exchange VCB (HCM)

Revenue (2024) $5.0B 10.3% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ 4% (2024 vs 2023)

Market Cap* $19.4B

Net Profit Margin (2024) XYZ -5.7% (2024 vs 2023)

* As of and is in US$
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Products and Services

Products Services Brands
Cards Internet Banking Vietcombank
VCB Money SMS Banking
Deposits Phone Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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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.
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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
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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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