Vietnam Joint Stock Commercial Bank for Industry and Trade - Company Profile
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Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), a subsidiary of the State Bank of Vietnam. It is a financial institution involved in a variety of banking transactions and services. The company's main activities include mobilizing deposits, providing loans, and performing payment services for both organizations and individuals. VietinBank offers a range of products such as foreign exchange transactions, international trade finance services, and discounting commercial papers and bonds. The bank serves a diverse customer base across various industries, providing solutions like capital financing, payment management, and advisory services. VietinBank serves through branches, digital channels, and correspondent banks. It has geographic presence Laos, Germany, and Myanmar. VietinBank is headquartered in Hanoi, Vietnam.
Vietnam Joint Stock Commercial Bank for Industry and Trade premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Overseas Remittance Services |
| Current | Foreign Currency Trading |
| Savings | Mobile 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 | New Products/Services | In August, the bank launched the ZFin account package, a digital financial solution for the young generation. |
| 2024 | Contracts/Agreements | In October, the bank signed a memorandum of understanding with Lodgis Hospitality Holdings to expand operations and optimize combined strengths for sustainable development. |
| 2024 | Contracts/Agreements | In August, the company partnered with VinaCapital to allow customers to easily access and invest in VinaCapital's open-ended funds through the VietinBank iPay Mobile digital banking app. |
Competitor Comparison
| Key Parameters | Vietnam Joint Stock Commercial Bank for Industry and Trade | Joint Stock Commercial Bank for Investment and Development of Vietnam | Vietnam Bank for Agriculture and Rural Development | Joint Stock Commercial Bank for Foreign Trade of Vietnam | Military Commercial Joint Stock Bank |
|---|---|---|---|---|---|
| Headquarters | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam |
| City | Hanoi | Hanoi | Hanoi | Hanoi | Hanoi |
| State/Province | - | - | Ha Noi | Ha Noi | Ha Noi |
| No. of Employees | 24,513 | 29,048 | 42,278 | 24,306 | 18,600 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tran Minh Binh | Chairman | Executive Board | 2021 | 52 |
| Nguyen Tran Manh Trung | General Director; Director | Executive Board | 2024 | 43 |
| Tran Cong Quynh Lan | Deputy General Director | Senior Management | 2015 | 47 |
| Le Nhu Hoa | Deputy General Director | Senior Management | 2016 | 57 |
| Nguyen Hai Hung | Chief Accountant | Senior Management | 2011 | 54 |
| 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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