Vietcombank celebrated its 60th Anniversary (April 1, 1963 – April 1, 2023) and received the title of Labor Hero awarded by the Party and State.
Over 60 years of development, Vietcombank has always played the role of a key and dominant bank in the banking system in Vietnam, making important contributions to the development of the country's economy , and at the same time creating positive images. positive impact on the regional and global financial community.
Currently, Vietcombank has a wide development network with 642 branches and transaction offices nationwide, 06 subsidiaries and 01 associated company in Vietnam, 01 representative office in the South, 02 offices overseas representative offices (Singapore and USA), 03 overseas subsidiaries (USA, Hong Kong, Laos), 03 non-business units; more than 22,000 qualified and well-trained staff. In addition, Vietcombank also developed an Autobank system with more than 2,500 ATMs and over 60,000 POS points nationwide. Banking activities are also supported by a network of nearly 1,200 correspondent banks in 95 countries and territories around the world.
In the last 10 years, Vietcombank has made a strong breakthrough and achieved impressive and historic achievements in terms of scale, quality, efficiency and management capacity, gradually integrating into the world. firmly with the region and the world; always maintaining its position as the leading commercial bank in the country, striving to overcome all difficulties and challenges, pioneering innovation, successfully completing assigned tasks, leading by example implement and effectively implement the guidelines and policies of the Party, the direction of the Government and the State Bank, actively contributing to the general achievements of the banking industry and the development of the country.
Up to now, Vietcombank's total assets have reached over 1.8 million billion dong, pre-tax profit exceeds 1.5 billion USD. With a market capitalization of ~$18 billion, Vietcombank has made its name in the list of the world's 100 largest listed banks by market capitalization (according to Reuters' ranking). For many years continuously, Vietcombank is in the Top of the largest tax payers in the country. In the past 10 years, Vietcombank has contributed nearly VND 69 trillion to the State Budget, one of the largest budget-paying enterprises in Vietnam.
Vietcombank is also known for its image of a green bank with sustainable development for the community. In the past 10 years alone, Vietcombank has spent more than 3,000 billion VND for social security and charity activities, focusing on the key areas of health, education, poverty alleviation, and support . support policy families…
Vietcombank's contributions have been recognized by the Party and State with many noble titles and awards: Second-class Labor Medal (1993); Third Class Independence Medal (in 2003); Ho Chi Minh Medal (2008); Independence Medal, First Class (in 2013); First-class Labor Medal (2018)... On the occasion of the 60th anniversary of its establishment, in 2023, Vietcombank continues to be honored with the title of Labor Hero by the Party and State.
Vietcombank is also honored to be honored by prestigious organizations in the world with the title of "Best Bank in Vietnam" continuously for many years; ranked by 03 most prestigious international credit rating agencies in the world, including S&P, Fitch Ratings, and Moody's, at the highest level among commercial banks in Vietnam, equivalent to the national credit rating; in the Top 500 most valuable banking brands in the world ranked by Brand Finance; is the only representative in Vietnam in the Top 1000 largest listed companies in the world announced by Forbes...
In the new period, Vietcombank will conquer the journey of "Reaching out to the big sea", continue to accelerate in business, anticipate new trends in banking technology, successfully implement the vision and strategic goals set out in the plan. 1 position in Vietnam, among the 100 largest banks in Asia, one of the 300 largest banking and financial groups in the world, one of the 1,000 largest listed companies in the world, make great contributions to the sustainable development of Vietnam.
Appreciating the pioneering, key and leading role of Vietcombank over the past time, SBV Deputy Governor Nguyen Thi Hong also noted challenges in the coming period.
Firstly, in the coming time, the Board of Directors, Executive Board and all Vietcombank employees will highly promote their bravery, intelligence, innovative and creative spirit to continue to bring Vietcombank to strong development. , safe, effective and sustainable in the coming period. Continue to promote well the role of leading the market and taking the lead in implementing the guidelines and policies of the Party, the State and the industry, contributing more to the cause of innovation, development and integration of the country. , especially in ensuring a healthy, stable, safe and efficient monetary and banking environment, contributing to macroeconomic stability, controlling inflation, supporting economic growth, ensuring social security, worthy of the role of a leading and pillar commercial bank in the Vietnamese banking system.
Second, concentrate resources to implement drastically, according to the plan, roadmap, Strategy and action program for the development of the banking sector in Vietnam to 2025, orientation to 2030 and the Project "Restructuring the banking system". credit institutions associated with bad debt settlement in the 2021-2025 period", striving to soon become a regional development bank, one of the top 100 largest banks (by strength criteria) in the region. Asia and listed shares on foreign stock exchanges. In particular, it is necessary to focus on investment and strive to soon reach the maturity level of digital transformation in the group of leading banks in the ASEAN region.
Third, actively promote the role of a large-scale state-owned enterprise, typically in the banking industry, to participate and actively contribute to the development and implementation of the State-owned enterprise development project. large scale in the coming period according to the guidelines of the Party and State and the direction of the Government and the Prime Minister.