Poeple withdraw money at a Vietcombank ATM. — Photo thegioitiepthi.vn

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the 'Best Domestic Bank in Viet Nam', the 'Best Bank for SMEs in Viet Nam' and the 'Most Outstanding Company in Viet Nam – Financial Sector' by Asiamoney magazine.

In August, Vietcombank also entered Viet Nam’s 50 best listed companies in 2019 by Forbes magazine for the seventh consecutive year.

For three consecutive years, the Vietnam Dairy Products JSC (Vinamilk) has led the market in terms of profitability, but Vietcombank surpassed the dairy giant in 2019, leading in after-tax profit with a growth rate of 60 per cent.

Vietcombank posted the highest pre-tax profit among the Vietnamese banks in the first half of this year, raking in more than VND11.04 trillion (US$474.7 million), up 43.1 per cent year-on-year. — VNS