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Bank for Foreign Trade of Viet Nam

New growth opportunities from zero-đồng bank transfers

New growth opportunities from zero-đồng bank transfers

This significant restructuring of credit institutions opens up numerous growth opportunities for both the receiving and transferred banks.
Vietcombank remains best-performing credit institution

Vietcombank remains best-performing credit institution

The JSC Bank for Foreign Trade of Viet Nam (Vietcombank) remained the best-performing credit institution and the largest contributor to the State budget among the listed ones in 2021.
Government backs capital hike plans for four State-owned banks

Government backs capital hike plans for four State-owned banks

The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.
Vietcombank licenced to open representative office in US

Vietcombank licenced to open representative office in US

The New York State Department of Financial Services has issued an official license for Vietcombank to open a representative office in the city.
Vietcombanks charter capital reaches US1.6 billion

Vietcombank’s charter capital reaches US$1.6 billion

The charter capital of Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has increased by three per cent to VND37.1 trillion (US$1.6 billion) after it sold selling shares to strategic investors Singaporean investment fund GIC Private Limited (GIC) and Japan’s...
Vietcombanks application to establish a New York office approved

Vietcombank’s application to establish a New York office approved

The US Federal Reserve Board announced on its website early this week that it had approved the application by Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) to establish an office in New York City.
Vietcombank to cut stake in Eximbank

Vietcombank to cut stake in Eximbank

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has offered to sell 45.6 million shares it is holding in the Viet Nam Export-Import Joint Stock Commercial Bank (Eximbank).
Vietcombank named VNs best bank

Vietcombank named VN’s best bank

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has been named Viet Nam’s best bank in 2018 by FinanceAsia.
Vietcombank adjusts transaction limits on mobile banking

Vietcombank adjusts transaction limits on mobile banking

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has announced the adjustment of transaction limits on its online service VCB-Mobile B@nking starting June 19.
Vietcombank plans to raise capital by 10%

Vietcombank plans to raise capital by 10%

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) plans to add 10 per cent to its tier-1 capital in 2018 through issuing shares for foreign investors.
Vietcombank increases service fees from March

Vietcombank increases service fees from March

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has raised its service fees since the beginning of March.
Vietcombank to sell 7.6 million Vietnam Airlines shares

Vietcombank to sell 7.6 million Vietnam Airlines’ shares

Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has registered to sell 7.6 million shares of Vietnam Airlines Corporation, which is listed as HVN on the stock market.
Vietcombank reports record pre-tax profit

Vietcombank reports record pre-tax profit

Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) reported a pre-tax profit of more than VND11 trillion (US$482.5 million) in 2017.
Banks cut interest on priority sector loans

Banks cut interest on priority sector loans

Following the Government’s instruction to support domestic production and businesses, the Bank for Foreign Trade of Viet Nam (Vietcombank) on January 10 announced a cut in lending interest rates for enterprises operating in prioritised sectors.
Vietcombanks total assets exceed VND1 quadrillion

Vietcombank’s total assets exceed VND1 quadrillion

As of December 31, 2017, the total assets of the Bank for Foreign Trade of Viet Nam (Vietcombank) reached VND1.05 quadrillion (US$46 billion).