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BIDV was established on 26 April 1957 as the Bank for Construction of Vietnam (Ngân hàng Kiến thiết Việt Nam), under which name it operated until 24 June 1981, at which point it changed its name to the Bank for Investment and Construction of Vietnam (Ngân hàng Đầu tư và Xây dựng Việt Nam). It adopted its present name on 14 ...
Agribank or formally the Vietnam Bank for Agriculture and Rural Development (Vietnamese: Ngân hàng Nông nghiệp và Phát triển Nông thôn Việt Nam) is the largest commercial bank in Vietnam by total under the Ministry of Agriculture and Rural Development. It is a state-owned corporation under a special status.
(VND bil.) [1] Headquarters Website Ngân hàng Chính sách Xã hội Việt Nam Vietnam Bank for Social Policies VBSP 23,960.1 169 Dinh Duong, Hoang Mai Dist., Hanoi Capital https://vbsp.org.vn/ Ngân hàng Phát triển Việt Nam Vietnam Development Bank VDP 15,085 25A Cat Linh, Ha Dong Dist., Hanoi Capital https://vdb.gov.vn/
Vietnam's top 5 banks by registered capital (as of March 2023, USD/VND exchange rate = 23,590 VND) VietinBank $1.56 billion (32,661 billion VND) Agribank $1.39 billion (29,154 billion VND) Vietcombank $1.10 billion (23,174 billion VND) BIDV $1.10 billion (23,011 billion VND) Eximbank $0.59 billion (12,355 billion VND)
Fortune Vietnam Joint Stock Commercial Bank or LPBank (previously known as: LienVietBank or LienVietPostBank) is a Vietnamese retail bank based in Hanoi.As of December 31, 2023, LPBank's total assets reached over VND382,953 billion, [1] up 17% from the beginning of the year.
August 17, 2010, The SBV further devalued the VND by 2.04% to 18,932 VND/USD, an increase of 388 dong from the previous rate. [ 37 ] [ 38 ] On February 11, 2011, the State Bank of Vietnam (SBV) announced a decision to increase the interbank exchange rate between USD and VND from 18,932 VND to 20,693 VND (a 9.3% increase).
The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietnamese: Ngân hàng Thương mại Cổ phần Công thương Việt Nam), trading as Vietinbank, is a state-owned Vietnamese bank. As of 2023, it is Vietnam's second-largest bank, with VND 1,800 trillion (around $76 billion) of assets under management. [2]
USD, there is a tremendous interest by foreign companies to get access to the Vietnamese market or continue the expansion using mergers and acquisitions. From 1991 to February 2018, Vietnamese companies were involved as either an acquiror or an acquired company in 4,000 mergers and acquisitions with a total value of 40.6 bil. USD. The mergers ...