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There are currently 49 banks in Vietnam, including the following banks: State Bank, joint stock commercial banks, joint venture banks, foreign bank branches in Vietnam and 100% foreign-owned banks. This list is incomplete ; you can help by adding missing items .
Rank Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore 509.1 2 OCBC Bank Singapore 402.2 3 United Overseas Bank Singapore 340.7 4 Maybank Malaysia 213.2 5
Since 1992 Vietnam's banking system has consisted of a combination of state-owned, joint-stock, joint-venture, and foreign banks, but the state-owned commercial banks predominate, and they suffer from high levels of NPL, most of them to state-owned enterprises. Consequently, in September 2005 Vietnam decided to equitize all five state-owned ...
Vietcombank's headquarters are located in Hanoi, Vietnam. As of 31 December 2020 [1] the bank had 116 branches and 474 transaction offices in Vietnam, 3 local subsidiaries, 3 overseas subsidiaries, 3 joint ventures, and an overseas representative office in Singapore. As of December 31, 2020, Vietcombank's market capitalization was $15.5 billion.
The Joint Stock Commercial Bank for Investment and Development of Vietnam (Vietnamese: Ngân hàng Thương mại Cổ phần Đầu tư và Phát triển Việt Nam), commonly known as BIDV, is a Vietnamese state-owned bank in Vietnam. It is the country's biggest bank by assets ($72 billion USD) as of June 2021. [4][5] According to the United ...
Sai Gon Joint Stock Commercial Bank or Saigon Commercial Bank, abbreviated as SCB (Vietnamese: Ngân hàng Thương mại cổ phần Sài Gòn), [3] is the largest commercial bank in Vietnam by assets, founded in 2012 and headquartered in Ho Chi Minh City. [4][5][6] It was founded by the fusion of 3 small banks and was controlled by ...
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] According to the ...
In the World Bank's Ease of Doing Business rankings, [133] Vietnam also rose from 104th place in 2007 to 68th place in 2017. The Bank commended Vietnam on progress made in enforcing contracts, increasing access to credit and basic infrastructure, and trading, among other factors.