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Joint Stock Commercial Bank for Foreign Trade of Vietnam: Vietcombank 55,892 198 Tran Quang Khai, Hoan Kiem Dist., Hanoi Capital vietcombank.com.vn: Ngân hàng Thương mại Cổ phần Công thương Việt Nam Vietnam Bank for Industry and Trade: Vietinbank 53,699 108 Tran Hung Dao, Hoan Kiem Dist., Hanoi Capital vietinbank.vn
As of December 31, 2023, LPBank's total assets reached over VND382,953 billion, [1] up 17% from the beginning of the year. Market segment 1 mobilization activities reached VND285,342 billion; [ 2 ] [ 3 ] credit growth reached VND39,686 billion with a rate of 16.83%, in line with the ceiling allowed by the State Bank of Vietnam .
The Vietnam International Commercial Joint Stock Bank (Vietnamese: Ngân hàng TMCP Quốc tế Việt Nam), abbreviated as "VIB", [1] [2] is a commercial bank in Vietnam. [ 3 ] [ 4 ] It was established in 1996 and is headquartered in Ho Chi Minh City.
Banking in Vietnam started in 1976 with the State Bank Vietnam, which became the central bank of the country. Vietnam's banks suffer from low public confidence, regulatory and managerial weakness, high levels of non-performing loans (NPL), non-compliance with the Basel capital standards, and the absence of international auditing.
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 .
In 2023, Techcombank, a joint stock commercial bank in Vietnam, was awarded the "Best Financial Institution for Syndicated Loan in Vietnam" at The Asset Triple A Country Awards. [25] [26] [27] The Asian Banker has recognized Techcombank as the "Best Retail Bank" in Vietnam. [28] [29] Best Customer Engagement Bank in Asia awarded by IDC. [30] [31]
Vietnam joined the World Bank Group (WBG) on 21 September 1956. [1] Before the mid-1980s, Vietnam was one of the world's least developed countries.A series of economic and political reforms launched in 1986, known as Đổi Mới, caused Vietnam to experience rapid economic growth and development, becoming a lower middle-income country.
September 9 – Cánh Diều Awards 2023; September 10–11 – Joe Biden visits Vietnam; 12 September – 2023 Hanoi building fire: A fire at a 9-story apartment building in Hanoi, kills at least 56 people and hospitalizes 37 others. [7] 29 September – Miss Universe Vietnam 2023 held in Ho Chi Minh City.