Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank): Business Overview, Financials & Competitive Analysis
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) scores 8/10 on the AskCyborg Cyborg Score (Strong). Market leader in Vietnam's commercial banking sector with strong capital ratios, leading brand positioning, and accelerating digital transformation positioning it well for sustained growth through 2026.
What is Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank)'s industry? Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) (vietcombank.com.vn) operates in Commercial banking. AskCyborg classifies Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) under Commercial banking in its company registry.
Vietcombank was established and began formal operations on April 01, 1963, and has made significant contributions to the stability and development of the national economy, effectively performing its role as a principa...
Cyborg Score thesis
Market leader in Vietnam's commercial banking sector with strong capital ratios, leading brand positioning, and accelerating...
Read the full analyst-debate transcript →Get the Latest Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) Report
Up-to-date AI-powered research, analyst debate audio & saved-company playlists
Get Current Report FreeJoint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) Overview
Pro stress-test →Vietcombank was established and began formal operations on April 01, 1963, and has made significant contributions to the stability and development of the national economy, effectively performing its role as a principal foreign-trade bank while exerting substantial influence in regional and global financial communities. The bank is now among the largest commercial banks in Vietnam, with more than 600 branches, transaction offices, representative offices, and affiliated units both within and outside the country.
Strategic Profile
Pro stress-test →As of June 30, 2026, Vietcombank's total assets reached nearly VND 2.67 trillion (up 9.83% since end of 2025), with capital mobilization exceeding VND 1.75 trillion and outstanding loans reaching VND 1.74 trillion (up 4.8%). The bank continues to realize its strategic goal by 2030 of becoming the largest financial group in Vietnam; one of the 200 largest financial groups in the world; and one of the 700 largest listed companies globally.
Competitive Landscape
Pro stress-test →Vietcombank's top competitors include HDBank and VietinBank. All three compete for market share in Vietnam's retail and wholesale commercial banking sectors, serving corporate, SME, and consumer customers. Vietcombank differentiates through scale (600+ branches), heritage brand positioning, FDI customer strength, and accelerating digital ecosystem development. Competitors are similarly expanding digital capabilities and targeting high-growth sectors.
Industry Context
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) operates in Commercial banking.
Key facts
Founded: 1963 · Headquarters: Hanoi, Vietnam · Employees: 23,460 (as of July 7, 2026) · Revenue: $4.4B (2022)