BIDV

What BIDV does

BIDV (Bank for Investment and Development of Vietnam, legal name Ngân hàng TMCP Đầu tư và Phát triển Việt Nam) is a state-owned commercial bank founded in 1957 and headquartered in Hanoi, listed on the Ho Chi Minh Stock Exchange under ticker BID. It is one of Vietnam's four dominant state-owned banks (alongside Vietcombank, VietinBank, and Agribank), which collectively hold approximately 50% of total system deposits. BIDV serves retail individuals, SMEs, large corporates and state enterprises, and high-net-worth clients through a multi-channel architecture combining an extensive physical branch and ATM network with a digital banking stack comprising BIDV SmartBanking (mobile app with 2,000+ services), BIDV Direct, BIDV iBank, and BIDV iConnect for corporate/institutional users. Specialized sub-brands include BIDV Premier and BIDV Private Banking (serving 7,500 high-net-worth clients) plus BIDV Women & Wealth, while micro-enterprise customers are served via Myshop Pro and BIDV SmartVoice OTT.

The bank's product suite spans deposit accounts, personal and corporate lending, project and trade finance, supply chain financing, foreign exchange and derivatives, guarantees, securities services via BIDV Securities (BSC), insurance distribution, and POS/QR payment acceptance. BIDV earns revenue primarily through net interest income from lending operations, supplemented by transaction and service fees (payments, FX, wire transfers), wealth management fees from private banking, and project finance structuring income. Pricing includes promotional deposit rates of 8-8.1% for large deposits and standard interest spreads across retail and corporate lending products. Distribution relies on direct field sales through branches and relationship managers (notably for HNW and corporate clients), self-serve digital channels via mobile and web apps, and partner merchants/card acceptance networks including Apple Pay, Google Pay, Grab, Shopee, and Lazada. BIDV has positioned itself as a clearing bank for the Vietnam-Korea cross-border QR payment infrastructure in partnership with Hana Bank, NAPAS, and GLN International, and is actively expanding renewable energy and green lending through partnerships with the Asian Development Bank and developers such as Levanta Renewables.

Name

BIDV

Legal name

Ngân hàng TMCP Đầu tư và Phát triển Việt Nam (BIDV)

Website

https://bidv.com.vn

Company type

Public

Founded year

1957

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

BIDV is a state-owned Vietnamese commercial bank founded in 1957, serving retail, SME, corporate, and high-net-worth customers through an extensive branch network and digital banking platform spanning deposits, lending, trade finance, wealth management, and cross-border payments.

Ownership category

akta.pro rank

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Traditional lending operations including corporate loans, retail loans, and project financing generating interest income
2. Transaction and Service Fees: Fees from payment services, wire transfers, foreign exchange transactions, and banking services
3. Wealth Management: Private banking and wealth management services for high-net-worth clients including investment advisory and asset management
4. Project Finance: Project financing for infrastructure, renewable energy, and large-scale development projects

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

BIDV is a state-owned commercial bank providing a full suite of retail and corporate financial services, including deposit and savings accounts, personal and mortgage loans, credit cards, trade and project finance, supply-chain finance, FX and capital-markets products, guarantees, wealth management and private banking, and securities brokerage via its BSC partnership. Distribution is delivered through an extensive branch and ATM network complemented by proprietary digital banking platforms (BIDV SmartBanking, BIDV Direct, BIDV iBank, BIDV iConnect) and cross-border QR payment infrastructure integrated with Korean partners.

Product overview

BIDV (Bank for Investment and Development of Vietnam) is a state-owned commercial bank offering a comprehensive platform of financial services across retail, corporate, and institutional segments. The core digital banking infrastructure comprises BIDV SmartBanking (mobile app for retail), BIDV Direct/BIDV iBank/BIDV iConnect (corporate internet banking), and BIDV Direct Shop (sales management). The retail product suite includes multi-tiered credit cards (Visa, Mastercard, JCB, NAPAS networks) spanning entry-level to premium Infinite/Signature tiers, multiple savings and current account types, personal loans (housing, auto, education), and insurance products through BIDV Life. Corporate services cover payment and cash management, trade finance (BIDV TradeFlat, import/export/national financing), supply chain financing, project financing, foreign exchange and capital markets products, guarantees (domestic, international, electronic), and securities services via BSC partnership. Premium banking is served through BIDV Premier and BIDV Private Banking with specialized Visa Infinite and Visa Signature credit cards. The Hộ KD/Tiểu thương (micro-enterprise) segment receives dedicated services including Myshop Pro sales management, POS and QR payment acceptance, and BSMS balance notifications. BIDV Women & Wealth offers a specialized financial package for accomplished women.

Differentiator

Problem solved

Functional benefit

Products and services

• BIDV SmartBanking Mobile banking application for retail customers providing account management, fund transfers, payments, and access to over 2,000 financial services, available on iOS and Android with eKYC registration.
• BIDV Direct Corporate digital banking platform providing comprehensive account management, payment processing, and financial services for business customers with unlimited transaction capabilities.
• BIDV iBank Internet banking platform for corporate customers offering payment management, liquidity management, and integration capabilities for enterprise banking operations.
• BIDV iConnect Corporate API banking solution enabling system integration and automated banking operations for enterprise clients.
• Savings Accounts Multiple savings products including regular savings, online savings, periodic accumulation, education savings, home purchase savings, flexible withdrawal savings, and certificates of deposit for retail customers.
• Personal Loans Retail lending products covering housing loans, education loans, secured and unsecured consumer loans, auto loans, and collateral loans for individual customers.
• Supply Chain Financing Trade finance solutions including distributor financing and supplier financing to optimize working capital across supply chains for corporate clients.
• Project Financing Large-scale financing for infrastructure and capital investment projects including direct project investment loans and indirect fixed asset financing, with focus on renewable energy and infrastructure.
• Guarantee Services Comprehensive guarantee products including domestic guarantees, international guarantees, guarantees for foreign loans, electronic guarantees, and standby letters of credit for corporate clients.
• Trade Finance Import, export, and domestic trade financing through BIDV iBank Trade Finance and dedicated trade finance services for corporate clients.
• Foreign Exchange Products Currency exchange and forex products for retail and corporate customers covering over 100 countries and territories with real-time rates.
• Financial Derivatives Financial and commodity derivatives products for corporate customers to manage currency and commodity price risks.
• BIDV Bonds BIDV-issued bonds available for retail and corporate investors seeking fixed-income investments with competitive yields.
• Securities Services (BSC) Securities trading and brokerage services through BIDV Securities (BSC) partnership, including securities account opening and online trading linked to BIDV banking accounts.
• POS Payment Acceptance Point-of-sale terminal services enabling merchants to accept card payments including Visa, Mastercard, JCB, and domestic cards.
• QR Payment Acceptance QR code payment acceptance service allowing merchants to receive payments from customers via VietQR and domestic payment apps.
• Insurance Products Life and non-life insurance products distributed through BIDV branches including coverage for health, property, and personal risk.
• Investment Fund Products Investment fund products available through BIDV Private Banking and Premier services for wealth management and portfolio diversification for HNW clients.
• Escrow Account Management Escrow account services for corporate clients to manage secure fund holding in complex transactions such as M&A and real estate deals.
• Government Service Payments Payment services for government fees, utilities, and public services enabling customers to pay taxes, electricity, water, and other public bills.
• Cross-Border QR Payment Service Cross-border QR payment service enabling Korean visitors to pay using domestic Korean banking apps at merchant acceptance points across Vietnam, with BIDV as clearing bank.
• BIDV iBank Trade Finance Digital trade finance platform accessible through BIDV iBank for corporate clients to manage import, export, and domestic letter of credit transactions.
• Green Loans Sustainable financing products for green projects and environmentally friendly business initiatives under ESG principles.
• BIDV Premier Priority banking service for affluent retail customers offering personalized financial advisory, exclusive investment solutions, and premium lifestyle privileges.
• BIDV Private Banking Wealth management and private banking service for high-net-worth clients with comprehensive asset management, exclusive investment products, and bespoke financial advisory, serving 7,500 HNW clients.
• BIDV Women & Wealth Specialized financial package for accomplished women, covering financial management, wealth building, community connection, and lifestyle enhancement.
• BIDV Visa Infinite Premium credit card with unlimited privileges targeting high-net-worth customers, offering exclusive travel, dining, golf, and concierge services.
• BIDV Visa Signature Premium Visa credit card offering travel insurance, airport lounge access, and exclusive merchant discounts for upscale consumers.
• BIDV Visa Business Corporate Visa credit card designed for business expenses with spending controls, detailed reporting, and travel benefits.
• BIDV MasterCard Business Corporate Mastercard for business banking, offering expense management and international acceptance for enterprise clients.
• SMEasy Digital banking platform designed for small and medium enterprises providing simplified access to SME-focused banking products and services.
• Myshop Pro Sales management application for small merchants and micro-enterprises, enabling inventory tracking, sales recording, and integration with BIDV accounts for business operations.

Quantifiable outcome

• High-net-worth client base of 7,500 clients recognized at The Asian Banker Vietnam Awards 2026
• +1 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and major.

• Hana BankcoreStrategic or Co-development Partner · 23 April 2026Cross-border QR payment partnership where BIDV and Hana Bank serve as clearing banks for Vietnam-Korea QR payment service, enabling Korean visitors to pay using domestic banking apps in Vietnam and extending to Vietnamese users paying in Korea.
• GLN InternationalcoreTechnology or Integration · 23 April 2026GLN International launched nationwide QR payment service in Vietnam through direct integration with NAPAS VietQR Global infrastructure, enabling Korean fintech app users to make payments across Vietnam.
• Korea Overseas Infrastructure & Urban Development CorporationmajorStrategic or Co-development Partner · 1 April 2026BIDV signed MoU with Hana Bank and Korea Overseas Infrastructure & Urban Development Corporation to expand infrastructure cooperation and explore joint projects in Vietnam in infrastructure, energy, urban development, and green sectors.
• NAPAS (Vietnam National Payment Corporation)coreTechnology or Integration · 1 August 2025Partnership with NAPAS for national QR payment infrastructure (VietQR Global) enabling cross-border QR payments between Vietnam and South Korea.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Vietcombank: Joint Stock Commercial Bank for Foreign Trade of Vietnam, one of Vietnam's Big Four state-owned commercial banks. Direct competitor to BIDV across retail, corporate, and SME banking with a similar universal banking model and government-mandated lending coordination.
• VietinBank: Vietnam Joint Stock Commercial Bank for Industry and Trade, the other large state-owned bank in Vietnam's Big Four. Direct competitor to BIDV in retail, corporate, and project finance, with coordinated participation in government credit packages.
• Agribank: Vietnam Bank for Agriculture and Rural Development, the fourth member of Vietnam's Big Four state-owned banks. Direct peer to BIDV with focus on agricultural and rural lending alongside broad commercial banking, participating in the same coordinated state credit packages.

Emerging players

• Techcombank: Vietnam Technological and Commercial Joint Stock Bank, a leading private-sector bank that has been gaining share in retail, SME, and affluent banking with aggressive digital innovation. Comparable to BIDV in universal banking but with faster execution and a private-sector ownership advantage.
• MB Bank (Military Commercial Joint Stock Bank): One of Vietnam's largest joint-stock commercial banks with strong retail and digital banking franchises. Comparable to BIDV across retail, SME, and corporate segments, with a particularly aggressive mobile-first growth strategy.

Regional players

• Asia Commercial Bank (ACB): Vietnamese joint-stock commercial bank with a strong retail and SME focus and recognized digital banking capabilities. Comparable to BIDV in retail and SME banking, competing in the same Vietnamese market.
• VPBank: Vietnam Prosperity Joint Stock Commercial Bank, a major private bank with broad retail, SME, and consumer finance offerings. Comparable to BIDV across retail and SME segments in the Vietnamese market, often cited for digital banking innovation.
• Sacombank: Saigon Thuong Tin Commercial Joint Stock Bank, a Vietnamese joint-stock commercial bank offering retail, SME, and corporate banking. Comparable to BIDV as a universal banking competitor within Vietnam.
• HDBank: Ho Chi Minh City Development Commercial Joint Stock Bank, a Vietnamese joint-stock bank with retail, SME, and consumer finance offerings. Comparable to BIDV across retail and SME banking in Vietnam.

Broad incumbents

• HSBC Vietnam: Global universal bank with significant presence in Vietnam serving corporate, institutional, and affluent retail customers. Comparable to BIDV's corporate, trade finance, and HNW segments as a broad incumbent operating in the same Vietnamese market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC42tGYv5Mbwuyz5u7v9-uBg
• Facebookfacebook.com/BIDVbankvietnam
• LinkedInlinkedin.com/company/bidv
• TikToktiktok.com/@bidv.official
• Xx.com/bidv

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BIDV