VietBank

What VietBank does

VietBank (legal name: Ngân hàng TMCP Việt Nam Thương Tín) is a Vietnamese commercial joint-stock bank founded in 2007 and headquartered in Cần Thơ with a regional office in Ho Chi Minh City. The bank serves three primary customer segments — Individual/Retail, Business/SME, and Corporate/Institutional customers — through a network of 127 transaction points, an ATM network, a hotline (1800 1122), and digital platforms including the VietBank Digital Plus mobile app and the VietBank DigiBiz omni-channel business banking platform. Its product portfolio spans deposit and savings products, consumer and SME lending, trade finance (letters of credit, pre-shipment export financing, import financing, documentary collection), domestic and international payments (Western Union remittance integration, outward remittances), guarantees, credit cards, insurance distribution (bancassurance with Hanwha Life Vietnam), payroll and escrow services, and government tax payment services (eTax).

The bank generates revenue primarily through net interest income — 1,747 billion VND in H1 2026, up 26% year-over-year — derived from its loan portfolio (120,294 billion VND outstanding, up 11% YoY) and customer deposits (132,369 billion VND, up 5.6% YoY), supplemented by transaction fees from trade finance, account services, international payments, and insurance commissions. Pre-tax profit in H1 2026 reached 923 billion VND, up 79.4% year-over-year, on total assets exceeding 205,000 billion VND. The bank's technology stack includes in-house AI systems (Smart Office Tracking System and Intelligent Management System) for document workflow automation, which reduced approval cycles by 35% and earned the CIO ASEAN Innovation Award in 2025. VietBank completed its listing on the Ho Chi Minh Stock Exchange (ticker VBB) on July 14, 2026 with market capitalization of approximately 14,400 billion VND, following a transfer from UPCoM and a charter capital increase to approximately 11,846 billion VND.

Name

VietBank

Legal name

Ngân hàng TMCP Việt Nam Thương Tín

Website

https://vietbank.com.vn

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

VietBank is a Vietnamese commercial bank serving retail, SME, and corporate customers through 127 branches and digital platforms (VietBank Digital Plus, VietBank DigiBiz), offering deposits, lending, trade finance, payments, and insurance distribution across Vietnam.

Ownership category

akta.pro rank

Product category

Retail and Commercial Banking

NAICS

Commercial Banking (52211)

SIC

Commercial Banks, Nec (6029)

akta.pro industry

PRIMARYFSABABAA

General SME & Middle-Market Commercial Banking

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Commercial Banking (SME & Middle Market)

SECONDARYFSABAAAA

Mass-Market Consumer Deposit Banking (Checking/Savings)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Retail Banking

Keywords

• Retail banking services
• Commercial banking services
• Digital payment platforms
• Trade finance services
• SME lending products

Headquarters

HQ city

Soc Trang

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: The primary revenue driver, with net interest income of 1,747 billion VND in H1 2026, up 26% year-over-year. Generated from loan portfolio (120,294 billion VND outstanding) and customer deposits (132,369 billion VND).
2. Fee and Commission Income: Income from banking services including account management, trade finance, international payments, and insurance distribution.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

VietBank is a Vietnamese commercial bank providing deposit, lending, payment, card, trade-finance, guarantee, insurance, and treasury-management services to individuals and businesses. Its distribution combines 127 branches and transaction points with mobile, web, and omni-channel business banking platforms.

Product overview

VietBank operates as a multi-purpose commercial bank offering a comprehensive digital banking platform for both retail (individual) and corporate customers. The core digital offering consists of VietBank Digital Plus mobile app for consumers and VietBank DigiBiz omni-channel platform for businesses, supported by account packages (VB 4.0, VB 4.0 Ultra for individuals; VB Biz packages for businesses). The product portfolio spans deposit and savings products (term deposits, savings accounts, certificate of deposits), lending (personal loans, SME express loans, trade financing, import/export financing, letters of credit), transaction services (domestic and international transfers, salary disbursement, batch payments, escrow services), cards (multiple credit card variants), insurance products (life and non-life), and utility payment integrations. The bank recently launched VietBank Loyalty customer rewards program and achieved HoSE stock listing in July 2026. VietBank also employs in-house AI systems (Smart Office Tracking System and Intelligent Management System) for internal operational automation.

Differentiator

Problem solved

Functional benefit

Brands

• Vietbank Digital: Digital banking platform for retail customers offering mobile and internet banking services
• Vietbank DigiBiz
• VB 4.0
• VB 4.0 Ultra
• VB-BIZ
• Vietbank Loyalty
• Vietbank Digital Plus

Products and services

• VietBank Digital Plus Mobile App (Ứng dụng VietBank Digital Plus) Mobile banking application for iOS and Android that provides account management, fund transfers, bill payments, QR payments, and biometric authentication through Face ID and fingerprint.
• VietBank DigiBiz Omni-channel digital banking platform for business customers that supports integrated account management, multi-level transaction approval, beneficiary management, payment scheduling, customized organizational permissions, and financial reporting.
• VietBank Credit Cards Credit cards for retail customers, including Napas, Mastercard Happy, Mastercard Lifecare, Visa Mystyle, and Visa Luxury variants with card-specific spending benefits, fees, and transaction requirements.
• Express SME Loan (Cho Vay Siêu Tốc SME) Working-capital loan for SME businesses operating for at least two years, using simplified documentation and approval within 48 hours after receipt of a complete application.
• Pre-Shipment Export Finance (Tài Trợ Xuất Khẩu Trước Giao Hàng) Pre-shipment financing for export companies to fund production, sourcing, and materials needed to fulfill export contracts, available in VND and USD with flexible collateral options.
• Import Letter of Credit (LC Nhập Khẩu) Import letter-of-credit services for importing enterprises, including issuance, amendment, transport-document endorsement, delivery authorization, goods-receipt guarantee letters, and settlement.
• Export Document Negotiation Under Letter of Credit (Thương Lượng Thanh Toán Bộ Chứng Từ Xuất Khẩu theo L/C) Negotiation of export-document payments under letters of credit, supporting immediate and deferred-payment instruments with or without promissory notes and negotiation rates up to 98% of the export-document value.
• Western Union Remittance Receipt (Nhận Tiền Kiều Hối Western Union) Service for customers to receive Western Union international money transfers at VietBank branches in USD or VND with no recipient service fee and competitive exchange rates.
• Outward International Remittance (Chuyển Tiền Vãng Lai Ra Nước Ngoài) Outward remittance service for individuals transferring money abroad for education, medical treatment, family support, travel, immigration, or inheritance, with high transfer limits and flexible documentation requirements.
• Gold and Document Safekeeping (Dịch Vụ Giữ Hộ Vàng/Giấy Tờ) Custody service for SJC-brand gold and important documents, with gold storage beginning at 10 chi and terms starting from one month.
• Flexible Business Term Deposit (Tiền Gửi Linh Hoạt Doanh Nghiệp) Term deposit for businesses that permits partial withdrawals without losing interest on the remaining balance, supports VND and USD, and requires a minimum deposit of 200 million VND.
• Collateral-Free Bid Bond on VNEPS (Bảo Lãnh Dự Thầu Không TSBĐ trên VNEPS) Bid bond guarantee for bidding entities on the Vietnam National Electronic Procurement System without collateral requirements, with a maximum amount of 3% of 12-month revenue and up to 10 billion VND per guarantee letter.
• Salary Disbursement (Dịch Vụ Chi Lương) Salary-disbursement service that allows an organization to pay multiple recipients in one transaction, with included account-opening and domestic internet-banking transfer terms.
• eTax Electronic Domestic Tax Payment (eTax - Thuế Nội Địa Điện Tử) Electronic tax-payment service for taxpayers making payments from VietBank accounts to the State Treasury through the General Department of Taxation portal, available 24/7 with real-time tax-authority confirmation.
• Comprehensive Financial Protection Insurance (Bảo An Tài Chính Toàn Diện) Insurance for VietBank borrowers and business leaders covering death, permanent disability from accidents, illness, and maternity, with benefits up to 5 billion VND per person.
• Middle-Aged An Lộc Savings (Tiết Kiệm Trung Niên An Lộc) Savings product for customers aged 40 and above, offering 14-, 15-, 18-, 24-, or 36-month terms, a 10 million VND minimum deposit, and advance, monthly, quarterly, or end-of-term interest-payment options.
• Multi-Benefit Savings (Tiết Kiệm Đa Tiện Ích) Savings product with terms from six to 36 months, a 50 million VND minimum deposit, flexible interest-payment options, and preferential rates based on deposit amount and term.
• Future-Launch Savings (Tiết Kiệm Chắp Cánh Tương Lai) Long-term savings product for Vietnamese citizens with terms from one to 15 years, deposits of at least 500,000 VND, floating rates adjusted every six months, and a bonus rate at maturity.
• Cash Disbursement Service (Dịch Vụ Chi Hộ) Enterprise cash-disbursement service covering counter payments, payments at designated locations, collections from other credit institutions, batch payments including payroll, and cash-management functions.
• Escrow Payment Service (Dịch Vụ Trung Gian Thanh Toán) Escrow service in which a buyer deposits transaction funds into a VietBank account, the bank temporarily holds them, and transfers them to the seller according to the transaction contract.
• Centralized Account Management Service (Dịch Vụ Quản Lý Tài Khoản Tập Trung) Centralized account management for organizations with multiple subsidiaries that automatically sweeps available balances to a master account or retains required minimum balances to use idle funds more efficiently.
• Batch Payment Service (Thanh Toán Theo Lô) Batch-payment service that allows organizations to transfer funds to as many as 1,000 beneficiaries in one transaction through Excel file submission, including beneficiaries at VietBank and other banks.
• Premium Account Number Selection (Tài Khoản Số Đẹp) Service allowing customers to select memorable three-to-ten-digit account numbers, including lucky, birthday, and prosperity numbers, under multiple pricing tiers.

Quantifiable outcome

• Reduced document approval cycles by 35% through AI implementation

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Hanwha Life VietnamcoreChannel Partner/ Reseller/ Distributor · 1 July 2026Bancassurance partnership distributing life insurance products through VietBank's branch network. Joint promotional campaigns 'An tâm gắn kết' and 'Gắn bó dài lâu' offer insurance customers gifts and incentives when purchasing insurance through VietBank.
• Trường Đại học Kinh tế - Tài chính TP.HCM (UEF)coreStrategic or Co-development Partner · 16 June 2026VietBank signed a cooperation agreement with UEF to sponsor 1.245 billion VND for building a banking simulation lab at the university. The partnership includes internship opportunities, seminars, career guidance, and job placement connections for students. The lab will accommodate approximately 40 students and 1 instructor per session with realistic banking workflow simulation.
• Western UnioncoreTechnology or Integration · 1 January 2025International remittance service allowing VietBank customers to receive Western Union money transfers. Service is free for recipients who can receive in USD or VND at competitive exchange rates.
• Đại học Ngân hàng TP.HCM (HUB)minorStrategic or Co-development PartnerEducation partnership for talent development in banking sector. VietBank has provided scholarships including 'Chắp cánh ước mơ' for outstanding students and collaborated on AI certification programs.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• ACB (Asia Commercial Bank): Vietnamese private commercial bank focused on retail and SME segments with strong digital and card products. ACB competes head-to-head with VietBank in retail deposits, consumer lending, and SME banking.
• Vietcombank (Joint Stock Commercial Bank for Foreign Trade of Vietnam): Vietnam's largest listed commercial bank by market capitalization and a direct competitor across retail deposits, SME/corporate lending, trade finance, and digital banking. VietBank competes with Vietcombank for the same Vietnamese retail and enterprise customer base across overlapping branch and digital channels.
• VPBank (Vietnam Prosperity Bank): Major Vietnamese private commercial bank with retail, SME, and consumer finance subsidiaries. VPBank competes with VietBank across deposits, cards, consumer loans, and SME lending.
• BIDV (Bank for Investment and Development of Vietnam): One of Vietnam's 'big four' state-owned commercial banks with a national branch network, large corporate and SME lending book, and trade finance capabilities. BIDV competes with VietBank for SME deposits, working-capital loans, and import/export financing in Vietnam.
• MB Bank (Military Commercial Joint Stock Bank): Large listed Vietnamese commercial bank with a broad retail and corporate franchise, significant digital-banking push, and overlapping trade finance and SME lending offerings. MB is a close peer in customer segment mix and digital channel development vs. VietBank.
• TPBank (Tien Phong Commercial Joint Stock Bank): Vietnamese private commercial bank recognized for digital banking innovation and a strong retail/SME franchise. TPBank is a direct competitor to VietBank in mobile banking, deposits, and SME lending.
• Techcombank (Vietnam Technological and Commercial Joint Stock Bank): Major Vietnamese private commercial bank known for digital-first retail banking and a fast-growing SME / corporate book. Techcombank is one of the most direct VietBank competitors in mobile banking, credit cards, and SME lending.
• OCB (Orient Commercial Joint Stock Bank): Mid-tier Vietnamese commercial bank focused on retail and SME customers. OCB is a closely comparable peer to VietBank in balance-sheet size, customer segments (retail + SME), and digital banking intensity.
• Sacombank (Saigon Thuong Tin Commercial Joint Stock Bank): Listed Vietnamese commercial bank with a national retail and SME network, similar tier of balance-sheet scale, and overlapping trade finance and card products. Sacombank is one of the closest mid-tier peers to VietBank in size and product mix.

Peers

• HDBank (Ho Chi Minh City Development Commercial Joint Stock Bank):

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCAMkVbaN6-0qE9PauSXWJrQ
• Facebookfacebook.com/NH.Vietbank
• TikToktiktok.com/@vietbankofficial

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about VietBank