Vietnam Maritime Commercial Joint Stock Bank

What Vietnam Maritime Commercial Joint Stock Bank does

Vietcombank, formally the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Ngân hàng TMCP Ngoại thương Việt Nam), is one of Vietnam's largest and longest-established commercial banks. Founded in 1963 as a fully state-owned bank, it was equitized in 2007 into a joint stock commercial bank and listed on the Ho Chi Minh Stock Exchange (HSX) under the ticker VCB in 2009, with the State Bank of Vietnam retaining a significant ownership stake.

The bank operates a full-spectrum banking franchise across retail individuals, SMEs, corporate/institutional clients, and financial institutions. Its core product set spans deposit accounts, savings, consumer and business loans (auto, real estate, production), credit and debit cards, insurance (protection, investment, savings), investment services, and money transfers, supplemented by trade finance, treasury, and institutional banking for larger clients. Distribution combines a nationwide branch and ATM network with four purpose-built digital platforms: VCB Digibank for retail customers, VCB DigiBiz for SMEs, VCB iBanking for corporate internet banking, and VCB Cashup for corporate cash management and treasury, alongside a VCB Loyalty rewards program.

Vietcombank generates revenue primarily through interest income from its lending book across retail and corporate segments, supplemented by transaction fees on accounts, cards, and money transfers, and fee-based income from trade finance, cash management, and digital banking services. Customer acquisition runs through both physical branches/ATMs and self-service digital channels, with online registration via the bank's digital onboarding portal and marketing conducted through its bilingual Vietnamese/English website and digital banking platforms.

Name

Vietnam Maritime Commercial Joint Stock Bank

Legal name

Joint Stock Commercial Bank for Foreign Trade of Vietnam

Website

https://portal.vietcombank.com.vn

Company type

Public

Founded year

1963

Operating status

Operating

Headcount range

11–50 employees

Short description

Vietcombank (Joint Stock Commercial Bank for Foreign Trade of Vietnam) is one of Vietnam's largest publicly listed commercial banks, serving retail, SME, corporate, and financial institution customers through nationwide branches, ATMs, and digital platforms including VCB Digibank, VCB DigiBiz, VCB iBanking, and VCB Cashup.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

Keywords

• Retail banking services
• Corporate banking
• Digital banking
• SME lending
• Treasury management

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Retail Banking Services: Interest income from consumer lending (personal loans, auto loans, real estate loans, and business production loans), fee income from account services, card transactions, and money transfers for individual customers.
2. SME & Corporate Banking Services: Interest income from business lending, transaction fees, cash management services, trade finance, and treasury solutions for SME and corporate clients.
3. Digital Banking Platform Services: Revenue from digital banking subscriptions, transaction fees on online transfers, and cross-sell of insurance and investment products through digital channels.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels3 records

Core offering

Vietnam Maritime Commercial Joint Stock Bank (Vietcombank) is a full-service commercial bank offering deposit accounts, savings, consumer and business loans, payment cards, insurance, investment products, money transfers, trade finance, and corporate treasury and cash management for individual, SME, corporate, and institutional clients. Services are delivered through a nationwide branch and ATM network and a segmented digital banking suite comprising VCB Digibank (retail), VCB DigiBiz (SME), VCB iBanking (corporate/organizational), and VCB Cashup (corporate treasury). The bank is listed on the Ho Chi Minh Stock Exchange under ticker VCB.

Product overview

Digital banking platform with multiple channels: VCB Digibank for retail customers, VCB DigiBiz for SME clients, VCB iB@nking for corporate/organizational users, and VCB Cashup for cash management. The bank also offers a VCB Loyalty program for customer rewards. The product portfolio includes deposit accounts, savings, loans (consumer, auto, real estate, business), credit/debit cards, insurance products (protection, investment, savings), investment services, and money transfer capabilities across multiple customer segments.

Differentiator

Problem solved

Functional benefit

Brands

• VCB Digibank: Digital banking platform for retail/individual customers, accessible via web and mobile app.
• VCB DigiBiz
• VCB iBanking
• VCB Cashup
• VCB Loyalty

Products and services

• VCB Digibank Digital banking platform for individual retail customers offering online account management, card services, consumer loans, savings, insurance, investment products, and money transfers.
• VCB DigiBiz Digital banking platform tailored for SME clients offering business account management, SME-specific loans, cash flow tools, and other financial management features for small and medium businesses.
• VCB iB@nking Internet banking service for corporate and organizational customers enabling online financial transactions, batch payments, and corporate account management.
• VCB Cashup Cash management and treasury solution for corporate and institutional customers facilitating cash flow management, liquidity operations, and treasury workflows.
• VCB Loyalty Customer loyalty and rewards program that offers rewards and special benefits to retail banking customers of Vietcombank.
• Deposit and Savings Accounts Deposit and savings account services (current and term) for individual, SME, and corporate customers, supporting everyday banking and savings accumulation.
• Consumer and Mortgage Loans (Vay) Consumer loans covering personal, auto, real estate, and small business production financing, offered to individuals and SME borrowers through Vietcombank's retail and SME channels.
• Payment Cards (Debit and Credit) Debit and credit card products for individual customers supporting payments, cashless transactions, and card-based banking services.
• Insurance Products Insurance products covering protection, investment-linked, and savings-oriented policies, distributed to retail customers as part of Vietcombank's banking offerings.
• Investment Services Investment products and services offered to retail customers through Vietcombank's banking channel.
• Money Transfer Services Domestic and international money transfer services for individual and business customers of Vietcombank.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BIDV (Bank for Investment and Development of Vietnam): Another of Vietnam's largest state-owned commercial banks with full retail, SME and corporate banking franchises. Closely comparable on scale, ownership structure and product breadth.
• Asia Commercial Bank (ACB): Major Vietnamese private commercial bank focused on retail and SME banking with a national branch network and digital platform. Comparable on segment mix and customer base.
• HDBank (Ho Chi Minh City Development Commercial Joint Stock Bank): Vietnamese commercial bank with retail, SME and consumer-finance focus, competing in the same segments with growing digital capabilities.
• VPBank (Vietnam Prosperity Bank): Large Vietnamese private commercial bank with strong retail, consumer finance and SME exposure. Competes for the same retail and SME deposit/lending pool.
• VietinBank (Vietnam Joint Stock Commercial Bank for Industry and Trade): One of Vietnam's 'Big Four' state-owned commercial banks, offering retail, SME and corporate banking with nationwide branches. Directly comparable as a domestic universal bank of similar scale and state-ownership profile.
• Techcombank (Vietnam Technological and Commercial Joint Stock Bank): Top-tier Vietnamese private commercial bank with a leading retail, wealth and SME franchise and aggressive digital strategy. Direct competitor for the same customer segments with a private-sector governance model.
• Military Commercial Joint Stock Bank (MB Bank): Large Vietnamese commercial bank with strong retail and digital banking push (M-App, Business App). Comparable as a Vietnamese universal bank competing for the same retail, SME and corporate wallets.
• Sacombank (Saigon Thuong Tin Commercial Joint Stock Bank): Vietnamese commercial bank offering retail, SME and corporate banking with national branches and digital channels. Comparable mid-tier universal bank competitor.

Broad incumbents

• Standard Chartered Vietnam: International bank operating in Vietnam with strength in corporate, transaction banking and trade finance. Comparable on the institutional and corporate-banking side of Vietcombank's franchise.
• HSBC Vietnam: Global incumbent with a Vietnamese subsidiary focused on corporate, institutional and trade-finance banking. Overlaps with Vietcombank in corporate/institutional and trade-finance product lines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vietnam-maritime-commercial-joint-stock-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Vietnam Maritime Commercial Joint Stock Bank