On 30/10/1962, Bank for Foreign Trade of Vietnam (Vietcombank) was established from the Foreign Exchange Bureau (of The State Bank of Vietnam) according to No 115/CP Decree of the Government.


On 01/04/1963, Vietcombank officially came in to operation as an exclusive bank for foreign trade


VCB established a finance company in Hong Kong – named Vinafico Hong Kong


On 14/11/1990, according to Decree No. 403-CT of the Chairman of Ministers Council, Vietcombank changed from an exclusively specialized in foreign trade economic activities bank into a general commercial bank.


Vietcombank was awarded the Labour Medal, Second Class by the State.


VCB established a joint venture with a Korean partner – named First Vina Bank, currently known as ShinhanVina Bank.


Established Leasing and Investment Company directly under Vietcombank (Debt management and Mining assets).


VCB was awarded as the Best bank in Vietnam by Asia Money Magazine - one of the most trusted monetary magazines in Asia.


On 21/09/1996, the Governor of the SBV issued No. 286/QD-NH5 decree about restating Bank for Foreign Trade of Vietnam based on previous Decree 68/QD-NH5 on 27/03/1993 by The SBV's Governor. Accordingly, Vietcombank was operating under the model of 90, 91 corporation regulated in No. 90/QD-TTg decision on 07/03/1994 by the Prime Minister with the international name: Bank for Foreign Trade of Vietnam, Vietcombank in short.

Established representative office in Paris (France) and in Moscow (Russia)

Opened Vietcombank Tower 198 joint venture with Singapore.


Established representative office in Singapore.

Vietcombank registered exclusive trademark of business at Industrial Property Department, Ministry of Science, Technology and the Environment.


Established Vietcombank Leasing Company.


Established VCB Stock Ltd. company - VCBS


Vietcombank was arwarded the Independence Medal, Third Class by the Government.

VCB was voted as the Best bank in Vietnam by EUROMONEY Magazine.

Vietcombank’s Connect 24 card is the only banking products awarded ' Vietnam Golden Star' award.


Vietcombank was awarded the Best Bank in Vietnam by The Banker magazine 5 consecutive year


Vietcombank was the only bank receiving the “Sao Khue” award (by Vietnam Software Sssociation (VINASA) held under the auspices of The National Steering Committee on information technology and the Ministry of Post and Telecommunications.

Vietcombank Dong Nai Branch was honourably be the first branch in Vietcombank system awarded the title “Labour Hero” by Prime Minister for the outstanding achievements in the revolutionary period from 1995-2004, contribute to the national socialism and defense.

Contributed capital to establish Vietcombank Fund Management Company - VCBF


General Director of Vietcombank received 'Outstanding Asia Banking Leader” award.

Vietcombank was honoured to be 1 in 4 organizations receiving “Typical Creative Character” at National Conference on innovation.

General Director of Vietcombank was elected to be the Vice chairman of the Asian Bankers Association.

Vietcombank- 3 consecutive years- was awarded ‘Vietnamese strong brand’ award. Particularly, Vietcombank was awarded Top Ten strongest brands amongst 98 winners.


January 2007, Vietcombank and SEA Commercial Joint Stock Bank signed the contract with Cardif, established Vietcombank-Cardif Life Insurance company (VCLI).

Vietcombank was awarded “The Best Banks for corporate foreign exchange services”, in 2007 by Asia Money magazine.


January 2008, Vietcombank was received ‘Business stars award of 2007’ and also voted as one of the 10 largest enterprises of Vietnam.

April 2008, Vietcombank honourably awarded the Ho Chi Minh Medal by the Government on the occasion of celebrating 45th anniversary (April 1st 2008).

April 2008, Vietcombank is the only organization in the banking and finance sector to be selected in The National Brands program.

02/06/2008, Vietcombank officially changed into Joint Stock Commercial Bank for Foreign Trade of Vietnam under Decree No.138/GP-NHNN establishing and operating license of the Governor of the SBV on  28/05/2008 and Business Registration Certificate No. 0103024468  issued by the Department of Planning and Investment in Hanoi on 02/06/2008.

July 2008, Vietcombank received “The Best Domestic Bank” award in 2008. This is an annual award by Asiamoney and it was the first year for Vietnam to be in the voting list with only one award for this title.

August 2008, Vietcombank was awarded ‘Vietnamese Best Cash Management Bank” in 2008 voted by enterprises through Asianmoney magazine.

October, 2008, Mr. Nguyen Phuoc Thanh, Chief Executive Officer of Vietcombank was awarded ‘Vietnamese Outstanding Entrepreneurs” in 2008 and ‘Excellent Leader Award in the Retail field” in 2008.

October 2008, Vietcombank was awarded Gold Cup "Best Joint Stock Company in Vietnam".

December 2008, Vietcombank was awarded the Certificate of Merit by the Prime Minister according to the Decree No. 1697/QĐ-TTg for the achievements in implementing policies to control inflation, stabilize the macro economy, satisfy the capital demand for the production, export and social activities.


11/06/2009, officially opened Cardif - Vietcombank Life Insurance Company Ltd.

30/06/2009, Vietcombank (stock code VCB) was officially listed on the Ho Chi Minh Stock Exchange

07/05/2009, Vietcombank was awarded “The Best Domestic Trade Finance Bank in 2009” by readers of Trade Finance Magazine (TFM). Vietcombank is the only bank in Vietnam received this award 2 years in a row.

September 2009, Vietcombank was awarded 6 important prizes including foreign exchange, cash management and electronic transactions by Asia Money magazine.

October 2009, Mr Nguyen Hoa Binh - Chairman of Vietcombank – was awarded ‘ Vietnamese Entrepreneur of the Year” in 2009.

October 2009, Vietcombank was awarded "Trusted Stock Brand in 2009" and “Top 20 listed brands in Vietnam”.

October 2009, Vietcombank was awarded ‘Outstanding member in Government bonds bidding” award. It is active in ceremony honoring businesses and typical members on the Hanoi stock exchange (HNX), HNX due in 2009 and investments held.

This activity belongs to the ceremony ‘Honouring excellent corporate and individuals in 2009’ held by Hanoi Stock Exchange (HNX) Transaction Centers and Investments Magazine.

11/2009, Vietcombank is also organized the annual meeting of financial leaders in Asia

November 2009, Vietcombank co-organized the Annual mMeting of Financial Leaders in Asia.


January 2010, Vietcombank was awarded ‘Prestigious Foreign Trade Brand in 2009’. Mr. Nguyen Hoa Binh - Chairman of Vietcombank- was awarded ‘Outstanding Businessman in Foreign Trade field in 2009".

April 2010, Vietcombank was chosen to attend ‘National Brand’ program 2 years in a row.

July 2010, Vietcombank was awarded "The Best Domestic Trade Finance Bank in 2010" by Trade Finance Magazine. This awarded was given to Vietcombank (Vietnam's only representative) in 3 consecutive years.

29/07/2010, the Prime Minister of Socialist Republic of Vietnam has awarded Labor Medal to several teams and individuals in Vietcombank according to the Decree No.1148/QD-CTN. 

August 2010, Vietcombank was awarded ‘National Sustainable Brand’.

September 2010, Vietcombank received "Trusted Stock Brand".

October 2010, Ms. Nguyen Thi Tam - Member of BOD, former Deputy General Director and Ms. Nguyen Thu Ha – Deputy General Director of Vietcombank, was awarded the ‘Capital Golden Rose’.

October 2010, Vietcombank was one of the 4 Biggest Income Tax Payment Banks and also was the number one in the finance and banking sector.


April 7th 2011, Vietcombank was awarded ‘The Best Domestic Trade Finance Bank in Viet Nam, 2011’ by The Asian Banker-  the world's leading magazine on strategic information about financial services and ‘The Asian Banker Talent and Leadership Development’ Award. Mr. Pham Quang Dung – Deputy Director of Vietcombank – honorably awarded ‘The Asian Banker Promising Young Banker Award, 2011’ in Asia-Pacific region.

April 10th 2010, Vietcombank was awarded ‘Top Ten strong brand name in Vietnam, 2011". This award was given to Vietcombank in 9 consecutive years.

On 30/9/2011, Vietcombank has successfully signed strategic cooperation agreements with Mizuho Bank, ltd. (MHCB) - a member of Mizuho Financial Group (Japan) - by selling 15% equity.


July 5th 2012, Vietcombank was awarded ‘Best Vietnamese Trade Bank in 2012’ award . Vietcombank is the only representative of Vietnam in 5 consecutive years for this award (2008-2012).


07/01/2013, Vietcombank was recognized and awarded ‘National brand’ trophy by the  Council of National Brand.