Mr. Nguyen Thanh Tung - Chairman of Vietcombank's Board of Directors spoke at the conference

Sustaining leadership in the banking industry

As of December 31, 2024, Vietcombank’s total assets surpassed VND2 trillion for the first time, marking a 13% increase compared to the end of 2023. The non-performing loan ratio stands at 0.97%. The bank achieved the highest pre-tax profit in the banking sector and met its targets as set by the State Bank of Vietnam.

Ms. Nguyen Thi Hong, Governor of the State Bank of Vietnam (4th from left), and Mr. Nguyen Thanh Tung, Chairman of the Board of Directors of Vietcombank (2nd from left), presented flowers and the Central Bank's Emulation Flag to Vietcombank Hoang Mai and Vietcombank Can Tho. They also awarded Certificates of Merit to the Human Resources Planning Board and Vietcombank Hanoi

On October 17, 2024, Vietcombank officially completed the mandatory acquisition of Vietnam Construction Commercial Joint Stock Bank (CB), in line with the government’s approved plan.

On November 30, 2024, the National Assembly approved Vietcombank's plan to increase its charter capital from retained earnings, raising it to VND83.6 trillion - making it the largest charter capital among credit institutions in Vietnam.

Mr. Le Quang Vinh, Deputy General Director overseeing the Executive Board, received the Certificate of Merit from the General Department of Taxation, presented by Mr. Mai Son, Deputy General Director of the General Department of Taxation

An imprint of green banking and digital transformation

In 2024, Vietcombank successfully issued VND2 trillion in green bonds, earning a "Medium Green" rating (level 2/6) according to S&P Global’s Shade of Green Rating Framework. The bank has also been a key player in securing capital for several national priority projects. Outstanding credit to priority sectors grew by 10% compared to the end of 2023, now accounting for 40% of total credit, with green credit reaching nearly VND48 trillion - a 3.6% increase from the previous year.

Vietcombank has actively contributed to Project 06, with over 10 million customers completing biometric authentication to date. The bank also launched the new version of VCB Digibank in 2024, including a version tailored to elderly users, called "An vui" Digibank.

In November 2024, the bank successfully launched a new server and storage system to support core banking operations for the period 2024-2028.

Mr. Nguyen Thanh Tung, Chairman of Vietcombank's Board of Directors (far right), and Mr. Le Quang Vinh, Deputy General Director overseeing the Executive Board (far left), presented symbols and flowers to honor three units that exceptionally completed their tasks in 2024

Vietcombank rolled out 26 preferential loan programs in 2024, benefiting over 110,000 customers. These programs helped reduce interest rates for loans totaling about VND900 trillion, which accounts for 63% of the bank’s total loan balance. The total interest reduction was estimated at more than VND6 trillion.

By the end of 2024, Vietcombank committed VND861 billion and implemented VND571 billion for social welfare programs. The bank remains a leader in the industry and one of the largest contributors to the state budget, with contributions exceeding VND12 trillion.

Endorsed by prestigious international organizations for credibility

Vietcombank has earned positive ratings from leading international and domestic credit organizations, including HRAA, Anphabe, and Brand Finance. It was also ranked among the Top 20 companies in the 2024 Sustainable Development Index (VNSI).

In 2025, Vietcombank will continue to follow the guidance of the Government and the State Bank of Vietnam, staying true to its operational motto of "Innovation, Efficiency, Sustainability." With the guiding principles of "Responsibility - Discipline - Connectivity - Creativity," the bank aims to achieve the ambitious targets outlined in its 2025 Development Strategy and Restructuring Plan, which includes tackling non-performing loans for the 2021-2025 period.

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