On April 26, 2025, Vietcombank (stock code: VCB) successfully held its 2025 Annual General Meeting of Shareholders (AGM).

Enhancing leadership, strengthening governance

The AGM approved the election of two additional members to the Board of Directors for the 2023–2028 term: Mr. Kohei Matsuoka and Ms. Hoang Thanh Nhan. Mr. Matsuoka previously served as an Executive Member of Mizuho Bank and Co-Head of Asia Business Management at the Global CIB Coordination Department, Mizuho Bank Global Headquarters. Ms. Hoang Thanh Nhan was formerly the Editor-in-Chief of Vietam Banking Times under the State Bank of Vietnam.

At the same time, the AGM approved the dismissal of Mr. Shojiro Mizoguchi from his role as a member of the Board of Directors and Deputy General Director. Additionally, Mr. Tran Sy Manh, Head of Vietcombank’s Planning Department, was elected to the Supervisory Board for the 2023–2028 term, replacing Mr. Trinh Ngoc An, who stepped down upon personal request.

 Vietcombank’s 2025 Annual General Meeting of Shareholders

Approval of plan to issue 543.1 million private shares to raise charter capital

A major highlight of the AGM was the approval of a plan to issue private shares to increase Vietcombank’s charter capital. The bank plans to issue up to 543.1 million shares—equivalent to 6.5% of its total outstanding shares—to a maximum of 55 investors, including strategic partners and qualified institutional investors. The total value of the issuance at par is estimated at VND5.43 trillion.

The issuance may be conducted in one or multiple phases between 2025 and 2026. Upon completion, Vietcombank’s charter capital will rise from approximately VND83.5 trillion to nearly VND88.9 trillion, solidifying its status as the Vietnamese bank with the largest charter capital.

Chairman of the Board of Directors, Mr. Nguyen Thanh Tung delivered a speech at the AGM

Strategic goal: 10% growth in total assets through Green-Aligned Investments

In 2025, Vietcombank targets a 10% increase in total assets. Credit growth will be adjusted in accordance with limits set by the State Bank of Vietnam, with a target maximum credit balance growth of 16.28%. Capital mobilization from market segment 1 is expected to grow by 8%, in line with credit demand. Vietcombank remains committed to keeping its bad debt ratio below 1.5%, reflecting strong asset quality and sound risk management.

Looking ahead, the bank will continue to advance its green growth and sustainable development strategy, affirming its leadership role in Vietnam’s financial sector and its dedication to ESG governance standards. The bank also aims to enhance its presence on the international stage and contribute meaningfully to the sustainable development of the national economy.

VCB News