This action follows Moody's Ratings' decision on 4 May 2026 to affirm Vietnam's sovereign rating at Ba2 and revise its outlook to Positive - reflecting notable improvements in economic competitiveness, institutional quality and governance, alongside accelerating digitalization, infrastructure investment and capital market development across the economy.

According to Moody's Ratings, VCB maintains a solid financial foundation with strong profitability and asset quality, supported by a large and stable deposit base. The Positive Outlook reflects the potential for a one-notch rating upgrade, contingent on the very high probability of government support in times of need. Should Vietnam's sovereign rating be upgraded, VCB stands to benefit directly. With respect to the BCA assessment, Moody's would consider an upgrade if VCB improves its Tangible Common Equity (TCE) to Risk-Weighted Assets (RWA) ratio to above 13%. Improvements in profitability and core banking liquidity ratio would also be viewed positively for the BCA assessment.

VCB acknowledges Moody's positive assessment with appreciation and regards it as meaningful encouragement on its journey toward sustainable development. As the leading State-owned commercial bank in the system, VCB remains committed to strengthening its capital base, improving operational efficiency and maintaining credit quality at the highest standard.

VCB places great importance on maintaining a transparent and close working relationship with State regulatory authorities and international credit rating agencies. Consistent, accurate and timely disclosure of information is the foundation upon which VCB builds enduring trust with the domestic and international investment community.

Looking ahead, VCB remains steadfast in its sustainable development strategy, placing the interests of shareholders and customers at the forefront, while aligning its banking mission with its responsibility to contribute to the shared prosperity of the nation. This serves as motivation for VCB to keep striving, continuously improving and contributing responsibly to the robust and resilient growth of Vietnam's financial system.

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