LEADER IN TOP 10 MOST PRESTIGIOUS COMMERCIAL BANKS IN VIETNAM 2020

In September 2020, Top 10 prestigious companies in key industries including banking industry was announced by Vietnam Report JSC in collaboration with Vietnamnet electronic newspapers. 2020 was the third consecutive year when Vietcombank was honored as the leader in Top 10 prestigious commercial banks in Vietnam. Vietcombank was also the only company to represent the banking industry among Top 10 prestigious public companies in 2020. All of the companies honored in Top 10 prestigious companies 2020 were companies with efficient operations, solid position in the industry, making significant contributions to the overall development of the economy and the brands trusted by many people in Vietnamese market in recent years.

THE ONLY BANK TO BE HONORED AS A NATIONAL BRAND FOR 7 CONSECUTIVE TIMES

In November 2020, in Hanoi, the National Branding Council, Ministry of Industry and Tradeheld the 2020 National Branding Programme Announcement Ceremony.

The programme was held for the 7th time in 2020 from the first selection in 2008. This is a specific, long-term, and unique trading promotion programme of the Government with 3 values: “Quality – Innovation – Leadership”. Vietcombank is proud to be the only bank honored as a National Brand for 7 consecutive times.

As the only bank honored as a National Brand for 7 consecutive times, Vietcombank had recently made significant breakthroughs in its operational efficiency to become the market leader in terms of profitability, making tremendous contributions to the State budget and actively participating in the socioeconomic development.

AWARDED THE CERTIFICATE OF MERIT “EXEMPLARY ENTERPRISE FOR EMPLOYEES” BY THE PRIME MINISTER

In October 2020, Vietnam General Confederation of Labor cooperated with the Ministry of Labor, Invalids and Social Affairs and Vietnam Chamber of Commerce and Industry in holding the Award Ceremony of “Exemplary Enterprise for Employees” for the 2nd time.

The ceremony honored 50 ranked companies in 2019, in which 30 companies were awarded the Certificate of Merit by the Organizers, 8 companies were proudly awarded and the Certificate for Merit by the Prime Minister. Vietcombank was honorably awarded the Certificate of Merit “Exemplary Enterprise for Employees” by the Prime Minister for twice.

Over the years, Vietcombank has constantly been honored “Enterprise for Employees”, “Enterprise for Employees Award” and “Typical Enterprise for Employees”; honorably received the Prime Minister’s Certificate of Merit for twice.

LARGEST TAX PAYING BANK IN VIETNAM

In October 2020, the General Department of Taxation held aceremony to honor taxpayers and announced the launch of of 479-channel system providing information on the tax payment procedure via the electronic portal Etax.

In 2020, Vietcombank was proudly among the group of 30 companies withrepresentative and excellent performance in the adherence to the law on Taxation and compliance with the obligations to pay tax to the State Budget, honored by the Ministry of Finance and awarded the Certificate of Merit in the ceremony.

With outstanding business performance, Vietcombank is always the commercial bank making the most contribution to the State Budget. In the period of 2015-2019, Vietcombank had contributed to the State Budget over VND 30,700 billion, in which the total amount of tax and fee was over VND 19 trillion, total dividends paid to the State shareholders were more than VND 10,700 billion.

AMONG THE TOP 50 BEST LISTED COMPANIES IN VIETNAM BY FORBES FOR 8 CONSECUTIVE YEARS

In October 2020, Forbes Vietnam held a Ceremony to honor 50 best public companies in Vietnam in 2020. This was the 8th time since Forbes Vietnam held this list to select and honor the best companies in the stock market. Vietcombank was honored as the company that was still able to secure its position in the list of 50 best public companies by Forbes Vietnam for 8 years.

As assessed by Forbes Vietnam: In 2020, Vietcombank ranked 937th, the highest ranking ever, in the list of Global 2,000 (2,000 largest companies in the world) – the rankings were based on the revenue, profit, capitalization, and assets. There are 4 Vietnamese companies in the list with 3 banks among which Vietcombank ranked No. 1.

LEADING BANK IN TOP 50 MOST PROFITABLE COMPANIES IN VIETNAM

In October 2020, in Hanoi, the Announcement of Top 500 Most Profitable Companies in Vietnam (PROFIT500) 2020 was held by Vietnam Report JSC in collaboration of VietNamNet - Ministry of Information and Communications.

2020 was the fourth consecutive year in which the PROFIT500 rankings were announced and the first year in which the list of Top 50 best profitable companies in Vietnam (Vietnam Best Profitable) was announced. Vietcombank was honored as the leader among banks in Vietnam in Top 50 best profitable companies in Vietnam.

GREATEST BRAND VALUE IN BANKING INDUSTRY

In August 2020, Forbes Vietnam announced the list of 50 leading brands in business sectors in Vietnam in 2020. Accordingly, Vietcombank was the bank with the greatest brand value with USD 251 million and also the only bank among top 10.

There were 6 banks in this list, in which, Vietcombank had the greatest brand value and was the only bank among Top 10. According to Forbes, 10 leading brands accounted for 60% of the total value of the list by value.

LEADER IN TOP 10 MOST PRESTIGIOUS COMMERCIAL BANKS IN VIETNAM 2020

In September 2020, Top 10 prestigious companies in key industries including banking industry was announced by Vietnam Report JSC in collaboration with Vietnamnet electronic newspapers. 2020 was the third consecutive year when Vietcombank was honored as the leader in Top 10 prestigious commercial banks in Vietnam. Vietcombank was also the only company to represent the banking industry among Top 10 prestigious public companies in 2020. All of the companies honored in Top 10 prestigious companies 2020 were companies with efficient operations, solid position in the industry, making significant contributions to the overall development of the economy and the brands trusted by many people in Vietnamese market in recent years.

PRESTIGIOUS NTERNATIONAL AWARDS FOR RETAIL BANKING

In June 2020, with the distinguished performance in retail banking , Vietcombank excellently received 03 awards of “Best Retail Bank in Vietnam”, “Best Credit Card in Vietnam” for Vietcombank Visa Signature card and “Best Mobile Banking Application in Vietnam” within the framework of Retail Finance Awards 2020 by The Asian Banker.

This was the first time that a Vietnamese commercial bank was honored with three most important awards in retail banking business of The Asian Banker – one of the most prestigious assessment and ranking organization in the financial industry in Asia and the world.

Vietcombank received the award “Best Retail Bank in Vietnam” 2020 based on the exceptional business performance of its retail banking unit. The revenue from the retail banking unit also brought about VND 19,300 billion to Vietcombank, the highest revenue in retail banking achieved by a Vietnamese bank till present. In 2019, Vietcombank introduced the international Visa Signature credit card for Vietcombank Priority customers, which helps to enhance the engagement for high end customers. The Asian Banker highly appreciated the Vietcombank Visa Signature card for the impressive result in both card issuance and usage.

Since the end of 2012, Vietcombank has been the first bank in the market to provide Mobile banking service for application with the brand of VCB-Mobile B@nking – considered as a mini bank on the phone. Today, VCB-Mobile B@nking continues to be the leading reputable and favorite mobile banking application in Vietnam.

BANK WITH GREATEST GROWTH IN BRAND VALUE IN THE WORLD

In February 2020, the world-leading brand valuation consultant (Brand Finance) announced the 500 greatest banking brand ranking in the world (Brand Finance Banking 500). There were 9 Vietnamese banks named in the rankings, in which there were 5 new names compared to 2019.

According to Brand Finance, while the European region saw a decline in the rankings, there was an increase in the Asian group, mostly thanks to Vietnam. ‘The market with the greatest growth in brand value is Vietnam with the increase of 146%. In which, Vietcombank increases by 99%, reaching USD 0.8 USD, the second highest growth by percentage in the world”, announced by Brand Finance.

With the above impressive growth, the ranking of Vietcombank in the Brand Finance Banking 500 rocketed from 325th (in 2019) to 207th (in 2020).

CONTINOUSLY HONORED AS THE BANK WITH BEST WORKING ENVIRONMENT IN VIETNAM

In October 2020, the survey “100 best places to work in Vietnam 2020” was announced by Anphabe – a pioneer consultant in branding solutions and happy working environment in Vietnam and Intage - a leading market research company in Japan.

Vietcombank continued to affirm its position as the bank with the most attractive working environment when ranking No. 1 in the banking industry and No. 2 in the entire Vietnamese job market and among Top 50 Vietnamese enterprises with most attractive employer brand.

With this year’s survey result, Vietcombank remained its leading position for 5 consecutive years as the bank with the best working environment in Vietnam.

THE ONLY VIETNAMESE REPRESENTATIVE AMONG TOP 1,000 WORLD’S LARGEST PUBLIC COMPANIES BY FORBES

In May 2020, Vietcombank was named in “The World’s Largest Public Companies 2020” Rankings by Forbes with the leading position among Vietnamese companies honored in the rankings with the ranking of 937th, up 159 places compared to 2019.

According to the statistics from 2015 to present, Vietcombank’s ranking has been significantly improved 1985th to 937th, among Top 1,000 world’s largest public companies by Forbes. According to “The World’s Largest Public Companies 2020” by Forbes, Vietcombank was the only Vietnamese representative among Top 1,000 world’s largest public companies.

In 2019, Vietcombank’s profit reached VND 23,155 billion, increasing by 24% compared to 2018, considerably exceeding the 12% target set out in the plan. With the profit of approximately USD 1 billion, Vietcombank was among Top 200 world’s financial and banking groups with the highest profit. Vietcombank is currently the first bank in Vietnam to have the total assets of USD 50 billion and highest capitalization among the financial institutions listed in Vietnamese stock market. Vietcombank is currently employing over 18,000 employees with an operating network all over the country including Head Quarter in Hanoi and nearly 600 Branches and Transaction Offices nationwide.

The bank’s strategic objectives towards 2025 and visions towards 2030 are to secure the No. 1 position in Vietnam, among 100 largest banks in Asia, one of 300 largest financial and banking groups in the world, one of 1,000 global largest public companies, making considerable contributions to the development of Vietnam.

PRESTIGIOUS NTERNATIONAL AWARDS FOR RETAIL BANKING

In June 2020, with the distinguished performance in retail banking , Vietcombank excellently received 03 awards of “Best Retail Bank in Vietnam”, “Best Credit Card in Vietnam” for Vietcombank Visa Signature card and “Best Mobile Banking Application in Vietnam” within the framework of Retail Finance Awards 2020 by The Asian Banker.

This was the first time that a Vietnamese commercial bank was honored with three most important awards in retail banking business of The Asian Banker – one of the most prestigious assessment and ranking organization in the financial industry in Asia and the world.

Vietcombank received the award “Best Retail Bank in Vietnam” 2020 based on the exceptional business performance of its retail banking unit. The revenue from the retail banking unit also brought about VND 19,300 billion to Vietcombank, the highest revenue in retail banking achieved by a Vietnamese bank till present. In 2019, Vietcombank introduced the international Visa Signature credit card for Vietcombank Priority customers, which helps to enhance the engagement for high end customers. The Asian Banker highly appreciated the Vietcombank Visa Signature card for the impressive result in both card issuance and usage.

Since the end of 2012, Vietcombank has been the first bank in the market to provide Mobile banking service for application with the brand of VCB-Mobile B@nking – considered as a mini bank on the phone. Today, VCB-Mobile B@nking continues to be the leading reputable and favorite mobile banking application in Vietnam.