HDBank Honored with "Vietnam Value" Title

3:18:11 PM | 11/12/2024

At a ceremony, themed “Advancing into the Green Era”, to announce products and services certified with Vietnam Value 2024 in Hanoi, HDBank was honored to be granted “Vietnam Value” title. Some other banks also won this title, including Vietcombank, VietinBank, BIDV and Agribank.


HDBank General Director Pham Quoc Thanh receives the "Vietnam Value" award in recognition of the bank's contributions to the financial market and the economic development of Vietnam

These pioneering banks are leading the financial market and making great contributions to economic development while promoting Vietnam's image in the international arena with prestigious and quality brands.

Vietnam Value, a prestigious trade promotion program led by the Government, is an important bridge for the world to know Vietnam as a reliable destination for high-quality products and services. The naming of leading banks such as Vietcombank, VietinBank, BIDV, Agribank and HDBank as Vietnam Value is not only a recognition of their prestige in the financial system but also an affirmation of their international reach, thus enhancing the appeal of Vietnam as an investment attraction for domestic and foreign investors.

A representative of the organizing committee emphasized: "The presence of joint stock commercial banks such as HDBank in the Vietnam Value list demonstrates the recognition of the continuous efforts and the proven leadership in modern retail development, strong financial capacity and sustainable development.”

In 2024, HDBank continued pursuing a green and sustainable development strategy and constantly integrating digital technology to serve retail customers and small businesses in developing rural and urban areas. The bank made a remarkable business performance in the first nine months, with a pretax profit of VND12,655 billion, industry-leading ROE and ROA indicators, which illustrated sustainable financial strength and effective risk management capacity. The bank also pioneered the establishment of an ESG Committee to monitor the implementation of sustainability initiatives and issued a sustainability report to raise awareness of ESG in the Vietnamese business community.

Along with its business achievements, HDBank has actively contributed to social programs, notably through a preferential credit package of VND12 trillion to support economic recovery in storm-hit areas. Additionally, the bank made a generous donation of VND80 billion to the makeshift housing elimination program initiated by the Prime Minister.

In the 9th year of the Vietnam Value Program, after undergoing a rigorous screening process, winners were chosen from more than 1,000 domestic candidate companies. Vietnam Value, a national brand, is not only a symbol of quality and reputation but also an important tool to bring the image of Vietnamese brands to the outer world. This recognition marks a new step in the journey to raise the value of the national brand and connect with the world to introduce Vietnam as a prosperous country with products and services that meet international standards.

By Le Phuong, Vietnam Business Forum