Vietcombank: The Trusted Financial Partner of Choice for Foreign Investors in Vietnam

For more than 60 years, Vietnam’s journey of economic integration has gone hand in hand with the evolution of its most internationally oriented bank. Today, as foreign direct investment (FDI) continues to be a cornerstone of Vietnam’s growth story, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) stands firmly at the forefront—setting the standard for how banks partner with foreign investors throughout the full investment journey.

Consistently recognized by global institutions as Vietnam’s leading bank, Vietcombank has earned a distinguished reputation as the trusted financial gateway for international businesses entering and expanding in Vietnam.

A Legacy Built on International Finance Excellence

Established in 1963, Vietcombank began its journey as a specialized bank supporting Vietnam’s external economic activities. This international DNA continues to define the bank today. Over time, Vietcombank has transformed into a full-service, multi -functional financial institution, offering comprehensive solutions across corporate banking, investment financing, foreign exchange, international trade, digital banking, and capital markets.

With approximately USD 80 billion in total assets, pre-tax profit exceeding USD 1.5 billion, and a market capitalization of around USD 20 billion, Vietcombank ranks among the largest commercial banks in Vietnam and is listed in the top 100 publicly traded banks worldwide by market capitalization. Its financial strength is reinforced by top-tier credit ratings from Moody’s, Fitch Ratings, and S&P-the highest awarded to any Vietnamese commercial bank.

Vietcombank’s extensive network—comprising over 600 branches and transaction offices, subsidiaries, and representative offices in key global markets (including a subsidary in Hong Kong, a representative office and a remittance  company in the United States, a subsidiary in Laos, and a representative office in Singapore), together with 1,194 correspondent banks across 87 countries and territories—enables seamless cross-border connectivity for multinational clients.

FDI at the Core of Vietcombank’s Strategy

At Vietcombank, foreign direct investment is viewed not merely as a customer segment, but as a strategic driver of national development.

In a pioneering move within Vietnam’s banking system, Vietcombank established a dedicated FDI Customer Department at the Head Office level, recognizing FDI enterprises as a distinct priority segment with specialized needs. This structure allows the bank to deliver tailored solutions covering regulatory navigation, capital structuring, cross-border cash management, and profit repatriation.

Today, Vietcombank is the largest bank serving wholesale FDI clients in Vietnam, holding market-leading positions in capital mobilization, credit outstanding, trade finance, and foreign exchange services for foreign-invested enterprises.

Accompanying Investors Throughout the Entire Investment Lifecycle

What truly sets Vietcombank apart is its role not just as a financial services provider, but as a long-term strategic partner throughout an investor’s full lifecycle in Vietnam.

- Market Entry: Supporting investors from the outset through guidance on investment procedures, connections with local authorities, and facilitation of partnerships or project transfers.

- Project Implementation & Operations: Delivering comprehensive financial solutions spanning financing, payments, guarantees, foreign exchange, trade finance, and advanced cash management, while extending services across clients’ supply chains and business ecosystems.

- Investment Maturity & Exit: Providing advisory support on capital repatriation, tax obligations, and regulatory compliance to ensure smooth and efficient completion of the investment cycle.

This end-to-end approach has positioned Vietcombank as a preferred banking partner for many of Vietnam’s most significant FDI projects.

Proven Capability in Landmark FDI Projects

Vietcombank’s expertise is evidenced by its involvement in numerous large-scale, complex FDI transactions valued at billions of U.S. dollars.

Notable examples include acting as the sole onshore foreign- exchange converting bank and asset manager for the USD 9.2 billion Nghi Son Refinery and Petrochemical Project, executing a historic USD 5 billion foreign-currency conversion transaction for the SABECO ownership transfer, and delivering comprehensive financial services for Foxconn’s USD 2.4 billion investment in Vietnam.

Vietcombank also plays a critical role in financing and supporting FDI projects across real estate, energy, infrastructure, manufacturing, FMCG, logistics, and retail—working closely with global names such as Samsung, Heineken, Honda, Toyota, Unilever, and CapitaLand.

In 2025 alone, Vietcombank recorded:

• USD 9.4 billion in capital mobilization from FDI clients

• USD 6.7 billion in credit outstanding

• USD 88.2 billion in international payments and trade finance turnover

• USD 40.2 billion in foreign exchange trading volume

These figures underscore the bank’s unmatched scale and capability in serving foreign investors.

Innovation and Digital Leadership for Cross - Border Banking

Understanding that global investors demand speed, transparency, and efficiency, Vietcombank has made digital transformation a strategic priority.

Key innovations include fully digitalized online lending, enabling faster loan disbursement and streamlined processes; online foreign exchange trading with real-time negotiated rates; host - to - host and API-based cash management solutions; virtual accounts; and automated receivables reconciliation.

Vietcombank has also developed sector-specific financial ecosystems, integrating data analytics, POS data, ERP systems, and cash flow management to deliver end-to-end financial solutions for FDI enterprises in retail, logistics, manufacturing, and consumer goods.

Looking ahead, the bank is actively applying artificial intelligence to FDI customer portfolio management—using machine-learning to anticipate client needs, optimize risk assessment, and deliver highly personalized financial solutions.

A Long-Term Vision Anchored in Trust and Sustainability

Strong governance, prudent risk management, and a commitment to sustainability underpin Vietcombank’s leadership position. The bank consistently maintains an NPL ratio below 1%, leads the market in international payments and foreign exchange, and remains the most valuable listed bank in Vietnam.

As part of its long-term vision, Vietcombank continues to prioritize FDI enterprises as a strategic customer segment, while promoting green finance, ESG-aligned lending, Basel III compliance, and responsible growth.

By combining financial strength, international expertise, cutting-edge technology, and deep local knowledge, Vietcombank is not just supporting foreign investors in Vietnam—it is shaping the future of cross-border banking in one of Asia’s most dynamic economies.

Source: Vietnam Business Forum