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Vietnam's top 5 banks by registered capital (as of March 2023, USD/VND exchange rate = 23,590 VND) VietinBank $1.56 billion (32,661 billion VND) Agribank $1.39 billion (29,154 billion VND) Vietcombank $1.10 billion (23,174 billion VND) BIDV $1.10 billion (23,011 billion VND) Eximbank $0.59 billion (12,355 billion VND)
In 2018, Vietcombank became the first bank to be officially granted the decision to apply Basel II under Circular 41 by the State Bank of Vietnam. [16] [17] [18] In 2019, Vietcombank became the first Vietnamese bank to have profit reaching the milestone of 1 billion USD.
Chi nhánh Ngân hàng TNHH MTV Hong Leong Bank tại Việt Nam Hong Leong Bank Vietnam Malaysia Centec Tower, 72-74 Nguyen Thi Minh Khai, District 3, HCMC Ngân hàng TNHH MTV UOB Việt Nam UOB Vietnam Singapore Sofitel Building, 71 Le Duan, District 1, HCMC Ngân hàng TNHH MTV Citibank Vietnam Citibank Vietnam United States
[37] 17 August 2010, The SBV further devalued the VND by 2.04% to 18,932 VND/USD, an increase of 388 dong from the previous rate. [ 37 ] [ 38 ] On 11 February 2011, the State Bank of Vietnam (SBV) announced a decision to increase the interbank exchange rate between USD and VND from 18,932 VND to 20,693 VND (a 9.3% increase).
Though Vietnam is a relative newcomer to the oil industry, it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of 318,000 barrels per day (50,600 m 3 /d). [1] In 2010, Vietnam was ranked as the 8th largest crude petroleum producers in the Asia and Pacific region. [ 2 ]
The State Bank of Vietnam (SBV; Vietnamese: Ngân hàng Nhà nước Việt Nam) is the central bank of Vietnam. Organized as a ministry-level body under the Government of Vietnam, it is the sole issuer of the national currency, the Vietnamese đồng. [3] As of 2024 it holds over USD 100 million in foreign exchange reserves. [2]
The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietnamese: Ngân hàng Thương mại Cổ phần Công thương Việt Nam), trading as Vietinbank, is a state-owned Vietnamese bank. As of 2023, it is Vietnam's second-largest bank, with VND 1,800 trillion (around $76 billion) of assets under management .
Eximbank (Vietnamese: Ngân hàng thương mại cổ phần Xuất Nhập khẩu Việt Nam) [1] [2] was established on May 24, 1989, and is one of the first joint-stock commercial banks in Vietnam. [ 3 ] [ 4 ] Eximbank officially started operating on January 17, 1990.