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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)
KBank Vietnam Thailand Sunwah Tower, 115 Nguyen Hue, District 1, HCMC Chi nhánh Ngân hàng Đại chúng TNHH Bangkok Bank tại Việt Nam Bangkok Bank Vietnam Thailand Harbour View Tower, 35 Nguyen Hue, District 1, HCMC Chi nhánh Ngân hàng Deutsche Bank tại Việt Nam Deutsche Bank AG Vietnam Branch Germany
Vietcombank's headquarters are located in Hanoi, Vietnam. As of 31 December 2020 [1] the bank had 116 branches and 474 transaction offices in Vietnam, 3 local subsidiaries, 3 overseas subsidiaries, 3 joint ventures, and an overseas representative office in Singapore.
[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).
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. [5] [6] [7]
In 2009, following regions whose currency has been selected into calculation of VND Index are: United States, China, Japan, Europe, Singapore, Taiwan, and South Korea.Those seven regions are chosen, whose currencies selected into the index, based on the value of their export and import to Vietnam:
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 .