The Bank for Investment and Development of Vietnam (BIDV) has made its way into Global 2000, a list of the world’s largest and most powerful enterprises selected by US business magazine Forbes.
Hanoi (VNA) - The Bank for Investment and Development of Vietnam (BIDV) has made its way into Global 2000, a list of the world’s largest and most powerful enterprises selected by U🌌S business magazine Forbes.
In the past few years, the bank has received a array of prestigious awards from both domestic and international organisations for their stellar performances.
Along with the successful merger with Mekong Housing Bank (MHB), BIDV fulfilled its business target in 2015, according to BIDV General Director Phan Duc Tu.
By the end of December 31, BIDV’s assets totaled 857 trillion VND (38.2 billion USD), increasing 25 percent from 2014’s figure. The bank’s charter capital stood at over 34 trillion VND (1.5 billion USD) while profit before tax was estimated at over 7 trillion VND (312.3 million USD), rising 16 percent from the previous year.
BIDV has been evaluated by Moody’s and Standard and Poor (S&P) credit rating agencies, as a bank with sustainable prospects, and is among the Vietnamese financial institutions recieving the highest credit rating from the agencies.-VNA
The Bank for Investment and Development of Vietnam (BIDV) on August 24 signed a pact with Kyoto Bank on serving its Japanese business clients operating in Vietnam.
The Bank for Investment and Development of Vietnam (BIDV) has been named as the best provider of foreign exchange services in Vietnam by Asiamoney magazine.
The BIDV has recently put into operation its representative office in Taiwan (China), a step that will enable its access to the international monetary market.
The Bank for Investment and Development of Vietnam (BIDV) has been allowed by the State Bank of Vietnam (SBV) to open a representative office in Moscow, Russia.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Transactions at BIDV (Photo: BIDV)
