List of Banks in Vietnam and Their Types

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Vietnam has a vibrant banking system with numerous institutions catering to various needs. There are over 150 banks operating in the country.

Commercial banks are the most common type in Vietnam, with many large banks like Vietcombank and BIDV offering a wide range of services. These banks have a significant presence in the country.

Some notable commercial banks in Vietnam include Techcombank, ACB, and VPBank, which are known for their innovative products and services.

State-Owned Banks

State-Owned Banks are a significant part of Vietnam's banking system. They are owned and operated by the government, and play a crucial role in the country's economic development.

One of the largest state-owned banks in Vietnam is Agribank, which has a charter capital of 40,963 VNDbil. and is headquartered in Hanoi.

Agribank is not the only state-owned bank in Vietnam, however. There are several others, including the Vietnam Construction Bank LLC, which has a charter capital of 3,000 VNDbil. and is headquartered in Long An.

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Here is a list of some of the state-owned banks in Vietnam:

These banks are also listed as state-owned banks in Vietnam, alongside Agribank, Vietnam Construction Bank LLC, and Ocean Bank LLC.

Foreign Banks

Foreign banks have a significant presence in Vietnam, with many international banking groups operating in the country. ANZ was one of the first foreign banks to establish a presence in Vietnam since 1993.

Some notable foreign banks in Vietnam include HSBC, Standard Chartered, and UOB. HSBC Vietnam was established in Ho Chi Minh City in 1870, and its first full-service branch was opened in 1955. Today, the bank's network in Vietnam includes two branches and five transaction offices.

CIMB Bank Vietnam, on the other hand, was established with a capital of approximately $144 million and is headquartered in Hanoi. CIMB Vietnam provides a wide range of banking products and services to individual, corporate, and conglomerate customers.

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Standard Chartered Vietnam has a long history in Vietnam, dating back to 1904 when it opened its first branch in Saigon. The bank currently has over 1,400 employees in Vietnam and offers a full range of banking products and services to corporations, financial institutions, and individuals.

Here is a list of some of the foreign banks in Vietnam:

  • ANZ Vietnam
  • Bank of China
  • Bank of India
  • BNP Paribas
  • CIMB Bank Vietnam
  • Citibank Vietnam
  • Deutsche Bank
  • Hong Leong Bank
  • HSBC Vietnam
  • KEB Hana Bank
  • Mizuho Bank
  • Natixis
  • Public Bank Vietnam
  • Scotiabank
  • Shinhan Bank
  • Standard Chartered Vietnam
  • The Bank of Tokyo-Mitsubishi UFJ
  • UOB Vietnam
  • Woori Bank

These foreign banks offer a range of services, including cash management, trade, and foreign exchange, making it easier for businesses to operate in Vietnam. UOB Vietnam, for example, provides a wide range of personal and corporate financial services to both Vietnamese and international clients.

Private Banks

Vietnam has a thriving private banking sector, with many reputable banks operating in the country.

An Binh Commercial Joint Stock Bank, Asia Commercial Bank (ACB), and Bac A Commercial Joint Stock Bank (Bac A Bank) are just a few examples of the many private banks in Vietnam.

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These private banks offer a wide range of financial services to individuals and businesses, from personal banking to corporate finance.

Many of these banks have a strong presence in major cities like Hanoi and Ho Chi Minh City, with a network of branches and ATMs across the country.

Some of the notable private banks in Vietnam include Maritime Commercial Joint Stock Bank (Maritime Bank), Mekong Commercial Bank, and Military Commercial Joint Stock Bank (MB Bank).

Shinhan

Shinhan is a significant player in the banking industry, with a major subsidiary in Vietnam. It was established in 1993 and has its headquarters in Ho Chi Minh City, Vietnam.

Shinhan has a large presence with total assets of 176.9 trillion KRW. This is a substantial amount that reflects the bank's growth and stability.

The bank has a significant workforce with 10,741 employees. This is a testament to its commitment to providing excellent services to its customers.

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Shinhan has a wide reach with 1,026 branches established as of 2006. This makes it a convenient option for customers to access banking services.

For customers looking for assistance, Shinhan provides the following contact numbers: 1900 1577 for standard customers, 18005 99926 for PWM customers, and 028 3866 8830 for international support.

You can also reach out to Shinhan through various channels, including email at [email protected] and website at https://shinhan.com.vn/en.

Woori

Woori Bank is a multinational bank based in Seoul, South Korea, and it's one of the four largest domestic banks in the country.

It has a strong presence in commercial banking and corporate finance in South Korea, and it's known for being the first bank in Korea to support web browsers other than Internet Explorer for online banking.

Woori Bank opened its branch in Hanoi, Vietnam, in September 1997, and it has another branch in Ho Chi Minh City that was opened in February 2006.

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You can find the head office of Woori Bank Vietnam at the 24th Floor of the Keangnam Landmark 72 Building in Hanoi.

Here are the addresses of Woori Bank Vietnam's branches:

  • Head Office: 24th Floor, Keangnam Landmark 72 Building, E6 Pham Hung Street, Tu Liem District, Hanoi
  • Ho Chi Minh City: Ground Floor, G1 Room and 8.8th Floor, Etown 1 Building, 364 Cong Hoa Street, Ward 13, Tan Binh District

If you need to contact Woori Bank Vietnam, you can call them at 1800 6003 or email them at [email protected].

Hong Leong

Hong Leong is a regional financial services company with a presence in several countries, including Vietnam. It is headquartered in Malaysia and listed on Bursa Malaysia Berhad.

Hong Leong Berhad has a significant branch network, with 232 branches across its geographic regions. This extensive network includes a branch in Labuan Offshore, Singapore, and Hong Kong, as well as two branches in Vietnam and seven branches in Cambodia.

You can find Hong Leong Vietnam's headquarters at 1st Floor, Centec Tower, 72-74 Nguyễn Thị Minh Khai, District 3, Ho Chi Minh City, with a phone number of 028 6299 8100. They also have a branch at Ground Floor, Centec Tower, with the same phone number, and another branch at Ground Floor, Pacific Place Building, 83B Lý Thường Kiệt, Hoàn Kiếm, Hanoi, with a phone number of 024 6271 0300.

Contact Hong Leong Vietnam through their phone number 19006 33068 or email [email protected]. You can also visit their website at https://www.hlbank.com.vn or check out their fanpage on Facebook at www.facebook.com/HLBVietnam.

Private Stock

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Private stock banks in Vietnam are a significant part of the country's banking sector. One such bank is Orient Commercial Joint Stock Bank, which has been in operation since 1996 and is headquartered in Ho Chi Minh City.

Orient Commercial Joint Stock Bank has a network of approximately 90 branches in 20 provinces and cities in Vietnam. These branches offer a range of services including demand, term and non-term savings, and smart account deposits.

The bank also provides lending services, including house and apartment, personal installment, auto, home, business, and education loans; unsecured loans for staff; and trade finance. Additionally, it offers domestic remittance, inward remittance from overseas to Vietnam, and international outward remittance services.

Orient Commercial Joint Stock Bank has a strategic partnership with BNP Paribas and a cooperation agreement with Liberty Insurance. Its robust digital banking platform enhances customer convenience through online and mobile banking.

Vietcombank, another prominent private stock bank, offers comprehensive financial solutions, including corporate banking, retail banking, and international trade services. It is renowned for its digital banking platform and offers attractive remuneration and benefits to its employees.

Indovina

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Indovina Bank is the first joint venture bank in Vietnam, established in 1990.

Its head office is located in Ho Chi Minh City, and it has a significant presence throughout the country with over 9 branches and 23 transaction offices and counters.

Indovina Bank has become a key financial link for foreign companies investing and doing business in Vietnam.

It actively participates in the country's economic development by providing credit facilities to both state-owned and private enterprises involved in trading and manufacturing activities.

The bank's official website is www.indovinabank.com.vn, and its address is No 46-48-50 Pham Hong Thai Street, District 1, Ho Chi Minh City, Vietnam.

Techcom

Techcom, a prominent name in Vietnam's banking sector, offers a wide range of services catering to both personal and business banking needs. With its extensive network of 315 transaction offices and over 1,300 ATMs, Techcombank is easily accessible to its customers.

The bank provides various account options, consumer loans, and digital banking through Techcombank Mobile. Its business banking services include tailored financial solutions for enterprises. Techcombank also supports investors with dedicated services and offers career opportunities for job seekers.

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Techcombank Tower, located at 70-72 Ba Trieu Street in Hanoi, serves as the bank's headquarters. This address is a hub for all things Techcombank, where customers can find comprehensive support and tools to ensure a seamless banking experience.

The bank's official website, www.techcombank.com.vn, features a wealth of information and resources for customers. Whether you're looking for personal or corporate banking services, Techcombank has got you covered.

Here are some key services offered by Techcombank:

  • Savings, payment, and payroll accounts
  • Real estate, auto, personal installment, and household business loans
  • Online loans against saving accounts
  • Debit and credit cards
  • International money transfers
  • Bancassurance products
  • e-banking services

Stock Market

Vietcombank, a major player in Vietnam's banking sector, provides comprehensive financial solutions through its corporate banking, retail banking, and international trade services. Its robust digital banking platform enhances customer convenience through online and mobile banking.

The bank's attractive remuneration and benefits foster a positive working environment, making it a top employer in Vietnam's banking industry. Vietcombank's clear training path and high average income set it apart from other banks in the country.

Stock

Orient Commercial Joint Stock Bank, also known as OCB, has a strategic partnership with BNP Paribas and a cooperation agreement with Liberty Insurance.

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OCB operates a network of approximately 90 branches in 20 provinces and cities in Vietnam, making it a significant player in the country's banking sector.

Vietcombank, one of Vietnam's major banks, is renowned for its robust digital banking platform, which enhances customer convenience through online and mobile banking.

Techcombank offers a wide array of services catering to both personal and business banking needs, including digital banking through Techcombank Mobile.

BIDV provides securities trading, financial derivatives, and foreign exchange services, making it a one-stop-shop for customers looking for diverse investment opportunities.

Vietcombank offers attractive remuneration and benefits to its employees, fostering a positive working environment and making it a top employer in Vietnam's banking industry.

OCB provides domestic remittance, inward remittance from overseas to Vietnam, and international outward remittance services, catering to the needs of customers with international transactions.

Techcombank supports investors with dedicated services, making it an ideal choice for those looking to invest in the Vietnamese market.

BIDV offers modern banking products, including current and term deposits, to its customers, making it a reliable choice for those looking for a comprehensive banking experience.

Vietcombank provides corporate banking, retail banking, and international trade services, making it a major player in Vietnam's banking sector.

Vietcombank offers a clear training path and high average income, making it a top employer in Vietnam's banking industry, alongside BIDV.

Saigon Thuong Tin Stock

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Sacombank offers a wide range of personal banking services tailored to individual needs.

One of these services is the Current Account, which is a great option for everyday banking.

The bank also provides various loan products, including business, home, vehicle, consumer, and international education loans.

Sacombank's digital banking features are quite impressive, with options like Sacombank Pay, Internet Banking, and Smart Teller Machines.

Customers can benefit from promotional offers, such as bonus interest for online savings and special loan interest rates.

Frequently Asked Questions

Which bank is the best in Vietnam?

Vietcombank is the top bank in Vietnam, holding the most effective position in the country. It's also the only Vietnamese bank among the world's 200 largest profit-making banks.

Are there US banks in Vietnam?

Yes, several US banks have a presence in Vietnam, including Citibank, Far East National Bank, and Wells Fargo. These banks offer various services to customers in Vietnam.

What are the Big 4 banks in Vietnam?

The Big 4 banks in Vietnam are BIDV, Vietcombank, VietinBank, and Agribank, which are the country's largest and most influential financial institutions. These banks have announced preliminary positive business results for 2024.

Mike Kiehn

Senior Writer

Mike Kiehn is a seasoned writer with a passion for creating informative and engaging content. With a keen interest in the financial sector, Mike has established himself as a knowledgeable authority on Real Estate Investment Trusts (REITs), particularly in the UK market. Mike's expertise extends to providing in-depth analysis and insights on REITs, helping readers make informed decisions in the world of real estate investment.

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