According to VIB, when an individual simultaneously operates a business, invests in assets, and pursues personal goals, financial management extends beyond the scale of income. More importantly, it involves segmenting cash flow, maintaining liquidity, and selecting appropriate tools for each objective.

Recognizing this need, VIB Privilege Banking was developed for priority customers who require managing multiple income sources and financial plans on a single platform. This model combines personalized advice, asset tracking tools, and liquidity support products, empowering customers to proactively allocate short, medium, and long-term capital.

Architect Pham Minh An exemplifies such a customer. An simultaneously manages the Chi Pilates studio chain, operates an Airbnb business, and works as a coach for Nike ACFC Vietnam. These three roles generate varying income and expenditure cycles, capital requirements, and risk levels, necessitating a sufficiently flexible system for comprehensive management.

Architect Pham Minh An. Photo: Provided

An views his financial portfolio as an ecosystem, where each income stream serves a distinct function. Cash flow from Chi Pilates is retained to cover rent, personnel, equipment, and reinvestment into business operations. Income from Airbnb is more stable and typically used as a contingency fund or for gradual repayment of initial real estate investment costs. Meanwhile, earnings from his coaching role are dedicated to education, skill development, and personal needs.

This allocation strategy helps the architect separate business finances from personal expenditures, while also limiting one income source from having to meet too many objectives. According to An, the ability to maintain liquidity should be prioritized over profit expectations, especially when operating multiple activities concurrently.

When considering opening an additional Chi Pilates facility, An calculates not only construction costs but also the ability to sustain operations for at least 6 initial months. The period before a new facility reaches full capacity often incurs significant expenses for personnel, marketing, and operations. Consequently, An once postponed expansion plans, despite having sufficient initial investment capital, to avoid cash flow pressure during market integration.

His experience serving high-end clients also influences the architect's choice of financial partners. According to An, the value of a service lies not only in the product but also in the ability to understand needs, process requests quickly, and provide solutions tailored to specific circumstances.

Customers using VIB Privilege Banking. Photo: VIB

Based on these requirements, An chose VIB Privilege Banking to monitor and organize his financial goals within a single system. A priority customer relationship manager assists him with discussions on capital utilization needs, liquidity capacity, and asset allocation plans for each stage.

On the MyVIB application, the personalized financial space Ownrora offers a holistic view of asset categories and cash flow. This tool helps An track short, medium, and long-term goals without having to manually consolidate data from various separate sources.

In addition to management solutions, An utilizes several products to maintain profitability for funds not immediately needed. The Super Yield Account supports daily yield calculation for pending payments. For more flexible accumulation needs, iDepo and Hi-Depo offer transfer options when capital requirements arise, thereby helping to balance yield and liquidity.

For business trips and studying business models abroad, the Signature card provides benefits such as airport lounge access and preferential foreign exchange transaction fees. According to An, these supports simplify travel and reduce incidental costs during a busy schedule.

Organizing multiple income streams according to specific objectives also enables An to be more proactive in major decisions, from upgrading photography equipment to evaluating real estate investment opportunities. Instead of having to adjust an entire plan each time a new need arises, the architect can use appropriate capital without affecting ongoing business operations.

In the three to 5 years from now, An plans to dedicate more time to photography and in-depth trips. To achieve this plan, the architect requires a financial system capable of maintaining liquidity, supporting asset allocation, and reducing daily monitoring time.

According to a VIB representative, Pham Minh An's story illustrates that the financial management needs of priority customers increasingly extend beyond simple savings or isolated investments. With VIB Privilege Banking, the combination of advice, management tools, and flexible products helps customers monitor multiple income streams and coordinate finances according to specific goals.

Hoang Dan

Discover VIB Privilege Banking and experience a personalized financial ecosystem tailored for you here.

The first VIB Privilege Banking customers receive a gift set of 100% handcrafted water-printed silk scarves. Each piece is a unique moment, combined with a scarf ring studded with Swarovski crystals imported from Austria, adhering to the philosophy: each customer is a distinct journey, a unique version.

For the first customers at the Premier tier, VIB offers a limited edition gold-plated metal Signature card, designed as a statement of prestige and distinction.

The exclusive and rare experience continues through the "Cham anh cuc quang" (Touching the Aurora) program. VIB priority customers will have the opportunity to win one of 9 aurora hunting trips to Northern Europe, valued at 400 million dong per trip.