This directive was issued at Vietcombank's fifth Party Congress for the 2025-2030 term, held on 2/8 at the main hall of the Vietcombank Training and Human Resource Development School (Phung Cong commune, Hung Yen province).

Mr. Nguyen Thanh Tung, chairman of Vietcombank's Board of Directors, delivers the opening speech. Photo: Vietcombank

Mr. Nguyen Thanh Tung, chairman of Vietcombank's Board of Directors, delivers the opening speech. Photo: Vietcombank

In his opening remarks, Mr. Nguyen Thanh Tung, chairman of Vietcombank's Board of Directors, stated that the bank comprehensively achieved all targets for the 2020-2025 term, maintaining its leading position in the system in terms of profit, total assets, and operational efficiency. The Party Committee was also assessed as having successfully completed its organizational work.

At the event, deputy prime minister Nguyen Chi Dung emphasized Vietcombank's top performance indicators within the banking system. Notably, its charter capital reached over 83,500 billion VND; its equity surpassed 211,000 billion VND, 2.3 times higher than in 2020. The non-performing loan coverage ratio stood at 213%.

Total assets reached approximately 2.2 trillion VND, outstanding loans reached nearly 1.6 trillion VND, and the capital adequacy ratio was 11.8%, far exceeding the minimum regulatory requirement. The bank contributed approximately 62,100 billion VND to the state budget during the past term. Consequently, Vietcombank holds the highest brand value among Vietnamese banks and ranks 133rd globally.

Concurrently, the Party's development work achieved and exceeded all four targets set for the term. The bank also fulfilled its social responsibilities through various social welfare activities nationwide.

Deputy prime minister Nguyen Chi Dung assesses the bank's role. Photo: Vietcombank

Deputy prime minister Nguyen Chi Dung assesses the bank's role. Photo: Vietcombank

Acknowledging these achievements, deputy prime minister Nguyen Chi Dung recognized Vietcombank's contributions and urged the bank to continue innovating, spearheading digital transformation, ensuring system safety, and pioneering new areas such as green finance, ESG, and digital banking. He emphasized, "Vietcombank's success is not only the success of a bank but also an increase in national assets and prestige".

The deputy prime minister also expressed confidence in Vietcombank's continued growth, envisioning it among the world's top 200 financial groups and 700 largest listed companies.

The congress elected a new 29-member Executive Committee, with Mr. Nguyen Thanh Tung re-elected as Party Secretary. The delegation to the Government's Party Congress consists of 11 members (9 official, 2 alternate).

For the 2025-2030 term, Vietcombank has established six strategic objectives: building a strong and transparent Party organization; maintaining its leading position in Vietnam and expanding regionally; promoting comprehensive digital transformation with a customer-centric approach. These are accompanied by objectives to restructure towards streamlining, expanding international cooperation; pioneering green credit and sustainable development; and preparing for international integration under standards like IFRS and Basel III, aiming for global listing.

Guests and delegates attend the congress. Photo: Vietcombank

Guests and delegates attend the congress. Photo: Vietcombank

Vietcombank currently employs nearly 24,000 staff, with the goal of becoming one of the world's 200 largest financial groups and 700 largest listed companies.

The Dan