VPBank's board of directors approved the decision on 9/7. Ms. Pham Thi Nhung joined VPBank in 2016 and has been a senior leader dedicated to the bank's development. In 2021, she was appointed deputy general director, before assuming a board member role in 4/2024.

Ms. Pham Thi Nhung has been appointed vice chairman of VPBank's board of directors. Photo: VPBank.

Effective 25/4/2025, she ceased her concurrent position as permanent deputy general director of VPBank to become chairman of the members' council of Prosperity New Age Commercial One Member Limited Liability Bank (GPBank). According to VPBank, this appointment completes its governance structure and prepares for the bank's new development phase.

For its 2026-2030 strategy, VPBank aims to expand operations while maintaining high growth on a sustainable development foundation. The strategy focuses on harmonizing "rapid growth" with "quality improvement", expanding business scale, strengthening risk management capabilities, optimizing operational efficiency, and enhancing long-term competitiveness.

The bank stated it will continue implementing a group-level governance model, leveraging the ecosystem strength between the bank and its member companies to optimize resources and improve operational efficiency. VPBank also plans to expand partnerships and develop a financial services ecosystem that simplifies customer experience and increases artificial intelligence (AI) application for product and service personalization.

At the end of Q1/2026, VPBank reported a consolidated pre-tax profit of over 7,900 billion VND, a 58% increase year-over-year. Total consolidated assets surpassed 1,37 trillion VND, growing 9%. Meanwhile, consolidated credit outstanding rose 10,2%, and customer deposits and valuable paper issuance increased 11,8%.

(Source: VPBank)