Business

Outstanding Vietnamese banks in 2020 honoured

A ceremony for the Vietnam Outstanding Banking Awards 2020 was held by the Vietnam Banks Association and International Data Group Vietnam (IDG Vietnam) on November 26 in Ho Chi Minh City.
Outstanding Vietnamese banks in 2020 honoured ảnh 1At the awarding ceremony (Photo: VNA)

HCM City (VNA) – A ceremony for the Vietnam Outstanding Banking Awards 2020 washeld by the Vietnam Banks Association and International Data Group Vietnam (IDGVietnam) on November 26 in Ho Chi Minh City.

Held annually since 2012, the awards aim to recognise and honour banks withexcellent performance and significant contributions to the development ofthe banking sector and the financial sector in general.

According to Nguyen Toan Thang, GeneralSecretary of the Vietnam Banks Association and Chairman of the voting council,this is the first time the awards for banks with best performance in digitaltransformation application was designed, aiming to honour banks with manyimpressive digitalisation solutions suitable with the banking sector’sdevelopment.

The top five Vietnamese banks presented with the outstandingdigital banking transformation bank award in 2020 were the Bank for Investment and Development of Vietnam(BIDV), Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank),Tien Phong Commercial Joint Stock Bank (TPBank), Joint Stock Commercial Bankfor Foreign Trade of Vietnam (Vietcombank) and Vietnam Prosperity Joint StockCommercial Bank (VPBank).

BIDV, Sacombank and the Vietnam JointStock Commercial Bank for Industry and Trade (VietinBank)were the winners of the Outstanding RetailBanking Award.

Vietinbank, TPBank, Viet Capital Bank, Bao VietJoint Stock Commercial Bank (BAOVIET Bank) and Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank) were honoured for theiroutstanding innovative banking products and services.

The Outstanding Bank for Green Credit Awardwas presented to Military Bank (MB), NamA Commercial Joint Stock Bank (Nam A Bank) and Saigon - Hanoi Commercial JointStock Bank (SHB).

Maritime Commercial Joint Stock Bank (MSB), MB andSHB were honoured for the providing credit packages and support policies for businessesfacing difficulties due to the COVID-19 pandemic.

The Vietnam Bankfor Agriculture and Rural Development (Agribank) and AsiaCommercial Joint Stock Bank (ACB), Bac ACommercial Joint Stock Bank (Bac A Bank), Kien Long Commercial Joint StockBank (Kienlongbank) and Southeast Asia Commercial JointStock Bank(SeAbank) received theOutstanding Bank for Community Award thanks to their charitable activities andpoverty reduction efforts.

Agribank maintained the winner of the outstanding bank award for investing in high-techagriculture.

Meanwhile, Moca Technology and Services Corporation (MOCA), M-Service OnlineMobile Service Joint Stock Company (MOMO) and Smartnet Trading Service Co., Ltd(Smartnet) and Trusting Social Co., Ltd (Trust Social) were named ExcellentFintech Firms./.
#ietnam Outstanding Banking Awards #financial sector #banking sector #digitalisation solutions #digital banking transformation #Vietnamplus #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

HCM City: Innovation space opens

HCM City: Innovation space opens

The People’s Committee of Ho Chi Minh City in cooperation with the Viettel Military Industry and Telecoms Group opened a space for innovation and experience sharing in digital transformation on October 12.
State Audit Office strengthens technological adoption

State Audit Office strengthens technological adoption

The initial results of the application of technology in audit activities not only improved audit efficiency but also set further requirements for innovation in auditing in the digital era. To make technology more widespread in the field, the State Audit Office of Vietnam (SAV) must continue to study the matter and act accordingly.

See more

Hai Phong targets 4.3 billion USD in FDI in 2026 (Photo: VNA)

Hai Phong city targets 4.3 billion USD in FDI in 2026

Hai Phong’s investment appeal is underpinned by a rapidly expanding development space, including the Southern Coastal Economic Zone covering more than 20,000 hectares, a planned free trade zone, deep-water ports at Lach Huyen, and 12 industrial parks newly established in 2025.

The relocation of check-in counters aims to better meet the travel needs of residents and visitors. (Photo: VNA)

Vietjet shifts domestic check-in at Tan Son Nhat from January 13

During the recent New Year 2026 holiday peak, Vietjet added 380 flights, equivalent to nearly 78,000 additional seats, on many key domestic routes linking Hanoi and Ho Chi Minh City with destinations such as Vinh, Thanh Hoa, Hai Phong, Da Nang, Phu Quoc, Nha Trang and Da Lat.

Commercial banks are providing approximately 88% of total green credit outstanding in Vietnam. (Photo: nhandan.vn)

Capital sources expanded for sustainable growth

According to the State Bank of Vietnam (SBV), by the end of November 2025, outstanding green credit was estimated at around 750 trillion VND (28.55 billion USD), with an average growth rate exceeding that of overall credit in the economy.

Customers select goods at a supermarket. (Photo: VNA)

Retail market expands sharply, sustainability challenges persist

According to a report on recently released by the Ministry of Industry and Trade’s Agency for Domestic Market Surveillance and Development, the size of the market reached more than 7 quadrillion VND (about 266 billion USD) in 2025, up around 10% compared with 2024.

Oil rigs at the Bach Ho oil field. (Photo: VNA)

Resolution 79: State economy to lead growth

Resolution 79 is described as a “clear action declaration” by the Politburo, saying the state economy is not only responsible for maintaining macroeconomic stability, but must also become the force leading a new growth model that is green and sustainable.

Workers at Garment 10 Corporation produce apparel for export. (Photo: Nhan Dan)

Vietnam leverages export advantages within RCEP region

In 2025, seafood exports to China alone exceeded 2.2 billion USD, up about 33% compared to 2024. Shipments to Japan fetched nearly 1.7 billion USD, a year-on-year increase of 14.6%, while those to the Republic of Korea and Australia grew by 9.6% and 3.2%, respectively.

Certificates of membership in the Vietnam International Financial Centre in Da Nang are awarded at the conference on January 9. (Photo: VNA)

Da Nang continues targeted investment promotion approaches

According to Chairman of the Da Nang People’s Committee Pham Duc An, the city prioritises building sustainable economic ecosystems and focuses on key breakthrough sectors with strong spillover effects, including high technology and digital transformation, logistics, urban infrastructure, finance, processing and manufacturing industries, high-tech agriculture, and the pharmaceutical and medicinal herb industry.

In 2025, Hyundai sales reached 53,229 vehicles across the Vietnamese market. (Illustrative photo: Yonhap/VNA)

Hyundai sales in Vietnam rise almost 23% in December

In 2025, sales reached 53,229 vehicles across the market, a result considered a testament to the efforts by TC Group, Hyundai Thanh Cong, and the entire Hyundai dealership network nationwide amidst a volatile market.

Hydroponic vegetable cultivation model at the High-Tech Agricultural Park (Photo daibieunhandan.vn)

HCM City accelerates shift toward ecological urban agriculture

​The city’s agricultural sector is undergoing a strong transformation, restructuring toward higher value-added and sustainable development. In recent years, the sector has maintained steady growth, with agricultural, forestry and fisheries output rising by an estimated 2.5% annually.