Business

SeABank listed among Vietnam’s 500 fastest growing firms

The Southeast Asia Commercial Joint Stock Bank (SeABank) has been named in the FAST500 – a list of 500 companies with the fastest growth rate in Vietnam.
SeABank listed among Vietnam’s 500 fastest growing firms ảnh 1A SeABank representative receives the award at a ceremony honouring Vietnam’s 500 fastest growing firms (Photo: laodong.vn)

Hanoi (VNA) - The Southeast AsiaCommercial Joint Stock Bank (SeABank) has been named in the FAST500 – a list of500 companies with the fastest growth rate in Vietnam.

Recently released by the Vietnam Report, theFAST500 rated the top firms based on their compound annual growth rate (CAGR) interms of revenue and business effectiveness in the last four years. It alsoconsidered other criteria like assets, total number of employees and post-taxprofit, among others.

SeABank, which was established in 1994,secured 388th place in the ranking. Its charter capital is more than5.4 trillion VND (232.2 million USD), with total access exceeding 125 trillionVND (5.37 billion USD). The bank operates 162 transaction points across 25cities and provinces nationwide.

Previously, SeABank was also one of the 15Vietnamese banks in The Asian Bankers’ AB500 ranking and survey of AsiaPacific’s strongest banks. It was awarded the “sustainable business” title bythe Vietnam Chamber of Commerce and Industry.-VNA
VNA
#SeABank #FAST500 #Vietnam’s 500 fastest growing firms #Southeast Asia Commercial Joint Stock Bank #Vietnam Report #compound annual growth rate #Vietnam banking #Vietnam News Agency #vietnamplus
Follow VietnamPlus

Related News

See more

A working team from Coast Guard Region 2 Command inspects fishing licences and vessel monitoring system and guides fishermen on compliance with IUU fishing regulations. (Photo: VNA)

Da Nang city tightens controls to prevent IUU fishing violations

The city’s authorities are tightening inspections and controls to prevent fishing vessels from violating IUU regulations, particularly in foreign waters, as part of efforts to help Vietnam have the European Commission’s “yellow card” warning lifted.

Vietcombank has launched a 50 trillion VND (1.9 billion USD) credit package to provide preferential financing to businesses, particularly small and medium-sized enterprises (SMEs), priority sectors and new growth drivers of the economy (Photo published by Bnews/VNA)

More preferential credit available to businesses

Under SBV requirements, commercial banks are to provide Vietnamese-dong loans to SMEs and growth-driving sectors at rates at least 1 percentage point per year lower than their average rates for loans of the same maturity. They are also required to consider waiving or reducing service fees for eligible customers in line with regulations and their financial capacity.

Delegates at the Vietnam-UK High-Level Conference 2026. (Photo: moit.gov.vn)

Vietnam, UK seek new growth drivers in technology, logistics

British Ambassador to Vietnam Iain Frew highlighted the importance of strengthening bilateral cooperation as Vietnam - UK relations have been upgraded to a Comprehensive Strategic Partnership. He said technology, finance, innovation and digital transformation are opening up new opportunities for cooperation, enabling businesses from both countries to connect, share experience and explore investment and business opportunities.

The Ngoc Hoi interchange project in Tay Nha Trang ward, Khanh Hoa province, with some items yet to be completed (Illustrative photo: VNA)

Over 60% of long-stalled projects have obstacles resolved

Of the 8,002 long-stalled projects, 4,938 completed the settlement of obstacles in line with conclusions of the Party Central Committee and resolutions of the National Assembly and Government, as well as relevant Government decrees and guiding documents as of July 20, up 564 projects from the previous month.

The Vietnam National Railway Group will operate as a multi-sector economic group, with its business portfolio expanded to 110 sectors. (Photo: VNA)

Vietnam Railways Corporation becomes Vietnam National Railway Group

The group inherits all rights, obligations and responsibilities of the Vietnam Railways Corporation in accordance with the laws on railways, enterprises, and management and investment of state capital in enterprises, and other relevant legal provisions, as well as existing agreements, documents and contracts signed with related parties in accordance with the law.

Coffee production process at Ngon Avatar Co., Ltd. meets the requirements for official exports to New Zealand and several European markets. (Photo: VNA)

Vietnam, New Zealand seek new impetus for trade ties

The state visit to New Zealand by General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam is expected to provide fresh impetus for market opening, removal of trade barriers and stronger economic links following the elevation of bilateral relations to a Comprehensive Strategic Partnership in February 2025.