Agribank ranks highest among Vietnamese banks in Brand Finance Banking 500
The Vietnam Bank for Agriculture and Rural Development (Agribank) climbed 16 spots to 157th in the 2022 Brand Finance Banking 500 ranking, which features the most valuable and strongest banking brands in the world.
Agribank climbs 16 spots to 157th in the 2022 Brand Finance Banking 500 ranking, which features the most valuable and strongest banking brands in the world. (Photo: VNA)
Hanoi (VNA) – The Vietnam Bank for Agricultureand Rural Development (Agribank) climbed 16 spots to 157th in the 2022 BrandFinance Banking 500 ranking, which features the most valuable and strongestbanking brands in the world.
It is the highest ranking among Vietnamese banks, accordingto Brand Finance.
As of December 31 last year, Agribank’s total asset exceeded1.697 quadrillion VND (74.5 billion USD) and accumulated outstanding loansreached over 1.31 quadrillion VND, 70 percent of which has been taken out foragricultural and rural development.
In this year’s Banking 500 annual report, Brand Finance saidVietnam’s banking sector is one of the fastest-growing in the world with anoverall brand value growth of 49 percent.
All Vietnamese brands in the ranking have experienced growthor add to the country’s total as new entrants, the report said. It has been avery fruitful year for Vietnamese banks, which have observed continuous growthin their balance sheets and income statements, with both deposits and loansissued growing.
This has been bolstered by the nation’s recovery from thepandemic, which was well-managed by the government, resulting in strongeconomic growth.
Among these brands, MBBank is also one of those going thefastest, with its brand value up by a staggering 113 percent to 642 millionUSD, followed by Techcombank (up 80 percent to 945 million USD).
In addition, the strong growth in the Vietnamese banking sectorhas brought two new entrants to the top 500 this year, namely HD Bank (up 53percent to 248 million USD) and Saigon Hanoi Bank (SHB) (up 63 percent to 211million USD)./.
The Vietnam Bank for Agriculture and Rural Development (Agribank) jumped 17 spots to rank 173rd in the recently announced Brand Finance Banking 500 list for 2021, which featured the most valuable and strongest banking brands in the world.
Sixteen commercial banks cut over 21.24 trillion VND (936 million USD) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021, surpassing their commitment by 5.13 percent, the State Bank of Vietnam (SBV) reported on February 9.
The brand value of Military Industry-Telecoms Group (Viettel) reached 8.758 billion USD, moving up a total of 99 places to reach the 227th position in the 2022 list of the world’s 500 most valuable brands.
With an overall brand value growth of 49 percent, Vietnam’s banking sector is one of the fastest growing in the world, according to Brand Finance’s latest report on the most valuable and strongest banking brands globally.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Agribank climbs 16 spots to 157th in the 2022 Brand Finance Banking 500 ranking, which features the most valuable and strongest banking brands in the world. (Photo: VNA)
