Agribank up 17 places in Brand Finance Banking 500
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.
Hanoi (VNA) – The Vietnam Bank for Agricultureand Rural Development (Agribank) jumped 17 spots to rank 173rd in the recently announcedBrand Finance Banking 500 list for 2021, which featured the most valuable andstrongest banking brands in the world.
As of December 31 last year, Agribank’ total assets reachednearly 1.57 quadrillion VND (68.07 billion USD), with its capital exceeding 1.45 quadrillion VND.The bank’s accumulated outstanding loans surpassed 1.2 quadrillion VND, of whichnearly 70 percent was invested in agricultural and rural development.
According to the latest report by Brand Finance, the world’sleading brand valuation consultancy, as governments scramble to stimulateeconomic growth in the face of the ongoing global health crisis, and profitsand interest rates take a hit, nearly two-thirds of the world’s 500 mostvaluable banking brands have recorded brand value losses.
It said Vietnam’s banking sector has seen the greatestyear-on-year brand value growth compared to any other nation in the ranking,standing at 23 percent. Vietnam’s ability to effectively control and constrainCOVID-19 has allowed it to buck the sector-wide trend of declining brand value.Internal reforms have strengthened accountability of the Vietnamese financialsector, which has had the knock-on effect of boosting not just revenues, butbrand reputation and trust.
Vietnam’s banking sector has also recorded a 753 percent5-year cumulative brand value growth, the second fastest national growth in theranking, noted Brand Finance./.
Firms should attach greater attention to building their brands to enhance competitiveness in the context of rapid global integration as Vietnam has few globally-recognised brands.
Despite the great impacts of the COVID-19 pandemic on business and production activities, this year has seen the highest number of enterprises and products awarded with the title “Vietnam Value” so far.
Vietnam has posted the fastest-growing national brand this year, with value surging 29 percent to 319 billion USD, on the list of the world’s 100 most valuable national brands compiled by the London-based independent brand valuation and strategy consultancy Brand Finance.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Transactions at Agribank (Photo: VNA) 
