Prime Minister Pham Minh Chinh awarded “Vietnam Value” trophy to a representative of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) within the “Announcement Ceremony of Vietnam Value Products 2022” held on 2 November 2022 in Hanoi.

Mr. Tran Phuong, Senior Executive Vice President, represents BIDV to receive “Vietnam Value” trophy 2022

This 7th “Vietnam Value” award is recognition of BIDV’s outstanding efforts, contribution, role and value in the national socio-economic development and economic integration. In the first time when BIDV was awarded this title in 2003, its total assets were more than VND90 trillion. Up to now, after 19 years of relentless efforts, BIDV has had a robust growth to become the largest commercial bank in Vietnam with total assets of VND2.05 quadrillion (as of 30 September 2022), 23 times higher than that in 2003. Being honored with “Vietnam Value” award is also a motivation for BIDV to further enhance value of products, services, and its competitiveness, contributing to affirming the reputation and brand of Vietnamese enterprises in general and banking sector in particular in the regional and international markets.

Over the years, BIDV has continuously diversified and improved the quality of its products and services to increase customer experience. BIDV takes the pioneering role with the launch of modern e-banking apps and features such as BIDV SmartBanking, BIDV iBank, applying blockchain in trade finance, etc.

In 2022, with the motto of “Discipline, Efficiency, Digital Transformation”, BIDV continues to promote digital transformation to better serve more than 15 million individual and corporate customers, and at the same time, maintains stable, safe, and efficient business operations. By the end of Quarter 3/2022, BIDV continued to maintain its position as the largest commercial bank in Vietnam with total customer deposits and valuable papers of VND1.56 quadrillion; customer loans reached ~VND1.5 quadrillion; consolidated income and expenses difference reached VND36,943 billion; consolidated pre-tax profit reached VND 17,677 billion...

Vietnam Value” program has been held since 2003 with regular interval of 2 years. This is a specific, long-term and unique trade promotion program of the Government aimed at building and promoting national brand through product brands. The program aims to promote the national reputation and national brand by supporting enterprises to develop Vietnamese products, goods and services brands, enhancing their position and value in each economic sector when Vietnam is actively integrating into the international economy, deeply participating in the global value chain and production network.