Forbes Vietnam has honored BIDV as one of the Top 25 leading listed brands of 2024. This award is a testament to BIDV's efforts in improving governance quality, enhancing business efficiency, and position as a leading financial institution in Vietnam.

This is the ninth consecutive year that Forbes Vietnam has compiled this list, aiming to select and honor the best listed brands across various industries. Among them, the banking sector dominates with seven representatives.

Mr. Le Trung Thanh, BIDV’s Senior Executive Vice President, receives the award from Forbes Vietnam

For the rankings, Forbes Vietnam gathered financial data from companies listed on the Ho Chi Minh City Stock Exchange (HOSE), Hanoi Stock Exchange (HNX), and unlisted public company market. With the support of Ho Chi Minh City Securities Corporation (HSC), Forbes Vietnam used Forbes' (USA) exclusive

methodology to calculate brand value. Forbes excluded profits generated from tangible assets to determine the profits derived from intangible assets. The brand value of a company was then calculated based on this figure, adjusted by the brand’s contribution ratio in each industry and the average price-to-earnings (P/E) ratio of the industry at the time of calculation.

For BIDV, Forbes Vietnam assessed: “As of the end of Q3 2024, BIDV's total consolidated assets reached more than VND2.5 quadrillion, leading the entire system and becoming the first Vietnamese bank to surpass USD100 billion in total assets. As the longestestablished bank in Vietnam’s banking system, BIDV operates in banking, insurance, securities, and financial investment, with a network of nearly 1,100 branches and transaction offices, and commercial presence in five countries and territories. BIDV aims to become a 'Green Bank,' greening its service operations, from mobilizing capital to financing green projects, energy efficiency, emissions reduction, and environmental protection.”

For years, BIDV's brand has been honored by prestigious organizations with numerous awards, such as: the world’s Top 1000 largest public companies (Forbes), Top 200 most valuable banking brands in the world (Brand Finance), Top 50 best listed companies in Vietnam (Forbes Vietnam), National Brand (Ministry of Industry and Trade), Top 10 Excellent Brands in Vietnam (Vietnam Economic Times), among others.