On 01/9/2011, the State Bank of Vietnam (SBV) issued the Decision No. 1974/QD-NHNN on transformation of the Bank for Investment and Development of Vietnam (BIDV) from the State-owned company into the State-owned one member company limited.

​For the legal form, BIDV is the wholly State-owned one member company limited with 100% of charter capital; Has the legal status under the law of Vietnam; Has its own seal and account; Organizes and operates in accordance with the regulations of the Law on Credit institutions, regulations of the related laws and Charter of BIDV.

BIDV’s head office is at BIDV Building, 35 Hang Voi, Hoan Kiem District, Hanoi, Vietnam; Its business lines include the money, credit, banking service business and other activities in accordance with the regulations of the law; Its charter capital is VND 23,962,315,000,000. The state owner representation agency at BIDV is the SBV. The Chairman of the Board of Members and the members of the Board of Members of BIDV are the authorized representatives of SBV, to implement the rights and obligations of the owner according to the regulations of the law. After transforming into the one member company limited, BIDV inherits the rights, obligations and lawful interests of BIDV before transformation.

Also in this Decision, the Governor of State Bank of Vietnam requested BIDV and BIDV Transformation Board to have responsibility for completing all procedures and carrying out the transformation into the State-owned one member company limited in accordance with the regulations in the Decree No. 25/2010/ND-CP dated 19/03/2010 of the Government and the regulations of the other related laws.