Techcombank Leads in Budget Contributions for Three Consecutive Years
On September 9, at the Ceremony honoring Enterprises with the Largest Budget Contributions in 2025, organized by CafeF – a leading financial and economic information channel under VCCorp, Joint Stock Company, Techcombank made a strong impression by being honored as one of the most prominent contributors to the state budget.
According to the announced list, Techcombank topped the private bank group with a budget contribution of VND 6,775 billion in 2024, affirming its leading position in the banking system and its spirit of serving the country through specific and sustainable contributions. This achievement once again demonstrates Techcombank’s stable and strong development, especially as it leads the private sector for three consecutive years.
As Vietnam accelerates economic development and strengthens its budget to serve strategic goals, the contributions of the business community in general and the banking sector in particular are considered crucial. Budget contributions reflect not only the financial health of enterprises but also their social responsibility and alignment with the nation in critical areas such as education, healthcare, infrastructure, national defense, and social security.
According to CafeF Lists 2025, the top 200 enterprises in the VNTAX 200 list contributed nearly VND 800,000 billion to the state budget in 2024, equivalent to 40% of the country’s total budget revenue. The private sector alone contributed nearly VND 245,000 billion, with several units contributing over VND 10,000 billion. This clearly demonstrates the dynamic growth of the private sector, which is an essential driver of the economy.
2024 was a breakthrough year for the banking industry, with the top 20 banks contributing over VND 95,400 billion to the budget, a 19% increase from the previous year and a 68% surge compared to 2022.
Techcombank, with its focus on modern digital banking and comprehensive expansion strategy, has made outstanding contributions to this success. The bank has not only expanded its scale of operations and diversified its products and services but also pioneered digital transformation and improved governance efficiency, laying the foundation for greater contributions to the national budget.
In addition to its outstanding budget contribution performance, Techcombank has consistently demonstrated its strong financial capabilities. With record profits and stable growth over the years, the bank has maintained its leading position in the private sector, reflecting the effectiveness of its risk management and resource optimization strategies. Financial safety indicators have continuously improved, showcasing the bank’s resilience and sustainability in business operations.
In the first half of 2025, Techcombank’s consolidated pre-tax profit reached VND 15,100 billion, with Q2 alone recording a remarkable VND 7,900 billion – a 9.2% increase from Q1 and a significant surge from the same period last year. This quarterly profit is the highest in Techcombank’s history, reflecting the superior effectiveness of its risk management, capital cost optimization, and focus on the premium customer segment.
Consolidated total assets reached VND 1,038,000 billion as of June 30, 2025, a 14.2% increase compared to the same period in 2024 and a 6% rise from the beginning of the year. This marks a historic milestone as it surpasses the VND 1,000,000 billion threshold, solidifying Techcombank’s position as one of the two largest private banks in Vietnam.
Credit growth was reasonable, coupled with tight control over asset quality: the NPL ratio before CIC remained low at 1.05%, lower than the industry average and the target of below 1.5% for the whole of 2025. Financial safety indicators continued to improve, with the CASA ratio exceeding 41%, reflecting the bank’s dynamic growth and long-term sustainability.
Looking back, Techcombank has consistently maintained high budget contributions for many years, contributing to building a strong national financial foundation. This year’s recognition is not only a testament to the unwavering efforts of Techcombank’s staff but also a motivation for the bank to strive for even greater achievements in the future. With a development philosophy that balances corporate interests and social responsibilities, Techcombank reaffirms its commitment to accompanying the government and society in building a prosperous Vietnam.
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“The growing presence of private sector involvement in government budgets is indicative of a maturing Vietnamese economy, where resources are allocated in a more multi-pillar and balanced fashion.” – Mr. Phan Vu Hoang, Deputy General Director of Tax and Legal Advisory Services at Deloitte Vietnam, commented on the recently released PRIVATE 100 list by CafeF.
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