On September 9, 2025, in Hanoi, the CafeF financial and economic information channel (under VCCORP Joint Stock Company) organized an awards ceremony to honor the largest tax-paying enterprises in Vietnam for the year 2025.
This annual event aims to recognize businesses that have made significant contributions to the national budget, affirming the leading role and strength of the Vietnamese business community.
The highlight of the ceremony was the announcement of two prestigious lists: VNTAX 200, comprising enterprises with tax payments of VND 200 billion or more, and PRIVATE 100, exclusively honoring private enterprises with payments of VND 100 billion or higher. These are not just impressive figures but also a testament to the relentless efforts, sustainable development, and social responsibility of each enterprise.
In his welcoming remarks, Mr. Pham Quang Minh, Director of CafeF, emphasized the role of the business community in the context of Vietnam’s economic achievements in 2024, particularly the country’s budget revenue exceeding estimates. He shared that the total state budget revenue in 2024 exceeded VND 2 quadrillion, with significant contributions from the enterprises on the VNTAX 200 and PRIVATE 100 lists. Specifically, the VNTAX 200 group paid nearly VND 800,000 billion, while the PRIVATE 100 group contributed nearly VND 245,000 billion. These contributions are essential financial resources, underscoring the position and role of Vietnamese enterprises in the digital era.
Agribank, a state-owned commercial bank, made a remarkable impact with a budget contribution of VND 9,178 billion in 2024, a 77% increase from the previous year. In 2025, Agribank is expected to surpass the VND 10,000 billion mark, solidifying its leading role in the financial sector and supporting socio-economic development, particularly in the “Three Agriculture” fields (agriculture, rural areas, and farmers).
Techcombank led the pack among private banks with a budget contribution of VND 6,775 billion in 2024, affirming its premier position in the banking system and its dedication to serving the nation through concrete and sustainable contributions. This achievement once again demonstrates Techcombank’s stable and robust development, especially as it leads the private sector for three consecutive years.
HDBank rose to become the second-largest tax-paying private bank, contributing over VND 6,000 billion in 2024, doubling its contribution from the previous year. HDBank stands out for its flexible financial services, supporting small and medium-sized enterprises, as well as tailored products for individual customers. The bank’s remarkable 101% growth in budget contribution solidified its position among the leading private banks.
VPBank, one of the leading private banks, was also recognized for contributing over VND 5,800 billion to the state budget. With its sustainable development strategy and modern technology application, VPBank has been accompanying millions of customers, driving economic growth, and fostering international integration.
ACB was also among the largest tax-paying private banks in Vietnam in 2024, contributing over VND 5,500 billion. ACB maintained its leading position in the joint-stock commercial bank group through the quality of its products and services and its efforts to promote sustainable development.
LPBank was honored among the Top 20 private banks with the largest tax contributions in Vietnam, contributing over VND 3,300 billion to the state budget in 2024. With a focus on digital transformation and developing innovative financial products, LPBank has made a mark with its solutions to support businesses and individual customers, especially in agriculture and rural areas. Stable growth and improved governance efforts have solidified LPBank’s position in the private banking system.
SHB was recognized among the Top 20 private banks with the largest tax contributions in Vietnam, contributing nearly VND 2,500 billion to the state budget in 2024. With a commitment to sustainable development, SHB has continuously innovated, applied digital technology, and provided diverse financial solutions, from corporate credit to retail banking services. SHB also stands out for its programs supporting small and medium-sized enterprises, contributing to economic development in various localities.
TPBank was honored among the Top 20 private enterprises and Top 10 private banks with the largest tax contributions in Vietnam. With a vision to become a pioneering digital bank, TPBank has established its position through modern financial solutions and its commitment to accompanying customers in the digital era. TPBank’s contributions go beyond budget revenue, as it also brings added value to the digital economy.
OCB ranked among the Top 40 private enterprises and Top 20 private banks with the largest tax contributions in Vietnam. With a strategy focused on safe and efficient development, OCB has gradually established itself as a trusted financial institution, positively contributing to the growth of its customers and the national economy.
The awards ceremony to honor the largest tax-paying enterprises in Vietnam not only acknowledged their financial contributions but also celebrated their social responsibility and excellent management capabilities.
The event strongly affirmed the role of the private sector, particularly banks, in leading Vietnam’s economy. With their continuous innovation, these banks not only contribute to budget revenue but also serve as a vital force driving the country’s sustainable development and prosperity.
Viettel: Forging Ahead with Record-Breaking Contributions to the National Coffers
Let me know if you would like me to tweak this title or provide additional suggestions.
“CafeF has recently unveiled the VNTAX 200 list, comprising the top businesses contributing an impressive 200 billion VND and above to the state budget in the latest fiscal year. Notably, a significant number of these enterprises boast substantial budget contributions derived from their profit margins.”
“Techcombank: Leading the Way in Vietnam’s Private Banking Sector with Unparalleled Fiscal Contributions”
Techcombank, Vietnam’s leading private bank, has once again proven its formidable stature at the 2025 Top Budget-Contributing Enterprises Ceremony held on September 9. For the third consecutive year, the bank has been hailed as the top private bank in terms of budget contribution to the country. This remarkable achievement cements Techcombank’s position as a pivotal financial institution in Vietnam’s thriving economy.
The Tech-Telecom Giant: Breaking Records as Vietnam’s Most Profitable Enterprise
In 2024, an impressive nine enterprises soared to remarkable heights, achieving profits of over $1 billion each. Among these illustrious companies, six were powerhouse banks, solidifying their dominance in the financial landscape.
“Techcombank Partners with VNeID App: Empowering Customers to Securely Access Social Welfare Payments with Ease.”
“Techcombank, one of Vietnam’s leading joint-stock commercial banks, has taken a significant step towards enhancing its customer experience by integrating with the national digital identity application, VNeID. This integration aims to facilitate faster, safer, and more convenient disbursement of social welfare payments to its valued customers.”
“Beware of Phishing Scams: Don’t Fall for the ‘Free $100,000 Gift’ Trick.”
“A sophisticated scam has emerged, with banks reporting an elaborate scheme targeting their customers. The fraudsters are taking advantage of the banks’ promotional campaigns, particularly those offering a 100,000 VND gift, to deceive unsuspecting individuals. This scam is a cause for concern as it highlights the evolving tactics of cybercriminals and the need for heightened vigilance.”
