VIB Completes Additional Contribution of VND 5.75 Billion, Adding VND 2,624 Billion to the 2024 National Budget

As one of the leading enterprises contributing significantly to the national budget, VIB has consistently received commendations for its “Outstanding Achievements in Tax Collection and Submission to the State Budget of Ho Chi Minh City.” In 2025, VIB was honored among the top 20 private banks with the largest budget contributions and was also recognized as one of the top 20 private enterprises with the highest tax contributions in Vietnam.

Top 20 Private Banks with the Largest Budget Contributions in Vietnam, 2025

This achievement is a result of the bank’s sustained and sustainable core operations, maintaining stable scale and efficiency with consistent year-over-year growth. Since transitioning its business model in 2017, VIB has contributed over 14.5 trillion VND to the state budget over the past 8 years. This not only highlights VIB’s operational efficiency but also underscores its commitment to sustainable values, contributing to the nation’s shared resources.

VIB’s Budget Contributions from 2017 to 2024

VIB is also actively engaged in community initiatives, donating tens of billions of VND in 2024 alone to programs such as the national campaign to eliminate temporary and dilapidated housing, disaster relief efforts, student scholarships, job fairs, and cultural and educational initiatives. These efforts not only demonstrate VIB’s social responsibility but also reinforce its commitment to fostering sustainable community development. VIB believes that its growth is intrinsically linked to societal progress, forming the foundation of its sustainable development journey.

In terms of business performance, VIB concluded the first half of 2025 with several positive outcomes. Credit growth and mobilization both reached 10%, driven by the successful launch of new lending and deposit products offering competitive and market-leading interest rates. Asset quality improved significantly due to effective debt management strategies and a favorable economic outlook, with Group 2 debt decreasing by over 17% year-over-year. Operational costs were well-controlled, and business efficiency improved, resulting in a post-tax profit of 5.016 trillion VND for the first half of the year, a 9% increase compared to the same period last year. With ample credit capacity and enhanced asset quality, VIB is poised to sustain positive business results and continue making substantial contributions to the national budget.