AsemconnectVietnam - 2025 marks the first year that the Vietnam Foreign Trade Commercial Bank (Vietcombank, ticker VCB - HOSE) will effectively achieve its dual objectives in conjunction with its business development tasks.

At the Conference on Implementing Banking Tasks for 2026 organized by the State Bank of Vietnam (SBV), Mr. Nguyen Thanh Tung, Chairman of the Board of Directors of Vietcombank, stated that in 2025, Vietcombank will be recognized as a leading digital transformation bank in Vietnam. The bank identifies strengthening its risk management foundation and improving the quality of internal control operations as prerequisites for simultaneously fulfilling its tasks in the current context.
“From practical experience, Vietcombank recognizes that business results and safety are two inseparable goals. Credit growth, business expansion, or model innovation can only be sustainable when built on a solid foundation of risk management,” Mr. Tung stated.
Specifically, by the end of 2025, Vietcombank had completed all important targets assigned by the State Bank of Vietnam, with a 10% increase in capital mobilization and a 15% increase in credit. Growth in scale always goes hand in hand with good quality control, with non-performing loans maintained at below 1%.
In particular, during the implementation of the restructuring plan for Construction Bank (now Vietcombank Digital Technology Limited Liability Company - VCBNeo), Vietcombank simultaneously implemented many solutions to support credit, liquidity, technology, and risk management; and transferred high-quality personnel to participate in risk management and business development. Thanks to this, by the end of 2025, VCBNeo recorded a profit of over VND 1,800 billion, marking a significant transformation compared to the previous period.
Alongside the growth in scale, Mr. Tung stated that Vietcombank's safety indicators continue to be strictly controlled, fully complying with the objectives of Circular 31/2024/TT-NHNN and Circular 52/2024/TT-NHNN. Vietcombank is also the only bank in Vietnam to be rated by international credit rating organizations as one of the commercial banks with a national credit rating, thereby affirming the market and investor confidence in the bank's management capacity, safety level, and sustainable development orientation.
From practical implementation, the Chairman of Vietcombank believes that the most crucial challenge at this critical juncture is the quality of enforcement of regulations in banking operations. The bank identifies its internal control system and operational system as an integral part of its business operations and innovation. Risk control and management are not merely post-audits but must be integrated from the outset into business decisions, digitalization initiatives of the Vietcombank system, and the restructuring process of the Construction Bank. Responsibility for risk management rests primarily with each manager and implementing officer.
“Vietcombank considers internal inspection and auditing not only as a function to detect errors, but also as a crucial part of the organization’s self-correcting capacity, helping to improve weaknesses in design and implementation, especially in the context of rapidly changing business models and technologies,” Mr. Tung said.
In the future, Vietcombank will continue to fully comply with the organizational models and internal control systems as stipulated by the State Bank of Vietnam, while continuously improving its three main pillars: people, processes, and technology. In this context, people play a crucial role, focusing on raising awareness and capacity for risk management at all levels; processes are decisive in ensuring the right methods at the right time, linking internal control with all operations, product innovation, and business model development; technology is a vital challenge, aiming to exploit the right data and achieve the right results, strengthening the application of technology and data in risk management, internal control, and auditing, creating a foundation for the strong development of digital banking.
In addition, Vietcombank recommends that the State Bank of Vietnam continue to manage policies in a stable and consistent manner; promptly issue revised documents on the internal control system for commercial banks to replace the current Circular 13. At the same time, it requests maintaining a mechanism for close exchange and coordination with commercial banks in the process of developing and implementing new decisions, especially regarding risks arising from digital transformation, artificial intelligence applications, big data, and business model innovation.
N.Nga
Source: VITIC/Tinnhanhchungkhoan