VietCapital, Vietcombank, BIDV: Why they stood out

Three banks took top honours in Vietnam, while HSBC claimed both awards for foreign banks.

In May, FinanceAsia named the winners of its annual Country Awards for Achievement. Last month, winners were given ther awards at our annual awards dinner in Hong Kong. Today, we conclude presenting the rationale for our decisions with a look at Vietnam.

Best Bank Vietcombank

There was one clear winner for this award and that was the Joint Stock Commercial Bank for Foreign Trade of Vietnam, or Vietcombank for short.

It is not Vietnam’s largest bank. That accolade goes to Vietnam Joint Stock Commercial Bank for Investment Development BIDV, which reported assets of $44.2 billion at...

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