by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Banking & Finance, Vietnam Company Stories
⚡ TL;DRSince 2011 the State Bank of Vietnam has told every commercial bank, each year, how much it may grow its loan book. The system-wide target has usually been 14–16%; each bank’s share depends on a confidential rating, its capital, how much it lends to...
by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Banking & Finance, Vietnam Company Stories
⚡ TL;DRVietnam opened its stock exchange in July 2000 with two listed companies and spent the next quarter-century classified as a “frontier” market, a label that kept it out of the emerging-market index funds that move most of the world’s passive...
by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Banking & Finance, Vietnam Company Stories
⚡ TL;DRVietnam’s banks emerged from the 2007–2011 credit boom with bad loans that a central-bank inspection put at roughly 17% of the system, more than three times the figure the banks themselves reported. Rather than let lenders fail, the state built a...
by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Banking & Finance, Vietnam Company Stories
⚡ TL;DRTechcombank was founded in 1993 with VND 20 billion of capital and is now Vietnam’s most profitable private bank, built on a deliberate bet that a new urban middle class would want mortgages, investment products and free digital banking before the state...
by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Banking & Finance, Vietnam Company Stories
⚡ TL;DRVietcombank began life in 1963 as the foreign-trade window of Vietnam’s central bank and is now the most valuable listed company in the country, with a market capitalisation that has hovered around the equivalent of USD 18–20 billion. The state...
