The season of annual general meetings in Vietnam’s banking industry has just concluded, marking a pivotal moment as the financial system wraps up its 2021–2025 restructuring phase and enters a new cycle of growth. Alongside ambitious plans for significant capital increases, banks are also charting new directions in their business strategies. Setting ambitious capital increase targets Strengthening capital to meet Basel III standards and expand credit capacity has become the top priority for Vietnamese banks in 2026. Reflecting this urgency, this year’s annual general meetings marked a decisive breakthrough, with both state-run and private banks setting ambitious capital increase targets. Vietcombank has unveiled plans for a private placement of up to 6.5% of its shares to strategic investors, a move expected to generate more than VND5.43 trillion at par value. Combined with the issuance of shares from its reserve fund, this initiative will lift Vietcombank’s charter capital to VND100 trillion. In parallel, BIDV intends to allocate all retained earnings from fiscal year 2025—over VND13.2 trillion—for stock dividend distribution, aiming to push its capital base beyond VND100 trillion and reinforce its leading position by total assets. Among private banks, Techcombank has proposed issuing shares from its equity capital at a 60% […]
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