The VDB - Tuyen Quang Branch was established on September 1, 2025, under Decision No. 467/QĐ-NHPT dated August 15, 2025, by the Board of Directors of VDB, on the basis of merging the VDB Ha Giang Branch and the VDB Tuyen Quang Branch. The branch headquarters is located in Ha Giang 1 Ward, Tuyen Quang.
At the ceremony, the Tuyen Quang Branch and 888 Forestry Co., Ltd. Yen Bai (located in Lao Cai Province) signed a cooperation agreement on state investment credit financing for projects invested in by the company that are included in the eligible loan portfolio and meet the lending conditions under Decree No. 78/2023/ND-CP dated November 7, 2023, amending and supplementing a number of articles of Decree No. 32/2017/ND-CP dated March 31, 2017 of the Government on state investment credit. According to the agreement, the total financing to be provided based on the company's demand is expected to reach about VND 380 billion.
In the same day, the branch signed a credit contract with Vietnam Paper Corporation to provide state investment credit for the project of planting, tending, and protecting raw-material forests for the business cycle from 2023 to 2029 in Tuyen Quang. The project involves afforestation and tending of 460.7 hectares of acacia trees in Ham Yen, Bình Xa, and Yen Son communes of Tuyen Quang, with the goal of supplying raw material wood for Bai Bang Paper Mill of Vietnam Paper Corporation and other wood processing and manufacturing facilities in Tuyen Quang./.