Under the agreement, VDB and BIDV will strengthen cooperation in areas such as: lending and project co-financing, capital and treasury operations, domestic and international payment services, trade finance, cash management, green finance, digital banking, insurance, and other modern financial services.
The Comprehensive Cooperation Agreement is one of VDB's concrete activities to expand partnerships with major credit institutions, leverage available resources more effectively, strengthen its operational capacity, and progressively modernise the bank in line with the Government's direction.
Speaking at the signing ceremony, Mr.Le Van Hoan, Chairman of the Board of Directors of VDB, noted that in recent years VDB has undertaken comprehensive reforms, gradually improving its governance framework, enhancing operational autonomy, expanding its scope of operations, and increasing the application of technology in management and administration. In this process, cooperation with leading financial institutions such as BIDV plays an important role in VDB's development.
According to Mr.Le Van Hoan, building on the positive outcomes of previous cooperation, the new Comprehensive Cooperation Agreement will enable both parties to further leverage their respective strengths, share management experience, develop new products and services, and improve customer service quality.
Representing BIDV, Mr.Phan Duc Tu, Chairman of the Board of Directors of BIDV, affirmed that the bank highly appreciates VDB's role in implementing the State's development investment credit policies. BIDV is committed to closely coordinating with VDB to effectively carry out the agreed areas of cooperation, bring practical benefits to customers and contribute to Viet Nam's sustainable socio-economic development.
In the coming period, VDB and BIDV will translate the agreement into concrete initiatives through close coordination between their operational units at the head offices and branches nationwide. The comprehensive cooperation agreement for 2026–2031 is expected to enhance VDB's operational capacity, accelerate its digital transformation, promote green finance, and strengthen its capacity to provide high-quality financial services, thereby contributing to the country's socio-economic development goals./.