Vietcombank awarded significant awards at Vietnam Retail Banking Forum 2023

Within the framework of Vietnam Retail Banking Forum in Ho Chi Minh City, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) was honored and awarded 03 significant awards: ” The typical retail bank 2023”, “The typical digital transformation bank 2023”, “the small and medium enterprise companion bank 2023” by the Organizing Committee of the Outstanding Vietnam Bank Award 2023 on May 26, 2023.
Bà Đoàn Hồng Nhung - Phó Giám đốc Khối Bán lẻ Vietcombank đại diện ngân hàng nhận giải thưởng từ Ban tổ chức
Mrs. Doan Hong Nhung -Vice President of Retail Division of Vietcombank representative the bank received the award from the Organizing Committee.

Being simultaneously honored in the above three important awards is a great significance in recognizing the efforts and achievements, as well as the contributions of Vietcombank in the past year. Overcoming the challenges imposed by the Covid-19 epidemic as well as general economic issues, the whole system of Vietcombank has unanimously resolved to accomplish the stated business goals, continually innovating, expediting digital transformation program implementation, investing in digital technology infrastructure, continually launching products and services applying digital technology, blockchain, artificial intelligence, machine learning... to improve service quality and client experience.

From 2020 to the present, Vietcombank has consistently been a pioneer bank, taking the lead in lowering interest rates, assisting enterprise and individual customers affected by the Covid-19 epidemic, assisting customers in recovery and development, and thus joining hands to support economic development, particularly small and medium enterprises (SMEs). Vietcombank has decreased interest rates on VND loans to enterprise and individual customers by up to 1.0% each year, with the implementation period running from November 1, 2022 to December 31, 2022. Following that, the VND lending interest rate will be reduced by up to 0.5% per year for all enterprise and individual loans for a three-month period beginning on May 1, 2023 and ending on July 31, 2023.

Mrs. Doan Hong Nhung -Vice President of Retail Division of Vietcombank representative the bank received the award from the Organizing Committee.
Mrs. Doan Hong Nhung -Vice President of Retail Division (3rd from left) and representatives of Vietcombank Retail Division receive the awards of Retail Banking Forum 2023.

The aforementioned valuable awards are a strong motivator for Vietcombank to continuously develop and improve processes, while also promoting digital transformation activities and promoting its leading role in the economy through various policies to support individual and enterprise customers, thereby contributing to the overall development of the country.

Since 2012, the Vietnam Retail Banking Forum and the Typical Vietnam Bank Awards have presented by IDG International Data Group to celebrate units with remarkable achievements in finance, banking, and fintech. The award selection committee is made up of officials from management agencies as well as respected professionals in finance, banking, and information technology supporting the banking industry.
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