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VIB relocates headquarter to Ho Chi Minh City

18/12/2018

From December 17, 2018, VIB has officially relocated headquarter to Sailing Tower, 111A Pasteur, Ben Nghe Ward, District 1, Ho Chi Minh City.

Previously, VIB’s headquarter relocation plan from Corner Stone Building, 16 Phan Chu Trinh Street, Hoan Kiem District, Ha Noi to Ho Chi Minh City was approved by shareholders and the Governor of the  State Bank of Vietnam (SBV).

VIB’s headquarter is located in the heart of District 1, Ho Chi Minh City, which is convenient for traffic, expected to serve and better meet customers’ requirements in the area.

Mr. Han Ngoc Vu, VIB’s CEO said: “Ho Chi Minh city is the center of southern economy, having the role to connect and support other cities to develop. This is also the regional and national center of international trade, culture, creative knowledge, scientific research, high technological transfer, creative industry; international center of tourism, finance-commerce and logistics. Therefore, VIB’s headquarter relocation from Ha Noi to Ho Chi Minh City is in the strategy to promote business development and enhance the bank’s brand in the area.”

Recently, VIB has received positive appreciation from local and international organizations: The Banker Magazine (UK) has awarded VIB as “Bank of the Year” in two consecutive years; Moodys has continuously taken rating actions on VIB in recent years. Lately, VIB has become the first private commercial joint stock bank in Vietnam to be approved by the SBV to apply Basel II. This is the result of the effort and determination of nearly 5,300 staffs to serve more than 2,3 million corporate and retail customers with the nation-wide network of 163 branches in 27 core provinces all over the country.

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