Vietnam

Vietnam's financial system is bank-centred and large relative to the economy: deposit takers held VND27,406tn (about US$1.09tn) of assets at end-2025, some 221% of GDP. The four state-controlled banks, BIDV, VietinBank, Agribank and Vietcombank, held VND11,227tn between them, about 41% of the total, and Agribank remains the main lender to agriculture and rural areas. Joint-stock commercial banks led by MB, VPBank, Techcombank and ACB have gained share through retail, SME and corporate lending; MB's total assets rose 43% in 2025 and VPBank's 36%.