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Techcombank maintains its leadership in customer engagement and posted a record level of net fee income (NFI) in Q1 2026, rising more than 46% year on year and outpacing the sector amid challenging conditions. This underscores a business model that is not only larger but also more sustainable, diversified and closer to the Asia-leading standards Vietnam is aiming for. In 2025 Techcombank completed its five-year strategy transformation, with a record pre-tax profit of VND 32,538 billion. The bank continued to perform strongly in early 2026. In Q1 2026, Techcombank’s pre-tax profit reached nearly VND 8,900 billion, up about 23% YoY, the highest quarterly pre-tax profit in the bank’s history. A key highlight was a record surge in fees. NFI grew 47% to VND 3,600 billion. Notably, life insurance fees jumped 103.4% after three months of comprehensive rollout. As Vietnam’s banking sector moves into the “30 trillion dong profit club” era, growth in net fee income confirms a qualitative shift in the income mix, reflecting deeper brand strength built through years of investment in digital platforms, data, asset management, capital markets, insurance and transaction banking. Techcombank’s sustainable leadership in NFI, along with the system’s highest ROA and leading CASA ratio, indicates a business model that is not only larger but more sustainable, diversified and closer to the standards of leading banks in Asia that Vietnam is aiming for. With Vietnam targeting GDP growth above 8% and further development of the capital market, banks that generate revenue beyond lending will lead. Techcombank is not only leading but pioneering new standards for the industry. Highlights from the ten-year strategy show that NFI growth is supported by a mature ecosystem spanning digital platforms, data analytics, asset management, capital markets, insurance and transaction banking.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
