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On April 24, 2026, Viet Nam Joint Stock Commercial Bank for Foreign Trade (Vietcombank) held its 2026 annual general meeting (AGM). Among the items approved was a profit distribution plan for 2025, alongside a proposal to issue new shares to increase charter capital.
Vietcombank reported standalone after-tax profit in 2025 of over 34,506 billion VND. After adjustments from prior years, total distributable profit is about 34,526 billion VND.
The bank approved the following allocations:
Vietcombank did not set aside a financial reserve fund because it has reached the maximum allowed. After these allocations, the remaining profit is about 20,331 billion VND, which will be fully used for dividend distribution. The plan is subject to approval from competent authorities.
At the AGM, the board also presented and approved a plan to issue new shares to increase charter capital by about 10,687 billion VND. The funding source is the accumulated capital reserve up to the end of 2023.
In addition, Vietcombank has two other dividend-in-kind (stock dividend) plans approved at previous AGMs that are still awaiting regulatory approval.
First, the board approved the 2023 profit distribution by stock. After reserves, the remaining profit for 2023 is over 22,770 billion VND, and Vietcombank will use the entire amount to pay stock dividends.
Previously, the board approved the 2022 profit distribution by stock. Using 21,680 billion VND of the remaining 2022 profit (as approved at the 2023 AGM), Vietcombank planned stock dividends for shareholders.
Chairman Nguyen Thanh Tung said Vietcombank is implementing dividend payout plans from accumulated profits up to 2023 and is currently seeking authorities’ approval to use nearly 44,500 billion VND. He noted that this funding is intended to support an increase in charter capital, helping Vietcombank maintain its position as the bank with the largest charter capital in the system.
He also said dividend payments require approvals from multiple authorities due to regulatory requirements, and some plans remain pending. As a result, accumulated profits and the capital reserve fund have expanded year after year.
In October 2025, Vietcombank paid 2024 dividends in cash at a rate of 4.5% (4,500 VND per share), totaling 3,760 billion VND.
In mid-March 2025, the bank announced the list of shareholders to receive stock dividends of more than 2.76 billion shares at a rate of 49.5%. The funding was drawn from profits after tax retained up to 2018 and profits remaining in 2021.
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