•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Last week, Vietcombank, BIDV, and VietinBank—three of the largest banks in Vietnam’s banking system—held their 2026 annual general meetings (AGMs) and approved their 2025 profit distribution plans. The total amount earmarked for dividends by the three banks is nearly 50,000 billion VND, with the plans subject to approvals from competent authorities.
Vietcombank reported standalone after-tax profit for 2025 of more than 34,506 billion VND. After adjustments, the total distributable profit is about 34,526 billion VND.
The bank allocated 10% (about 3,452 billion VND) to the capital reserves fund and 25% (about 7,768 billion VND) to the development investment fund. It also set aside more than 2,974 billion VND for the reward and welfare fund.
Vietcombank did not set aside a financial reserve fund because the fund has reached the maximum level under regulations. After these allocations, the remaining profit is about 20,331 billion VND, which will be fully used to pay dividends. The plan is awaiting approvals from competent authorities.
VietinBank’s AGM approved using all remaining profit after fund allocations—more than 16,200 billion VND—to pay dividends in the form of shares, thereby increasing the bank’s charter capital. The plan is also subject to approval by competent authorities.
The board was authorized to implement the 2025 profit distribution plan following government approval.
VietinBank noted that this approach is consistent with its prior-year AGM decision, when it sought authorities’ approval to retain all profits from 2024–2028 to boost capital, strengthen financial capacity, and expand room for credit growth.
BIDV’s AGM approved the 2025 profit distribution plan with a focus on strengthening financial capacity and increasing charter capital.
Net profit after tax in 2025 reached 28,445 billion VND. After adjustments, total undistributed profit increased to 28,459 billion VND.
BIDV planned to allocate funds totaling over 15,179 billion VND across the capital reserve fund, financial reserve fund, development fund, and welfare bonuses. After these allocations, remaining profit was about 13,279 billion VND. After currency adjustments, remaining profit before dividends stood at about 13,205 billion VND.
All of this is planned to be paid as stock dividends to increase charter capital, subject to regulatory approval. BIDV also stated it would task the Board of Directors with implementing the plan and determining the timing of the shareholder list and the form of dividend payment after government approval.
Overall, Vietcombank, BIDV, and VietinBank plan to use nearly 50,000 billion VND to pay 2025 dividends. The dividend plans of all three banks require approvals from competent authorities.
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…
