Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on Wednesday held its 2026 AGM, targeting over VNĐ41.3 trillion (about US$1.65 billion) in pre-tax profit and the system’s highest charter capital.
VPBank is officially expanding its strategic partnership with Western Union to deploy real‑time remittance payout services to e‑wallets and bank accounts in Việt Nam, aiming to deliver a seamless, fast, secure and convenient digital experience for millions of retail customers.
The launch of the VPBank MWG Mastercard credit card underscores the shared commitment to advancing secure, relevant and everyday digital payment experiences in Việt Nam.
Mastercard and Shopee Vietnam, on February 4, announced a five-year strategic collaboration, marked by the launch of the VPBank S Rewards Mastercard card, Mastercard’s first card linked to Shopee in Việt Nam.
At the annual Mastercard event held last week, VPBank emerged as the bank with the highest number of awards in 2025, reflecting its strong momentum across the payment ecosystem and the effectiveness of its customer-centric strategy.
This solution is designed to help public agencies and administrative centers modernise their payment processes, enhance transparency, and provide citizens with a more convenient and secure payment experience.
Chairman of SMEDF''s Board of Members Phạm Xuân Kiên highlighted that SMEs account for about 98 per cent of all businesses in the country, significantly contributing to the GDP.
VPBank has been named as one of the 500 largest companies in Southeast Asia, according to Fortune 500 rankings dedicated to the region, in recognition of the the bank''s significant presence and influence in the financial sector of Southeast Asia.
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