Is BIDV profitable in 2025?

Yes. BIDV posted 2025 pre-tax profit of about VND36 trillion (roughly $1.37bn), ranking third among Vietnamese banks behind Vietcombank and VietinBank, per data reported 22 January 2026 by theinvestor.vn.

The Vietnamese state holds 79.56% of BIDV as of 30 June 2025, with South Korea's KEB Hana Bank holding 14.74% and other shareholders splitting the remainder, per BIDV's own Q2 2025 investor presentation.

Is BIDV Vietnam's biggest bank?

Yes. BIDV is Vietnam's largest bank by total assets, reaching about VND3,250 trillion (roughly $123.7bn) at end of 2025, up from VND2.76 quadrillion (about $108.7bn) at end 2024, per theinvestor.vn.

Could AI replace BIDV?

No. BIDV's licensed deposit-taking and state-backed systemic status cannot be replicated by AI. It is instead deploying AI internally, launching an embedded AI assistant in its SmartBanking app in a relaunch reflected in a Google Play update dated 20 December 2025.

Who is BIDV's biggest competitor?

Vietcombank leads Vietnamese bank brand and profit rankings (2025 pre-tax profit ~VND45tn vs BIDV's ~VND36tn), while private bank VPBank posted the fastest asset growth in the sector, +36.4% YoY to about VND1,260 trillion in 2025, per theinvestor.vn.

Is BIDV's state ownership going to fall?

BIDV completed a private placement of 123,846,649 shares in February 2025 as part of a plan targeting roughly 3.84% of charter capital through 2025-2026, a gradual dilution step, though state ownership stood at 79.56% as of 30 June 2025.

Insurance companies · state-owned · Vietnam

BIDV

bidv.com.vn ↗

Vietnam's largest bank by assets, majority state-owned, serving retail and SME clients nationwide.

Hard to displace

Assessed 25 July 2026 · Evidence as of 25 July 2026

Strong structural protection; the business model survives ai pressure.

On the recordSince 25 July 2026 · Checkable from H1 2026 · Every call on the record Checkpoint: H1 2026 NPL print and first strategic decisions from new Chairman Le Ngoc Lam

The call

BIDV's size and state backing keep it standing, but AI-enabled private banks are chipping at its brand lead and margins.

BIDV is Vietnam's largest bank with about $124 billion in assets and government ownership of nearly 80%, making it the go-to lender for small businesses across the country. Smaller private banks like VPBank and Techcombank are growing faster and winning customer preference, while AI tools are automating routine banking tasks like paperwork and customer calls, but neither can replace BIDV's government license or deposit base. The one thing that could shift the picture is if bad loans from real estate and corporate borrowers spike, or if the government keeps diluting the bank's stock through new share offerings while allowing private competitors to grab market share.

Why

AI pressure: AI-driven digital banking tools at Techcombank, VPBank, and fintech apps. AI agents now handle KYC and customer service at rivals, letting leaner digital banks undercut BIDV's branch-heavy retail model. Could AI do the core job? Unlikely.

Bigger players: VPBank, Techcombank. VPBank's assets grew 36.4% YoY and BIDV has slipped to #3 in consumer brand surveys behind Vietcombank and MB Bank. Could a giant copy it? No, they are blocked.

What protects it. State ownership (79.56%), systemic-bank status, and control of about 40% of Vietnam's SME banking relationships.

What would change this call

BIDV's consumer brand ranking in next annual Vietnam bank survey. Falling below #3 would confirm private rivals are winning retail mindshare.
VPBank and Techcombank asset growth rates in 2026 filings vs BIDV's. Continued gap shows private banks outpacing BIDV in balance sheet expansion.
BIDV's H1 2026 NPL print versus its 1.4% target. A miss would show credit quality slipping relative to state-bank peers.

Key numbers

Total assets: VND 3,250 trillion (~$123.7bn) (2025-12-31)
State ownership: 79.56% (2025-06-30)
SME clients: ~388,000, ~40% of Vietnam's SME base (2024-09-30)

Named risks

NPL ratio (1.68-1.93%) already above BIDV's own 1.4% target, real-estate/corporate exposure. Severity: medium
Ongoing capital raises and share placements through 2026 gradually dilute state ownership. Severity: medium
New Chairman and General Director installed July 2026 could bring strategic drift. Severity: low
Brand and growth momentum losses to private banks like VPBank and Techcombank. Severity: medium
Reliance on net interest income (~86% of operating income) exposes margin sensitivity to rate cycles. Severity: medium

Rivals, as read in July 2026

Rival	Direction	Evidence
Vietcombank	losing to	Vietcombank #1 in profit (~VND45tn) and brand rank vs BIDV's #3, as of Jan-Mar 2026
VPBank	gaining on	VPBank assets grew +36.4% YoY to ~VND1,260 trillion in 2025, fastest in sector
Techcombank	gaining on	Noted gaining brand momentum in March 2025 Decision Lab consumer survey
MB Bank	losing to	MB ranked #2 in consumer brand survey vs BIDV's #3, March 2025

Questions people ask

Is BIDV profitable in 2025?: Yes. BIDV posted 2025 pre-tax profit of about VND36 trillion (roughly $1.37bn), ranking third among Vietnamese banks behind Vietcombank and VietinBank, per data reported 22 January 2026 by theinvestor.vn.
Who owns BIDV?: The Vietnamese state holds 79.56% of BIDV as of 30 June 2025, with South Korea's KEB Hana Bank holding 14.74% and other shareholders splitting the remainder, per BIDV's own Q2 2025 investor presentation.
Is BIDV Vietnam's biggest bank?: Yes. BIDV is Vietnam's largest bank by total assets, reaching about VND3,250 trillion (roughly $123.7bn) at end of 2025, up from VND2.76 quadrillion (about $108.7bn) at end 2024, per theinvestor.vn.
Could AI replace BIDV?: No. BIDV's licensed deposit-taking and state-backed systemic status cannot be replicated by AI. It is instead deploying AI internally, launching an embedded AI assistant in its SmartBanking app in a relaunch reflected in a Google Play update dated 20 December 2025.
Who is BIDV's biggest competitor?: Vietcombank leads Vietnamese bank brand and profit rankings (2025 pre-tax profit ~VND45tn vs BIDV's ~VND36tn), while private bank VPBank posted the fastest asset growth in the sector, +36.4% YoY to about VND1,260 trillion in 2025, per theinvestor.vn.
Is BIDV's state ownership going to fall?: BIDV completed a private placement of 123,846,649 shares in February 2025 as part of a plan targeting roughly 3.84% of charter capital through 2025-2026, a gradual dilution step, though state ownership stood at 79.56% as of 30 June 2025.

Timeline

2026-07-01Le Ngoc Lam installed as Chairman, Hoang Viet Hung as General Director by SBV Governor
2026-03-06Vietcombank ranks 134th in Brand Finance Banking 500, down 7 places from 2025
2026-01-22BIDV assets hit VND3,250 trillion; 2025 pre-tax profit VND36 trillion, ranks 3rd nationally
2025-12-20BIDV SmartBanking app relaunched with first embedded AI assistant chatbot
2025-06-30State ownership 79.56%, KEB Hana Bank 14.74%, per BIDV Q2 2025 IR deck
2025-03-19Decision Lab survey ranks BIDV 3rd in Vietnam bank brand behind Vietcombank and MB
2025-02-28BIDV completes private placement of 123,846,649 shares
2024-12-31BIDV total assets reach VND2.76 quadrillion, up 20% YoY; retail customers hit 21.48 million
2024-11-30BIDV signs cooperation agreement with KiotViet
2019-01-01KEB Hana Bank buys 15% strategic stake in BIDV for about VND20.3 trillion

Revision history

25 July 2026

First assessed. Hard to displace. The text above is fixed as of this date and is not edited afterwards.

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