In 2024, along with unpredictable developments in the international financial market, the Vietnamese economy will also witness many complex and challenging fluctuations. In that context, Vietcombank once again affirmed its leading position and outstanding capacity in the field of foreign exchange trading when it continued to be honored at the LSEG Vietnam FX Awards 2025.
On April 24, 2025, in Hanoi, London Stock Exchange (LSEG) held the annual LPEG Vietnam FX Awards - one of the leading prestigious events in the field of foreign exchange trading in the Asia-Pacific region. At the event, Vietcombank was honored to receive the title of "Best FXall Taker", recognizing the bank with the largest foreign currency transaction turnover on the FXall system in Vietnam in 2024.
FXall is an official trading system in the global foreign exchange market in the form of automatic price matching for professional financial institutions. The Best FXall Taker award is based on LPEGs statistics on the transactions of members on this system.
Speaking at the event, Mr. Dao Xuan Tuan - Director of the Foreign Exchange Management Department, State Bank of Vietnam - affirmed: " LSEG's award is a recognition of outstanding financial institutions, contributing to promoting the transparency and sustainable development of the Vietnamese foreign exchange market. The fact that banks constantly innovate technology and improve the quality of products and services will create a strong driving force for the foreign exchange market to become more professional and deeply integrated with the international community."
Being continuously honored at this prestigious award is a testament to Vietcombank's continuous efforts in developing foreign exchange products, promoting the application of digital technology, providing competitive prices and outstanding services to best serve customers. This is also an affirmation of Vietcombank's pioneering position in the market, accompanying Vietnam's economic development and international integration process.
The former Joint Stock Commercial Bank for Foreign Trade of Vietnam, now the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), was established and officially put into operation on April 1, 1963 with the predecessor, the Central External Trade Administration (under the National Bank of Vietnam). As the first state-owned commercial bank selected by the Government to conduct a pilot equitization, Vietcombank officially operated as a joint stock commercial bank on September 2, 2008 after successfully implementing the equitization plan through the issuance of shares to the public for the first time. On June 30, 2009, Vietcombank shares (VCB stock code) were officially listed at the Ho Chi Minh City Stock Exchange.
