BIDV News

BIDV and Stavian Group sign comprehensive cooperation agreement for 2026-2030

Minh Ngoc Feb, 02,2026 08:28

The event marks a milestone in the 15-year strategic relationship between Vietnam's oldest financial institution and the region's leading multinational industrial group

On January 31, 2026, in Hanoi, BIDV and Stavian Group Joint Stock Company (Stavian Group) signed a comprehensive cooperation agreement. Attending the ceremony were Mr. Le Ngoc Lam, General Director of BIDV, and members of the Board of Directors. On the partner side, Mr. Dinh Duc Thang, Chairman of the Board of Directors and General Director of Stavian Group, along with leaders of member units, were present. This is a significant event, opening a phase of deeper and more substantive cooperation between the two sides based on trust and sustainable development.

Speaking at the event, Mr. Le Ngoc Lam emphasized that the cooperative relationship between the two parties has been established since 2012. Through this journey, BIDV has now directed credit to 16 member units of Stavian Group with a total value of over VND 8,000 billion. Mr. Lam affirmed that, as the bank with the largest total assets in Vietnam, exceeding VND 3.2 million billion, BIDV is ready to dedicate its best resources to support Stavian in expanding its operations and affirming its position in the international arena.

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Mr. Le Ngoc Lam, General Director of BIDV, emphasized the cooperative relationship between the two parties.

Under the cooperation agreement for the 2026-2030 period, BIDV commits to prioritizing the arrangement of capital financing for Stavian Group, including activities such as industrial zone infrastructure development, production of plastic pellets, paper, and packaging, as well as meeting capital needs for production and business operations. In addition to credit, BIDV will provide comprehensive and integrated financial solutions such as banking, securities, insurance, bond issuance consulting, and centralized cash flow management with modern technology platforms.

Mr. Dinh Duc Thang, representative of Stavian Group, shared the Group's impressive development journey from 2009 to the present. Stavian has now become a multinational industrial-technology-commercial group with revenue reaching approximately USD 2.5 billion in 2024, owning more than 10 manufacturing plants and commercial presence in nearly 30 countries. Mr. Thang expressed his confidence that the new cooperation framework will create a solid foundation for both parties to implement key projects, particularly in the fields of industry, high technology, and energy transition.

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Mr. Dinh Duc Thang - Chairman of the Board of Directors and CEO of Stavian Group shares the development journey

This signing event not only demonstrates the effective cooperation between BIDV and Stavian Group in the past but also embodies the goal of "Partnership – Development" for the future. The synergy between BIDV's strong financial capabilities and Stavian's production and business capabilities promises to deliver tangible results, contributing positively to the country's overall economic and social development.

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Comprehensive cooperation agreement signing ceremony between BIDV and Stavian Group
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