BIDV and TTC Group Sign Comprehensive Cooperation Agreement

Under the agreement, BIDV and TTC will strengthen cooperation by fully leveraging each party’s strengths, potential, and experience. BIDV commits to providing comprehensive, modern, and integrated financial solutions and banking services, while serving as the primary arranger of capital for TTC’s investment projects and effective production and business plans. The bank will also implement preferential policies specifically for TTC Group employees, roll out digital platforms, and provide high-quality retail banking services to facilitate TTC’s business and sales operations.

On TTC’s part, the company prioritizes selecting BIDV as its strategic financial partner for the Group’s multi-sector investment and business activities, as well as for the ecosystem of its member companies across sectors such as agriculture, energy, real estate, tourism, education, and other industries. Both parties will also closely coordinate on financial management, information sharing, experience exchange, and product development, aiming for sustainable and effective growth.

Speaking at the signing ceremony, Mr. Le Ngoc Lam, CEO of BIDV, emphasized that the comprehensive cooperation agreement is a testament to the trust, partnership, and commitment to sustainable development between BIDV and TTC. This is not only a strategic milestone but also a foundation for the two parties to promote deep and effective cooperation in the coming period, contributing positively to the country’s socio-economic development.

Impressed by BIDV’s 70-year history, Mr. Dang Van Thanh, Chairman of TTC Group, shared at the event that signing the comprehensive cooperation agreement for the 2026–2031 period is an extremely appropriate decision given the current context of the global economy undergoing significant transformation. TTC and BIDV have a strong foundation of close ties; therefore, this signing will elevate the bilateral relationship, aligning with the strategic directions and objectives of both parties.

The agreement between BIDV and TTC Group further reaffirms their commitment to working together toward the effective implementation of both parties’ strategies for the 2026–2031 period. Building on the positive results achieved, the relationship between the two parties continues to be strengthened, opening up opportunities for further development. This signing is expected to promote sustainable growth, enhance economic efficiency, and bring tangible benefits to the community and society.

With 47 years of establishment and development, TTC is a diversified investment group operating in six key sectors: (1) Agriculture (HOSE: SBT), (2) Energy (HOSE: GEG; GHC), (3) Real Estate (HOSE: SCR), (4) Industrial Real Estate, (5) Tourism (HOSE: VNG), (6) Education, as well as other sectors such as commerce, logistics, construction, steel structures, healthcare, and more. With a focus on sustainable growth and a commitment to “For the Community, Local Development,” TTC adheres to ESG standards, steadfastly pursuing a balance between economic efficiency, sustainable development, and social responsibility.