BIDV Affirms Its Position, Contributing to Promoting Vietnam-Korea Economic Cooperation
On April 23, 2026, as part of the South Korean President’s official visit to Vietnam, BIDV participated in a series of important diplomatic and economic events, affirming its role as a solid financial pillar for the FDI business community in Vietnam.
Affirming its Position at the Vietnam-South Korea Economic Forum
At the Vietnam-South Korea Economic Forum, chaired by Prime Minister Le Minh Hung and President Lee Jae Myung, BIDV CEO Le Ngoc Lam joined leaders of leading South Korean and Vietnamese corporations and businesses such as Samsung, LG, SK, Lotte, PVN, EVN, THACO, Sun Group, and others, to discuss new cooperation opportunities amid the deepening phase of the Vietnam-Korea Comprehensive Strategic Partnership. BIDV’s presence at the Forum not only reaffirms its position as a leading financial institution in Vietnam but also demonstrates BIDV’s role as a partner in the process of developing economic cooperation between the two countries.
Speaking at the event, CEO Le Ngoc Lam emphasized that BIDV currently provides comprehensive financial services to over 10,500 foreign-invested enterprises (FIEs) in Vietnam, including nearly 2,000 South Korean companies. With Hana Bank as a strategic shareholder holding nearly 15% of its shares, BIDV has a solid foundation to support South Korean investors throughout the entire investment and production phases. Additionally, BIDV has been designated by the State Bank of Vietnam as the settlement bank for cross-border QR payment services between Vietnam and South Korea, while also providing remittance services to the Vietnamese community in South Korea, thereby helping to strengthen financial connectivity, trade, and optimize the experience for citizens and businesses in both countries.
CEO Le Ngoc Lam affirmed that BIDV wishes to continue partnering with South Korean businesses and investors to jointly promote Vietnam’s economic development and strengthen trade and investment cooperation between the two nations.
BIDV is establishing itself as a pioneering bank and a financial bridge between South Korean businesses and the Vietnamese market
At the Vietnam-Korea Business and Science & Technology Forum, BIDV signed and exchanged three Memorandums of Understanding (MOUs) with Korean partners, thereby establishing a comprehensive cooperation framework in the fields of infrastructure and high-end real estate.
BIDV, along with Hana Bank and KIND, signed a cooperation agreement to provide financial solutions for large-scale infrastructure projects in Vietnam. This agreement not only expands the scope of cooperation in the infrastructure sector but also further affirms and strengthens the sustainable strategic partnership among the parties.
BIDV signed an MOU with GS Engineering & Construction to provide a comprehensive financial solution package for the Zeit River Thu Thiem project, while also supporting the group in its future project development plans in the Vietnamese market.
BIDV also established a partnership with iMarket Korea, focusing on consulting, investment facilitation, and providing financial and banking solutions for the K-Tech Industrial Park project in Phu Tho, as well as other projects of this company in Vietnam, contributing to promoting investment attraction and the development of modern, sustainable industrial infrastructure.
BIDV introduces a range of products and services tailored for FDI
On the sidelines of the Forum, BIDV’s booth showcasing its products and services attracted significant attention from attending delegates. Based on a deep understanding of the investment environment and technological trends in Vietnam, BIDV engaged in direct discussions with representatives of many South Korean conglomerates regarding specific investment needs, thereby further solidifying its position as the leading bank serving the FDI business community in Vietnam.
The series of events concluded with resounding success, once again affirming BIDV’s image as a financial pillar and a bank committed to sustainable development alongside businesses, leaving a strong impression on leaders and the business communities of both Vietnam and South Korea.
