BIDV Highlights
Na m Anh
Proud to develop alongside the nation As the longest-established commercial bank in Vietnam, bearing different names and taking on different tasks to meet the requirements of the country at the time, BIDV boasts a proud history and a solid leading position in the banking system. 1957 – 1981: Founded when the country was active in the period of economic recovery, the Bank for Construction of Vietnam made important contributions to the management and allocation of capital for construction. The Bank for Construction of Vietnam allocated capital for building industrial facilities and construction projects to serve national welfare and people’s livelihoods, contributing to changing the face of North Vietnam. The Bank and the Vietnamese people worked together to complete the tasks of construction in wartime, supplying capital for air defense projects, traffic projects and relocation of important industrial factories. In the period 1975 – 1981, the Bank joined to renovate economic facilities in the South and develop new infrastructure after the war. The bank provided capital for industrial, agricultural, transportation, public welfare projects, and key projects critical for the national economy.
1981 – 1990: On 24 June 1981, the Bank for Construction of Vietnam was transferred from the Ministry of Finance to the State Bank of Vietnam under the new name Bank for Investment and Construction of Vietnam.
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B I D V revie w
In the period 1981 - 1990, the Bank for Investment and Construction of Vietnam improved operational mechanisms for continued development. This was also the period when the bank made strong movements in line with the national renovation in general and the banking
