Vietnam Joint Stock Commercial Bank for Industry and Trade Analysis (December 2025)

Vietnam Joint Stock ...

HOSE:CTG

₫ 49.500,00

₫-600,00 (-1,20%)

49.500,00 ₫

₫-600,00 (-1,20%)

End-of-day quote: 12/12/2025

Vietnam Joint Stock Commercial Bank for Industry and Trade Stock Value

Analysts currently rate HOSE:CTG as Buy.

Buy

Vietnam Joint Stock Commercial Bank for Industry and Trade Company Info

EPS Growth 5Y

21,78%

Market Cap

₫265.814,59 B

Long-Term Debt

₫35.566,83 B

Annual earnings

01/28/2026

Dividend

₫445,50

Dividend Yield

0,90%

Founded

Data Unavailable

Industry

Financials

Country

Vietnam

Website

Vietnam Joint Stock Commercial Bank for Industry and Trade

ISIN Number

VN000000CTG7

Website

http://www.vietinbank.vn

Analyst Price Target

₫60.250,00

21.72%

Last Update: 12/13/2025

Analysts: 6

Highest Price Target ₫65.400,00

Average Price Target ₫60.250,00

Lowest Price Target ₫47.000,00

In the last five quarters, Vietnam Joint Stock Commercial Bank for Industry and Trade’s Price Target has risen from ₫28.680,01 to ₫42.977,00 - a 49,85% increase. One analysts predict that Vietnam Joint Stock Commercial Bank for Industry and Trade’s share price will increase in the coming year, reaching ₫60.250,00. This would represent an increase of 21,72%.

Top growth stocks in the financials sector (5Y.)

What does Vietnam Joint Stock Commercial Bank for Industry and Trade do?

Vietnam Joint Stock Commercial Bank for Industry and Trade is one of the leading financial institutions in Vietnam. The company has evolved into a modern banking entity that offers a comprehensive range of financial services and products. The company operates under the regulations of the State Bank of Vietnam and adheres to the principles of sustainable development while contributing to the economic growth of the country. The company provides various banking services, including commercial bank...

The company operates under the regulations of the State Bank of Vietnam and adheres to the principles of sustainable development while contributing to the economic growth of the country. The company provides various banking services, including commercial banking, retail banking, investment banking, and corporate banking, catering to individual customers, small and medium-sized enterprises (SMEs), and large corporations.

The company has made significant strides in digital transformation, aiming to enhance operational efficiency and customer experience. The company has invested heavily in technology to modernize its banking services, making them more accessible and user-friendly. The company's digital banking platforms allow customers to perform transactions online, manage accounts, and access financial services conveniently from their devices.

The company is committed to corporate social responsibility, actively participating in initiatives that support community development, poverty alleviation, and environmental sustainability. The company aligns its operations with the United Nations Sustainable Development Goals (SDGs) to ensure that its growth contributes positively to society and the environment.

Business Segments

The company operates through several key business segments that encompass a wide array of financial services. These segments include,

Retail Banking

This segment focuses on providing financial products and services to individual customers. The company offers various personal banking services, including savings accounts, personal loans, credit cards, and mortgage products. The company aims to enhance customer satisfaction by offering competitive interest rates and personalized services.

Corporate Banking

The company serves large corporations and enterprises by providing tailored financial solutions. This segment includes services such as corporate loans, trade finance, cash management, and investment banking. The company works closely with businesses to understand their financial needs and provide effective solutions that support their growth.

Investment Banking

The company’s investment banking division offers services related to capital markets, mergers, and acquisitions, and financial advisory. The company assists clients in raising capital through equity and debt offerings, providing expert guidance throughout the process.

Treasury and Financial Markets

This segment focuses on managing the company's liquidity and financial risks. The company operates in foreign exchange trading, money market operations, and investment in government bonds. The company aims to optimize its financial performance while adhering to regulatory requirements.

International Banking

The company has expanded its services internationally, catering to Vietnamese customers abroad and foreign clients. This segment includes remittance services, foreign currency exchange, and trade financing for international transactions.

Digital Banking

As part of its commitment to innovation, the company has invested in digital banking solutions. The company provides online banking services, mobile banking applications, and digital payment solutions to enhance customer convenience and accessibility.

Through these diverse business segments, the company aims to strengthen its position in the financial market, enhance customer loyalty, and drive sustainable growth.

Business Strategy

The company’s business strategy revolves around several core objectives aimed at enhancing its market position and ensuring long-term sustainability. The company focuses on digital transformation as a key driver of growth. By leveraging advanced technologies, the company aims to streamline its operations, improve service delivery, and enhance customer engagement. The company is committed to investing in digital banking platforms that provide seamless experiences for customers, allowing them to access financial services conveniently.

The company emphasizes customer-centricity in its approach, aiming to understand and meet the evolving needs of its diverse customer base. The company conducts regular market research and analysis to identify trends and preferences, enabling it to develop innovative products and services that resonate with customers.

Sustainability is another critical aspect of the company’s strategy. The company actively integrates environmental, social, and governance (ESG) principles into its operations. The company is committed to financing projects that contribute to sustainable development, such as renewable energy initiatives and community development programs. The company believes that responsible banking practices not only benefit society but also enhance its reputation and long-term profitability.

Furthermore, the company focuses on expanding its international presence. The company aims to strengthen its global footprint by establishing partnerships with foreign banks and financial institutions. This strategy allows the company to tap into new markets, diversify its revenue streams, and better serve its customers with cross-border financial solutions.

Products and Services

The company offers a comprehensive range of products and services designed to meet the diverse needs of its customers. The company's offerings include,

Personal Banking Products

The company provides various personal banking solutions, including savings accounts, fixed deposits, personal loans, home loans, and credit cards. The company aims to offer competitive interest rates and flexible terms to attract individual customers.

Corporate Banking Solutions

The company caters to businesses with tailored financial products, including working capital loans, trade finance solutions, cash management services, and investment banking advisory. The company works closely with corporate clients to understand their financial needs and provide effective solutions.

Investment Products

The company offers investment products such as government bonds, mutual funds, and structured financial products. The company provides investment advisory services to help customers make informed decisions about their investment portfolios.

Digital Banking Services

The company has invested in digital banking solutions, allowing customers to access banking services online and through mobile applications. The company digital platforms enable customers to perform transactions, manage accounts, and access financial information conveniently.

International Banking Services

The company provides international banking solutions, including foreign currency exchange, remittance services, and trade financing for cross-border transactions. The company aims to facilitate global trade and support Vietnamese businesses operating abroad.

Insurance Products

The company offers various insurance products in partnership with leading insurance providers. These products include life insurance, health insurance, and property insurance, providing customers with comprehensive coverage options.

Through its diverse range of products and services, the company aims to enhance customer satisfaction, build long-term relationships, and drive sustainable growth.

Geographical Markets Served

The company primarily serves the Vietnamese market, with a vast network of branches and ATMs across the country. The company has established a strong presence in urban and rural areas, ensuring accessibility to its financial services for a wide range of customers.

In addition to its domestic operations, the company has expanded its services internationally, catering to Vietnamese expatriates and foreign clients. The company has established partnerships with banks and financial institutions in various countries, enabling it to offer cross-border financial solutions.

Customers

The company serves a diverse customer base, including individual consumers, small and medium-sized enterprises (SMEs), and large corporations. The company has established a strong reputation for providing quality financial services that cater to the unique needs of its customers. The company’s commitment to customer satisfaction is reflected in its efforts to offer personalized services and innovative products.

Sales and Marketing

The company employs a multi-channel distribution strategy to reach its customers effectively. The company utilizes traditional banking channels, including physical branches and ATMs, alongside digital channels such as online banking and mobile applications. The company operates in marketing campaigns to promote its products and services, leveraging both digital and traditional media to enhance brand visibility and attract new customers.

History

The company was founded in 1988. It was formerly known as Vietnam Bank for Industry and Trade and changed its name to Vietnam Joint Stock Commercial Bank for Industry and Trade in July 2009.

Vietnam Joint Stock Commercial Bank for Industry and Trade Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Banking sector: 70% Insurance services: 15% Investment banking: 10% Other financial services: 5% TOP 3 Markets: Vietnam: 60% China: 20% Southeast Asia (excluding Vietnam): 15% Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) generates the majority of its revenue from tradi...

At which locations are the company’s products manufactured?

Production Sites: Mainly in Vietnam Vietnam Joint Stock Commercial Bank for Industry and Trade, also known as VietinBank, is a bank and not a manufacturing company. Therefore, it does not produce physical products. Its "products" are financial services primarily offered in Vietnam. These i...

What strategy does Vietnam Joint Stock Commercial Bank for Industry and Trade pursue for future growth?

Current Growth Strategy: Digitization and Sustainable Financing The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is pursuing a growth strategy that heavily focuses on digitization and sustainable financing. In the field of digitization, the bank is investing in modern tech...

Which raw materials are imported and from which countries?

Imported raw materials/materials: Mainly technical equipment, IT systems, and office supplies. Main importing countries: China, South Korea, Japan. Vietnam Joint Stock Commercial Bank for Industry and Trade, also known as VietinBank, is primarily active in the banking sector and therefore does not i...

How strong is the company’s competitive advantage?

Market share: 10% (estimated, 2025) Return on equity (ROE): 15% (2024) Cost-Income Ratio: 40% (2024) Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has a significant competitive advantage due to its strong market position as one of the largest banks in Vietnam. With an estim...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Share: 45% (estimated 2025) Insider Buys/Sells: No significant transactions in the last year (2025) The institutional investor share in the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is estimated to be around 45%. This figure reflects the interest...

What percentage market share does Vietnam Joint Stock Commercial Bank for Industry and Trade have?

Market share of Vietnam Joint Stock Commercial Bank for Industry and Trade (CTG): 12% (2025, estimated) Top competitors and their market shares: Vietcombank (HOSE:VCB): 15% BIDV (HOSE:BID): 14% Techcombank (HOSE:TCB): 10% VPBank (HOSE:VPB): 9% MB Bank (HOSE:MBB): 8% Sacombank (HOSE:STB): 7% ACB (HO...

Is Vietnam Joint Stock Commercial Bank for Industry and Trade stock currently a good investment?

Revenue Growth: 10% (2024) Profit Growth: 8% (2024) Return on Equity: 15% (2024) The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) recorded solid revenue growth of 10% in 2024. This indicates strong operational performance and an effective market strategy. The 8% profit gro...

Does Vietnam Joint Stock Commercial Bank for Industry and Trade pay a dividend – and how reliable is the payout?

Dividend Yield: 4.5% (estimated for 2025) Dividend History: Regular payouts in recent years The Vietnam Joint Stock Commercial Bank for Industry and Trade, known as VietinBank, has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be 4.5% for the...

Vietnam Joint Stock Commercial Bank for Industry and Trade Stock Value

Vietnam Joint Stock Commercial Bank for Industry and Trade Company Info

Analyst Price Target

Top growth stocks in the financials sector (5Y.)

What does Vietnam Joint Stock Commercial Bank for Industry and Trade do?

Vietnam Joint Stock Commercial Bank for Industry and Trade Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal