The honor list is built from the PRIVATE 100 and VNTAX 200 systems - the only two honor lists that comprehensively reflect the level of contribution of enterprises to the national budget. This is the honor system for the largest budget-paying enterprises in Vietnam announced annually by CafeF, to recognize the contributions of enterprises to the state budget and economic development with a review process based on large, public, transparent databases and recognized by many professional agencies. This makes the announcement results not only commendable, but also a reliable measure of the financial health and social responsibility of enterprises.
Notably, the group of 20 leading enterprises contributed about 40% of the total national budget revenue. This figure shows the special stature of Agribank when together with a small group of enterprises, they play a key role, creating a financial foundation for the State to implement policies on social security, health, education, infrastructure and international integration.
The composition of the Top 20 clearly reflects the diversity, including state-owned enterprises, private enterprises, and FDI enterprises. However, units with large financial scale and stable contributions for many years are still the pillars, including Agribank.
Agribank's presence in the Top 20 is not only a remarkable achievement, but also a strong affirmation of the sustainable strength and pivotal role of Vietnam's leading commercial bank.
According to the 2024 financial report, Agribank will achieve total assets of approximately VND 2.2 million billion, an increase of nearly 10% compared to 2023. Capital mobilized from the economy exceeds VND 2 million billion, an increase of 7.5%, while outstanding credit balance reaches about VND 1.72 million billion, an increase of 11%.
In particular, more than 65% of Agribank's outstanding credit is focused on the agricultural and rural sectors - the area considered the "backbone" of the economy, thereby continuing to affirm Agribank's mission and pioneering position in developing "Agriculture and Rural Development" and accompanying the country's development.
Credit quality is well controlled with a bad debt ratio of 1.56%, aiming to reduce it to below 1% in 2025. Equity reached VND 126 trillion, charter capital VND 51.6 trillion, pre-tax profit VND 27,567 billion, up 8% over the previous year. These figures confirm that Agribank is not only the largest state-owned commercial bank but also one of the enterprises that contributes stably and sustainably to the national budget.
The difference of Agribank lies in its mission: with more than 2,200 branches and transaction offices nationwide, the bank brings credit capital to remote areas - places closely associated with agricultural life.
While many other banks focus on maximum profit, Agribank chooses to combine business efficiency with political and social responsibility. The priority capital for “three agriculture” has supported millions of households, small businesses and cooperatives. Therefore, Agribank’s presence in the Top 20 not only affirms its financial capacity but also demonstrates its role as an “extended arm” in implementing agricultural and rural development policies.
Agribank’s inclusion in the Top 20 largest budget-paying enterprises in Vietnam in 2025 not only affirms its financial strength, but also clearly demonstrates the role of the “S – Social” pillar in ESG. Budget payments and preferential credit programs and community support have turned Agribank’s business results into practical and sustainable social values.
Agribank’s large budget contributions not only strengthen national resources, serve investments in healthcare, education, and social security, but also go hand in hand with preferential credit programs for poor households, ethnic minorities, or support activities for natural disasters and epidemics. Thereby, Agribank realizes its social responsibility, spreading human values beyond financial figures.
The Organizing Committee honored the businesses in the top 20 largest budget-paying businesses in Vietnam.
Being honored in the Top 20 also affirms Agribank's leading position: the largest state-owned commercial bank, leading in terms of asset size, network, credit balance and its pivotal role in macroeconomic stability. This achievement further motivates Agribank to promote innovation, digital transformation, towards a green-sustainable banking model, while affirming its commitment to accompany the Government in socio-economic development and comprehensive community responsibility.
Source: https://nhandan.vn/agribank-lot-top-20-doanh-nghiep-nop-ngan-sach-lon-nhat-viet-nam-2025-post906943.html
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