On the afternoon of October 28, 2025, in Hanoi, Vietnam Report JSC, in coordination with VietNamNet Newspaper – Ministry of Information and Communications, officially held the Announcement Ceremony of the Top 500 Most Profitable Enterprises in Vietnam 2025 (PROFIT500). This marks the ninth consecutive year the program has been organized to recognize and honor enterprises that demonstrate efficient, sustainable business performance and strong profitability amid ongoing economic challenges.

Launched in 2017, the PROFIT500 ranking is developed based on independent research and evaluation conducted by Vietnam Report in accordance with international standards. The ranking aims to honor dynamic and exemplary enterprises that achieve outstanding business performance, maintain strong profitability, and serve as key pillars of Vietnam’s economy. The program also contributes to promoting the image and brand reputation of Vietnamese enterprises to both domestic and international communities.

Notably, 2025 marks a significant milestone as Indovina Bank Ltd. (IVB) not only maintained its position in the Top 500 Most Profitable Enterprises in Vietnam, but was also honored for the first time in the Top 50 Vietnam Best Profitable Enterprises.

This double achievement reflects IVB’s remarkable progress in enhancing operational efficiency and maintaining stable, sustainable growth during the 2024–2025 period, further reinforcing its solid position in Vietnam’s financial and banking market.

This recognition holds even greater significance as it was awarded just ahead of IVB’s 35th Anniversary, marking a resilient development journey steadfastly aligned with the Bank’s slogan: “Growing Sustainably Together.”

At the ceremony, Mr. Mai Pham Tuan – Deputy General Director, and Mr. Tran Xuan Ngoc – Director of Treasury Division, represented all IVBers to attend and receive this prestigious recognition.

This achievement is not only a source of pride but also a strong motivation for the entire IVB team to continue striving forward, further strengthening the value and reputation of the Indovina Bank brand.

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