Brand Finance: Sacombank in the top 22 most valuable brands in Vietnam

Brand Finance has just announced the ranking of "Top 100 most valuable brands in Vietnam", Sacombank 's brand value increased by 3 places and entered the Top 22 most valuable brands in Vietnam in 2024. The ranking was announced at the Vietnam Global Brand Summit event co-organized by Brand Finance and Vietnam Brand Purpose on the morning of October 11, 2024 in Ho Chi Minh City. According to Brand Finance ( the world's leading brand valuation consulting company), although the market is still facing many challenges and domestic demand is weakening, the Vietnamese banking industry still has good growth, 17/20 banks in the ranking recorded brand value growth. Compared to 2023, the brand value of all 20 banks in the Top 100 increased by 10%, to 13.8 billion USD.

Brand Finance: Sacombank in the top 22 most valuable brands in Vietnam.

In which, Sacombank achieved a brand value growth rate of over 20%, reaching 473 million USD; Brand Rating was classified as AA+; Brand Strength Index with 77.31 points. Thereby, Sacombank ranked in the Top 22 Most Valuable Brands in Vietnam in 2024 and Top 9 Most Valuable Banking Brands in Vietnam in 2024. Sharing about the Brand Finance rankings, Mr. Ha Van Trung - Deputy General Director of Sacombank - commented: “Continued progress on the Brand Finance rankings is a worthy recognition for the development efforts not only in terms of brand value but also the growth potential and trust of customers for Sacombank. The value and strength of the Sacombank brand will continue to make stronger strides after the restructuring journey. Sacombank will innovate comprehensively, increase investment in technology, products and improve service quality, bringing many outstanding values to customers, partners and shareholders in a sustainable direction, getting closer to the goal of becoming the leading modern and multi-functional retail bank in Vietnam. Previously in March 2024, Sacombank was also ranked by Brand Finance 322/500 Banks with the world's leading brand value, up 100 places compared to 2020 - the first year Sacombank entered the rankings. The above important rankings not only affirm Sacombank's development position but also demonstrate the bank's potential and outstanding competitiveness in both domestic and international markets. Source: https://baodautu.vn/brand-finance-sacombank-vao-top-22-thuong-hieu-gia-tri-nhat-viet-nam-d227379.html