The Vietnam Development Bank (VDB) was established under Decision no.108/2006/QD-TTg of May 19, 2006 by the Prime Minister on the basis of restructuring the Development Assistance Fund (01/01/2000 - 30/6/2006).

• The organization and operation charter and financial mechanism of VDB are in accordance with the Prime Minister’s decision.

• Total assets and equity of VDB are nearly VND 105,000 billion and VND 6,300 billion respectively. VDB now boasts an extensive network of branches and transaction centres nationwide with a focus on financing development projects and exporting enterprises in the sectors of infrastructure and key industries, agriculture, rural areas and disadvantaged areas in line with the socio-economic development strategy of the country. Main lines of business include: investment lending, investment credit guarantee, enteprise credit guarantee, post-investment support, export credit, bid security and export project performance security, etc.

• A comprehensive range of activities are now undertaken by VDB for a strategic goal of becoming a professional bank of the Government in the field of development investment and export, better respondingto investors’ demands and working towards sustainable economic growth; streamlined organization and advanced management practices on the basis of modern technology, financial transparency, attaining international standards for capital and credit safety. VDB’s strategic guidelines in the 2006-2010 period are: Safety and efficiency – International integration - Sustainable Development. In the period of 2006 – 2010, VDB is estimated to supply to the national economy over VND170,000 billion, comprising 9.5% of the total investment capital of the society.