BIDV and DOHACO Elevate Strategic Partnership
On June 26, 2026, in Vinh Long, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Dong Ha Ben Tre Joint Stock Company (DOHACO) officially signed a comprehensive cooperation agreement for the 2026-2031 period. This event marks a significant development, opening a new phase in the strategic partnership between two leading entities in the financial and agricultural sectors.
Details of the Historic Signing Ceremony
The comprehensive cooperation agreement signing ceremony took place in a solemn and meaningful atmosphere in Vinh Long. The event was attended by senior leadership from both BIDV and DOHACO, along with representatives from local management agencies and strategic partners.
Mr. Nguyen Ngoc Bao, Chairman of the Board of Directors of BIDV, emphasized: "The comprehensive cooperation agreement with DOHACO is part of BIDV's strategy to expand and diversify its network, especially in the agricultural sector - a strength of Vietnam. We believe that the combination of BIDV's financial potential and DOHACO's production strengths will create significant value for both parties and the community."
Ms. Tran Thi Mai, Chairwoman of the Board of Directors of DOHACO, added: "The cooperation with BIDV not only brings strong financial resources but also opens up opportunities to access modern banking services and comprehensive financial solutions. This is a strategic move that will help DOHACO enhance its competitive capacity and expand production scale in the coming period."
Introduction to BIDV - Vietnam's Leading Bank
The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is one of the largest commercial banks in Vietnam, with an extensive network nationwide and diverse operations in various financial-banking sectors.
- Founded in 1957, BIDV has over 60 years of development history
- Total assets exceeding 1.2 million billion VND (as of the end of 2025)
- Operational network with over 600 branches and transaction offices nationwide
- Workforce of more than 25,000 employees
- Among the top 3 largest joint-stock commercial banks in Vietnam
BIDV has always been at the forefront of applying financial technology, providing modern digital banking solutions to meet the increasingly high demands of individual and corporate customers.
Introduction to DOHACO - Leading Agricultural Group in the Mekong Delta
Dong Ha Ben Tre Joint Stock Company (DOHACO) is one of the leading agricultural enterprises in the Mekong Delta region, with strengths in producing and processing clean agricultural products.
- Founded in 1995 in Ben Tre
- Specializes in production, processing, and export of agricultural products
- Particularly strong in coconut, fruits, and aquatic products
- Production network spanning 13 provinces and cities in the Mekong Delta
- Exports products to over 20 countries and territories
DOHACO always focuses on applying technology to clean agricultural production, building a closed value chain from farm to table, ensuring product quality and traceability.
Content of Comprehensive Cooperation for the 2026-2031 Period
The comprehensive cooperation agreement between BIDV and DOHACO includes many important contents, focusing on key areas:
| Cooperation Area | Detailed Content |
|---|---|
| Financing and Investment | - Providing preferential credit package worth 5,000 billion VND - Supporting investment in clean agricultural technology - Financing for production expansion projects |
| Banking Services | - Providing comprehensive financial solutions - Developing digital banking products for farmers - Supporting electronic payments and cash flow management |
| Digital Transformation | - Building smart agriculture platform - Developing product traceability applications using blockchain - Training farmers on digital technology |
| Export and Markets | - Supporting new export market search - Connecting with international partners - Developing Vietnamese agricultural product brands |
Special Financial Solutions for Agriculture
Within the framework of cooperation, BIDV will implement special financial solutions for the agricultural sector, including:
- Preferential credit packages with interest rates 1-2% lower than the general market rate
- Flexible lending policies with grace periods of up to 12 months
- Comprehensive agricultural insurance products
- Financial support for agricultural product supply chains
Technology Applications in Cooperation
Both parties will jointly develop and apply advanced technological solutions to production and business:
- Building smart farming systems
- Developing product traceability platforms using blockchain technology
- Applying AI in market forecasting and production management
- Building smart logistics systems for agricultural products
Significance and Impact of the Cooperation
For BIDV
The cooperation with DOHACO helps BIDV:
- Expand market share in the agricultural sector - one of Vietnam's key economic sectors
- Diversify revenue sources and customer structure
- Enhance service capacity for small and medium-sized enterprises
- Accelerate technology application in financial services
For DOHACO
DOHACO will receive many practical benefits from cooperation with BIDV:
- Ensure stable capital sources for production development
- Access to modern financial solutions
- Enhance competitive capacity through technology
- Expand export markets and product consumption
For Vietnam's Agricultural Sector
This cooperation is expected to have a positive impact on the entire Vietnamese agricultural sector:
- Promote digital transformation in agriculture
- Improve the value and quality of agricultural products
- Enhance competitiveness in international markets
- Create sustainable value chains for farmers
Cooperation Prospects for the 2026-2031 Period
During the 2026-2031 period, BIDV and DOHACO set cooperation targets to achieve specific achievements:
| Indicator | Target by 2031 |
|---|---|
| Investment Capital | - Total investment: 10,000 billion VND - Financing for at least 50 agricultural projects |
| Production Expansion | - Increase production area by 30% - Develop at least 5 key products |
| Export | - Increase export value by 50% - Expand markets to 30 countries |
| Technology | - Convert 100% of production to high-tech - Build at least 3 smart agriculture centers |
Conclusion
The signing of the comprehensive cooperation agreement between BIDV and DOHACO is not only an important event for the two entities but also a testament to the trend of cooperation between the financial and agricultural sectors in the context of digital transformation and sustainable development. With the potential and resources of both parties, this cooperation promises to create significant value for Vietnam's economy, especially in the Mekong Delta region.
This is a strategic move that opens up great opportunities to develop high-tech agriculture, enhance product value, and strengthen the competitiveness of Vietnamese agriculture in international markets.
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