Banks’ direct contributions to the state budget include corporate income tax, value-added tax, land and property taxes, as well as other taxes and fees.

Among these, corporate income tax accounts for the largest share of the sector’s contributions.

As banking profits continue to reach record levels, the amount of CIT paid by banks to the state budget has steadily increased.

According to statistics from the 30 domestic commercial banks mentioned above, total corporate income tax payments in 2025 reached approximately VND73.5 trillion. This marks a record contribution by the banking sector to the national budget.

Big state-owned banks dominate the ranking

Vietcombank and VietinBank led the industry in corporate income tax payments in 2025, with estimated contributions of VND8.618 trillion and VND8.255 trillion respectively.

Their payments increased by 5.16% and 35.30% compared with 2024.

BIDV ranked third with an estimated CIT payment of VND7.1 trillion, up 16% year-on-year.

The other two members of the Big5 banking group, MB and Agribank, reported CIT contributions of VND6.56 trillion and around VND6 trillion respectively.

These figures represent increases of 20.5% for MB and 10.64% for Agribank compared with the previous year.

Private banks also post strong growth

Among private banks, VPBank and Techcombank led the sector in tax contributions.

VPBank paid VND5.26 trillion in corporate income tax in 2025, marking a strong increase of 45.3% from 2024.

Techcombank followed closely with a total CIT payment of VND5.12 trillion, up 6.74%.

HDBank and ACB came next with tax contributions of VND3.977 trillion and VND3.632 trillion respectively.

Notably, ACB was among the three banks recording a decline in corporate income tax compared with the previous year.

Its CIT payment fell by 10% from 2024.

The other two banks reporting decreases were Sacombank and Eximbank.

Sacombank’s tax contribution dropped 37% to VND1.6 trillion, while Eximbank’s fell 56% to VND372 billion.

Expanding “trillion-dong tax club”

The group of banks paying more than VND1 trillion in corporate income tax also includes SHB (VND3 trillion), LPBank (VND2.85 trillion), TPBank (VND1.83 trillion), VIB (VND1.8 trillion), MSB (VND1.42 trillion) and SeABank (VND1.346 trillion).

Nam A Bank and OCB newly joined the trillion-dong tax club, with payments of VND1.1 trillion and VND1.017 trillion respectively.

In total, 18 banks recorded corporate income tax contributions exceeding VND1 trillion in 2025.

Meanwhile, ABBank nearly entered the group with a CIT payment of VND711 billion.

Notably, thanks to strong profit growth over the past year, ABBank’s corporate income tax payment nearly tripled compared with 2024.

These figures highlight the growing role of Vietnam’s banking sector as a major contributor to the state budget amid strong profitability and expanding financial activity.

Tuan Nguyen