Mizuho Bank Adds $100 Million in Capital to Each of Its Two Vietnam Branches
In 2026, Mizuho Bank added $100 million in capital to each of its Hanoi and Ho Chi Minh City branches and is pursuing a further investment in Vietcombank through a private placement. Leaders of the two banks met in Tokyo on November 9 to discuss their long-term partnership.
On November 9, 2026, leaders of Mizuho Bank and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) met in Tokyo, Japan. In 2026, Mizuho Bank added $100 million in capital to each of its Hanoi and Ho Chi Minh City branches and is pursuing a further investment in Vietcombank through a private placement. The additional investment is still being pursued.
The two banks established a strategic partnership in 2011. That year, Mizuho Bank invested $567.3 million to acquire 15% of Vietcombank’s charter capital, becoming its foreign strategic shareholder. Since then, they have continued to cooperate on capital investment, sharing management experience, technical support, business development and connections with international clients.
The two banks have held 880 technical support and specialized training sessions to date. Mizuho Bank has referred more than 400 new clients to Vietcombank and helped connect customer services involving the opening of more than 600,000 personal accounts. The banks have also helped establish partnerships between Vietcombank and 45 regional banks in Japan. Vietcombank provided these figures on their cooperation.
Mizuho Bank Chairman and CEO Masahiko Kato said 2026 marks the 30th anniversary of its Hanoi branch and the 20th anniversary of its Ho Chi Minh City branch. Mizuho Bank considers Vietnam an important market in its long-term development strategy and hopes to continue working with Vietcombank to support financing in international markets and the development of the corporate bond market.
Source: VietVance
