According to the recently released Q4/2025 financial report, VietCredit recorded pre-tax profit of VND 1,303 billion in 2025, marking a strong reversal compared to 2024.
VietCredit achieved a pre-tax profit of over 523 billion VND in the last quarter of 2025, with a 136% increase in loan portfolio and more than doubling of total assets.
According to the recently released Q4/2025 financial report, VietCredit reported a strong pre-tax profit of over 523 billion VND in the final quarter of the year. For the entire year 2025, VietCredit reported a strong profit with a pre-tax profit of 1,303 billion VND (after-tax profit exceeding 1,072 billion VND), marking the highest profit level since its establishment.
Along with the profit, VietCredit’s operations expanded rapidly over the past year. As of December 31, 2025, total assets reached VND 17,641 billion, an increase of 116% compared to VND 8,163 billion in 2024.
Loan balances to customers in 2025 reached VND 14,865 billion, an increase of 136% year-on-year. Notably, by December 31, 2025, VietCredit’s digital technology loan balance reached VND 11,780 billion, an increase of 920% compared to VND 1,155 billion in 2024.
Net interest income reached over VND 3,302 billion, a significant increase and more than four times higher than in 2024. This is the main contributing factor to the company’s profit results. In Q4 2025 alone, net interest income reached over VND 1,300 billion, a 542.16% increase compared to VND 203 billion in the same period of 2024, demonstrating strong growth in the second half of the year. Of this, interest income from digital lending products was VND 1,154.4 billion, a 2,057.76% increase compared to VND 53.5 billion in the same period of 2024, confirming that digital lending products are becoming a key revenue driver in the company’s income structure.
Operating expenses and provisions – necessary costs in the initial phase of expanding the digital lending model – increased proportionally with the expansion, reflecting the general characteristics of a period of strong credit growth. Total operating expenses in Q4 were VND 178.5 billion, an increase compared to VND 100.6 billion in the same period of 2024. This increase in operating expenses is consistent with the pace of business expansion and significantly lower than the growth rate of net interest income, reflecting continued significant improvement in operational efficiency.
Provision for risk also increased as VietCredit proactively made full provisions, complying with the regulations of the State Bank of Vietnam. Total provision expenses recorded were VND 366.5 billion, an increase compared to VND 142.7 billion in the same period of 2024.
Group 1 loans continued to account for the majority of the total, indicating that credit quality remains generally under control amidst expansion. Overall, non-performing loans (NPLs) remain under control within acceptable limits (6.88% as of December 31, 2025), consistent with the rapid growth of the digital loan portfolio and with adequate and prudent provisioning by the company as required. The company noted that some specific products have very low NPL ratios, such as electric vehicle loans and buy now pay later loans.
Illustration: Summary of VietCredit’s Q1, Q2, Q3, and Q4 2025 Financial Report Results
With this impressive growth momentum, VietCredit is one of the few consumer finance companies recording strong credit expansion in 2025. This result stems from VietCredit completing the restructuring of its business model, shifting its focus to digitized lending products with a technology platform proactively built and operated by VietCredit.
Capital mobilization flourishes, successful cooperation with domestic and international partners
Alongside credit growth, VietCredit has recorded a strong expansion of its capital mobilization sources. By the end of 2025, customer deposits reached over VND 2,770 billion, deposits and loans to other credit institutions reached nearly VND 6,299 billion, while the scale of securities issuance reached over VND 6,032 billion, a significant increase compared to the end of 2024.
In 2025, VietCredit strengthened cooperation with major domestic and regional partners and businesses. Notably, the company successfully partnered with E.SUN Bank (Taiwan) on capital investment, contributing to diversifying financial resources and consolidating the foundation for medium- and long-term growth plans.
Notably, VietCredit has just launched an online fundraising platform at dautu.vietcredit.com.vn, offering deposit contract products with interest rates for businesses up to 8.8% (updated until January 2026), which is highly competitive compared to traditional bank deposit methods.
Illustration: VietCredit’s Digital Finance Product and Partner Ecosystem
Expanding the ecosystem, diversifying the portfolio – increasing access to capital for various customer segments
Specifically, in the individual customer segment, VietCredit recorded positive growth with the Tin Vay brand, through the integration of Tin Vay into major platforms such as MoMo, Zalo, Viettel Money, VNPT, TOPI, and ZaloPay. With Tin Vay, VietCredit is committed to pursuing socially responsible finance through: optimizing competitive interest rates, implementing preferential loan packages (for students, financially vulnerable individuals), and personalizing products to suit the needs of each customer.
In addition, VietCredit continues to develop financial solutions for household businesses and SMEs through the Tin Vay Biz brand, one of the leading disbursement partners on the KiotViet and MISA platforms. Practical implementation has shown that customers highly appreciate VietCredit’s fast disbursement speed, within just 3 hours for household businesses and within 24 hours for SMEs, providing timely support for their capital needs.
Simultaneously, VietCredit has continued to expand its product portfolio, anticipating the trend of digital and green consumption: launching the Tin Vay unsecured loan program via GFin for Grab’s Driver Partners and Restaurant Partners; developing the electric vehicle loan segment with the Tin Go application – “Fast Loan, Green Living” in cooperation with VinFast, Wuling, and XanhSM; and expanding its digital credit card segment with the message “Digital Cards for Digital Citizens”. In 2025, VietCredit was also honored by NAPAS as one of the first four credit institutions to implement Tap&Pay mobile payment in Vietnam for its card products.
VietCredit’s Gold Award at the Make in Vietnam 2025 Awards recognizes its technological capabilities and breakthrough business results.
VietCredit’s commitment to mastering technology and developing a robust digital financial ecosystem has been recognized at the national level. On December 30, 2025, VietCredit was awarded the Gold Award at the “Make in Vietnam 2025” Awards by the Ministry of Science and Technology in the category of Outstanding Digital Technology Products in the Finance – Banking – Commerce – Services sector. The ecosystem, comprising Tin Vay, Tin Vay Biz, Tin Go, and Tin Card, received high praise from experts for its technical solutions, products, and business operations.
Looking ahead to 2026, VietCredit stated its continued focus on strong growth, risk control, technology, and strategic partnerships, further expanding its customer base and consolidating its pioneering role in digital finance in Vietnam.
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About VietCredit: VietCredit Joint Stock Company, a general finance company, operates in the consumer lending and embedded finance sector in Vietnam. VietCredit develops digital financial solutions, collaborating with many major partners in the technology, e-commerce, and fintech ecosystems, aiming to expand access to capital for individual customers, business households, and small and medium-sized enterprises. Website: https://www.vietcredit.vn | https://www.tinvay.com.vn