Citi celebrates 30 years of excellence in Vietnam

Citi proudly marked its 30th anniversary in Vietnam with two distinguished events held in Hanoi and Ho Chi Minh City on February 18 and 20.

These celebrations were hosted by Amol Gupte and Ramachandran A.S., and attended by numerous government officials, business and industry leaders, as well as Citi executives in Vietnam.

The events were graced by esteemed guests, including Pham Thanh Ha, Deputy Governor of the State Bank of Vietnam, US Ambassador Marc E. Knapper in Hanoi, and US Consul General Susan Burns in Ho Chi Minh City, all of whom delivered keynote speeches.

“Citi has played a pioneering role in connecting the financial systems of Vietnam and the United States. Citi continues to promote trade, investment, and broader economic cooperation between our two nations,” said Ha.

“Citi’s partnership with Vietnam is a reflection of our deep and unwavering commitment to this growing market. The past three decades has been remarkable for us, built on a strong foundation and consistent success. We are positioned for even greater growth as we look forward to more opportunities to grow together with Vietnam,” said Amol Gupte, Citi Asia South head and banking head.

Citi established its first representative office in Hanoi in 1993 and became the first US financial institution licensed by the Vietnamese government and opened a branch in Hanoi in January 1995, followed by a second branch in Ho Chi Minh City in 1998.

“We are celebrating three decades of dedication, innovation, and exceptional service to our international and local clients in Vietnam, also providing them with access to the 180 markets that we do business in. We look forward to many more decades of rapid progress, bringing the best of Citi to our clients,” said Ramachandran A.S., Citi Vietnam’s country officer and banking head.

Citi Vietnam offers a comprehensive range of banking and financial services, including corporate and investment banking, treasury and trade services, commercial banking, and securities services.

Citi continues to lead in digital banking for businesses in Vietnam, delivering solutions that are efficient, transparent and seamless. These innovative solutions underscore Citi’s commitment to driving digital transformation and enhancing client experience in Vietnam. As Citi celebrates this significant milestone, it reaffirms its commitment to contributing to Vietnam’s economic growth and development.

With a focus on sustainability, innovation, and client-centricity, Citi is well-positioned to support Vietnam’s aspirations and to continue its legacy of excellence in the years to come.

The latest Citi Global Perspectives and Solutions (GPS) report has found that Vietnam and India could benefit the most from supply chain shifts thanks to the similarities in industrial structure.

Citi held a Vietnam Day on December 11 for its Hong Kong clients, one of the bank's fastest growing trade corridors.

The India Business Chamber in Hanoi (InCham) marked its 25th anniversary with a Silver Jubilee and Business Outreach event on February 14 in Hanoi, bringing together diplomats, government officials, and business leaders to celebrate a quarter-century of strengthened economic cooperation between India and Vietnam.