Dong Nai to welcome first bank to set up headquarters as it becomes a city

In step with a historic milestone, as the National Assembly (NA) has officially approved the Resolution establishing Dong Nai City, the locality has received another encouraging signal from the financial sector: Kien Long Commercial Joint Stock Bank (KienlongBank) submitted a proposal to relocate its headquarters to Dong Nai at its 2026 annual general meeting of shareholders on April 23.

This is not merely a change in administrative boundaries, but a notable economic indicator, opening a new chapter of accelerated development for a dynamic and modern city.

Dong Nai remains open and committed to supporting businesses

In early April 2026, the Dong Nai Provincial People’s Committee issued an official invitation for KienlongBank to establish its headquarters in the locality. Following this, the bank conducted research, prepared its proposal and presented it at the 2026 annual shareholders’ meeting.

The decision by a major financial institution to anchor itself at the very moment Dong Nai is entering a new phase of development is clear evidence of the confidence that corporations, enterprises and financial institutions place in the new city’s position and prospects.

Nguyen Kim Long, member of the Provincial Party Standing Committee and Standing Vice Chairman of the Dong Nai People’s Committee, said the locality’s consistent policy is to maintain an open-door approach and provide the highest level of support to corporations, businesses and financial institutions.

Particularly, as the NA has passed the Resolution establishing Dong Nai City, the local government is committed to mobilizing every available resource to accelerate growth and achieve breakthroughs. The goal is not only to build a modern urban center, but also to transform Dong Nai into a true economic locomotive and a strategic growth driver for the Southeast region and the nation as a whole.

According to the Standing Vice Chairman of the Provincial People’s Committee, the invitation extended to KienlongBank was far from arbitrary. With more than 30 years of operation and a pioneering spirit in digital technology application, the bank is regarded as a dynamic credit institution whose development orientation aligns closely with Dong Nai’s vision of becoming a smart city.

He further emphasized that Dong Nai is always ready to welcome reputable corporations, enterprises and financial institutions to contribute meaningfully to local socio-economic development.

The bank’s research into expanding operations and relocating its headquarters to Dong Nai is expected to broaden its development space, while also enhancing its access to a large-scale market with substantial growth potential.

“Dong Nai is committed to accompanying, supporting and creating the most favorable mechanisms and procedures for corporations, enterprises and financial institutions to operate effectively and contribute to the locality’s development,” Nguyen Kim Long affirmed.

The presence of KienlongBank, a major bank with over three decades of operation, headquartered in the locality, is expected to strengthen Dong Nai’s financial ecosystem and lay a solid foundation for industrial investment and high-quality service activities.

Over recent years, Dong Nai has consistently viewed the development of corporations, enterprises and financial institutions as inseparable from the locality’s own growth.

As Dong Nai officially becomes a city from April 30, 2026, the arrival of a major bank with a long-standing track record will help complete its financial ecosystem, creating a stronger foundation for industrial expansion and premium service sectors.

Sharing the rationale behind KienlongBank’s decision to tap into Dong Nai’s potential, a locality emerging as a new trade hub in the region, Chairman of the Board of Directors of KienlongBank, Tran Ngoc Minh, said there is a profound alignment between the bank’s aspirations and the city’s development vision.

With the country’s fourth-largest economy and an impressive growth rate, Dong Nai is establishing itself as a new growth pole, supported by an integrated infrastructure network including expressways, logistics systems and the highly anticipated Long Thanh International Airport mega-project.

More importantly, its new status as a centrally governed city is expected to serve as a crucial catalyst in shaping a smart mega-city capable of leading the regional economy.

Relocating the headquarters to Dong Nai is not simply a geographic change but a strategic affirmation of foresight, positioning the bank at the center of a dynamic economic corridor and future financial flows.

“For KienlongBank, Dong Nai is not just a new headquarters location, but the place where we realize our mission as a technology-driven financial institution. We choose to become a strategic link, accompanying the government, businesses and individuals in shaping the future. Relocating our headquarters to Dong Nai, therefore, is not simply a geographic change, but a strategic affirmation of foresight, positioning the bank at the center of a dynamic economic corridor and future financial flows,” Tran Ngoc Minh said.

Jointly building a modern and smart economic urban center

Dong Nai has developed rapidly and comprehensively, forming a multi-center economic-urban space that is closely connected to development corridors and major economic hubs.

With a population of nearly 4.5 million, the locality recorded a GRDP of nearly VND678 trillion in 2025, contributing around 5% of national GDP. State budget revenue in the same year reached nearly VND103 trillion, ranking fourth nationwide, while GRDP per capita stood at VND150.86 million, also fourth in the country.

Alongside this, the province is home to 43 industrial parks, the Long Thanh International Airport mega-project and a GRDP growth rate of 9.63% in 2025, making it an exceptionally promising financial market. Outstanding credit in the locality has surpassed VND600 trillion and is projected to rise sharply as urbanization accelerates.

This creates an ideal springboard for corporations, enterprises and financial institutions to realize long-term strategic visions. KienlongBank, for instance, aims to become a fully digital bank with a dynamic and modern ecosystem. As a local bank in one of the nation’s emerging growth poles, it will be well-positioned with strong resources to accelerate development and deliver sustainable value to the locality, customers and shareholders alike.

Establishing its headquarters in Dong Nai City, KienlongBank has outlined a roadmap to build an integrated ecosystem, combining financial services with local infrastructure platforms to create a digital banking journey serving both the digital city and digital citizens.

To attract next-generation investment flows, Dong Nai has defined a growth model centered on science and technology, innovation, digital transformation and high-quality human resources.

As such, for corporations, enterprises and financial institutions, Dong Nai represents fertile ground to maximize existing technological capabilities.

For KienlongBank, setting up its headquarters in Dong Nai comes with a clear roadmap to develop an interconnected ecosystem, integrating financial products and services into local infrastructure platforms, thereby creating a seamless digital banking journey for the smart city and its citizens.

Chairman Tran Ngoc Minh added that to ensure this journey generates sustainable value and becomes a model of cooperation between a technology enterprise and a locality, KienlongBank has identified three pillars of partnership with Dong Nai authorities: fostering an enabling investment environment, supporting digital infrastructure and strengthening value-chain connectivity.

At the same time, the bank expressed confidence in Dong Nai’s administrative reforms and expects to benefit from a transparent and open legal framework to stabilize and expand swiftly.

The success of KienlongBank, he noted, will serve as a vivid proof and send a positive message to major investors that Dong Nai is ready to welcome leading financial institutions.

“On our part, we are committed to contributing nearly VND1 trillion in annual budget revenue during the initial stage. This reflects our determination to come not only to invest, but to jointly build Dong Nai into a modern and smart economic metropolis,” Chairman Tran Ngoc Minh affirmed.

As KienlongBank’s financial and technological strengths converge with Dong Nai’s aspirations for breakthrough growth, this partnership is expected to create a powerful synergy, helping shape a locally rooted financial institution with international stature.

This will not only represent the growth of a bank, but also the expansion of a financial ecosystem worthy of one of the country’s newest growth poles.

By H.Quan, V.Lam – Translated by M.Nguyet, Thu Ha