VIET NAM TECHNOLOGICAL AND COMMERCIAL JOINT STOCK BANK - ASSET MANAGEMENT COMPANY LIMITED

Viet Nam Technological and Commercial Joint Stock Bank – Asset Management Company Limited, commonly known as Techcombank AMC, is a wholly owned subsidiary of Techcombank established in 2008 to handle debt management, asset recovery, and auxiliary financial services. The company operates as an internal asset management platform designed to support the parent bank’s credit strategy by managing distressed assets, optimizing collateral portfolios, and improving recovery efficiency. With 329 employees, Techcombank AMC plays a central role in the bank’s broader risk governance and asset quality framework.

The company’s operations encompass debt restructuring, collateral management, valuation support, asset liquidation, and financial service activities that complement the bank’s credit operations. One notable characteristic of Techcombank AMC is its unusually strong year over year growth in cash generating activities, reflecting shifting credit conditions and internal strategic prioritization within Techcombank’s balance sheet management cycle.

Leadership and Shareholders

The company is led by Duong D. T., General Director, who oversees operational strategy, asset recovery performance, and coordination with Techcombank’s credit and legal divisions. As the legal representative, he directs processes related to bad debt resolution, collateral handling, and compliance with financial regulations governing asset management companies in Vietnam.

Techcombank AMC is fully owned by Vietnam Technological and Commercial Joint Stock Bank, which holds 100 percent of charter capital. 

Financial Growth and Market Risks

In 2023, Techcombank AMC generated USD 77.36 million in sales. The year also saw a considerable increase in profit and equity, reflecting stronger asset handling activities and improved recoveries. Total assets expanded at a high rate, while working capital strengthened significantly, driven by operational performance and internal financial coordination.

The company operates in a risk sensitive environment shaped by macroeconomic credit cycles, regulatory requirements relating to asset classification, and the pace of non performing loan resolution within the banking sector. Revenue is influenced by fluctuations in repayment capacity, collateral liquidity, and broader economic conditions. Investors and financial partners seeking a deeper assessment of solvency, cash flow quality, and multi year credit behavior can obtain full clarity through the VNBIS Company Comprehensive Report.

Business Intelligence and Risk Outlook

Vietnam’s financial sector is undergoing continued refinement in credit quality management, creating growing demand for specialized asset handling functions. Techcombank AMC is positioned to benefit from these developments due to its alignment with one of Vietnam’s strongest joint stock banks and its structural role in supporting loan portfolio quality. Short term performance will be driven by credit market conditions, while long term outcomes will depend on regulatory evolution, banking system reforms, and Techcombank’s balance sheet strategy.

The company is expected to maintain relevance as asset quality management becomes increasingly important for banks competing in a more sophisticated financial landscape. Its internal specialization and organizational integration give it operational advantages that are not easily replicated by independent asset management firms.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive suite of business intelligence solutions to support investors, partners, and financial institutions evaluating Viet Nam Technological and Commercial Joint Stock Bank – Asset Management Company Limited.

VNBIS services include:

• Company Credit Reports assessing solvency, liquidity, and overall financial health
• Risk Management Solutions analyzing exposure to credit cycles, collateral markets, and operational risks in asset recovery
• Business Verification and Due Diligence Reports confirming ownership structure, regulatory compliance, and governance records

For clients requiring up to date financial statements, verified corporate information, and fresh investigative insights, the VNBIS Company Comprehensive Report provides the most complete and authoritative assessment available. VNBIS empowers transparent, secure, and data driven business decisions.