In 2006, Hoa Lam had joined the stock market with a large investment to Vietnam Thuong Tin Commercial Bank where Mr. Duong Ngoc Hoa is Chairman of the Board of Directors. On February 2, 2007, Vietnam Thuong Tin Commercial Bank launched a new branch in Soc Trang City under the new named Vietbank. One year later, Vietbank opened its first branch in Ho Chi Minh City at 02 Thi Sach, District 1. Vietbank has been expanding up to 96 branches all over the country in the last 8 years.