Brand Finance has released its annual report on the world 500 leading finance brands and Vietnam leads the ASEAN region in terms of the number of banks reaching the Top 500 with 12 banks.

Vietnam is the sole member country of ASEAN to climb up the overall index of the Brand Finance Global Soft Power Index Report for 2021, from 50^th to 47^th.

Despite the fact that top 100 nation brands have lost $13.1 trillion of brand value in 2020 amid the Covid-19 pandemic, Vietnam has become the fastest growing nation brand, with its value skyrocketing 29 percent to $319 billion in the latest global rankings.