Decoding identity

Vietnamese brands change their identity, read the reasons

This notebook records instances when Vietnamese businesses changed their legal names or signs, along with the reasons they provided and the costs incurred for those changes. Each entry is published only when there are at least two independent news sources.

Milestone

Brand and change


2026August 8Change signal

Vingroup Multisector

Five stars moved up

The smallest change in this notebook. The entire sign remains unchanged, only the position of the five stars is altered, and the middle star is drawn larger.

Read the full timeline of Vingroup

2026February 3Change signal

Petrolimex Energy

Keep the symbol, rebuild the geometry

The refresh after more than thirteen years coincided with the energy sector's transition phase. The letter P and color spectrum remained, while the change was in the design approach.

Read the full timeline of Petrolimex

2025December 25Change signal

Sacombank Banking

Uppercase letters, the letter S enclosed in a circle

The new identity system uses bold uppercase letters, with a stylized S inside a closed circle, a deep blue background combined with gold, and eliminates complex decorative details.

Read the full timeline of Sacombank

2025April 9Change the legal entity name

Petrovietnam Energy

Remove the words Oil and Gas from the name, without changing a stroke

The Prime Minister decided to change the name of the Vietnam Oil and Gas Group to the Vietnam National Industrial and Energy Group, effective immediately upon signing. The abbreviation PETROVIETNAM and the identity system remain unchanged.

Read the full timeline of Petrovietnam

2024October 29Change signal

MoMo Financial technology

Stop making wallets, start making finance

The first major change after fourteen years. The positioning shifted from an e-wallet to a financial assistant, and the identity system drew materials from banknotes to enhance credibility.

Read the entire MoMo timeline

2024October 11Change signal

Biti's Hunter Fashion

From a shoe brand to a fashion brand

After eight years of making shoes for young people, Hunter completely revamped its identity and expanded its product range to include clothing, backpacks, and accessories.

Read the full timeline of Biti's Hunter

2023July 6Change signal

Vinamilk Food

From badge to handwritten signature

The first identity change in forty-seven years. The sign removed the emblem format to fully transition to text, but two old details were intentionally retained.

Read the full timeline of Vinamilk

2023May 26Renaming and signage

LPBank Banking

Shorten the name to four letters, then change the face

The abbreviation was changed and the identity system was updated in the same month. The reason submitted to the regulatory agency stated that the old name was difficult to read and remember.

Read the full timeline of LPBank

2022November 23Change signal

Highlands Coffee Food and beverage chain

Three colors reduced to one, background removed

The fourth sign change after twenty-three years. The imagery remains almost unchanged, while the modifications are in the color palette and background, which determine how usable the sign is.

Read the full timeline of Highlands Coffee

2022April 26Change signal

BIDV Banking

Change after thirty years, and promise three more years

The first sign change since 1992. Notably, the design itself includes a publicly announced three-year roadmap along with principles.

Read the entire BIDV timeline

2022April 4Change signal

VPBank Banking

The flower remains unchanged, the slogan is completely replaced

The repositioning involved changing the mission and slogan, while the sign was only refined. The prosperity flower symbol was retained and adjusted according to the golden ratio, with the font and color palette updated.

Read the full timeline of VPBank

2022January 15Renaming and signage

WinMart Retail

Change the letter V to W, the rest remains unchanged

The name change was due to a change in ownership, not strategy. The entire identity system was retained, with only the initial letter changed, across more than three thousand sales points.

Read the full timeline of WinMart

2021DecemberChange signal

Petrovietnam Energy

The flame and name merged into one

The new identity was launched as part of the Cultural Renewal Project, inheriting the red flame and the blue PETROVIETNAM lettering, tightening the layout and standardizing the font.

Read the full timeline of Petrovietnam

2021January 7Change signal

Viettel Digital telecommunications

Red color, lowercase letters, and a shorter slogan

This is the second repositioning after nearly seventeen years. The new branding discards most of the visual elements from 2004 but retains the most valuable aspects, and where it conceals those elements is the most noteworthy part of this milestone.

Read the full timeline of Viettel

2018January 12Change the legal entity name

Viettel Digital telecommunications

Change the name first, not yet changing the face

Government Decree 05/2018 changed the group's name, adding the word Industry before Telecommunications. In the market, the sign remains unchanged for another three years.

Read the full timeline of Viettel

2004The first set of signsChange signal

Viettel Digital telecommunications

Quotation marks, and the promise of respecting the customer's voice

The first sign system emerged after nearly two months of stagnation. The solution to the bottleneck was not a more beautiful drawing, but a metaphor for how to communicate with customers.

Read the full timeline of Viettel

Read by axis10 professional questions

Same question, different answer

CloseHow to read this book

Why does this notebook not grade beauty or ugliness

A beautiful new sign may be perceived differently by each person, and that answer does not help anyone who has to decide. What helps is knowing why that business changed, what it lost in the process, and three years later, whether the choices they made were correct. This notebook is read in that direction. Any place with only one source mentioned is left blank, no guessing.

Sinh Vũ has been addressing this challenge for Vietnamese businesses since 2009.Share your story with Sinh Vũ

Read and decode by Sinh Vũ, the operational brand design studio.16 milestones of 13 brands. Updated August 15, 2026.