
VNBA News
VNBA News
On the Issuance of a Circular Amending and Supplementing a Number of Articles of Circular No. 63/2024/TT-NHNN Regulating the Dossier and Procedures for Revoking Licenses and Liquidating Assets of Credit Institutions and Foreign Bank Branches; Dossier and Procedures for Revoking Licenses of Representative Offices in Vietnam of Foreign Credit Institutions and Other Foreign Organizations with Banking Operations
In early September 2025, savings interest rates of banks were fluctuating from 3 - 6.0%/year, but there was a strong differentiation between terms.
Circular 14/2025/TT-NHNN is a positive step bringing Việt Nam closer to international banking safety standards as it improves system safety transparency and the ability to respond to risks.
Vietnam Bank for Social Policies (VBSP) is introducing preferential loans to STEM students as part of efforts to build a stronger science and technology workforce.
Many commercial banks, with extensive customer bases, transparent transaction data and widespread branch networks, have trialled wealth management models offering investment consulting, insurance and financial planning services to VIP clients.
The agency raised Vietcombank to BB+, Techcombank to BB and Eximbank to BB-, with stable outlooks, while upgrading Việt Nam’s BICRA to group 8 from 9.
State Bank of Vietnam has just released the interest rate developments of credit institutions in July 2025.
On August 27, 2025, the State Bank of Vietnam (SBV) issued the Action Plan of the Banking sector to implement Decision No. 1560/QD-TTg dated July 18, 2025 of the Prime Minister promulgating the Plan to implement Directive No. 39-CT/TW dated October 30, 2024 of the Central Party Secretariat on improving the effectiveness of social policy credit in the new period (Decision No. 3061/QD-NHNN).
Vietnam’s banking sector has been a key facilitator as well as beneficiary of the country’s robust economic growth. We forecast total system outstanding loans to double by the end of this year relative to five years ago. This makes Vietnam the second-largest banking system in ASEAN by assets, ahead of other larger and higher-income economies.
The newly issued Law on Digital Technology Industry will take effect from January 1 and is considered an important milestone, ending many years of legal ambiguity on issues related to crypto assets.