VNBA News
VNBA News
Hanoi has signed MoUs with five big commercial banks to support the issuance of local government bonds, with plans to raise between $6-7.8 billion during 2027-2030 to finance key infrastructure projects, particularly the capital's urban railway network.
Việt Nam should simplify certification requirements for green projects and build a digital data platform for environmental data to help small and medium-sized enterprises (SMEs) access green loans, experts said at a conference on June 23.
The banking sector is expected to face sustained pressure from narrowing net interest margins, tight liquidity and rising credit risks in the second half of 2026, although stronger lenders are likely to outperform amid growing market divergence.
Saigon Treasure Commercial Joint Stock Bank (Sacombank, HOSE: STB) has approved a plan to issue an additional VNĐ20 trillion (approximately US$760.5 million) in privately placed bonds. This marks the bank's second bond issuance after approving a similar VNĐ20 trillion issuance in mid-June 2026.
SSI ,VietinBank and Visa on June 25 launched the ProfitX co-branded card, a virtual international debit card designed to integrate investment and spending on a single digital platform, offering users a seamless financial experience.
Military Commercial Joint Stock Bank (MB) has signed a cooperation agreement with tax authorities to support businesses in digital transformation and e-tax compliance.
Vietnam has overhauled key elements of its Financial Strategy through 2030, seeking to create more room for double-digit growth while safeguarding long-term fiscal and economic stability.
Twenty banks had disclosed their average lending rates for May as of June 21 with six reducing average lending rates and the remaining raising them, according to data released by the State Bank of Vietnam (SBV).
The State Bank of Vietnam has proposed raising the cap on short-term funding used for medium- and long-term lending from 30 per cent to 40 per cent.
Aside from traditional lending activities, many banks are expanding their role in the capital market by increasing bond issuance advisory and investment banking (IB) activities at their affiliated securities companies.