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VNBA review its performance in the first half and deploy tasks for the second half of 2026
On July 15, 2026, the Vietnam Banks Association (VNBA) successfully held a conference to review its performance in the first six months of 2026 and outline key tasks for the latter half of the year. The event served as a critical platform to evaluate the banking sector’s operational landscape, identify ongoing challenges, and unify coordination mechanisms to address policy, legal, and digital transformation bottlenecks.
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Banks must not trade off system security for short-term growth: Governor
The State Bank of Vietnam has warned banks not to sacrifice cybersecurity, data protection and customer trust for short-term growth as the sector accelerates digital transformation and AI adoption.
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VNBA held discussions and working sessions with the Singapore Fintech Association
On July 7, 2026, in Ho Chi Minh City, the Vietnam Banks Association (VNBA) held a strategic working session with a business delegation from the Singapore FinTech Association (SFA). From the perspective of a banking technology expert, this event is not merely a diplomatic activity but a significant milestone, marking a robust shift in the development strategy of the digital finance ecosystem in Vietnam.
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Shinhan Bank Introduces K-Study Financial Solution and Career Opportunities at the 2026 Korea Study Abroad & Talent Fair
Ho Chi Minh City, July 7, 2026 – Shinhan Bank Vietnam Limited ("Shinhan Bank") participated in the 2026 Korea Study Abroad & Talent Fair, organized by the Korean Education Center (an affiliated institution of the Ministry of Education of the Republic of Korea) in collaboration with the Consulate General of the Republic of Korea in Ho Chi Minh City. The event was held on July 4–5, 2026 at Military Zone 7 Stadium in Ho Chi Minh City.
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The National Assembly's Economic and Financial Committee works with VNBA: Aligning legislation with market realities to refine the banking legal framework
On the morning of June 25, 2026, in Hanoi, the National Assembly's Economic and Financial Committee held a working session with the Vietnam Banks' Association (VNBA) and its member organizations. The meeting focused on gathering practical, hands-on feedback on key draft laws within the banking sector before their upcoming submission to the National Assembly.
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Vietnam and Singapore Launch Cross-border QR Payment Service, Accelerating Digital Economic
Hanoi, July 2, 2026 – The National Payment Corporation of Vietnam (NAPAS), in collaboration with Liquid Group (Singapore) and VietinBank, officially launched cross-border QR payment service between Vietnam and Singapore, enabling users of participating Singapore payment apps to make seamless QR payments at VietQRGlobal acceptance points across Vietnam.
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New policy in foreign exchange reserve management proposed
The State Bank of Vietnam (SBV) has proposed more flexible market intervention tools in a draft decree amending the management of the country's foreign exchange reserves.
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SSI, VietinBank, Visa launch ProfitX co-branded card
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.
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Việt Nam urged to simplify green credit access for SMEs
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.
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Sacombank to issue $760.5 million in bonds to support next growth phase
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.
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Hanoi partners with five banks to raise up to nearly $8 billion through bond issuance
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.
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Banks face diverging fortunes in second half of 2026
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.
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MB and tax authority sign cooperation deal to boost e-tax compliance
Military Commercial Joint Stock Bank (MB) has signed a cooperation agreement with tax authorities to support businesses in digital transformation and e-tax compliance.
