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Digital banking enters season of transformation
Each spring invites reflection on change, and within that shift the banking sector, once seen as distant and technical, is becoming deeply embedded in everyday transactions as digitalisation moves beyond the service interface to fundamentally reshape its operational core.
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VNPAY and NAPAS deepen cooperation on digital payments
VNPAY and NAPAS have agreed to expand cooperation on next-generation payment technologies, aiming to accelerate digital payment adoption and strengthen financial connectivity in Vietnam.
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Bank profits enter new growth phase
Entering 2026, the general expectation of the entire banking system is not only growing faster but also more sustainably.
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Banks required to ensure operation safety during Tết
They must proactively implement plans to raise and balance their capital sources, ensuring the full and timely fulfillment of credit capital needs for production, business and consumption during the country’s largest holiday.
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Mastercard, Shopee Vietnam announce strategic collaboration with the launch of VPBank S Rewards Mastercard Card
Mastercard and Shopee Vietnam, on February 4, announced a five-year strategic collaboration, marked by the launch of the VPBank S Rewards Mastercard card, Mastercard’s first card linked to Shopee in Việt Nam.
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VAMC needs more financial strength to better handle bad debts
Bringing NPL resolution into development policy framework marks a shift from a reactive, situational approach to one that is proactive, long term and structural.
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Banks target stronger profits, credit growth in 2026
Banks are setting ambitious 2026 targets, aiming for strong profit growth and faster credit expansion while preparing for stricter capital requirements.
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Consumer finance sector posts sharp profit growth
After a period of restructuring, many consumer finance companies are staging a strong comeback after restructuring, posting robust profit growth amid improving credit demand, expanding balance sheets, and supportive regulatory policies.
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Value of cashless payments equal to nearly 28 times of GDP
The number and value of cashless payment transactions surged by an average of 58.86 per cent and 24.36 per cent annually in the past five years.
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Vietnam’s restructured banks return to profit after years of losses
After several consecutive years of losses, all four Vietnamese banks under mandatory transfer - GPBank, Vikki Bank, VCBNeo, and MBV - have now reported profits for the year 2025, as confirmed by their respective parent institutions.
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Vietnam's state banks race to raise capital in bid to enter Asia’s top 100
Vietnam’s state-controlled banks are accelerating capital increases as they seek to expand balance sheets and meet a government target of placing at least three lenders among Asia’s 100 largest banks by total assets by 2030.
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Central bank rejects rumour small banknotes removed from circulation
The move was made after some social media sites have been spreading the rumour that the SBV plans to eliminate the small banknotes. The SBV affirmed that the rumour is inaccurate and lacks legal basis.
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Fintech-bank collaborations facilitate Vietnamese goals
Vietnam is in a bright spot to utilise partnerships between fintech groups and lenders for its green ambitions. Fintech expert Rahn Wood looks at the tie-ups already taking place and what more could be around the corner.
