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Banks stop accepting transactions by passport for VN customers from 2026
Vietnamese citizens must use ID cards or electronic ID cards, not passports, to verify their identity for bank transactions including payments, money withdrawals and card services.
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Nearly 18 billion cashless transactions recorded in nine months
Nearly 18 billion cashless transactions were recorded in the first nine months of this year, with total value surpassing VNĐ260 quadrillion (nearly US$10 billion).
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VNBA holds meeting to gather feedback for finalising cross-border QR code payment handbook
On the morning of November 17 2025, the Vietnam Banks Association (VNBA) convened a drafting committee meeting for the “Unified Handbook for Providing Cross-Border QR Payment Services in Vietnam” (the Handbook) in order to solicit and incorporate feedback from more than 25 entities, including banks, finance companies, and payment intermediaries.
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ESG Tracker: From survey to action for financial institutions
On 28 November 2025 in Hanoi, the Vietnasurvey to actionm Banks Association (VNBA), in cooperation with PwC Vietnam, will host the workshop “ESG Tracker: From Survey to Action for Financial Institutions.”
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SBV: The issuance of the Circular No. 39/2025/TT-NHNN
On the October 31, 2025, the Governor of the State Bank of Vietnam (SBV) signed and promulgated Circular No. 39/2025/TT-NHNN prescribing the opening and use of foreign currency accounts abroad by residents being organizations.
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SBV: The issuance of Circular No. 43/2025/TT-NHNN
On November 14, 2025, the Governor of the State Bank of Vietnam signed and promulgated Circular No. 43/2025/TT-NHNN amending and supplementing several articles of Circular No. 08/2022/TT-NHNN prescribing the order and procedures for bank supervision.
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24th ASEAN Banking Conference: Optimizing Banking Operations in the Digital Age
On November 19, 2025, in Yangon, Myanmar, the opening session of the 24th ASEAN Banking Conference and the 53rd ASEAN Banking Council Conference took place with the theme "Optimizing banking operations in the digital age - Successes and Challenges".
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Sacombank launches green finance package, advancing its ESG commitment
Sacombank advances sustainability commitment with new green finance package
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Coordinated fiscal and monetary policy helps keep inflation stable
Coordination between fiscal and monetary policy, as well as the Ministry of Finance’s efforts to stabilise prices, has been essential in maintaining price stability and strengthening public and business confidence, according to economists.
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Viet Nam accelerates credit growth in the final months of 2025
As Viet Nam enters the fourth quarter, the economy is showing many positive signs: industry is recording double-digit growth, exports are surging, and inflation remains under control. Amid this recovery, credit flows within the banking system continue to play the role of the economy’s lifeblood, flowing strongly into production and business activities and creating momentum for sustainable growth.
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Visa partners with banks to launch Visa Accept
Visa, the world’s leader in digital payments, has partnered with Sacombank, Vietcombank and VPBank to launch Visa Accept in Việt Nam, allowing micro and small businesses to accept contactless Visa payments directly on NFC-enabled smartphones, without requiring any additional hardware.
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Banks dominate Vietnam's Q3 earnings season, Novaland posts biggest loss
Banks accounted for more than half of the 20 most profitable listed companies in Vietnam’s Q3/2025 earnings season, while property developer Novaland recorded the largest loss.
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Banks raise deposit rates as year-end lending heats up
Banks are lifting deposit rates to secure year-end funding as credit demand accelerates and liquidity pressures rise, signalling a renewed upward cycle in savings costs.
