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Central bank faces challenges to meet Gov’t dual goal
In the context that room for monetary policy is narrowed due to prolonged interest rate differentials and exchange rate pressures, Việt Nam should promote the role of fiscal policy, considering it as the key tool in promoting growth.
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Dr. Nguyen Quoc Hung: Customer-centricity is not just a slogan but must be the center of value, experience and trust.
Speaking at the opening session of the Smart Banking 2025 Conference on the morning of September 25, 2025, Dr. Nguyen Quoc Hung, Vice Chairman cum General Secretary of the Vietnam Banks Association, stated that the next phase of digital transformation of the banking industry must create a qualitative breakthrough, shift management thinking, consider data as a strategic asset and put customers at the true center of all values.
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VNBA Leader welcomes Senior Trade and Investment Director from Victoria, Australia
Hanoi, September 24, 2025 – Dr. Nguyen Quoc Hung, Vice Chairman and Secretary General of the Vietnam Banks’ Association (VNBA), hosted a working session with Mr. Trent Davies, Senior Director for Trade and Investment in Southeast Asia, Government of Victoria, Australia.
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VNBA delegation expands fintech and green finance connections in Victoria, Australia
During four days from September 15-18, 2025, the delegation of the Vietnam Banking Association (VNBA) led by Dr. Nguyen Quoc Hung, Vice Chairman cum General Secretary of VNBA, visited and worked in Victoria (Australia) at the invitation of the Victoria government. This is considered one of the outstanding foreign affairs activities, helping VNBA members directly access advanced models of Fintech, cybersecurity, artificial intelligence (AI), credit risk management and green finance.
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Regulation changes to large online money transfer
Domestic online money transfer transactions of VNĐ500 million or more must be reported to the SBV’s Anti-Money Laundering Department.
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Vietnam plans green loan boost for eco-friendly projects
A fixed 2 per cent annual interest rate subsidy is proposed for the private enterprises, business households and individuals on loans for green, circular economy and environmental – social – governance (ESG) projects, accroding to a draft decree by the State Bank of Việt Nam.
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Biomass credits to carbon openings
Agribank is at the forefront of providing green finance for Vietnamese businesses to unlock the potential of carbon credits and tap into international markets.
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Interest rate developments applied by credit institutions in August 2025
State Bank of Vietnam has just released the interest rate developments of credit institutions in August 2025.
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Shinhan Bank offers preferential VinFast electronic car loan from only 4.8%/year
After implementing the preferential loan package from 6.9%/year, applied to all electronic car brands officially distributed in Vietnam, Shinhan Bank Vietnam Limited (“Shinhan Bank”) has continued to strengthen supports for the needs to switch to electronic vehicles of individual customers by launching the preferential loan package exclusively for VinFast electronic cars.
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VNBA and VTeam talk on supply chain finance, elevating Vietnamese agricultural exports
Hanoi, September 23, 2025 – The Vietnam Banks’ Association (VNBA) and VTeam Financial Services Group (Taiwan, China) held a high-level meeting today to explore innovative supply chain finance and factoring solutions aimed at empowering small and medium-sized enterprises (SMEs) in Vietnam’s agricultural sector.
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SBV issues Circular No. 27 on Anti-Money Laundering Guidance
On 15 September 2025, the State Bank of Vietnam (SBV) issued Circular No. 27/2025/TT-NHNN, providing detailed guidance on the implementation of certain provisions of the Law on Anti-Money Laundering (AML).
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Credit growth forecast to sprint past Government target
Some large joint stock commercial banks, such as MB, VPBank and HDBank, are even likely to have outstanding growth rates of 25-30 per cent in 2025.
