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Interest rate developments applied by credit institutions in July 2025
State Bank of Vietnam has just released the interest rate developments of credit institutions in July 2025.
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Credit trends set tone for key sectors
Credit across the banking system has surged at an unusually high pace this year, with a significant share directed towards real estate and securities, raising concerns over the sustainability of growth.
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Basic contents of Decree 232/2025/ND-CP on management of gold trading
The Government has just issued Decree No. 232/2025/ND-CP dated August 26, 2025 amending and supplementing a number of articles of Decree No. 24/2012/ND-CP dated April 3, 2012 of the Government on management of gold trading activities.
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Dr. Nguyen Quoc Hung received and talked with the Secretary General of the ASEAN Banking Association.
On the afternoon of August 21, 2025, in Hanoi, Vice President and General Secretary of the Vietnam Banks Association (VNBA), Dr. Nguyen Quoc Hung, had a meeting and worked with the delegation of the ASEAN Banking Association (ABA) led by Mr. Paul Gwee, General Secretary.
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New chapter arrives for digital asset firms
Opportunities for international collaboration and attractive growth potential have turned the Vietnamese cryptocurrency market into a vibrant playground.
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Shinhan Bank expresses gratitude to business customers with free Ting Ting speakers
Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) has launched the “Customer Appreciation Day for Business Customers” across all 55 branches and transaction offices nationwide, featuring a free giveaway of Ting Ting Speakers. This initiative is dedicated to expressing gratitude to individual business owners, household businesses, private enterprises, and SMEs that have accompanied the Bank throughout the years.
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SBV tightens reins as new financial hub eyes clean money flow
The State Bank of Việt Nam has proposed that all international electronic money transfers valued at US$1,000 or more within the country’s forthcoming international Financial Centre (IFC) must be reported to strengthen monitoring mechanisms and anti-money laundering (AML) efforts.
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SBV proposes reporting for international transfers threshold of $1,000
The State Bank of Vietnam (SBV) has proposed new rules requiring reporting of international transfers of $1,000 or more, aiming to curb illicit flows and money laundering.
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VNBA actively completes draft Code of Conduct in debt collection
On the morning of August 22, 2025, in Hanoi, the Vietnam Banks Association (VNBA) held a meeting of the Drafting Committee of the Code of Conduct in Debt Collection Activities to provide comments on the second draft of the Code. Dr. Nguyen Quoc Hung - Vice President and General Secretary of VNBA chaired the meeting.
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VNBA works with British Embassy on Trade Finance Registry
On the afternoon of August 20, 2025, in Hanoi, the Vietnam Banks Association (VNBA) had a meeting and worked with Mr. Iain Frew - Ambassador of the United Kingdom and Boston Consulting Group (BCG) and representatives of Departments and Agencies of the State Bank of Vietnam, to discuss the implementation of phase 2 of the Trade Finance Registry (TFR) Data Platform Project. Dr. Nguyen Quoc Hung, Vice President cum General Secretary of VNBA chaired the meeting.
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Acquirers of weak banks get reserve ratio incentive policy
This policy is expected to motivate large banks to participate in handling weak banks, while opening up more credit space for the economy.
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VNBA seeks feedback on Draft Decree for commodity trading at Vietnam’s International Financial Center
The Vietnam Banks Association (VNBA) has recently issued an official letter to the General Directors of the member institutions, requesting comments on the draft Draft Decree on Commodity Trading Policies at the International Financial Center which regulating import–export policies, distribution of goods and services, commodity exchanges, and the operation of commodity trading floors within Vietnam’s financial centers.
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Agribank Announcement: Updates to the preferential Credit Program for individual customers
Agribank (Vietnam Bank for Agriculture and Rural Development) is pleased to inform our valued customers about adjustments to the Preferential Credit Program for individual clients, effective from August 15, 2025, to December 31, 2025.
