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VietinBank and MUFG collaborate on Vietnam Development Initiatives
During visiting to Vietnam on August 7, 2025, Mr. Hironori Kamezawa, President & CEO of Mitsubishi UFJ Financial Group (MUFG), a strategic partner of the Joint Stock Commercial Bank for Industry and Trade of Vietnam (VietinBank), held important meetings with Prime Minister Pham Minh Chinh and Governor of the State Bank of Vietnam Nguyen Thi Hong.
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Promoting factoring services in Vietnam
On August 12, 2025, in Hanoi, the Vietnam Banks Association (VNBA) and the International Finance Corporation (IFC) jointly organized the "Policy Dialogue on Factoring Business in Vietnam". This event provided a comprehensive picture of the current status of factoring activities in Vietnam, while also pointing out the difficulties, challenges as well as the great development potential of this market.
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Shinhan Bank Vietnam accompanies households in business transformation
Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) successfully organized the event “Shinhan Bank Vietnam – Supporting Business Households”, in response to Resolution 68-NQ/TW and Resolution 198/2025/QH15 on the strategy for private economic development, as well as to accompany business households in implementing Decree 70/2025/ND-CP through comprehensive financial solutions. The event took place at the Bank’s Head Office, attracting over 150 business households from Ho Chi Minh City.
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Standard Chartered fuels Việt Nam’s net-zero path
Standard Chartered, a major international bank with a strong presence in Việt Nam, is helping bridge the financing and advisory gap for this transition.
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SBV issues Circular on microfinance institutions' operational network
HANOI – July [Day], 2025 – The Governor of the State Bank of Vietnam (SBV) signed and issued Circular No. 19/2025/TT-NHNN on July 31, 2025. This circular regulates the operational network of microfinance institutions.
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VNBA calls on credit institutions to stabilize interest rates
The Vietnam Banks Association calls on credit institutions to stabilize interest rates and support economic growth.
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Banks focus on increasing charter capital in second half of year
To boost capital, banks are issuing dividend stocks, making private placements, and selling shares to foreign investors.
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FinDev Canada, SMBC and JICA pledge $215 million to HDBank
Canada's bilateral Development Finance Institution, FinDev Canada, Sumitomo Mitsui Banking Corporation (SMBC), and the Japan International Cooperation Agency (JICA) on August 2 announced the signing of a $215 million syndicated loan facility for HDBank.
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SBV pushes rate cuts to support economic growth
At a conference held on August 4, 2025 in Hà Nội, SBV Deputy Governor Phạm Thanh Hà said that stabilising deposit rates and reducing lending rates are key tools to promote economic recovery and maintain macroeconomic stability.
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VNBA and HKTDC promote cooperation in finance and fintech
On the morning of August 6, 2025, in Hanoi, the Vietnam Banking Association (VNBA) had a working session with the delegation of the Hong Kong Trade Development Council (HKTDC) - China on financial services and fintech in Vietnam and Hong Kong (China), aiming to strengthen connections and seek opportunities for extensive cooperation between the two dynamic financial markets.
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Stabilize deposit interest rates, reduce lending interest rates
On August 4, 2025, the State Bank of Vietnam (SBV) issued Official Dispatch No. 6784/NHNN-CSTT directing and guiding the banking system to resolutely and effectively implement solutions to stabilize deposit interest rates and reduce lending interest rates to promote economic growth in 2025 under the direction of the Government and Prime Minister.
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Circular 14: Stricter rules favour stability, restrict cash payouts
The policy, effective from 15 September this year, prioritises capital consolidation over shareholder payouts and signals a shift from broad-based encouragement to more selective oversight.
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Banks dominate top 20 listed firms in H1, 2025
In the broader top 20, banks accounted for 12 of the most profitable firms.
