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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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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.
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Banks urged to spare homes in bad debt asset seizures
The State Bank of Vietnam has proposed assets as sole homes and only sources of income be exempted from bad debt asset seizure.
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VNBA collaborates with CIC and credit information companies to foster transparent market development
Hanoi, August 19, 2025 - The Vietnam Banks Association (VNBA) conducted a working session with the National Credit Information Center (CIC) and member credit information companies to explore solutions for advancing transparent and efficient credit information market development in alignment with Government and State Bank of Vietnam guidelines.
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On the Issuance of the Circular No. 23/2025/TT-NHNN
The State Bank of Vietnam has issued a circular amending and supplementing several articles of Circular No. 30/2019/TT-NHNN, dated December 27, 2019, of the Governor of the State Bank of Vietnam, regarding the implementation of compulsory reserves for credit institutions and foreign bank branches.
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SBV implements legal regulations on international integration
The Governor of the State Bank of Vietnam (SBV) issued Decision No. 2971/QD-NHNN with the Plan to implement Resolution No. 153/NQ-CP dated May 31, 2025.
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BIDV and HanaBank strengthen cooperation to promote Vietnam–Korea relations
On August 12, 2025, in Seoul, South Korea, within the framework of the State visit to South Korea by General Secretary To Lam, the Vietnam–Korea Economic Forum was held under the theme “Cooperation for Developing Production Chains in the New Era!”.
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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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Upbit and MBBank to launch Việt Nam’s first digital trading platform
In a landmark move for Việt Nam’s digital economy, South Korea’s top cryptocurrency exchange operator, Dunamu, has teamed up with Military Commercial Joint Stock Bank (MB) to launch the country’s first locally operated digital asset trading platform
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Việt Nam banks on bigger loans to lift lending limit
Việt Nam Banking Association has proposed consumer lending limit of finance companies from VNĐ100 million (US$3,800) to VNĐ300-400 million in an effort to expand consumer credit.
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Banks accelerate lending as real estate, stock markets attract capital
The banking system's credit growth reached about 10 per cent after seven months, significantly higher than the 6 per cent recorded in the same period in 2024, according to the State Bank of Vietnam (SBV).
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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.
