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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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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.
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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).
