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VNBA seeks members' opinions on draft Circular amending Circular 63
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations to seek opinions on the draft Circular amending and supplementing a number of articles of Circular No. 63/2024/TT-NHNN (Circular 63).
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Cashless Day 2025: “Non-Cash Payment: Promoting the Digital Economy”
On June 2, 2025, a press conference to announce the “Cashless Day 2025” with a theme of “Non-Cash Payment: Promoting the Digital Economy” was organized under the direction of the State Bank of Vietnam (SBV) and Ho Chi Minh City People's Committee, with the SBV Payment Department, the Banking Times, and the Tuoi Tre Newspaper being the key implementing agencies, in collaboration with Ho Chi Minh City’s Department of Industry and Trade and the National Payment Corporation of Vietnam (NAPAS).
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Several banks plan to list share on stock exchange
The drive toward listing is part of a broader strategy among banks to strengthen capital bases.
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The 3rd Standing Council Meeting of VNBA in 2025
On the afternoon of June 4, 2025, in Hanoi, the Standing Council of the Vietnam Banks Association (VNBA) held the 3rd meeting of 2025 to discuss and give opinions on a number of issues under its authority, and deploy work for the last 7 months of the year.
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Shinhan Bank launches the online exchange money service on SOL app
Shinhan Bank Vietnam Limited (“Shinhan Bank”) has recently launched the Online Exchange Money Service on Shinhan SOL Vietnam application (“SOL app”) for individual customers. This serves as an important stride of Shinhan Bank’s digitalization strategy, aiming to provide customers with flexible, convenient and safe financial solutions.
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Decree No.94/2025/ND-CP and opportunities for Vietnamese Fintech
On June 3, 2025, in Hanoi, the Vietnam Financial Technology Club (VietFintech Club) under the Vietnam Banks Association organized a seminar on "Decree No.94/2025/ND-CP and opportunities for Vietnamese Fintech" to disseminate and clarify the content of Decree No. 94/2025/ND-CP on the sandbox in the banking sector.
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VNBA and the IMF experts talk on crypto assets and digital banking
On June 3, 2025, in Hanoi, the Vietnam Banks Association (VNBA) had a working session with the International Monetary Fund (IMF) delegation to exchange information, share practices and contribute ideas related to crypto assets, virtual assets and digital banking in Vietnam. The working session is within the framework of supporting the IMF in collecting information for research and policy making related to the financial technology sector in the region.
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VNBA and Austrade to advance fintech and digital innovation
On the afternoon of June 2, 2025, in Hanoi, the Vietnam Banks Association (VNBA) and the Australian Trade and Investment Agency (Austrade) held a signing ceremony for a memorandum of understanding (MOU) on cooperation, marking an important step forward in enhancing connectivity, developing the financial technology (Fintech) sector and promoting sustainable development of the financial market between the two countries.
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Banks aim to boost efficiency through listings and capital hikes
Several Vietnamese banks are planning to switch stock exchanges and raise capital in 2025, aiming to improve transparency, liquidity, and market competitiveness.
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SHB presents payment solution at Banking Digital Transformation event
As one of the first banks invited to present at the event, SHB highlighted its comprehensive digital offerings tailored for administrative and public sector units, aiming to accelerate the digitalisation process across Việt Nam's financial system.
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Banking industry promotes digital transformation for smart digital ecosystem
The digital transformation of the banking industry must be further promoted to better the connection between commercial banks with people, enterprises and the State, Prime Minister Phạm Minh Chính said at a banking event on Thursday.
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Credit expects to surge as interest rates bottom out
Widespread deposit rate cuts have pushed Vietnamese banks’ interest rates to their lowest in two years, even as the pace of decline begins to slow.
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Proposal to give State Bank special lending authority
State Bank governor Nguyễn Thị Hồng explained that the changes are necessary in light of rapid technological advancements and the increasing ease of banking transactions, which have made sudden mass withdrawals more likely.
