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VNBA Council successfully convenes the 2nd meeting, Term VIII: A strong shift from mindset to concrete action
On the morning of July 14, 2026, in Hanoi, the Council of the Vietnam Banks Association (VNBA) successfully held the 2nd Meeting of its VIII Term. With a spirit of innovation and decisiveness, the meeting voted to pass several crucial resolutions, affirming the determination to build a professional and practical Association that serves as a solid representative voice for the community of member organizations.
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The National Assembly's Economic and Financial Committee works with VNBA: Aligning legislation with market realities to refine the banking legal framework
On the morning of June 25, 2026, in Hanoi, the National Assembly's Economic and Financial Committee held a working session with the Vietnam Banks' Association (VNBA) and its member organizations. The meeting focused on gathering practical, hands-on feedback on key draft laws within the banking sector before their upcoming submission to the National Assembly.
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Vietnam and Singapore Launch Cross-border QR Payment Service, Accelerating Digital Economic
Hanoi, July 2, 2026 – The National Payment Corporation of Vietnam (NAPAS), in collaboration with Liquid Group (Singapore) and VietinBank, officially launched cross-border QR payment service between Vietnam and Singapore, enabling users of participating Singapore payment apps to make seamless QR payments at VietQRGlobal acceptance points across Vietnam.
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New policy in foreign exchange reserve management proposed
The State Bank of Vietnam (SBV) has proposed more flexible market intervention tools in a draft decree amending the management of the country's foreign exchange reserves.
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SSI, VietinBank, Visa launch ProfitX co-branded card
SSI ,VietinBank and Visa on June 25 launched the ProfitX co-branded card, a virtual international debit card designed to integrate investment and spending on a single digital platform, offering users a seamless financial experience.
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Việt Nam urged to simplify green credit access for SMEs
Việt Nam should simplify certification requirements for green projects and build a digital data platform for environmental data to help small and medium-sized enterprises (SMEs) access green loans, experts said at a conference on June 23.
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Sacombank to issue $760.5 million in bonds to support next growth phase
Saigon Treasure Commercial Joint Stock Bank (Sacombank, HOSE: STB) has approved a plan to issue an additional VNĐ20 trillion (approximately US$760.5 million) in privately placed bonds. This marks the bank's second bond issuance after approving a similar VNĐ20 trillion issuance in mid-June 2026.
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Hanoi partners with five banks to raise up to nearly $8 billion through bond issuance
Hanoi has signed MoUs with five big commercial banks to support the issuance of local government bonds, with plans to raise between $6-7.8 billion during 2027-2030 to finance key infrastructure projects, particularly the capital's urban railway network.
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Banks face diverging fortunes in second half of 2026
The banking sector is expected to face sustained pressure from narrowing net interest margins, tight liquidity and rising credit risks in the second half of 2026, although stronger lenders are likely to outperform amid growing market divergence.
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MB and tax authority sign cooperation deal to boost e-tax compliance
Military Commercial Joint Stock Bank (MB) has signed a cooperation agreement with tax authorities to support businesses in digital transformation and e-tax compliance.
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Vietnam unveils sweeping financial strategy overhaul to boost growth
Vietnam has overhauled key elements of its Financial Strategy through 2030, seeking to create more room for double-digit growth while safeguarding long-term fiscal and economic stability.
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SBV opens new lending room as infrastructure and property financing gets major boost
The State Bank of Vietnam has unveiled a series of policy changes that significantly expand banks’ lending capacity, paving the way for billions of dollars in additional funding for infrastructure and real estate projects.
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Banks split on lending rate adjustments in May
Twenty banks had disclosed their average lending rates for May as of June 21 with six reducing average lending rates and the remaining raising them, according to data released by the State Bank of Vietnam (SBV).
