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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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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).
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Interest rate developments applied by credit institutions in May 2026
State Bank of Vietnam has just released the interest rate developments of credit institutions in May 2026.
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SBV proposes raising short-term lending cap to 40 per cent
The State Bank of Vietnam has proposed raising the cap on short-term funding used for medium- and long-term lending from 30 per cent to 40 per cent.
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VNBA members present in Fortune's 2026 Ranking of 500 largest enterprises in Southeast Asia
Fortune has just released its third annual Southeast Asia 500 ranking (The 2026 Southeast Asia 500), which ranks the region's largest companies by revenue for fiscal year 2025.
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Banks promote role in capital market through affiliated securities companies
Aside from traditional lending activities, many banks are expanding their role in the capital market by increasing bond issuance advisory and investment banking (IB) activities at their affiliated securities companies.
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Banks may close inactive accounts after three years under proposed rules
Vietnamese banks may be allowed to close payment accounts that have been inactive for three years or more under proposed amendments to regulations governing non-cash payments.
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Forging a security shield in payments: The synergy of technology and systemic connectivity
The explosion of digital payments serves as a a core growth engine for the economy, yet it also exposes the financial system to increasingly complex and large-scale cybersecurity challenges. To address this issue, on June 12, 2026, in Ninh Binh, the Card Association (under the Vietnam Banks Association - VNBA) organized the "Payment Risk Management Conference 2026" with the central theme: "Security of Payment Operations in the Digital Era - Opportunities and Challenges".
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IFC considers $86 million senior loan investment in SeABank
The International Finance Corporation (IFC) is proposing a five-year unsecured senior loan of up to $86 million in Southeast Asia Commercial Joint Stock Bank (SeABank).
