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Vietcombank released its interest rate information for April 2025
Vietcombank released its interest rate information for April 2025
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SBV works to ensure $20b preferential credit package is effective and safe
The SBV has been actively developing and refining the mechanism to implement the largest credit package ever, with a total value of up to VND500 trillion.
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Agribank and MobiFone cooperate comprehensively, promoting digital transformation
On May 12, 2025, in Hanoi, the Bank for Agriculture and Rural Development of Vietnam (Agribank) and MobiFone Telecommunications Corporation had a working session to evaluate the results of cooperation in the past time, and at the same time discuss the strategic cooperation orientation in the coming time.
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VNPAY achieves international-standard security certification
VNPAY has become the first company in Vietnam, and the 26th globally, to achieve MPoC (Mobile Payments on Commercial Off-The-Shelf) security certification, the latest international standard for mobile payments, for its PhonePOS payment solution.
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Comprehensive financial and digital solutions for SME enterprises
Vietnam International Commercial Joint Stock Bank (VIB), Vietnam Payment Solution Joint Stock Company (VNPAY) and Visa (NYSE: V) have just announced a partnership to launch a comprehensive suite of financial and digital solutions, specifically designed to support Vietnamese small and medium-sized enterprises (SMEs) to improve operational efficiency, optimize payment processes and promote sustainable growth.
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VNBA leader got the "21st Century Pioneer Leader in Innovation Award"
At the Global Science and Economy Forum 2025 in Dubai, UAE, Vietnam Banks Association Vice Chairman cum Secretary General Nguyen Quoc Hung was honored to receive the "21st Century Pioneer Leader in Innovation Award".
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Transferred weak banks under restructuring
Military Bank and Vietcombank, which took over struggling Oceanbank and CBBank late last year, have begun restoring the weak banks.
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ABBANK’s pre-tax profits more than double
An Bình Commercial Joint Stock Bank (ABBANK) achieved pre-tax profits of VNĐ407 billion (US$15.6 million) in the first quarter, a 128 per cent increase from the same period last year.
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21 commercial banks register for 500,000 billion VND credit package
The State Bank of Vietnam (SBV) has worked with banks to deploy a credit package of about VND500,000 billion to support businesses investing in infrastructure and digital technology. Currently, 21 commercial banks have registered to participate with different commitment scales.
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VNBA, Moody's Ratings worked on green finance
On May 8, 2025, the Vietnam Banks Association (VNBA) had a working session with representatives of the international credit rating organization Moody's Ratings to discuss issues related to green finance and the sustainable financial development in the banking industry.
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Core factors for Vietnamese banks to reach out globally
In the era of globalization, brand is not only an identification factor but also a key strategic asset of each organization, especially in the banking sector - where trust and reputation determine existence and development. For Vietnam, the goal of bringing some commercial banks into the Top 100 in Asia, and even listing internationally, is an ambitious step.
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Vietnamese banks promote development of global strong brands
The State Bank of Vietnam (SBV) will require Vietnamese banks to develop systematic and long-term brand strategies to establish regional and globally-strong banking brands.
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Green Credit – Key for Sustainable Finance Strategy
On April 25, 2025, the State Bank of Vietnam (SBV), in collaboration with the Lao Dong (Labor) Newspaper, organized the Workshop themed “Unblocking Green Credit Flows” under the chairmanship of SBV First Deputy Governor Dao Minh Tu.
