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SBV authorised to grant zero-interest, collateral-free special loans
Special loans from the State budget should only be provided when credit institutions face liquidity difficulties or to facilitate compulsory recovery and transfers. These measures aim to ensure the safety of the banking system and protect depositors’ rights.
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NA passed the Law amending and supplementing several articles of the Law on Credit Institutions.
With the overwhelming majority of delegates in favor, this morning (June 27), at the 9th Session, the 15th National Assembly officially passed the Law amending and supplementing a number of articles of the Law on Credit Institutions.
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Accompanying the development of credit institutions in the rise era
On June 25, 2025, the Party Cell of the Standing Office of the Vietnam Banks Association held the Congress for the 2025 - 2030 term. Attending and directing the Congress was comrade Pham Tien Dzung - Member of the Standing Committee of the Party Committee of the State Bank of Vietnam, Deputy Governor of the State Bank of Vietnam.
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Digital assets finally go legal for Vietnam
The official legal recognition of cryptoassets presents both an opportunity to accelerate the growth of the digital tech market and a challenge in mitigating potential related disputes.
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Banks with high proportion of retail loans expect to benefit from law change
The Law on Credit Institutions is proposed to be amended to include some provisions of Resolution No 42/2017/QH14 on piloting bank bad debt settlement.
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Overnight interbank interest rate hits 16-month low
According to data from the US Federal Reserve’s New York branch, the gap between the US secured overnight financing rate (SOFR) and the Việt Nam’s overnight interest rate on June 18 was 2.28 percentage points.
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Interest rate development applied by credit institutions in May 2025
State Bank of Vietnam has just released the interest rate developments of credit institutions in May 2025
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Overhaul of legal framework aims to tackle bad debts
The financial market has witnessed a wave of mandatory bank acquisitions in the recent past. Early this year, major commercial lenders MB, HDBank, and VPBank took over struggling lenders OceanBank, DongA Bank, and GPBank, respectively.
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On the issuance of the new Circular No.08/2025/TT-NHNN
On June 6, 2025, the Governor of the State Bank of Vietnam (SBV) has issued Circular No. 08/2025/TT-NHNN.
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VNBA and Visa hold quarterly meeting
On June 25, 2025, the Vietnam Banks Association (VNBA) held a regular meeting for the second quarter of 2025 with Visa International Card Organization. At the meeting, Visa updated new solutions being deployed in the global market, including strategic solutions in the Vietnamese market.
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Enjoy summer with “customer appreciation week” at Shinhan Bank
“Customer Appreciation Week” program continued to be successfully taken place by Shinhan Bank Vietnam Limited (“Shinhan Bank”) in Q2.2025 from June 16th until June 20th, 2025 with numerous meaningful appreciation gifts for customers when visiting 54 branches and transaction offices of Shinhan Bank nationwide.
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VIB introduces PayFlex in first implementation of Visa VFC technology
Vietnam International Bank (VIB) is introducing VIB PayFlex, an innovative financial feature developed on the Visa Flexible Credential (VFC) technology, allowing VIB Visa cardholders to make flexible payments from two funding sources – credit and debit accounts – using a single credential, enabling smarter financial control and maximizing rewards.
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The State Bank of Vietnam reorganizes the regional branch system
Regional branches of the State Bank of Vietnam (SBVs) will officially come into operation from July 1, 2025, in sync with the new local government system.
