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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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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.
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VPBank secures record $1 billion sustainable syndicated loan
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has announced the successful execution of a landmark international syndicated loan transaction with an initial value of $1 billion, with an upsize option available depending on the bank’s future funding requirements.
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Workshop “The Importance of Data in preventing Financial Crime”
The workshop “The importance of data in preventing financial crime” organized by the Vietnam Banking Association (VNBA) in collaboration with Lucid Company will take place on May 20, 2025 in Hanoi. We respectfully invite members to send representatives to attend the workshop.
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Bad debt legislation to unlock credit
A more robust legal system is crucial to unlocking over $160 billion in credit resources as Vietnam moves to amend the Law on Credit Institutions, preventing a surge in bad debt from turning into dead capital.
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Many banks prioritise seeking foreign strategic investors
During this year's AGM season, many banks' boards and shareholders showed strong interest in securing foreign strategic partners.
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Banks meet Q1 2025 profit plans
Bank profits increased in the first quarter of this year, largely due to improved credit.
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Government approves two-year trial of P2P lending
Under the pilot, only P2P lending companies licensed by the State Bank of Vietnam (SBV) will be allowed to operate. Foreign banks are excluded from participation.
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Amending to the Circular on granting licenses to credit institutions
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations asking for opinions on the draft Circular amending and supplementing a number of articles of the Circular regulating the dossiers and procedures for granting first-time licenses to commercial banks, foreign bank branches and foreign representative offices, and non-bank credit institutions.
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Vietcombank and Vietnam Airlines partner to finance fleet expansion project
On April 23, 2025, Vietcombank and Vietnam Airlines officially signed a Memorandum of Understanding (MoU) to cooperate on financing the investment project for 50 new narrow-body aircraft.
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Digital assets, carbon credits expected to be collateral in bank loans
Currently, the assets are not yet recognised by Vietnamese law as collateral in bank credit activities, while current regulations mainly apply to tangible assets or traditional financial assets.
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FE CREDIT – A sustainable business committed to social responsibility
Over 14 years of development, FE CREDIT has continuously refined its growth strategies, ensuring a balanced approach between business expansion and environmental and social benefits. Today, FE CREDIT is a pioneer in community-driven initiatives within the consumer finance sector.
