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Interest rate developments of credit institutions for customers in March 2025
State Bank of Vietnam has just released the interest rate developments in March 2025
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TCB, SHB stand out in Decision Lab Bank Satisfaction Rankings 2025
Specifically, with 84.6 points, four points higher than the previous year, Techcombank surpassed Vietcombank to secure the top spot. Vietcombank fell to the second place with a score of 84.3, while MB climbed to the third place with a score of 81.6, up one place from the previous period.
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WFIS redefines future of financial services
World Financial Innovation Series (WFIS) officially took place over two days—April 15 and 16—at the Melia Hotel in Hanoi.
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Several small banks eyeing major exchange listings
Several small lenders are planning to move their stock to major exchanges to bolster stock liquidity and replenish their capital sources.
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VNBA and World Bank experts talk about Co-opBank and PCFs
On April 22, 2025, the Vietnam Banks Association (VNBA) had a working session with the World Bank (WB) delegation to discuss the operational efficiency of the People's Credit Fund system, development prospects as well as advantages, difficulties and related proposals and recommendations. Dr. Nguyen Quoc Hung - Vice Chairman cum General Secretary of VNBA chaired the reception of the delegation.
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Legalizing Resolution No. 42: An important step forward to improve the efficiency of bad debt handling
On April 18, 2025, the Vietnam Banking Association held a Seminar to provide comments on the draft Law amending and supplementing a number of articles of the Law on Credit Institutions (CIs) 2024.
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IFC proposes $60 million global trade finance for Maritime Bank
The International Finance Corporation (IFC), a member of the World Bank Group, is mulling a $60-million loan to Maritime Commercial Joint-Stock Bank (MSB).
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WB and ADB provide $400 million for three projects in Vietnam
The World Bank and the Asian Development Bank will provide loans and grants worth $400 million for three socio-economic development projects in Vietnam.
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Synchronously implement solutions to support businesses in overcoming challenges
On the afternoon of April 17, 2025, the Vietnam Federation of Commerce and Industry (VCCI) organized the "Business Forum 2025: Supporting businesses to overcome challenges and improve competitiveness". Sharing at the forum, Dr. Nguyen Quoc Hung, Vice Chairman cum General Secretary of the Vietnam Banks Association (VNBA) emphasized the need to synchronize solutions to help businesses overcome challenges and improve competitiveness.
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Bilateral payment connection using QR code between Vietnam and China
Industrial and Commercial Bank of China (ICBC) acts as the Chinese focal payment bank in the Cross-Border QR Code Connection Project, coordinating with NAPAS and Vietcombank to deploy a modern digital payment infrastructure, aiming to integrate the payment ecosystems of the two countries.
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SBV continues to review and cut administrative procedures
100% of the intra-government administrative procedures between the State Bank of Vietnam (SBV) and other State administrative agencies, as well as the internal procedures within the SBV, will be reviewed and simplified.
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ICBC achieves steady business development while maintaining stability in 2024
On March 28, 2025, Industrial and Commercial Bank of China (stock code SH: 601398; HK: 1398) announced its annual results for 2024. In 2024, ICBC made solid headway in the “five transformations” of intelligent risk control, modern layout, digital driver, diversified structure and ecological foundation. ICBC actively played the role of a leading bank, and delivered a stable, higher-quality performance with sound momentum while supporting the high-quality economic recovery.
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Credit Program worth VND 100,000 billion for Agriculture, Forestry and Fisheries Sectors
The State Bank of Vietnam (SBV) has requested the commercial banks to expand their lending targets in implementing the Credit Program for the Agriculture, Forestry and Fisheries Sectors.
