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IFC, SECO Strengthen Partnership to Bolster Supply Chain Finance
To boost the competitiveness of Vietnamese smaller businesses, IFC, the Embassy of Switzerland, local authorities and business stakeholders celebrated the launch of the second phase of their supply chain finance (SCF) program. With a five million Swiss Francs grant from the State Secretariat for Economic Affairs (SECO) through 2029, this initiative aims to help over half a million Vietnamese small and medium enterprises (SMEs) access up to $35 billion in working capital.
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The Vietnam Banks Association Council meets the 7th session, the VII term
On March 17, 2025, in Hanoi, Vietnam Banks Association (VNBA) held the 7th Session of the Association Council to give some issues under the jurisdiction as well as unify the mission direction by 2025. Mr. Pham Toan Vuong - Chairman of the Association presided over, with the participation of members of the Association Council and the Inspection Board.
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Vietcombank, BIDV gear up for significant capital increases in 2025
Vietcombank plans to execute a private placement of 6.5 per cent of its equity, while BIDV anticipates raising about VNĐ4.8 trillion (US$188 million) through the issuance of 123.8 million shares in the first quarter of 2025.
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VNBA received Timor-Leste Central Banking delegation
On March 14, 2025, at the headquarters of the Vietnam Bank Association (VNBA), PhD. Nguyen Quoc Hung, Vice Chairman and General Secretary of VNBA had a meeting, working with the Central Banking delegation of Timor-Leste and some members of the Timor-Leste National Assembly.
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EIB to help SBV in promoting green finance
On March 12, 2025, Deputy Governor Nguyen Ngoc Canh met with Ms. Nicola Beer, Vice President of the European Investment Bank (EIB), at the headquarters of the State Bank of Vietnam (SBV)
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Banking sector aims to lend $2.78 million in Region 4 in 2025
The provinces in Region 4 are important geographical locations, with Lào Cai and Hà Giang bordering with China to the North, and Vĩnh Phúc and Phú Thọ bordering with Hà Nội to the South.
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Sandbox for digital assets in Vietnam: if not now, when?
Vietnam has emerged as one of the world’s most dynamic cryptocurrency markets. According to various reports, the country has consistently recorded over $100 billion in annual crypto inflows from 2022 to 2024, surpassing its foreign direct investment multiple times.
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SBV requests banks to proactively supply credit for rice production, processing, and export in Mekong Delta
Implementing the direction of the Prime Minister on the management to ensure the balance of rice supply and demand amid global and domestic market developments, and to promptly meet the credit needs for the production, processing, temporary storage and export of rice, especially for the purchase of commercial rice in the 2025 Winter-Spring crop in the Mekong Delta provinces, the State Bank of Vietnam (SBV) has requested the SBV branches No. 13, 14, and 15 to implement a number of key tasks.
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Acquirers of weak banks get incentive policies
The State Bank of Vietnam (SBV) completed the compulsory transfer of four vulnerable banks, CB, Oceanbank, DongA Bank and GPBank to Vietcombank, MB, HDBank, and VPBank, respectively.
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VPBank builds digital branchless bank to serve millions of customers
To realise the dream of developing comprehensive AI, a single organisation is not enough, but it is vital to create a seamless and strong digital ecosystem with thorough investment, according to Bui Hai Quan, vice chairman of the Board of Directors at VPBank, at the AI-Semiconductor Conference (AISC 2025) in Hanoi on March 12.
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Standard Chartered and State Bank of Việt Nam celebrate women in banking
Standard Chartered Vietnam and the SBV have co-organised a conference themed 'Women in banking take steady steps in digital transformation' in Hà Nội.
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VNBA invites members to attend online workshop on effective AI governance
On March 27, 2025, the Vietnam Banks Association (VNBA) will coordinate with PwC Vietnam to organize an online workshop "Effective AI Governance in the Banking and Finance sector", to provide information and discuss with experts on how to safely manage AI. We respectfully invite mmber organizations to send staff to attend.
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Banks adjust to balance and cut costs
With simultaneous interest rate cuts and accelerated credit disbursement, banks are fuelling Vietnam’s economic breakthrough, driving towards the ambitious targets of 8 per cent GDP growth and 16 per cent credit expansion this year.
