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Vietnam banks unveil business plans for 2025
Many commercial banks in Vietnam will hold their AGMs at the end of March or early April, where key issues of investor interest will be discussed, including their business plans for 2025.
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VNBA delegation visited and worked with UB Group
On March 20, 2025, the delegation of Vietnam Banks Association (VNBA) led by Dr. Nguyen Quoc Hung, Vice Chairman cum General Secretary, visited and worked with UB Group Joint Stock Company (UBGroup) - a member of VNBA. The meeting aimed to assess the results achieved and orienting the development strategy in the coming time.
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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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Banks worry about proposal on changing invoice regulation
Banks are concerned about a sharp surge of invoices to be issued daily for small individual transactions due to a new regulation proposal from the Ministry of Finance
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Việt Nam seeks Standard Chartered Bank’s support for international financial hubs
The Vietnamese government plans to launch two IFCs in HCM City and Đà Nẵng over the next five years.
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Deputy CEO of VIB: "We aim to empower customers to maximize the value of their cash flow."
Personal finance is not just an individual concern; it directly influences the economy’s performance. When cash flow remains active and optimized, it benefits customers while fueling robust economic growth.
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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.
