All Category
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.
-
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.
-
PVcomBank and BPC mark 10 years of partnership
BPC, a global leader in payment solutions, and PVcomBank mark a decade of partnership that has empowered PVcomBank to provide innovative, secure, safe and reliable banking services.
-
Deputy Governor Pham Tien Dzung meets Senior Executive Vice President of ICBC
On February 28th, 2025, at the headquarters of the State Bank of Vietnam (SBV), Deputy Governor Pham Tien Dzung had a meeting with Mr. Zhang Wei Wu, Senior Executive Vice President of the Industrial and Commercial Bank of China (ICBC). Also attending the meeting, one the SBV’s side, there were representatives of the International Cooperation Department, the Payment Department, and the National Payment Corporation of Vietnam (NAPAS).
-
Standing Committee of VNBA's Council holds the 2nd meeting in 2025
On March 6, 2025, in Hanoi, the Standing Committee of the Vietnam Banks Association (VNBA) Council held its 2nd meeting of 2025 to discuss and approve a number of contents under its authority, and officially introduce its new Chairman for the 7th term (2020 - 2025).
-
Measures to reduce lending interest rates to promote economic growth
On the afternoon of March 5, 2025, in Hanoi, the Government Office held a regular Government press conference for February 2025.
-
VNBA plans to establish Risk Management Committee
On March 4, 2025, in Hanoi, Vietnam Banks Association (VNBA) held a meeting to discuss on the establishing a Risk Management Committee under the VNBA to enhance support for the operations of member credit institutions.
-
Commercial banks upbeat about achieving high profits in 2025
Vietnamese commercial banks are optimistic about their 2025 profit targets, with many expecting increases of 20 per cent to 30 per cent due to anticipated robust economic growth and a resurgence in credit activity.
-
Drafting the Handbook to support account and card processing
On March 3, 2025, the Vietnam Banks Association (VNBA) held a meeting to collect opinions and finalize the draft coordination process to support the handling of Accounts/cards related to transactions suspected of fraud, forgery, and scams, after receiving comments from the State Bank of Vietnam and relevant ministries and branches.
-
VNBA organizes Conference to deploy Code of Conduct on One-Way Overseas Money Transfers
On February 27, 2025, in Hanoi, the Vietnam Banks Association (VNBA) held a Conference on the implementation of the Code of Conduct and unified practices on the list and principles of providing documents for one-way remittance transactions abroad by residents who are Vietnamese citizens (hereinafter referred to as the Code of Conduct) to help members effectively implement the agreed regulations. The Conference was held offline and online with nearly 800 delegates attending.
-
Banks expect upbeat profit picture for 2025
Several banks have set higher profit targets for this year, expecting more positive credit growth amid improved capital absorption capacity and an acceleration of public investment.
-
VietBank signed a strategic partnership agreement with KPMG
VietBank signed a strategic partnership agreement with KPMG in Vietnam on February 25 to launch the 'Transformation and Project Management Office Support' initiative.
-
Domestic banks strengthen international partnerships
With central banks worldwide returning to monetary easing, the potential influx of cheap capital may drive domestic banks to pursue opportunities abroad.
