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Standard Chartered Vietnam named Best Foreign Bank and Best Digital Bank 2024
On January 8, Standard Chartered Bank Vietnam has been named “Best Foreign Bank Vietnam 2024” for the fourth consecutive year and “Best Digital Bank Vietnam 2024” for the second consecutive year by Global Business Review.
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Remittances to HCMC soar to $9.6B
Remittances to HCMC last year were worth a record US$9.6 billion after rising by $140 million from 2023.
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Cross-border QR payment service launched between Vietnam and Laos
A cross-border QR payment service between Vietnam and Laos was launched on January 9 to bolster tourism and economic exchanges between the two countries
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Majority of credit institutions expect profit growth in 2025
According to an SBV survey, In 2025, 85.1 per cent of credit institutions expect their pre-tax profits to grow positively compared to 2024.
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NAPAS organized 2025 mission implementation conference
On January 14, 2025, the National Payment Corporation of Vietnam (NAPAS) successfully organized the "2025 Mission Implementation Conference". The event welcomed the participation of Mr. Pham Anh Tuan – Director of the Payment Department of the State Bank of Vietnam (SBV).
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AI Applications in Banking: Optimizing Operational Efficiency, Enhancing Customer Experience
On January 10, 2025, in Hanoi, the Vietnam Banking Association in collaboration with NVIDIA and GreenNode organized a workshop: "Promoting the AI Revolution in Finance - Banking: Solutions from NVIDIA and GreenNode" to help members enhance the application of artificial intelligence (AI) to improve operational efficiency, optimize customer experience and enhance competitiveness in the context of strong digital transformation.
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QR code payment transactions surged in 2024
The year 2024 has marked a significant shift in Vietnamese consumer behaviour toward non-cash payments.
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Bank credit pours into the economy reaching $611 billion
Announcing performance results of the banking industry in Hà Nội, the deputy governor of the SBV said monetary policy in 2024 was reasonable, ensuring the country’s GDP growth at 7.08 per cent and inflation under control at 3.6 per cent.
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Key tasks in the 2025 Action Plan of VNBA
In 2024, VNBA has completed tasks comprehensively and excellently, actively contributing to the overall success of the whole industry, the position and reputation of VNBA are increasingly enhanced.
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The Council of Vietnam Banks Association held the 6th meeting, term VII
On January 9, 2025, in Hanoi, the Council of the Vietnam Banks Association (VNBA) held its 6th meeting, term VII, to discuss and approve a number of contents under its authority.
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Banks launch promotions to hail Year of the Snake
Banks in Vietnam are trying to attract customers with a variety of promotions at the start of the year.
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VNBA seeks members' opinions on draft Enterprise Law (amended)
The Vietnam Banking Association (VNBA) has just sent an official dispatch to the General Directors of member organizations to solicit opinions on the draft Dossier proposing the development of the Law on Enterprises (amended).
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First private lender successfully issues $118M in green bonds
The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has issued VNĐ3 trillion (US$118 million) in green bonds, becoming Việt Nam's first private bank to do so.
