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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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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.
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Standard Chartered promotes green and sustainable financing in Việt Nam’s education sector
Standard Chartered demonstrates its support for education sector clients by leveraging its extensive suite of sustainable finance products, helping to accelerate their transition to a more sustainable future.
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Big 4 banks estimate positive business results in 2024
One of the country's biggest banks expects results to be the best for four years.
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Techcombank’s shows commitment to ESG as key to sustainable growth
With 31 years of history, Techcombank has been a key enabler of Việt Nam’s economic growth and as sustainability becomes increasingly vital, the bank is embedding ESG into its core business strategy to ensure continued success and environmental protection.
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State Bank sets higher credit growth target for 2025
The credit growth target for the banking system in 2025 has been set higher than in 2024.
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Continue to improve the coordination process to support the handling of accounts and cards related to suspected fraudulent transactions.
On the afternoon of December 25, 2024, the Vietnam Banks Association (VNBA) held a meeting of the Working Group to develop a Coordination Process to support the handling of accounts and cards related to transactions suspected of fraud, forgery, and scams (CP) after receiving comments on the Draft from the State Bank of Vietnam and relevant ministries and branches.
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Shinhan Bank Vietnam continues receiving debit growth catalyst 2024
Shinhan Bank Vietnam Limited (“Shinhan Bank”) is honored to be recognized in the category of the “Debit Growth Catalyst 2024" award by Mastercard. The award was presented at the annual event "Vietnam Appreciation Dinner 2024" recently.
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Innovative banking drives CASA recovery to 20 per cent threshold
In 2024, the Current Account Savings Account ratio in Việt Nam’s banking sector rebounded from its lowest point and stabilised at around 20 per cent.
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Vietnam Banks Association admits ICBC Hanoi branch as associate member
On December 20, 2024, in Hanoi, the Vietnam Banks Association (VNBA) held a ceremony to admit Industrial and Commercial Bank of China (ICBC), Hanoi Branch as its associate member.
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AI will be a game-changer in banking and finance
Innovation is happening in every corner of the financial services industry. According to the Gartner 2025 CIO Agenda, the biggest expected changes in technology investments are generative AI with 39 per cent, cybersecurity/information security with 34 per cent, and AI with 33 per cent.
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Bank transfers lead to rebranding phase
Vietnam’s banking landscape is being reshaped by mandatory transfers, marking a pivotal step in stabilising weak banks and strengthening the sector.
