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Q1 bank earnings surge on credit recovery, but market risks loom
Many banks posted strong first-quarter profits as lending and fee income rebounded sharply, though exchange-rate volatility and rising funding costs threaten to test growth sustainability in the months ahead.
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VNBA Secretary General Đào Minh Tú: Data as a strategic asset, progress anchored in resilience
Delivering the opening remarks at the World Financial Innovation Series 2026 (WFIS Vietnam 2026), Dr. Dao Minh Tu – Vice Chairman and Secretary General of the Vietnam Banks Association (VNBA) – asserted that the banking sector is entering a phase of deep digital transformation where data serves as the core strategic asset. However, the rapid pace of innovation must strictly run parallel with robust risk management and sustainable cyber resilience in an increasingly complex digital landscape.
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WFIS 2026: Banking sector accelerates digital transformation, prioritizing cybersecurity and risk management
On May 19 and 20, 2026, the World Financial Innovation Series (WFIS) 2026 officially took place in Hanoi. This prestigious annual event, marking its fourth edition in Vietnam, was co-organized by the Vietnam Banks' Association (VNBA) and TradePass (India).
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Private banks accelerate in equity
Accumulating equity capital through retaining profits to distribute stock dividends is becoming the dominant trend.
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VNBA: A Legacy of synergy, innovation, and strategic partnership in the new financial era
As a cornerstone of the national financial landscape, the Vietnam Banks Association (VNBA) continues to solidify its role as a pivotal liaison, steering the banking system toward modernization, global integration, and sustainable prosperity.
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VNBA successfully convenes 8th term Congress (2026–2031) and completes high-level leadership transition
On May 12, 2026, in Hanoi, the Vietnam Banks Association (VNBA) successfully organized its 8th term Congress for the 2026–2031 tenure. The event marked a significant milestone in reviewing past achievements and setting a strategic course for the future, highlighted by the election of a new senior leadership team.
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Banks strengthen digital shields against online fraud
The State Bank of Vietnam (SBV) said that by April 12, more than 3.7 million customer alerts had been issued through the information system for management, supervision and prevention of fraud risks in payment operations (SIMO).
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Banks get new growth opportunities from digital credit for business households
Government’s new policies on streamlining and digitalising cash flow and business performance of business households and individual businesses are opening up significant opportunities for banks to boost digital lending to the customer group.
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SBV proposes allowing foreign credit institutions to use local accounts for international payments
The State Bank of Vietnam (SBV) has proposed foreign credit institutions be allowed to use accounts opened at Vietnamese banks for international payment and money transfer services to facilitate international payment and promote financial integration.
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Moody's Ratings upgrades outlook of six Vietnamese banks to positive
Moody's Ratings on May 5 stated the ratings of six Vietnamese banks and changed their outlook to positive from stable.
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Vietnam banking sector marks 75-year milestone
Marking 75 years of development, the State Bank of Vietnam is stepping into a more demanding policy phase, tasked with anchoring stability, taming inflation, and steering capital flows to sustain faster, higher-quality growth.
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BIDV and Gaw Capital Partners sign MoU to boost strategic cooperation
A new strategic partnership agreement has been signed between BIDV and Gaw Capital Partners to strengthen cooperation and attract capital flows.
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Citi deploys $100m in social trade finance to support Vietnam MSMEs
On April 28, Citi successfully executed a series of first social trade advance transactions for financial institution clients in Vietnam.
