News
SBV to curb property price inflation, enforce lending rate rules
Commercial banks and real estate businesses should no longer regard property as a sector that would always generate high profits, said SBV Governor.
-
On the Promulgation of regulations regarding the purchase, sale, and resolution of bad debts by the Vietnam Asset Management Company (VAMC)
The State Bank of Vietnam (SBV) has officially issued regulations governing the purchase, sale, and resolution of bad debts by the Vietnam Asset Management Company (VAMC), alongside mechanisms for issuing, managing, and settling special bonds. This legal framework aims to establish a synchronized corridor to unblock credit flows, accelerate bad debt resolution, and ensure the safety of the banking system.
-
Banks cut costs to lower lending rates for priority sectors
At the meeting, banks agreed to lower deposit interest rates, cut costs, and share a portion of their profits in order to reduce lending rates, with a focus on supporting production, business activities and priority sectors.
-
Governor Pham Duc An calls for continued review and improvement of the legal framework for the banking sector
On the afternoon of 20 October, the State Bank of Vietnam (SBV) held a consultation conference on the results of a comprehensive review of the system of legal normative documents falling within the SBV’s state management remit. The conference was chaired by Pham Duc An, Member of the Party Central Committee and Governor of the SBV.
-
Interest rate developments applied by credit institutions in September 2026
State Bank of Vietnam has just released the interest rate developments of credit institutions in September 2026.
-
State Bank of Vietnam directs the implementation of measures governing credit institution operations
On 18 October 2026, the State Bank of Vietnam (SBV) issued Official Letter No. 9608/NHNN-CSTT on the implementation of measures governing credit institution operations, with the aim of continuing to contribute positively to maintaining macroeconomic stability, controlling inflation, supporting economic growth and safeguarding the safety of the banking system.
-
New liquidity rules offer lending headroom but funding pressures persist
Circular No. 50/2026/TT-NHNN raises the maximum loan-to-deposit ratio (LDR) to 95 per cent from currently 85 per cent while introducing a phased transition towards Basel III liquidity standards.
-
The banking sector stands alongside businesses and the economy in the green transition
On the morning of October 14, 2026, in Hanoi, Mr. Nguyen Ngoc Canh, Deputy Governor of the State Bank of Vietnam (SBV), attended and delivered remarks at the seminar entitled “Credit policy and the carbon market: Unlocking green finance”, organised by Finance – Investment Newspaper.
-
Vietnam’s banking sector in the first nine months of 2026: Credit growth, digital transformation and support for economic growth drivers
During the first nine months of 2026, Vietnam’s banking sector continued to implement coordinated and flexible measures covering monetary policy, credit, interest rates and exchange-rate management, while accelerating digital transformation and cashless payments.
-
Cashless payments: A key driver of financial inclusion
On the morning of October 6, 2026, the Banking Times organized a seminar themed “Promoting Financial Inclusion – The Momentum from Cashless Payments.” The seminar was chaired by Mr. Pham Thanh Ha, Deputy Governor of the State Bank of Vietnam (SBV), and attended by representatives of SBV departments and agencies, the Ministry of Public Security, credit institutions, payment infrastructure operators, experts, academics, businesses and the press.
-
On the issuance of Regulations on the Safety, Risk management and Deployment conditions for the application of artificial intelligence systems in the banking sector
On September 30, 2026, the Governor of the State Bank of Vietnam (SBV) issued Circular No. 53/2026/TT-NHNN, prescribing safety, risk management and deployment conditions for the application of artificial intelligence (AI) systems in the banking sector.
-
Central bank plans to enhance monitoring to prevent money laundering
Under an SBV draft circular on the procedures for monitoring activities within the monetary and banking sectors, the SBV proposed to incorporate information regarding bank executives, major foreign shareholders, VIP clients and politically exposed persons into its anti-money laundering supervisory data system, categorised by risk level.
-
Banks to gain access to tax data for credit assessment
The General Department of Taxation and the National Credit Information Centre of Vietnam (CIC) have signed a cooperation agreement on exchanging and using data to create a framework for closer information sharing between the tax and banking sectors.
