News
Press Release : Circular No.24
On the Issuance of a Circular Amending and Supplementing a Number of Articles of Circular No. 63/2024/TT-NHNN Regulating the Dossier and Procedures for Revoking Licenses and Liquidating Assets of Credit Institutions and Foreign Bank Branches; Dossier and Procedures for Revoking Licenses of Representative Offices in Vietnam of Foreign Credit Institutions and Other Foreign Organizations with Banking Operations
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Banking on advice to boost financial futures
Many commercial banks, with extensive customer bases, transparent transaction data and widespread branch networks, have trialled wealth management models offering investment consulting, insurance and financial planning services to VIP clients.
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Government-backed STEM loans launched by VBSP
Vietnam Bank for Social Policies (VBSP) is introducing preferential loans to STEM students as part of efforts to build a stronger science and technology workforce.
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Interest rate developments applied by credit institutions in July 2025
State Bank of Vietnam has just released the interest rate developments of credit institutions in July 2025.
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SBV's Action Plan on improving social policy credit in the new period
On August 27, 2025, the State Bank of Vietnam (SBV) issued the Action Plan of the Banking sector to implement Decision No. 1560/QD-TTg dated July 18, 2025 of the Prime Minister promulgating the Plan to implement Directive No. 39-CT/TW dated October 30, 2024 of the Central Party Secretariat on improving the effectiveness of social policy credit in the new period (Decision No. 3061/QD-NHNN).
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Vietnamese banks standing strong although risks remain
Vietnam’s banking sector has been a key facilitator as well as beneficiary of the country’s robust economic growth. We forecast total system outstanding loans to double by the end of this year relative to five years ago. This makes Vietnam the second-largest banking system in ASEAN by assets, ahead of other larger and higher-income economies.
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Vietnamese banks get ready to join crypto asset market
The newly issued Law on Digital Technology Industry will take effect from January 1 and is considered an important milestone, ending many years of legal ambiguity on issues related to crypto assets.
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Credit trends set tone for key sectors
Credit across the banking system has surged at an unusually high pace this year, with a significant share directed towards real estate and securities, raising concerns over the sustainability of growth.
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Basic contents of Decree 232/2025/ND-CP on management of gold trading
The Government has just issued Decree No. 232/2025/ND-CP dated August 26, 2025 amending and supplementing a number of articles of Decree No. 24/2012/ND-CP dated April 3, 2012 of the Government on management of gold trading activities.
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Shinhan Bank expresses gratitude to business customers with free Ting Ting speakers
Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) has launched the “Customer Appreciation Day for Business Customers” across all 55 branches and transaction offices nationwide, featuring a free giveaway of Ting Ting Speakers. This initiative is dedicated to expressing gratitude to individual business owners, household businesses, private enterprises, and SMEs that have accompanied the Bank throughout the years.
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SBV tightens reins as new financial hub eyes clean money flow
The State Bank of Việt Nam has proposed that all international electronic money transfers valued at US$1,000 or more within the country’s forthcoming international Financial Centre (IFC) must be reported to strengthen monitoring mechanisms and anti-money laundering (AML) efforts.
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SBV proposes reporting for international transfers threshold of $1,000
The State Bank of Vietnam (SBV) has proposed new rules requiring reporting of international transfers of $1,000 or more, aiming to curb illicit flows and money laundering.
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Acquirers of weak banks get reserve ratio incentive policy
This policy is expected to motivate large banks to participate in handling weak banks, while opening up more credit space for the economy.
