News
The vision to maintain a stable monetary policy
Against a backdrop of global economic uncertainties, Vietnam has maintained robust growth, effective inflation control, and macroeconomic stability. Deputy Governor of the State Bank of Vietnam Pham Thanh Ha shared insights with VIR’s Nhue Man on key monetary policy measures and strategic priorities.
-
Banks target stronger profits, credit growth in 2026
Banks are setting ambitious 2026 targets, aiming for strong profit growth and faster credit expansion while preparing for stricter capital requirements.
-
Vietnam’s restructured banks return to profit after years of losses
After several consecutive years of losses, all four Vietnamese banks under mandatory transfer - GPBank, Vikki Bank, VCBNeo, and MBV - have now reported profits for the year 2025, as confirmed by their respective parent institutions.
-
Vietnam's state banks race to raise capital in bid to enter Asia’s top 100
Vietnam’s state-controlled banks are accelerating capital increases as they seek to expand balance sheets and meet a government target of placing at least three lenders among Asia’s 100 largest banks by total assets by 2030.
-
Central bank rejects rumour small banknotes removed from circulation
The move was made after some social media sites have been spreading the rumour that the SBV plans to eliminate the small banknotes. The SBV affirmed that the rumour is inaccurate and lacks legal basis.
-
Việt Nam’s IFC takes shape after more than one month since establishment
The centre operates under a 'one centre, two destinations' model in HCM and Đà Nẵng cities, focusing on institutional breakthroughs and modern technological infrastructure.
-
Central bank’s first 2026 directive prioritises inflation control, macro stability
Directive 01/CT-NHNN sets a 4.5 per cent inflation goal and targets around 15 per cent credit growth to safeguard macro stability and sustainable growth.
-
Credit institutions forecast lower pre-tax profit growth in 2026
Credit institutions expect the business outlook to remain positive in 2026 but are more cautious about profit growth, according to the latest survey by the State Bank of Vietnam (SBV).
-
Việt Nam’s real estate credit hits $78b in Q4 2025 as central bank tightens oversight
The Ministry of Construction said real estate credit increased steadily throughout 2025 across housing, office leasing and industrial property, climbing from more than VNĐ1.56 quadrillion in the first quarter to around VNĐ2 quadrillion by year-end.
-
Fitch Ratings upgrades Vietnam’s senior secured long-term debt rating to BBB-
The rating for Vietnam’s secured long-term debt was raised to BBB-, equivalent to investment grade, one notch higher than the country’s long-term foreign-currency rating on unsecured debt, which remains at BB+. The upgrade followed Fitch’s review under its revised Sovereign Rating Criteria issued in last September, said the Ministry of Finance.
-
Interest rate developments applied by credit institutions in December 2025
State Bank of Vietnam has just released the interest rate developments of credit institutions in December 2025.
-
Deposit interest rates exceed 7%, pushing up lending rates
Deposit interest rates at mid-sized banks have continued to rise and surpass the 7 per cent per year mark, causing lending rates to increase.
-
Higher 2026 growth target puts pressure on credit framework
Vietnam’s credit growth framework is set to face mounting pressure as policymakers pursue a significantly higher economic growth target in 2026.
