News
The Banking sector rolls out credit program targeting economic growth drivers and SMEs
The State Bank of Vietnam (SBV) recently issued Document No. 7125/NHNN-TD, dated August 7, 2026, addressed to commercial banks and SBV regional branches regarding the implementation of a credit program aimed at economic growth drivers and small and medium-sized enterprises (SMEs).
-
SBV orders tighter payment security after detecting chip theft fraud
The SBV asked payment service providers to urgently review their payment operations and step up measures to protect customers against increasingly sophisticated forms of card fraud.
-
Việt Nam introduces special policies to strengthen anti-money laundering framework
The revisions focus on key areas, including the definition of beneficial ownership, verification of customer information, transparency of legal arrangements, risk-based customer classification and the frequency of updating customer information.
-
Funding shortages keep deposit rates elevated despite central bank efforts
State Bank of Vietnam (SBV) Governor Phạm Đức Ấn said strong credit demand had made it increasingly difficult for the central bank to steer interest rates lower.
-
Lenders turn to high-yield certificates of deposit to shore up liquidity
Banks are offering certificates of deposit with yields of up to 9 per cent as funding competition intensifies, with robust credit growth outpacing deposit mobilisation and keeping liquidity pressures elevated.
-
Interest rate developments applied by credit institutions in June 2026
State Bank of Vietnam has just released the interest rate developments of credit institutions in June 2026.
-
Banks must provide customers with options for registering credit limits and waiting period.
To help customers minimize risks during payment transactions and prevent fraud, the State Bank of Vietnam (SBV) recently issued document 6190/NHNN-TT dated July 14, 2026, requiring banks and branches of foreign banks to provide customers with a service for registering credit limits and waiting periods. Simultaneously, the SBV requires banks and branches of foreign banks to develop specific implementation plans and execute them before March 1, 2027.
-
Banks must not trade off system security for short-term growth: Governor
The State Bank of Vietnam has warned banks not to sacrifice cybersecurity, data protection and customer trust for short-term growth as the sector accelerates digital transformation and AI adoption.
-
New policy in foreign exchange reserve management proposed
The State Bank of Vietnam (SBV) has proposed more flexible market intervention tools in a draft decree amending the management of the country's foreign exchange reserves.
-
Việt Nam urged to simplify green credit access for SMEs
Việt Nam should simplify certification requirements for green projects and build a digital data platform for environmental data to help small and medium-sized enterprises (SMEs) access green loans, experts said at a conference on June 23.
-
Hanoi partners with five banks to raise up to nearly $8 billion through bond issuance
Hanoi has signed MoUs with five big commercial banks to support the issuance of local government bonds, with plans to raise between $6-7.8 billion during 2027-2030 to finance key infrastructure projects, particularly the capital's urban railway network.
-
Banks face diverging fortunes in second half of 2026
The banking sector is expected to face sustained pressure from narrowing net interest margins, tight liquidity and rising credit risks in the second half of 2026, although stronger lenders are likely to outperform amid growing market divergence.
-
Vietnam unveils sweeping financial strategy overhaul to boost growth
Vietnam has overhauled key elements of its Financial Strategy through 2030, seeking to create more room for double-digit growth while safeguarding long-term fiscal and economic stability.
