News
Central bank tightens screws to steer credit away from risky sectors
Circular 14/2025/TT-NHNN is a positive step bringing Việt Nam closer to international banking safety standards as it improves system safety transparency and the ability to respond to risks.
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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.
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Banks urged to spare homes in bad debt asset seizures
The State Bank of Vietnam has proposed assets as sole homes and only sources of income be exempted from bad debt asset seizure.
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On the Issuance of the Circular No. 23/2025/TT-NHNN
The State Bank of Vietnam has issued a circular amending and supplementing several articles of Circular No. 30/2019/TT-NHNN, dated December 27, 2019, of the Governor of the State Bank of Vietnam, regarding the implementation of compulsory reserves for credit institutions and foreign bank branches.
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SBV implements legal regulations on international integration
The Governor of the State Bank of Vietnam (SBV) issued Decision No. 2971/QD-NHNN with the Plan to implement Resolution No. 153/NQ-CP dated May 31, 2025.
