News
WB and ADB provide $400 million for three projects in Vietnam
The World Bank and the Asian Development Bank will provide loans and grants worth $400 million for three socio-economic development projects in Vietnam.
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Seminar discusses how to successfully restructure banking sector
Experts explored the root causes behind both the successes and failures of Việt Nam’s bank restructuring efforts, while proposing practical measures to enhance their effectiveness going forward, at a seminar in HCM City on April 11.
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Bank credit needs to flow into real estate segments with higher demand
Data from the rating agency FiinRatings showed that credit growth for the whole economy was 15.08 per cent last year, while credit growth for real estate developers was up to 28.5 per cent, four times higher than credit for home buyers.
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Banking Database to Enhance Management Efficiency of Banking Operations
In the morning of April 8, 2025, in Hanoi, the State Bank of Vietnam (SBV) organized a Launching Workshop for the Project on “Assessment of the current state of the shared specialized banking database” under the chair of Deputy Governor Pham Thanh Ha.
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Banks join forces to support infrastructure and technology investments
Commercial banks have hailed the government’s $20 billion credit package aimed at supporting infrastructure and digital technology.
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Policy Dialogue between ASEAN Central Bank Governors and Finance Ministers with CEOs of Financial Institutions
On April 9, 2025 in Kuala Lumpur, Malaysia, within the framework of the ASEAN Central Bank Governors and Finance Ministers Meeting (AFMGM) 2025, a Policy Dialogue between ASEAN Central Bank Governors and Chief Executive Officers (CEOs) of financial Institutions took place.
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World Bank to help SBV build shared database for the banking industry
The State Bank of Vietnam (SBV) has initiated a project to build a shared database for the banking industry, which will be supported by the World Bank and implemented by KPMG Vietnam.
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Q1: Credit grows 2.5 times YOY with great efforts from banking system to support economy
In the morning of April 6, 2025, Prime Minister Pham Minh Chinh chaired the regular Government meeting for March 2025 and the Government's virtual conference with the provinces to discuss many important matters. Governor Nguyen Thi Hong of the State Bank of Vietnam (SBV) attended and delivered a speech at the meeting.
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SBV's credit growth target helps real estate recovery
Experts said a large portion of this influx of cash will likely flow into promising investment avenues like real estate and securities, especially given the current volatility in the gold market.
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Developments of interest rates applied by credit institutions (February 2025)
The interest rates of deposits in VND: The average deposit interest rates in VND were at 0.1-0.2% p.a. for demand and below 1-month terms;
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Central bank required to consider proposals on Basel III application
Prime Minister Phạm Minh Chính has directed the State Bank of Vietnam (SBV) to consider commercial banks’ proposals on implementing Basel III international banking standards.
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Top-performing banks in Việt Nam unveiled
The 2025 rankings reveal a slight decline in overall brand health scores across the banking sector, which is attributed to reduced marketing investments in 2024. As banks scaled back promotional efforts, the market stabilised, resulting in minimal shifts in brand performance.
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Foreign ownership at acquirers of weak banks to rise to 49%
The new decree also regulates that the total share ownership of foreign investors at a Vietnamese non-bank credit institution will also not be allowed to exceed 50 per cent of the institution’s charter capital.
