News
Banks face difficulties in requiring SOE shareholders to divest
According to the current regulations, the share ownership cap by an institutional shareholder in a credit institution is reduced from 15 per cent to 10 per cent and for an individual and his/her related parties from 20 per cent to 15 per cent.
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Amending and supplementing the Law on Credit Institutions in the new era
According to financial and banking experts, amending and supplementing a number of articles of the Law on Credit Institutions is a correct policy, consistent with the country's development process in the new era.
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Banks cut staff and transaction branches amid digital promotion
VietinBank will be the first bank in the country’s group of four largest banks (Big4) to cut the number of its transaction branches.
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SBV works to ensure $20b preferential credit package is effective and safe
The SBV has been actively developing and refining the mechanism to implement the largest credit package ever, with a total value of up to VND500 trillion.
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21 commercial banks register for 500,000 billion VND credit package
The State Bank of Vietnam (SBV) has worked with banks to deploy a credit package of about VND500,000 billion to support businesses investing in infrastructure and digital technology. Currently, 21 commercial banks have registered to participate with different commitment scales.
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Core factors for Vietnamese banks to reach out globally
In the era of globalization, brand is not only an identification factor but also a key strategic asset of each organization, especially in the banking sector - where trust and reputation determine existence and development. For Vietnam, the goal of bringing some commercial banks into the Top 100 in Asia, and even listing internationally, is an ambitious step.
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Vietnamese banks promote development of global strong brands
The State Bank of Vietnam (SBV) will require Vietnamese banks to develop systematic and long-term brand strategies to establish regional and globally-strong banking brands.
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Green Credit – Key for Sustainable Finance Strategy
On April 25, 2025, the State Bank of Vietnam (SBV), in collaboration with the Lao Dong (Labor) Newspaper, organized the Workshop themed “Unblocking Green Credit Flows” under the chairmanship of SBV First Deputy Governor Dao Minh Tu.
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Bad debt legislation to unlock credit
A more robust legal system is crucial to unlocking over $160 billion in credit resources as Vietnam moves to amend the Law on Credit Institutions, preventing a surge in bad debt from turning into dead capital.
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Government approves two-year trial of P2P lending
Under the pilot, only P2P lending companies licensed by the State Bank of Vietnam (SBV) will be allowed to operate. Foreign banks are excluded from participation.
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Digital assets, carbon credits expected to be collateral in bank loans
Currently, the assets are not yet recognised by Vietnamese law as collateral in bank credit activities, while current regulations mainly apply to tangible assets or traditional financial assets.
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Interest rate developments of credit institutions for customers in March 2025
State Bank of Vietnam has just released the interest rate developments in March 2025
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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.
