News
Ministries, agencies asked to take measures to effectively manage gold market
However, along with pending internal shortcomings, the unusual and unprecedented developments in the world geopolitical situation since the beginning of 2025 have pushed international gold prices to continuously increase, resulting in strong fluctuations in domestic gold prices, and the growing gap between domestic and world gold prices.
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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.
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Synchronously implement solutions to support businesses in overcoming challenges
On the afternoon of April 17, 2025, the Vietnam Federation of Commerce and Industry (VCCI) organized the "Business Forum 2025: Supporting businesses to overcome challenges and improve competitiveness". Sharing at the forum, Dr. Nguyen Quoc Hung, Vice Chairman cum General Secretary of the Vietnam Banks Association (VNBA) emphasized the need to synchronize solutions to help businesses overcome challenges and improve competitiveness.
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SBV continues to review and cut administrative procedures
100% of the intra-government administrative procedures between the State Bank of Vietnam (SBV) and other State administrative agencies, as well as the internal procedures within the SBV, will be reviewed and simplified.
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Credit Program worth VND 100,000 billion for Agriculture, Forestry and Fisheries Sectors
The State Bank of Vietnam (SBV) has requested the commercial banks to expand their lending targets in implementing the Credit Program for the Agriculture, Forestry and Fisheries Sectors.
