News
Mastercard, Shopee Vietnam announce strategic collaboration with the launch of VPBank S Rewards Mastercard Card
Mastercard and Shopee Vietnam, on February 4, announced a five-year strategic collaboration, marked by the launch of the VPBank S Rewards Mastercard card, Mastercard’s first card linked to Shopee in Việt Nam.
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Việt Nam launches cross-border QR code payment connectivity with China
Việt Nam and China have launched a bilateral QR payment link, enabling seamless cross-border transactions for travellers and businesses.
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Banks adjust account management fees from December 1
Many banks are applying fees based on minimum balances and account activity, while tightening SMS Banking charges to encourage customers to receive balance-change notifications via mobile apps – a free method that also helps reduce operational costs.
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Roundtable Discussion on “Accelerating the Development of the Digital Banking Ecosystem”
On 28 November 2025 in Hanoi, the Vietnam Banks Association (VNBA) will host a Roundtable Discussion themed “Accelerating the Development of the Digital Banking Ecosystem” and respectfully invites member institutions to nominate representatives to attend.
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Nearly 18 billion cashless transactions recorded in nine months
Nearly 18 billion cashless transactions were recorded in the first nine months of this year, with total value surpassing VNĐ260 quadrillion (nearly US$10 billion).
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VNBA holds meeting to gather feedback for finalising cross-border QR code payment handbook
On the morning of November 17 2025, the Vietnam Banks Association (VNBA) convened a drafting committee meeting for the “Unified Handbook for Providing Cross-Border QR Payment Services in Vietnam” (the Handbook) in order to solicit and incorporate feedback from more than 25 entities, including banks, finance companies, and payment intermediaries.
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ESG Tracker: From survey to action for financial institutions
On 28 November 2025 in Hanoi, the Vietnasurvey to actionm Banks Association (VNBA), in cooperation with PwC Vietnam, will host the workshop “ESG Tracker: From Survey to Action for Financial Institutions.”
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Visa partners with banks to launch Visa Accept
Visa, the world’s leader in digital payments, has partnered with Sacombank, Vietcombank and VPBank to launch Visa Accept in Việt Nam, allowing micro and small businesses to accept contactless Visa payments directly on NFC-enabled smartphones, without requiring any additional hardware.
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One Shinhan Career Fair: Explore Valuable Career Opportunities with Shinhan Financial Ecosystem in Vietnam
Ho Chi Minh City, 17 November 2025 – Shinhan Bank Vietnam, together with its subsidiaries—Shinhan Securities, Shinhan Life, and Shinhan Finance—held the “One Shinhan Career Fair 2025” on 14 November 2025, offering students valuable career opportunities across Shinhan’s financial ecosystem in Vietnam after graduation.
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Shinhan Bank Collaborates with Visa to Launch Global Trade Payment Platform (GTPP)
Ho Chi Minh City, on 17 November 2025 – Shinhan Bank Vietnam Limited (“Shinhan Bank”) collaborated with Visa to launch Global Trade Payment Platform (“GTPP”) that assists enterprises to make cross-border payment by Shinhan cards quickly, safely and effectively. This is the first time that GTPP is launched by Visa in Vietnam’s market and Shinhan Bank is the first foreign bank in Vietnam supporting this GTPP.
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VNBA delegation unlocks China's fintech code: Key insights on digital payments and data strategy
From October 23 to 29, 2025, a high-level delegation from the Vietnam Banks’ Association (VNBA), led by Dr. Nguyen Quoc Hung – Vice Chairman and Secretary General, has implemented an intensive one-week fact-finding mission to China. The mission aimed to dissect the developmental model and governance of the advanced digital payment ecosystem, bank card operations, risk management, and the symbiotic partnership between banks, e-wallets, and technology companies in the global fintech powerhouse.
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Consumer finance Club's 2nd sesion: Aiming for a transparent and sustainable market
On the morning of November 5, 2025, in Hanoi, the Steering Committee of the Consumer Finance Club (CFC), under the Vietnam Banks’ Association (VNBA), held its second session for the second term (2025-2028). The meeting was conducted in a hybrid format (offline and online), with the attendance and guidance of Dr. Nguyen Quoc Hung, Vice Chairman cum Secretary General of VNBA.
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Cashless payment: Digital transformation drives strong growth
According to the Payment Department of the State Bank of Vietnam (SBV), cashless payment (CLP) transactions have maintained impressive growth momentum, particularly those conducted via QR codes. Meanwhile, cash withdrawals through ATMs have declined significantly, reflecting a clear shift in consumer behavior toward digital payment methods.
