News
Shinhan Bank to introduce QR pay service to Lotte Mart Vietnam
Shinhan Bank Vietnam Limited (Shinhan Bank) will launch its QR Pay service across all Lotte Mart Vietnam stores on Saturday.
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Vietnamese, Australian firms promote strategic cooperation
EzyRemit Worldwide, one of the leading fintech companies in Australia specialising in international payment solutions, held a strategic meeting with representatives from Sacombank-SBR of Việt Nam on February 17 in Sydney.
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IFC proposes $50 million loan to HD Saison
The International Finance Corporation (IFC), a member of the World Bank Group, is proposing a $50-million loan to HD Saison Finance Co., Ltd., the fourth-largest retail finance company in Vietnam.
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Payment habits now moving towards more efficient means
AI has become increasingly popular in the banking industry. Tim Evans, CEO of HSBC Vietnam, talked with VIR’s Hong Dung about how AI will drive banks forward.
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VNBA opens training courses on cybercrime prevention for banking
It is expected that in March and April 2025, the Vietnam Banks Association (VNBA) will organize 4 training courses on cybercrime prevention related to banking activities. We respectfully invite members to send representatives to attend.
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The ideal time for a new financial hub
The establishment of an international financial centre in Ho Chi Minh City is a vital step amid Vietnam’s rapidly evolving economy. Truong Bui, managing director for Roland Berger in Vietnam, analyses the city’s role as the nation’s premier economic and financial hub.
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Home loan interest rates to inch up in 2025
However, the home loan interest rates will be still lower than that before the COVID-19 pandemic, analysts say.
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Banks to comply with biometric verification
Foreign banks operating in Vietnam must complete the biometric verification requirement for transferring funds to personal accounts, with all banks aiming to make verification mandatory for corporate clients this year.
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Cross-border QR payment service launched between Vietnam and Laos
A cross-border QR payment service between Vietnam and Laos was launched on January 9 to bolster tourism and economic exchanges between the two countries
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NAPAS organized 2025 mission implementation conference
On January 14, 2025, the National Payment Corporation of Vietnam (NAPAS) successfully organized the "2025 Mission Implementation Conference". The event welcomed the participation of Mr. Pham Anh Tuan – Director of the Payment Department of the State Bank of Vietnam (SBV).
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AI Applications in Banking: Optimizing Operational Efficiency, Enhancing Customer Experience
On January 10, 2025, in Hanoi, the Vietnam Banking Association in collaboration with NVIDIA and GreenNode organized a workshop: "Promoting the AI Revolution in Finance - Banking: Solutions from NVIDIA and GreenNode" to help members enhance the application of artificial intelligence (AI) to improve operational efficiency, optimize customer experience and enhance competitiveness in the context of strong digital transformation.
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QR code payment transactions surged in 2024
The year 2024 has marked a significant shift in Vietnamese consumer behaviour toward non-cash payments.
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Continue to improve the coordination process to support the handling of accounts and cards related to suspected fraudulent transactions.
On the afternoon of December 25, 2024, the Vietnam Banks Association (VNBA) held a meeting of the Working Group to develop a Coordination Process to support the handling of accounts and cards related to transactions suspected of fraud, forgery, and scams (CP) after receiving comments on the Draft from the State Bank of Vietnam and relevant ministries and branches.
