News
Wave of digital payments surges at Sóng Festival 2025
The two-day festival, part of the fifth Vietnam Card Day campaign, is designed for young people to experience digital payments and technology, with all transactions fully cashless.
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Vietnamese banks block 300,000 suspicious transactions worth $57mn in fraud crackdown
Vietnamese banks have blocked nearly 300,000 money transfers flagged as potentially fraudulent, worth about VND1.5 trillion (US$57 million), said the State Bank of Vietnam (SBV).
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The 6th Smart Banking Conference and Exhibition
On September 24-25, 2025 in Hanoi, under the auspices of the State Bank of Vietnam, the Vietnam Banks Association in collaboration with IEC Group co-organized the Smart Banking 2025 Conference and Exhibition with the theme "Breakthrough in digital banking transformation: “DIGITAL DISRUPTION IN THE DATA – DRIVEN AND CUSTOMER – CENTRIC BANKING”.
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Training Course “Applying the 2023 Law on Electronic Transactions in Digital Banking”
Vietnam Banks Association (VNBA) will hold training workshops in Hanoi and Ho Chi Minh City on October 11 and 18, 2025, focusing on applying Vietnam’s 2023 Law on Electronic Transactions to digital banking operations and compliance. Member banks are encouraged to send representatives to join the program.
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SBV Governor Nguyen Thi Hong receives A+ Rating from Global Finance
Global Finance magazine has announced its 2025 Central Banker Report Cards, recognizing the world’s top central bank leaders. Governor Nguyen Thi Hong of the State Bank of Vietnam (SBV) has been awarded the highest distinction — an A+ rating.
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New chapter arrives for digital asset firms
Opportunities for international collaboration and attractive growth potential have turned the Vietnamese cryptocurrency market into a vibrant playground.
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Việt Nam banks on bigger loans to lift lending limit
Việt Nam Banking Association has proposed consumer lending limit of finance companies from VNĐ100 million (US$3,800) to VNĐ300-400 million in an effort to expand consumer credit.
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Promoting factoring services in Vietnam
On August 12, 2025, in Hanoi, the Vietnam Banks Association (VNBA) and the International Finance Corporation (IFC) jointly organized the "Policy Dialogue on Factoring Business in Vietnam". This event provided a comprehensive picture of the current status of factoring activities in Vietnam, while also pointing out the difficulties, challenges as well as the great development potential of this market.
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Fitch on Vietnam 2025
On August 28, 2025 in Ho Chi Minh City, Fitch Ratings will organize the annual event “Fitch on Vietnam 2025” to update the macroeconomic outlook, financial and banking markets and credit ratings of Vietnam. The event is open free of charge to interested organizations to register to attend.
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Technology paves the way for modern banking risk management
On the morning of July 30, 2025, in Hanoi, the Vietnam Banks Association (VNBA) in collaboration with the Vietnam National Credit Information Center (CIC) held a seminar on "Enhancing risk management capacity, improving credit quality with credit rating and scoring models applying new technology".
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Completing the cross-border QR code payment Handbook
On July 23, 2025 in Hanoi, Vietnam Banks Association (VNBA) held an important meeting to complete the draft Handbook on providing, operating and using cross-border QR Code payment services. The meeting was chaired by Dr. Nguyen Quoc Hung, Vice Chairman cum General Secretary of VNBA, with the participation of representatives of many credit institutions. This is an important step in building a clear and practical legal and technical framework to promote international electronic payment in Vietnam.
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More than 86 million bank accounts to be terminated from September 1
The SBV stated that the deletion of over 86 million bank accounts was considered a system cleanup measure.
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AI giving Standard Chartered the edge in digital banking
Nguyen Ngoc Lan Anh, Chief Technology and Operations Officer at Standard Chartered Bank Vietnam, shares key insights on the benefits of AI in financial services, highlighting how Standard Chartered applies AI to drive innovation, boost efficiency, and enhance customer and employee experiences.
