News
Consumer Finance: Strong growth potential requires transparency and responsible lending
Vietnam’s consumer finance market still has significant room for growth as households’ demand for financing continues to diversify, while access to formal credit remains uneven across different segments of the population. In particular, low- and middle-income workers, employees in industrial parks, and customers seeking relatively small loans continue to need appropriate and accessible sources of formal credit.
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SSI, VietinBank, Visa launch ProfitX co-branded card
SSI ,VietinBank and Visa on June 25 launched the ProfitX co-branded card, a virtual international debit card designed to integrate investment and spending on a single digital platform, offering users a seamless financial experience.
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Banks may close inactive accounts after three years under proposed rules
Vietnamese banks may be allowed to close payment accounts that have been inactive for three years or more under proposed amendments to regulations governing non-cash payments.
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On the issuance of Circular No. 22/2026/TT-NHNN
On May 19, 2026, the Governor of the State Bank of Vietnam signed and promulgated Circular No. 22/2026/TT-NHNN, which amends and supplements various articles of Circular No. 40/2024/TT-NHNN concerning the provision of intermediary payment services.
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Shinhan Finance brings hope and support to students in An Giang and Quang Ngai
On May 22, 2026, Shinhan Finance hosted a community outreach program under the theme “Sharing Love – Receiving Smiles” at Bui Thi Xuan Primary School (Long Xuyen City, An Giang Province) and Nghia Ky Nam Primary School (Quang Ngai Province).
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Banks enter post-digitalisation race for customer loyalty
As digital banking becomes the norm, Vietnamese lenders are entering a new race where customer experience, data intelligence and trust, not transaction speed, will determine who wins long-term loyalty.
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Banks strengthen digital shields against online fraud
The State Bank of Vietnam (SBV) said that by April 12, more than 3.7 million customer alerts had been issued through the information system for management, supervision and prevention of fraud risks in payment operations (SIMO).
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Standard Chartered Vietnam launches innovative Sustainable Deposit
On May 5, Standard Chartered Bank (Vietnam) launched its Sustainable Deposit solution in Vietnam.
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Banks stop processing instant 24/7 transfers for transactions about VNĐ500 million
All transfers exceeding the threshold will be automatically routed through regular clearing, the bank said in a statement. Transactions initiated after 3.55pm will be processed on the next working day.
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Việt Nam, South Korea launch cross-border QR payment service
Việt Nam has rolled out a cross-border QR payment service with South Korea, marking a new step in financial connectivity between the two countries and supporting growing tourism and trade flows.
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Banks end account nickname feature from April 1 under new payment rules
Beginning April 1, payment account names at commercial banks must fully match information on citizens’ identity cards under new regulations on non-cash payment services.
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Webinar: Modern fraud management strategies for financial institutions
In the context of rapid global growth in digital payments, financial institutions are facing an increasing volume and sophistication of fraudulent activities. This evolving landscape has made the development of modern, proactive, and comprehensive fraud management capabilities a strategic priority for the financial services industry.
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Open up more room for consumer credit
Adjusting loan sizes and terms for consumer credit is expected to bring about significant changes to people's access to capital, while also boosting retail credit growth and domestic consumption.
