News
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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.
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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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NAPAS, MASTERCARD, PAYOO sponsor free cancer screenings, HPV tests to vulnerable women
Through the free screening activities, they can acknowledge their health situation and take additional tests if needed.
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Vietnam sees opportunities to diversify cross-border payment channels
Experts emphasised that the diversification of cross-border payment channels, especially blockchain and stablecoins, offers Vietnam an opportunity to improve transparency and efficiency.
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15 Years of the Risk Management Subcommittee – Card Working Committee: Safeguarding a Safer and More Sustainable Payment Ecosystem
Hue, September 26–27, 2025 — The Card Working Committee under the Vietnam Banks’ Association (VNBA) held a ceremony in Hue to mark the 15th anniversary of the Risk Management Subcommittee (2010–2025), in conjunction with its 2025 Annual Conference themed “Bank Card Security – Risk Management in the Digital Era: Towards a Safe and Sustainable Payment Ecosystem.”
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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.
