News
Banking sector faces data governance hurdles in AI transition
As Vietnam’s banking sector reaches a turning point, with fragmented data systems evolving into a foundation for AI adoption, Dao Hong Giang, executive vice president and director of Finance–Banking at FPT IS, speaks with VIR’s Nhue Man about new institutional and infrastructure breakthroughs.
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Value of cashless payments equal to nearly 28 times of GDP
The number and value of cashless payment transactions surged by an average of 58.86 per cent and 24.36 per cent annually in the past five years.
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Fintech-bank collaborations facilitate Vietnamese goals
Vietnam is in a bright spot to utilise partnerships between fintech groups and lenders for its green ambitions. Fintech expert Rahn Wood looks at the tie-ups already taking place and what more could be around the corner.
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Visa highlights Vietnamese payment trends for 2026
As more young professionals and families explore new destinations and digital lifestyles, expectations for seamless, secure payments continue to rise.
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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.
