News
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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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.
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Training course on identifying IT and Cyber Security risks
It is expected that in July 2025, the Vietnam Banks Association (VNBA) will organize a training program on "Methods of identifying IT risks, Cyber Security (CS) & Building an CS Architecture Framework according to international standards"
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Intensive training courses on 3 new Laws on Land, Housing, Real Estate Business
In order to equip knowledge and remove obstacles for member organizations, in August 2025, the Vietnam Banks Association (VNBA) will host two in-depth online training courses on new regulations of the 2024 Land Law, the 2023 Housing Law and the 2023 Real Estate Business Law.
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Shinhan Bank: Modified Terms & Conditions for consumer credit card and debit card
Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) would like to express our sincere thanks for your having trusted and used our Card products during the last time.
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Banking Law Club strengthens Executive Board
On July 4, 2025, the Banking Law Club (BLC), an organization under the Vietnam Banks Association (VNBA), held an important meeting to strengthen the personnel of the Executive Board for the 6th term (2025-2027). The event was attended and directed by Dr. Nguyen Quoc Hung, Vice President and General Secretary of VNBA, affirming the importance of the Club in the activities of VNBA.
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VNBA Consumer Finance Club (2nd term 2025-2028) held the 1st talk
On the morning of July 4, 2025 in Hanoi, the Executive Board of the Consumer Finance Club of the Vietnam Banks Association (VNBA CFC) for the second term (2025-2028) held its first meeting. The meeting agreed on the Action Program to implement the Resolution of the Club Conference held on June 6, 2025, with many specific goals and solutions for the development of the industry. Dr. Nguyen Quoc Hung, Vice President and General Secretary of VNBA attended and directed the meeting.
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TCB, Mobifone and One Mount Group establish digital payment company
Mobifone, Techcombank and One Mount Group recently contributed capital to establish a digital payment company with a capital of 300 billion VND.
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Regulatory sandbox in banking sector is a bold policy innovation
With more than 95 per cent of registered enterprises being SMEs, the private sector plays a decisive role in driving economic growth, innovation, and digital transformation.
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Banks end magnetic cards, require biometrics for firms from July 1
From July 1, banks across Việt Nam stopped using magnetic stripe cards and now require biometrics for company accounts to prevent fraud and improve security.
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Major changes coming to Vietnam's banking sector on July 1, 2025
From July 1, Vietnam's banks will require biometric verification and phase out magnetic cards.
