News
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.
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VNBA opens training course on risk identification and cyber security
On July 26, 2025, the Vietnam Banks Association (VNBA) will organize an online training course on "Methods of identifying IT risks, Cybersecurity (ANM) & Building an ANM Architecture Framework according to international standards", to support Banks and financial institutions to improve their IT risk management capacity and protect digital assets.
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Shinhan Bank and Visa collaborate to promote payment solutions for SME
Shinhan Bank Vietnam Limited (“Shinhan Bank”) and Visa International (“Visa”) participate in the “Cashless Day 2025” program with the theme “Cashless payment promotes digital economy”.
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Vietnam enhances regulatory framework to promote cashless payments
Vietnam is enhancing its regulatory framework and policies to promote cashless payments as part of its strategy to develop a more digital economy.
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Visa Asia Pacific announces new era of AI-driven commerce
The future of commerce in Asia-Pacific was on display at the Visa Asia Pacific Media Showcase, where the company announced a suite of product innovations and strategic partnerships to enable a new era of commerce for the region.
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Cashless Day 2025: “Non-Cash Payment: Promoting the Digital Economy”
On June 2, 2025, a press conference to announce the “Cashless Day 2025” with a theme of “Non-Cash Payment: Promoting the Digital Economy” was organized under the direction of the State Bank of Vietnam (SBV) and Ho Chi Minh City People's Committee, with the SBV Payment Department, the Banking Times, and the Tuoi Tre Newspaper being the key implementing agencies, in collaboration with Ho Chi Minh City’s Department of Industry and Trade and the National Payment Corporation of Vietnam (NAPAS).
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Decree No.94/2025/ND-CP and opportunities for Vietnamese Fintech
On June 3, 2025, in Hanoi, the Vietnam Financial Technology Club (VietFintech Club) under the Vietnam Banks Association organized a seminar on "Decree No.94/2025/ND-CP and opportunities for Vietnamese Fintech" to disseminate and clarify the content of Decree No. 94/2025/ND-CP on the sandbox in the banking sector.
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SHB presents payment solution at Banking Digital Transformation event
As one of the first banks invited to present at the event, SHB highlighted its comprehensive digital offerings tailored for administrative and public sector units, aiming to accelerate the digitalisation process across Việt Nam's financial system.
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Invitation to training course "Data-based retail banking activities"
On June 12, 2025, the Vietnam Banks Association (VNBA) plans to coordinate with the International Finance Corporation (IFC) to organize an online training program with the theme "Data-driven retail banking activities", aiming to develop financial infrastructure in Vietnam, through improving the capacity to apply data in retail lending activities.
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AI helps banks promote Sustainable Development Report
Leveraging AI in producing sustainability information may enhance efficiency, accuracy and also strategic decision making, a banking and finance forum has been told.
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Official P2P lending model to make debut
A peer-to-peer lending model is to be piloted in Vietnam, but its risks will have to be managed strictly to mitigate losses and fraud.
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VNPAY achieves international-standard security certification
VNPAY has become the first company in Vietnam, and the 26th globally, to achieve MPoC (Mobile Payments on Commercial Off-The-Shelf) security certification, the latest international standard for mobile payments, for its PhonePOS payment solution.
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Workshop “The Importance of Data in preventing Financial Crime”
The workshop “The importance of data in preventing financial crime” organized by the Vietnam Banking Association (VNBA) in collaboration with Lucid Company will take place on May 20, 2025 in Hanoi. We respectfully invite members to send representatives to attend the workshop.
