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Promoting factoring services in Vietnam
On August 12, 2025, in Hanoi, the Vietnam Banks Association (VNBA) and the International Finance Corporation (IFC) jointly organized the "Policy Dialogue on Factoring Business in Vietnam". This event provided a comprehensive picture of the current status of factoring activities in Vietnam, while also pointing out the difficulties, challenges as well as the great development potential of this market.
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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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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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Digital assets finally go legal for Vietnam
The official legal recognition of cryptoassets presents both an opportunity to accelerate the growth of the digital tech market and a challenge in mitigating potential related disputes.
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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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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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Crypto clarity could offer fresh investment channels
Recognising cryptocurrency and building a comprehensive legal system will not only help Vietnam access foreign currency but also create an alluring environment for domestic businesses.
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Pilot policy to set up digital asset tax framework
Amid the complexity of tracking transactions on digital asset exchanges, Vietnam is drafting policies to collect personal income tax on such traders.
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Sandbox for digital assets in Vietnam: if not now, when?
Vietnam has emerged as one of the world’s most dynamic cryptocurrency markets. According to various reports, the country has consistently recorded over $100 billion in annual crypto inflows from 2022 to 2024, surpassing its foreign direct investment multiple times.
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Digital banks navigate evolving landscape
Vietnam's digital banking sector continues to gain momentum in 2025, driven by rapid adoption of AI, the race to profitability, and fierce competition.
