News
Banks optimise credit plans to boost efficiency
Military Commercial Joint Stock Bank (MB) is aiming to increase its outstanding credit volume and capital mobilisation by more than 25 per cent to surpass $40 billion by the end of this year. The bank is also targeting a maximum bad debt ratio of 1.7 per cent along with a bad debt coverage ratio of over 100 per cent
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VPBank to take over GPBank
The move is meant to help improve GPBank's operations as well as allow VPBank to expand its business. VPBank may either retain GPBank as a subsidiary, or sell or transfer the bank to a new investor after the mandatory transfer is completed.
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HDBank officially undertakes mandatory transfer, beginning a period of stability and growth for DongA Bank
Following the transfer, DongA Bank will operate as a single-member limited liability bank fully owned by HDBank, ensuring all rights of depositors and customers are upheld.
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Standard Chartered Vietnam named Best Foreign Bank and Best Digital Bank 2024
On January 8, Standard Chartered Bank Vietnam has been named “Best Foreign Bank Vietnam 2024” for the fourth consecutive year and “Best Digital Bank Vietnam 2024” for the second consecutive year by Global Business Review.
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TPBank secures $120 million long-term loan from JICA
This initiative, co-financed by the US International Development Finance Corporation (DFC), aims to enhance financial inclusion through digital banking in Việt Nam, with a total loan value of US$120 million.
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Cross-border QR payment service launched between Vietnam and Laos
A cross-border QR payment service between Vietnam and Laos was launched on January 9 to bolster tourism and economic exchanges between the two countries
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NAPAS organized 2025 mission implementation conference
On January 14, 2025, the National Payment Corporation of Vietnam (NAPAS) successfully organized the "2025 Mission Implementation Conference". The event welcomed the participation of Mr. Pham Anh Tuan – Director of the Payment Department of the State Bank of Vietnam (SBV).
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Banks launch promotions to hail Year of the Snake
Banks in Vietnam are trying to attract customers with a variety of promotions at the start of the year.
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First private lender successfully issues $118M in green bonds
The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has issued VNĐ3 trillion (US$118 million) in green bonds, becoming Việt Nam's first private bank to do so.
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Standard Chartered promotes green and sustainable financing in Việt Nam’s education sector
Standard Chartered demonstrates its support for education sector clients by leveraging its extensive suite of sustainable finance products, helping to accelerate their transition to a more sustainable future.
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Big 4 banks estimate positive business results in 2024
One of the country's biggest banks expects results to be the best for four years.
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Techcombank’s shows commitment to ESG as key to sustainable growth
With 31 years of history, Techcombank has been a key enabler of Việt Nam’s economic growth and as sustainability becomes increasingly vital, the bank is embedding ESG into its core business strategy to ensure continued success and environmental protection.
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Shinhan Bank Vietnam continues receiving debit growth catalyst 2024
Shinhan Bank Vietnam Limited (“Shinhan Bank”) is honored to be recognized in the category of the “Debit Growth Catalyst 2024" award by Mastercard. The award was presented at the annual event "Vietnam Appreciation Dinner 2024" recently.
