News
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S&P upgrades Vietcombank from BB to BB+, highest among local banks
The upgrade reflects Vietcombank’s improved financial strength, prudent risk management, and solid capital buffers.
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Four banks join IFC's Green Alliance to boost sustainable finance
The Alliance serves as a platform for banks committed to embedding sustainability in their strategies while financing the transition to low-carbon, resilient and inclusive economies.
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Which bank has the highest interest rate in early September 2025?
In early September 2025, savings interest rates of banks were fluctuating from 3 - 6.0%/year, but there was a strong differentiation between terms.
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S&P upgrades ratings of three banks, citing resilient economy
The agency raised Vietcombank to BB+, Techcombank to BB and Eximbank to BB-, with stable outlooks, while upgrading Việt Nam’s BICRA to group 8 from 9.
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Agribank Announcement: Updates to the Preferential Credit Program for individual customers
Agribank (Vietnam Bank for Agriculture and Rural Development) is pleased to inform our valued customers about adjustments to the Preferential Credit Program for individual clients, effective from August 15, 2025, to December 31, 2025.
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BIDV and HanaBank strengthen cooperation to promote Vietnam–Korea relations
On August 12, 2025, in Seoul, South Korea, within the framework of the State visit to South Korea by General Secretary To Lam, the Vietnam–Korea Economic Forum was held under the theme “Cooperation for Developing Production Chains in the New Era!”.
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VietinBank and MUFG collaborate on Vietnam Development Initiatives
During visiting to Vietnam on August 7, 2025, Mr. Hironori Kamezawa, President & CEO of Mitsubishi UFJ Financial Group (MUFG), a strategic partner of the Joint Stock Commercial Bank for Industry and Trade of Vietnam (VietinBank), held important meetings with Prime Minister Pham Minh Chinh and Governor of the State Bank of Vietnam Nguyen Thi Hong.
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Upbit and MBBank to launch Việt Nam’s first digital trading platform
In a landmark move for Việt Nam’s digital economy, South Korea’s top cryptocurrency exchange operator, Dunamu, has teamed up with Military Commercial Joint Stock Bank (MB) to launch the country’s first locally operated digital asset trading platform
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Shinhan Bank Vietnam accompanies households in business transformation
Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) successfully organized the event “Shinhan Bank Vietnam – Supporting Business Households”, in response to Resolution 68-NQ/TW and Resolution 198/2025/QH15 on the strategy for private economic development, as well as to accompany business households in implementing Decree 70/2025/ND-CP through comprehensive financial solutions. The event took place at the Bank’s Head Office, attracting over 150 business households from Ho Chi Minh City.
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Standard Chartered fuels Việt Nam’s net-zero path
Standard Chartered, a major international bank with a strong presence in Việt Nam, is helping bridge the financing and advisory gap for this transition.
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Banks focus on increasing charter capital in second half of year
To boost capital, banks are issuing dividend stocks, making private placements, and selling shares to foreign investors.
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FinDev Canada, SMBC and JICA pledge $215 million to HDBank
Canada's bilateral Development Finance Institution, FinDev Canada, Sumitomo Mitsui Banking Corporation (SMBC), and the Japan International Cooperation Agency (JICA) on August 2 announced the signing of a $215 million syndicated loan facility for HDBank.