News
NAPAS Brings Apple Pay to its Customers in Vietnam
The National Payment Corporation of Vietnam (NAPAS) today brings Apple Pay to its cardholders in Vietnam. Apple Pay is an easy, secure and private way to pay in-store, in-app and online.
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ABBANK launches preferential home loan for young buyers
An Bình Commercial Joint Stock Bank (ABBANK) has unveiled a home loan targeting young customers with interest rates starting at just 5 per cent.
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SeABank raises additional $80 million from Proparco and FMO to support small and medium enterprises
The French Development Finance Institution (Proparco) and the Dutch Entrepreneurial Development Bank (FMO) have signed a loan agreement worth $80 million with SeABank.
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MB, HDBank, and VPBank to lift foreign ownership limit
A new governmental decree covering the purchasing of shares in Vietnamese credit institutions by foreign investors has increased the ability of some commercial banks to seek more investment from overseas.
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Shinhan Bank Vietnam cooperates with Scotch AGS to provide the tuition fee payment program
Shinhan Bank Vietnam Limited (“Shinhan Bank”) and Primary, Secondary and Senior Secondary Australian Grammar School (“Scotch AGS”) officially signed a strategic partnership agreement in implementing a special tuition fee payment program and comprehensive finance program for parents, who have children studying at the Scotch AGS system.
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Shinhan Bank Vietnam and Viglacera Real Estate company signed a strategic partnership agreement
Hanoi, on 24th March 2025 – Shinhan Bank Vietnam Limited (“Shinhan Bank”) Viglacera Real Estate Company (“Viglacera”) officially signed a Memorandum of Understanding (“MoU”) on 20th March 2025, marking an important milestone in strategy of attracting foreign investors into Vietnam, especially Korean investors.
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Vietnam banks unveil business plans for 2025
Many commercial banks in Vietnam will hold their AGMs at the end of March or early April, where key issues of investor interest will be discussed, including their business plans for 2025.
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Shinhan Bank to introduce QR pay service to Lotte Mart Vietnam
Shinhan Bank Vietnam Limited (Shinhan Bank) will launch its QR Pay service across all Lotte Mart Vietnam stores on Saturday.
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Banks worry about proposal on changing invoice regulation
Banks are concerned about a sharp surge of invoices to be issued daily for small individual transactions due to a new regulation proposal from the Ministry of Finance
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Việt Nam seeks Standard Chartered Bank’s support for international financial hubs
The Vietnamese government plans to launch two IFCs in HCM City and Đà Nẵng over the next five years.
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Deputy CEO of VIB: "We aim to empower customers to maximize the value of their cash flow."
Personal finance is not just an individual concern; it directly influences the economy’s performance. When cash flow remains active and optimized, it benefits customers while fueling robust economic growth.
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Vietcombank, BIDV gear up for significant capital increases in 2025
Vietcombank plans to execute a private placement of 6.5 per cent of its equity, while BIDV anticipates raising about VNĐ4.8 trillion (US$188 million) through the issuance of 123.8 million shares in the first quarter of 2025.
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Acquirers of weak banks get incentive policies
The State Bank of Vietnam (SBV) completed the compulsory transfer of four vulnerable banks, CB, Oceanbank, DongA Bank and GPBank to Vietcombank, MB, HDBank, and VPBank, respectively.
