News
BIDV, VietinBank sign $281-million credit deal for O Mon IV power plant
BIDV, VietinBank, and Petrovietnam have signed a credit agreement to finance the O Mon IV Thermal Power Plant.
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Fitch Ratings assigns rating to HDBank for 1st time, recognises its strong financial profile
Fitch Ratings has assigned its first ever credit ratings for Hồ Chí Minh City Development Joint Stock Commercial Bank (HoSE: HDB), placing the lender among the highest-rated Vietnamese banks, recognising its strong financial fundamentals, robust performance, and sustainable growth.
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Shinhan Bank Introduces K-Study Financial Solution and Career Opportunities at the 2026 Korea Study Abroad & Talent Fair
Ho Chi Minh City, July 7, 2026 – Shinhan Bank Vietnam Limited ("Shinhan Bank") participated in the 2026 Korea Study Abroad & Talent Fair, organized by the Korean Education Center (an affiliated institution of the Ministry of Education of the Republic of Korea) in collaboration with the Consulate General of the Republic of Korea in Ho Chi Minh City. The event was held on July 4–5, 2026 at Military Zone 7 Stadium in Ho Chi Minh City.
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Vietnam and Singapore Launch Cross-border QR Payment Service, Accelerating Digital Economic
Hanoi, July 2, 2026 – The National Payment Corporation of Vietnam (NAPAS), in collaboration with Liquid Group (Singapore) and VietinBank, officially launched cross-border QR payment service between Vietnam and Singapore, enabling users of participating Singapore payment apps to make seamless QR payments at VietQRGlobal acceptance points across Vietnam.
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SSI, VietinBank, Visa launch ProfitX co-branded card
SSI ,VietinBank and Visa on June 25 launched the ProfitX co-branded card, a virtual international debit card designed to integrate investment and spending on a single digital platform, offering users a seamless financial experience.
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Sacombank to issue $760.5 million in bonds to support next growth phase
Saigon Treasure Commercial Joint Stock Bank (Sacombank, HOSE: STB) has approved a plan to issue an additional VNĐ20 trillion (approximately US$760.5 million) in privately placed bonds. This marks the bank's second bond issuance after approving a similar VNĐ20 trillion issuance in mid-June 2026.
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MB and tax authority sign cooperation deal to boost e-tax compliance
Military Commercial Joint Stock Bank (MB) has signed a cooperation agreement with tax authorities to support businesses in digital transformation and e-tax compliance.
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VNBA members present in Fortune's 2026 Ranking of 500 largest enterprises in Southeast Asia
Fortune has just released its third annual Southeast Asia 500 ranking (The 2026 Southeast Asia 500), which ranks the region's largest companies by revenue for fiscal year 2025.
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Banks promote role in capital market through affiliated securities companies
Aside from traditional lending activities, many banks are expanding their role in the capital market by increasing bond issuance advisory and investment banking (IB) activities at their affiliated securities companies.
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IFC considers $86 million senior loan investment in SeABank
The International Finance Corporation (IFC) is proposing a five-year unsecured senior loan of up to $86 million in Southeast Asia Commercial Joint Stock Bank (SeABank).
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Shinhan Bank Vietnam introduces AI Translation Desk for foreign customers
Ho Chi Minh City, June 15, 2026 – Shinhan Bank Vietnam Limited (“Shinhan Bank”) has officially introduced its "AI Translation Desk," an AI-powered real-time interpretation solution deployed at branch counters. This initiative aims to streamline communication for international clients navigating banking services in Vietnam, while reinforcing Shinhan’s positioning as a modern, digitally advanced, and highly accessible financial institution for the global community.
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From products to partnership: How retail banking is evolving in Vietnam
As the global economy continues to navigate prolonged uncertainty, with fast-moving interest rates and volatile capital markets, expectations of retail banking are changing rapidly–particularly in growth markets like Vietnam.
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Nam A Bank adopts SIMO fraud monitoring system
Nam A Bank has become one of the early adopters of the SIMO system, a new fraud monitoring service for payment accounts and e-wallets.
