News
Banks race to expand payment agents
The payment agent model not only benefits banks and customers but also brings positive impacts to banks' partners by indirectly providing additional financial services to help diversify the products and services that these retailers provide.
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Techcombank voted '#1 Bank in Vietnam' for second consecutive year
Techcombank has been named Forbes Magazine’s "#1 Bank in Vietnam", based on a customer survey.
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Comprehensive cooperation between the SBV and 5 commercial banks
At the Conference to launch the movement "The whole country competes in innovation and digital transformation" and "Digital education for the masses" in the Banking sector associated with the implementation of Resolution No. 57-NQ/TW dated December 22, 2024 of the Politburo, on the morning of May 27, the Signing Ceremony of the Emulation Covenant and the Agreement to enhance comprehensive cooperation took place between SBV and 5 commercial banks: VietinBank, Vietcombank, BIDV, Agribank and MB.
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MB recognised as “Best FX Bank in Vietnam” for second consecutive year
Military Commercial Joint Stock Bank (MB) has once again been honoured by The Asian Banker as the “Best FX Bank in Vietnam” at the Transaction Banking Awards 2025, held in Jakarta, Indonesia on May 22.
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Agribank joins efforts to realize the green growth Action plan
On May 21, 2025, Agribank took part in the Workshop themed “Accelerating the Implementation of the Banking sector’s Action plan for the National green growth strategy for 2021-2030” and the Launch of the Handbook on Environmental and Social risk management in credit extension activities.
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BIDV pioneers pilot deployment of RSHUB via VneID
On 22 May 2025, the Police Department for Administrative Management of Social Order (C06), under the Ministry of Public Security, officially launched the Centralized Remote Digital Signing Hub (RSHUB) integrated with the VNeID platform. BIDV is honored to be the first commercial bank to pilot this groundbreaking solution within its online loan application process via the BIDV Home app.
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VIB launches Super Account for businesses with daily yield of up to 4.5% per annum
Vietnam International Bank (VIB) has officially launched the Super Account for household businesses and small and medium-sized enterprises (SMEs) on its digital banking platform, VIB Business. This account helps optimize idle working capital by offering daily interest accruals at a competitive annual yield of up to 4.5%. This marks another strategic move by VIB to support business customers in improving cash flow management and enhancing profitability from available working capital. By the end o
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Banks bet on wholly owned life insurance
Several Vietnamese banks are shifting from bancassurance partnerships to establishing their own insurance companies, paving the way towards building full-fledged financial conglomerates.
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Outlook brightens for bank stocks in H2
As bank stocks continue to trade below their book value, the sector is seeing growing optimism for the second half of the year (H2).
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VCBNeo launches new brand identity and NeoOne digital banking app
The rebranding follows the bank’s formal transfer to Vietcombank and reflects its new positioning as a technology-driven bank serving a broader range of customers, particularly those new to banking.
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Techcombank issues additional 2,000 billion VND in bonds
On May 9, 2025, Techcombank issued 2,000 24-month bonds with a face value of VND1 billion/bond. This is one of many consecutive issuances recently to increase medium and long-term capital.
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LPBank prepares to pay 25% cash dividend, highest in banking industry
This May, LPBank shareholders will receive 2024 cash dividends at a rate of 25%, equivalent to VND 2,500/share, with the total expected payment exceeding VND 7,468 billion.
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Vietcombank released its interest rate information for April 2025
Vietcombank released its interest rate information for April 2025
