News
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New chapter for Vietnam’s weak credit institutions
Amid growing pressure to restructure underperforming banks, Vietnam’s banking sector is approaching a pivotal turning point. Dr. Tran Phuoc Huy, chief of office at the School of Banking and Finance under the National Economics University, shared his insights with VIR’s Khanh Linh on the path forward for weak credit institutions.
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Shinhan Bank Vietnam officially opens Calmette transaction office
Shinhan Bank Vietnam Limited (“Shinhan Bank”) officially opened Calmette Transaction Office (“Calmette T.O”) at the Ground Floor, E-town Central Tower, No.11 Doan Van Bo Street, Xom Chieu Ward, Ho Chi Minh City. Calmette T.O is in the Shinhan Bank’s strategy of expanding its network in 2025, raising total number of the Bank’s branches and transaction offices to 55 nationwide. Calmette T.O has officially gone into operation from July 14th, 2025.
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VPBank Prime wins international award for serving young customers
VPBank Prime has become the first financial brand in Việt Nam to be named “Best Bank for Millennials and Gen Z Việt Nam 2025” by Global Banking & Finance Review (GBFR), a UK-based financial magazine.
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AI giving Standard Chartered the edge in digital banking
Nguyen Ngoc Lan Anh, Chief Technology and Operations Officer at Standard Chartered Bank Vietnam, shares key insights on the benefits of AI in financial services, highlighting how Standard Chartered applies AI to drive innovation, boost efficiency, and enhance customer and employee experiences.
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Shinhan Bank: Modified Terms & Conditions for consumer credit card and debit card
Shinhan Bank Vietnam Ltd. (“Shinhan Bank”) would like to express our sincere thanks for your having trusted and used our Card products during the last time.
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Special offers for new semester from Shinhan Bank for Vietnamese students studying abroad in Korea
Shinhan Bank Vietnam Limited (“Shinhan Bank”) offers special incentives for Vietnamese students studying abroad in Korea in new semesters through global banking service of “KRW Tuition Fee Transfer” for universities in Korea and “Only Exchange Money” service on Shinhan SOL Vietnam (“SOL app”) before departure to Korea.
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Embedding international standards into Vietnam’s financial and banking workforce
Agribank employees have attended three training courses on international financial reporting standards (IFRS), sustainable finance, and digital finance this year.
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TCB, Mobifone and One Mount Group establish digital payment company
Mobifone, Techcombank and One Mount Group recently contributed capital to establish a digital payment company with a capital of 300 billion VND.
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Important Notice from Vietcombank: Update of biometric information for legal representatives of corporate clients
According to Article 17 of Circular 17/2024/TT-NHNN issued by the State Bank of Vietnam, starting from July 1, 2025, corporate clients will only be able to withdraw funds and make payment transactions via electronic means on their payment accounts after completing the biometric information update for their legal representative.
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Banks with high proportion of retail loans expect to benefit from law change
The Law on Credit Institutions is proposed to be amended to include some provisions of Resolution No 42/2017/QH14 on piloting bank bad debt settlement.
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Enjoy summer with “customer appreciation week” at Shinhan Bank
“Customer Appreciation Week” program continued to be successfully taken place by Shinhan Bank Vietnam Limited (“Shinhan Bank”) in Q2.2025 from June 16th until June 20th, 2025 with numerous meaningful appreciation gifts for customers when visiting 54 branches and transaction offices of Shinhan Bank nationwide.
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HDBank and PV Power to promote sustainable energy transition
Continuing to lead the green finance trend and realize the sustainable development strategy, on June 11, 2025, in Hanoi, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) signed a credit contract with a limit of VND 2,000 billion with Vietnam Oil and Gas Power Corporation - Joint Stock Company (PV Power) - a leading electricity producer under the Vietnam National Energy Industry Group (Petrovietnam).
