News
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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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
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ABBANK and VietED Group join hands to develop sustainable livelihood solutions for farming households.
Hanoi, May 13, 2025 - An Binh Commercial Joint Stock Bank (ABBANK) and Viet Community Enterprise Development Group Corporation (VietED Group) have officially signed a Strategic Cooperation Agreement to accelerate sustainable community development through innovative financial solutions.
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Agribank and MobiFone cooperate comprehensively, promoting digital transformation
On May 12, 2025, in Hanoi, the Bank for Agriculture and Rural Development of Vietnam (Agribank) and MobiFone Telecommunications Corporation had a working session to evaluate the results of cooperation in the past time, and at the same time discuss the strategic cooperation orientation in the coming time.
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VNPAY achieves international-standard security certification
VNPAY has become the first company in Vietnam, and the 26th globally, to achieve MPoC (Mobile Payments on Commercial Off-The-Shelf) security certification, the latest international standard for mobile payments, for its PhonePOS payment solution.
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Comprehensive financial and digital solutions for SME enterprises
Vietnam International Commercial Joint Stock Bank (VIB), Vietnam Payment Solution Joint Stock Company (VNPAY) and Visa (NYSE: V) have just announced a partnership to launch a comprehensive suite of financial and digital solutions, specifically designed to support Vietnamese small and medium-sized enterprises (SMEs) to improve operational efficiency, optimize payment processes and promote sustainable growth.
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Transferred weak banks under restructuring
Military Bank and Vietcombank, which took over struggling Oceanbank and CBBank late last year, have begun restoring the weak banks.
