News
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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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.
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VPBank builds digital branchless bank to serve millions of customers
To realise the dream of developing comprehensive AI, a single organisation is not enough, but it is vital to create a seamless and strong digital ecosystem with thorough investment, according to Bui Hai Quan, vice chairman of the Board of Directors at VPBank, at the AI-Semiconductor Conference (AISC 2025) in Hanoi on March 12.
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Standard Chartered and State Bank of Việt Nam celebrate women in banking
Standard Chartered Vietnam and the SBV have co-organised a conference themed 'Women in banking take steady steps in digital transformation' in Hà Nội.
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PVcomBank and BPC mark 10 years of partnership
BPC, a global leader in payment solutions, and PVcomBank mark a decade of partnership that has empowered PVcomBank to provide innovative, secure, safe and reliable banking services.
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Banks expect upbeat profit picture for 2025
Several banks have set higher profit targets for this year, expecting more positive credit growth amid improved capital absorption capacity and an acceleration of public investment.
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VietBank signed a strategic partnership agreement with KPMG
VietBank signed a strategic partnership agreement with KPMG in Vietnam on February 25 to launch the 'Transformation and Project Management Office Support' initiative.
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Domestic banks strengthen international partnerships
With central banks worldwide returning to monetary easing, the potential influx of cheap capital may drive domestic banks to pursue opportunities abroad.
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LPBS plans to invest over $50M in secondary bonds
This strategic move, recently approved by LPBS's Board of Directors, reflects an approach to enhance its portfolio amid evolving market conditions.
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Digital banks navigate evolving landscape
Vietnam's digital banking sector continues to gain momentum in 2025, driven by rapid adoption of AI, the race to profitability, and fierce competition.
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VIB launches Super Yield account to optimise idle cash flow
On February 17, the Vietnam International Bank (VIB) officially launched the Super Yield account on its MyVIB digital banking platform with the message “Awakening the idle cash flow.”
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DongA Bank renamed as Vikki Digital Bank
DongA Commercial Joint Stock Bank (DongA Bank) has changed its name to Vikki Digital Bank Limited (Vikki Bank) following Decision No. 42/QĐ-TTGSNH2 issued by the State Bank of Vietnam (SBV) on February 14, 2025.
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Banks optimise credit plans to boost efficiency
Military Commercial Joint Stock Bank (MB) is aiming to increase its outstanding credit volume and capital mobilisation by more than 25 per cent to surpass $40 billion by the end of this year. The bank is also targeting a maximum bad debt ratio of 1.7 per cent along with a bad debt coverage ratio of over 100 per cent
