the State Bank of Vietnam
SBV: On the issuance of Circular No. 08/2026/TT-NHNN dated May 15, 2026
The Governor of the State Bank of Vietnam signed and issued Circular No. 08/2026/TT-NHNN on May 15, 2026, amending and supplementing Point a, Clause 4, Article 20 of Circular No. 22/2019/TT-NHNN prescribing limits and prudential ratios in the operations of banks and foreign bank branches
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Banks required to ensure operation safety during Tết
They must proactively implement plans to raise and balance their capital sources, ensuring the full and timely fulfillment of credit capital needs for production, business and consumption during the country’s largest holiday.
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Central bank rejects rumour small banknotes removed from circulation
The move was made after some social media sites have been spreading the rumour that the SBV plans to eliminate the small banknotes. The SBV affirmed that the rumour is inaccurate and lacks legal basis.
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Credit growth plans at 15% in 2026, focusing on macroeconomic stability
Under the latest statement on managing credit growth in 2026, the SBV said that this year it will focus on maintaining macroeconomic stability and sustainable development, and control risk areas and real estate.
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Financial scams surge ahead of Tết
As the Lunar New Year (Tết) approaches, financial and banking scams in Việt Nam are showing a sharp upward trend, making banks and law enforcement agencies continuously issue warnings.
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SBV receives nine applications for gold bar production licences
Enterprises and banks granted gold bar production licenses will be considered for gold import permits in accordance with regulations.
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Deposit interest rate cap forecast to rise by 50 basis points in 2026
Given that forecasts for credit growth in 2026 are similar to this year's rate of 18-20 per cent, the adjustment to the deposit interest rate cap in 2026 will likely be modest compared to previous adjustment cycles.
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On the issuance of Circular No. 47/2025/TT-NHNN
On December 15, 2025, the Governor of the State Bank of Vietnam (SBV) signed and promulgated Circular No. 47/2025/TT-NHNN. This Circular provides guidance on the procedures for obtaining approval from the SBV for the listing of shares on overseas stock exchanges by joint-stock credit institutions.
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The State Bank of Vietnam issues Circular No. 48/2025/TT-NHNN on administrative reform and organizational restructuring in banking supervision
On December 16, 2025, the Governor of the State Bank of Vietnam (SBV) has officially signed and promulgated the Circular No. 48/2025/TT-NHNN. This Circular amends and supplements several existing regulations within the field of banking management and supervision, focusing on the reduction and simplification of administrative procedures and adjustments to organizational structures.
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Mobilizing and effectively using financial resources to achieve economic growth targets for the 2026–2030 period
On the morning of December 16, at the Vietnam Economic Forum 2025 with Outlook to 2026, Deputy Governor of the State Bank of Vietnam (SBV), Pham Thanh Ha, delivering the opening remarks, underscored the strategic emphasis placed by the Party and State of Vietnam on achieving a minimum economic growth rate of 8% in in 2025 and aspiring to double-digit growth during 2026–2030 as a crucial step toward entering the ranks of upper-middle-income countries by 2030 and high-income status by 2045.
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Vietnam economy in 2025 and prospects in 2026 Forum opens
Experts at the Forum agreed that green transformation and the circular economy represent the only viable path for Vietnam to achieve high growth in tandem with sustainable development in the digital era
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SBV reaffirms the value of effective cooperation and support from international financial institutions and foreign partners
On December 12, 2025, at the headquarters of the State Bank of Vietnam (SBV), Governor Nguyen Thi Hong chaired the annual meeting with international financial and monetary institutions and foreign credit institutions operating in Vietnam. The event reaffirmed the strong and effective cooperative relationship between Vietnam and the international community in the monetary and banking sector.
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New finance and banking policies taking effect from December 2025
Starting from December 2025, a series of new policies in the finance and banking sectors officially come into effect.
