Vietnam Banks Association
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VNBA collaborates with CIC and credit information companies to foster transparent market development
Hanoi, August 19, 2025 - The Vietnam Banks Association (VNBA) conducted a working session with the National Credit Information Center (CIC) and member credit information companies to explore solutions for advancing transparent and efficient credit information market development in alignment with Government and State Bank of Vietnam guidelines.
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Promoting factoring services in Vietnam
On August 12, 2025, in Hanoi, the Vietnam Banks Association (VNBA) and the International Finance Corporation (IFC) jointly organized the "Policy Dialogue on Factoring Business in Vietnam". This event provided a comprehensive picture of the current status of factoring activities in Vietnam, while also pointing out the difficulties, challenges as well as the great development potential of this market.
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VNBA calls on credit institutions to stabilize interest rates
The Vietnam Banks Association calls on credit institutions to stabilize interest rates and support economic growth.
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Fitch on Vietnam 2025
On August 28, 2025 in Ho Chi Minh City, Fitch Ratings will organize the annual event “Fitch on Vietnam 2025” to update the macroeconomic outlook, financial and banking markets and credit ratings of Vietnam. The event is open free of charge to interested organizations to register to attend.
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Standardizing Data, Applying AI: Keys to Enhancing Credit Quality and Bank Risk Management
According to Mr. Nguyen Quoc Hung, Vice Chairman and Secretary General of the Vietnam Banks' Association (VNBA), the robust development of AI, machine learning, and big data analytics underscores the importance of data standardization, expansion, and sharing. These efforts will empower credit institutions to optimize credit scoring processes, bolster risk management capabilities, and enhance competitiveness.
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VNBA seeks solutions to remove obstacles regarding to the VAT Law 2024
On July 28, 2025, the Vietnam Banks Association (VNBA) held an important meeting in Hanoi to summarize the difficulties and problems that member credit institutions (CIs) are facing related to the Law on Value Added Tax (VAT) 2024 and Decree No. 181/2025/ND-CP detailing a number of articles of the Law on Value Added Tax. The meeting's objective is to finalize a petition to be sent to state management agencies, aiming for a unified, transparent and effective legal environment.
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Need early guidance on unified application of law in credit cases
To resolve the difficulties and risks faced by the banking system in handling cases at court, it is essential to promptly issue unified legal guidance for credit-related cases. This is considered the "key" to unlocking current issues.
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Autonomy and stability balanced via credit reform
The State Bank of Vietnam is setting out a roadmap towards removing credit growth ceilings, accompanied by efforts to enhance the autonomy of credit institutions.
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Improve the efficiency of resolving credit-related cases
On the morning of July 18, 2025, the Vietnam Banks Association, in coordination with the Supreme People's Court and the State Bank of Vietnam, organized a workshop on "Improving the effectiveness of resolving cases related to credit institutions at the People's Court". The workshop frankly pointed out a series of difficulties and shortcomings and proposed many breakthrough solutions to unblock the flow of credit and protect the legitimate rights of all parties.
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VNBA seeks solutions for handling secured assets for credit institutions
On the morning of July 10, 2025, the Vietnam Banks Association (VNBA) held a meeting with the State Bank of Vietnam (SBV), the Ministry of Natural Resources and Environment (MONRE), the Ministry of Justice, and credit institutions to address difficulties related to the handling of secured assets used in lieu of debt repayment obligations, particularly real estate.
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VNBA Consumer Finance Club (2nd term 2025-2028) held the 1st talk
On the morning of July 4, 2025 in Hanoi, the Executive Board of the Consumer Finance Club of the Vietnam Banks Association (VNBA CFC) for the second term (2025-2028) held its first meeting. The meeting agreed on the Action Program to implement the Resolution of the Club Conference held on June 6, 2025, with many specific goals and solutions for the development of the industry. Dr. Nguyen Quoc Hung, Vice President and General Secretary of VNBA attended and directed the meeting.
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Building sustainable data infrastructure for Vietnamese banks
The high-level seminar: "Strategy for building a flexible and sustainable data infrastructure for Vietnamese banks" organized by the Vietnam Banks Association (VNBA) in coordination with IEC Group will take place on July 9, 2025 in Hanoi. We respectfully invite members to send representatives to attend the seminar.