
Deputy Governor of the SBV Dao Minh Tu (Photo: VGP)

The official legal recognition of cryptoassets presents both an opportunity to accelerate the growth of the digital tech market and a challenge in mitigating potential related disputes.
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.
State Bank of Vietnam has just released the interest rate developments of credit institutions in May 2025
According to data from the US Federal Reserve’s New York branch, the gap between the US secured overnight financing rate (SOFR) and the Việt Nam’s overnight interest rate on June 18 was 2.28 percentage points.
The financial market has witnessed a wave of mandatory bank acquisitions in the recent past. Early this year, major commercial lenders MB, HDBank, and VPBank took over struggling lenders OceanBank, DongA Bank, and GPBank, respectively.
On June 6, 2025, the Governor of the State Bank of Vietnam (SBV) has issued Circular No. 08/2025/TT-NHNN.
“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.
Regional branches of the State Bank of Vietnam (SBVs) will officially come into operation from July 1, 2025, in sync with the new local government system.
Vietnam International Bank (VIB) is introducing VIB PayFlex, an innovative financial feature developed on the Visa Flexible Credential (VFC) technology, allowing VIB Visa cardholders to make flexible payments from two funding sources – credit and debit accounts – using a single credential, enabling smarter financial control and maximizing rewards.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at VNĐ20 million (US$765) and above, to enhance transparency and verify customer identities.