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

The digital transformation of the banking industry must be further promoted to better the connection between commercial banks with people, enterprises and the State, Prime Minister Phạm Minh Chính said at a banking event on Thursday.
State Bank governor Nguyễn Thị Hồng explained that the changes are necessary in light of rapid technological advancements and the increasing ease of banking transactions, which have made sudden mass withdrawals more likely.
Widespread deposit rate cuts have pushed Vietnamese banks’ interest rates to their lowest in two years, even as the pace of decline begins to slow.
Techcombank has been named Forbes Magazine’s "#1 Bank in Vietnam", based on a customer survey.
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.
On the morning of May 27, 2025, the State Bank of Vietnam held a conference to launch the movement "The whole country competes in innovation and digital transformation" and "Digital literacy" in the banking sector in conjunction with the implementation of Resolution No. 57-NQ/TW dated December 22, 2024 of the Politburo.
Military Commercial Joint Stock Bank (MB) has once again been honoured by The Asian Banker as the “Best FX Bank in Vietnam” at the Transaction Banking Awards 2025, held in Jakarta, Indonesia on May 22.
Creating and operating a national gold exchange forms the foundation for effective gold market management and control in Vietnam, writes economic expert Assoc. Prof. Dr. Nguyen Dinh Tho.
On 22 May 2025, the Police Department for Administrative Management of Social Order (C06), under the Ministry of Public Security, officially launched the Centralized Remote Digital Signing Hub (RSHUB) integrated with the VNeID platform. BIDV is honored to be the first commercial bank to pilot this groundbreaking solution within its online loan application process via the BIDV Home app.
On May 21, 2025, Agribank took part in the Workshop themed “Accelerating the Implementation of the Banking sector’s Action plan for the National green growth strategy for 2021-2030” and the Launch of the Handbook on Environmental and Social risk management in credit extension activities.