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Banks stop processing instant 24/7 transfers for transactions about VND500mil

VN Maritime Commercial JSB said it stops processing instant 24/7 transfers for transactions above VND500 million ($20,000) from May 1, shifting such payments to standard processing that take at least four hours or until the next working day.

AI turning cyberspace into a ‘dynamic battlefield'

According to Senior Colonel Nguyen Hong Quan, Deputy Director of Department A05, with the support of AI, cyberspace has become a "dynamic battlefield" where offensive and defensive activities occur continuously and at an ever-increasing speed.

Another wholly foreign-owned bank joins Vietnamese market

The State Bank of Vietnam (SBV) has granted a licence for the establishment of a wholly foreign-owned bank to the Industrial Bank of Korea (IBK).

New Governor’s challenges: interest rates, exchange rates, gold market pressure

The world economy is facing many uncertainties, and geopolitical tensions have not cooled down, causing increasing pressure on monetary policy management for the banking sector and the new Governor of the State Bank of Vietnam (SBV) Pham Duc An.

Ho Chi Minh City court opens trial over Agribank lending scandal

The Ho Chi Minh City People’s Court on April 17 opened a first-instance trial against Nguyen The Binh and co-defendants over lending violations that inflicted losses of more than 1 trillion VND (38.4 million USD) on the state budget.

Idle land and weak investments exposed in banking audit

Vietnam’s State Audit has pointed to a range of inefficiencies across financial and banking institutions, including underutilized land, ineffective investments, and shortcomings in bad debt management.

JICA, BIDV announce 50 million USD loan to support rural MSMEs

The Japan International Cooperation Agency (JICA) and the Bank for Investment and Development of Vietnam (BIDV) on April 13 jointly announced a 50 million USD loan to support micro, small and medium-sized enterprises (MSMEs) in rural areas.

Interest rates at 5-year high: Is there room left to climb higher?

Deposit interest rates are showing signs of peaking after a prolonged upcycle, but there is limited room for a decline.

New governor pushes for lower interest rates to support growth

Commercial banks have reached strong consensus on reducing market interest rates to support businesses and individuals, committing to lower both deposit and lending rates following a high-level meeting.

QR, mobile payments on the rise, ATM usage declines

Cashless payments have recorded impressive growth from the beginning of this year, with many transaction channels increasing by over 30%, showing a clear shift in consumer payment behaviour, according to the State Bank of Vietnam (SBV).

Foreign-owned bank found in breach of multiple regulations in Vietnam

An inspection by the State Bank of Vietnam has uncovered a series of violations and shortcomings at Public Bank Vietnam, a wholly foreign-owned lender.

SBV to keep interest rates stable: Deputy Governor

The monetary policy will remain proactive and flexible, closely coordinated with an appropriately expansionary fiscal policy to prioritise inflation control while supporting sustainable growth.

Millions of bank customers narrowly avoid VND4 trillion scam losses

Nearly one million bank customers in Vietnam have narrowly avoided financial losses totaling close to VND4 trillion (US$164 million), thanks to a nationwide fraud monitoring system deployed by the State Bank of Vietnam.

State Bank moves to keep interest rates stable

The State Bank of Vietnam (SBV) has ordered credit institutions, foreign bank branches, and regional SBV offices to adopt concerted measures to stabilise interest rates, contributing to inflation control, macroeconomic stability, and economic growth.

Banks end account nickname feature from April 1 under new payment rules

Beginning April 1, payment account names at commercial banks must fully match information on citizens’ identity cards, in line with Circular No. 30/2025/TT-NHNN amending regulations on non-cash payment services.

Nam A Bank and Proparco strengthen green finance ties with Paris MoU

A new agreement signed in Paris signals a deepening partnership to mobilize sustainable capital and support Vietnam’s green growth ambitions.

Over VND1 trillion in corporate debt set for auction

A debt portfolio exceeding VND1.055 trillion (approximately US$43 million) linked to multiple corporate borrowers is being prepared for auction, as banks step up efforts to resolve non-performing loans.

Banks contribute record $3 billion in corporate tax to state budget

Thirty domestic commercial banks in Vietnam (excluding SCB and four banks under compulsory transfer) contributed nearly VND73.5 trillion to the state budget through corporate income tax (CIT) in 2025, equivalent to roughly $3 billion.

Small consumer loan threshold proposed to increase to 400 million VND

A draft circular proposes increasing the threshold to 400 million VND for loans issued by credit institutions and 200 million VND for those provided by people’s credit funds.

Vietnam’s banking brand value surges to 14.7 billion USD in 2026

According to Brand Finance’s Banking 500 2026, Vietnam is represented by 13 banking brands in the global rankings, seven of which demonstrate notable double digit-growth over the past year, reflecting a progressive financial ecosystem.