With businesses seeking billions of dollars, banks raising deposit rates and the government accelerating infrastructure spending, Vietnam is entering an unprecedented competition for capital.

TNEX has been honored as the "Best Digital Bank in Vietnam 2026" by The Asian Banker. Marking its fourth win, this prestigious award reinforces TNEX’s enduring position and commitment to excellence on the global digital financial map.

The State Bank of Vietnam (SBV) has repeatedly asked commercial banks to lower deposit and lending interest rates as one of the solutions to achieve double-digit growth.

According to the State Bank of Vietnam, nearly 87% of Vietnamese adults had bank accounts as of early this year, while the number of non-cash payment transactions has been growing by nearly 59% annually.

Vietnam's anti-fraud payment platform has issued alerts to more than 4.4 million customers.

The race for scale in Vietnam's banking sector intensified as several mid-sized lenders moved closer to joining the VND1 quadrillion club.

Vietnam’s central bank has moved to encourage lending to social housing and industrial parks by relaxing credit growth calculations for participating banks.

Average lending rates at many banks edged up in April as they had to pay high for deposits. Meanwhile, the State Bank of Vietnam (SBV) continues to require credit institutions to control interest rates to support economic growth.

Vietnam’s push to maintain low interest rates is helping support growth, but much of the country’s cheap money continues flowing into real estate instead of production.

The State Bank of Vietnam says over 1.3 million suspicious banking transactions have triggered fraud alerts.

A controversial proposal on sharing taxpayer banking data with tax authorities has been removed from Vietnam’s latest draft tax management decree.

Household savings in Vietnam continue flowing steadily into banks, while deposits from businesses are showing signs of contraction as the banking system faces increasing pressure to balance funding amid rapid credit growth.

For the first time, Vietnam’s banking system is preparing to see a group of banks with charter capital exceeding VND100 trillion.

Despite rising deposit interest rates, 13 Vietnamese banks reported declines in customer deposits during the first quarter of 2026, with several major lenders recording sharp outflows.

Vietnam’s listed banks cut more than 3,000 jobs in the first quarter of 2026, with Sacombank alone responsible for nearly 85% of the decline.

Vietnam’s total outstanding credit surpassed VND19.4 quadrillion (US$747 billion) by late April, as banks ramped up lending despite mounting inflation and exchange rate pressures.

Deposit interest rates have continued to cool, with 42 banks cutting rates by 0.1-0.5 percentage points since the State Bank of Vietnam (SBV) Governor met commercial banks in early April 2026.

For the first time, Vietnam’s banking system is preparing to see a group of lenders surpass VND100 trillion (US$3.9 billion) in charter capital.

While many family businesses in Vietnam are still struggling with succession planning, the banking sector appears to be one step ahead.