The State Bank of Vietnam has issued Circular No. 45/2025, amending and supplementing several provisions of Circular No. 18/2024 on banking card operations. The new regulation will come into effect on January 5, 2026.

The State Bank of Vietnam (SBV) has issued an urgent directive requiring credit institutions to implement relief measures for customers impacted by Typhoons No. 12 and 13 across central Vietnam.

Under the new regulations, customers must use a chip-based ID card, a standard ID card, or a level-2 electronic ID for identity verification. Passports will no longer be considered valid identification documents for banking procedures.

Massive debts owed by companies in the fertilizer and logistics sectors continue to go unsold despite multiple auction attempts by major banks.

Vietnam’s banks are bracing for a new wave of debt recovery as Resolution No 42/2017/QH14 is codified into the amended Law on Credit Institutions, with analysts warning that the full benefits will only be visible from the second half of 2026.

A conference discussing the building of an international financial centre (IFC) in Vietnam was held under the chair of Prime Minister Pham Minh Chinh on November 1.

Following a recent data breach at the National Credit Information Centre (CIC) and a surge in online scams, Vietnamese banks are stepping up cross-sector collaboration to protect financial data.

After nearly a year of mandatory transfer, four banks — CBBank, Oceanbank, GPBank and DongABank — have shown significant improvements in operations, finance and technology.

Vietnam's bank credit by September 29 this year increased by 13.37% compared to the end of 2024.

Over the past time, the central bank has identified some 600,000 accounts showing suspicious activity. Through collaboration with banks, authorities warned nearly 300,000 customers and blocked transactions totaling around 1.5 trillion VND.

The banking sector digitizes at record pace as customer behavior shifts and data becomes a key asset.

Domestic electronic transfers worth 500 million VND (over 18,900 USD) or more, and international electronic transfers of 1,000 USD (or the equivalent in foreign currency) or above, will have to be reported to the State Bank of Vietnam (SBV).

Decree 69 paves the way for increased foreign participation in banking, unlocking billion-dollar capital flows.

Authorities are still working to determine the full extent of the compromised data, with the exact number of affected records continuing to be assessed and documented.

The SBV urged customers to adhere to legal guidelines and follow instructions from authorities and banks to protect their rights and interests, avoid fraud, and guard against malicious software attacks.

Four Vietnamese commercial banks have joined the International Finance Corporation’s (IFC) Alliance for Green Commercial Banks, a global platform designed to drive sustainable finance and promote green banking practices in emerging markets.

Private banks paid a total of 47.3 trillion VND (over USD 1.79 billion) to the State budget in the 2024 fiscal year, according to CafeF’s ranking of the top 20 private banks by budget contribution.

S&P Global Ratings has raised the long-term credit ratings of three major banks, reflecting the stronger resilience of the country’s financial system and continued above-average economic growth.

With six major banks now holding more than half of Vietnam’s total banking assets, the financial sector is showing strong momentum in 2025.