The United Overseas Bank (UOB) Vietnam on July 1 broke ground on UOB Plaza Ho Chi Minh City, its new headquarters commanding a total cost of some 450 million USD.

The maximum ratio of short-term capital used for medium- and long-term lending by credit institutions will be raised from the current 30% to 40% from July 1, according to a newly issued circular from the State Bank of Vietnam (SBV).

Vietnam Prosperity Joint Stock Commercial Bank (LPBank) has disclosed that billionaire Pham Nhat Vuong, chairman of Vingroup, has become one of the bank's major shareholders.

The State Bank is encouraging commercial lenders to support large-scale national development projects while maintaining risk controls.

Saigon Commercial Joint Stock Bank (SCB) has announced the liquidation of all assets, work equipment and materials at 11 branches across the country.

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.