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.

Vietnam's banking sector is stepping up digital transformation, expanding cashless payments, strengthening system security, and promoting inclusive digital financial services to better serve people and businesses.

As financial fraud and online scams become increasingly sophisticated, Vietnamese banks are tightening transaction controls and deploying digital tools to detect risks earlier and better protect customers.​

Vietnam introduces sweeping financial and tax adjustments, reshaping compliance rules while closing loopholes in high-value transactions.

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.

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.

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).

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.

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.