SBV

Update news SBV

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).

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.

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.

Rising fuel prices put pressure on Vietnam’s exchange rate, central bank says

The State Bank of Vietnam has warned that rising geopolitical tensions in the Middle East are putting pressure on the country’s exchange rate and domestic monetary market.

SBV vows agile policy response amid global headwinds

In the coming period, the SBV will calibrate interest rate management in line with macroeconomic developments and inflation trends, while requiring credit institutions to publicly disclose lending rates to enhance transparency.

Central bank moves to tighten AI use in banking

The State Bank of Vietnam (SBV) has moved to tighten oversight of artificial intelligence (AI) in the banking sector, requiring lenders and e-wallet providers to notify customers in advance when AI systems are used to interact directly with them.

ADB, SBV launch 2 million USD green banking initiative

The Asian Development Bank (ADB) and the State Bank of Vietnam (SBV) on January 30 jointly launched a 2 million USD initiative on green banking capacity development, aiming to help Vietnam scale up green and climate finance.

New legal framework for Mobile Money to take effect in Vietnam soon

The State Bank of Vietnam (SBV) has issued a decision promulgating an implementation plan for Government Decree No. 368/2025/ND-CP on the provision of Mobile Money services.

Small denominations not being phased out, says State Bank of Vietnam

The State Bank of Vietnam has officially refuted misleading information circulating on social media regarding the status of banknotes valued from 1,000 to 5,000 VND (approximately 0.04 to 0.20 USD).

Vietnam targets 15% credit growth in 2026 with tighter real estate control

In a move to balance economic support and inflation control, Vietnam’s central bank plans to guide credit growth around 15% in 2026, with flexible adjustments.

Nine banks and businesses apply for gold bar production licenses

The State Bank of Vietnam has received applications from nine banks and businesses seeking licenses to produce gold bars, signaling a shift toward liberalizing the gold market under new government regulations.

Liquidity pressure surges, Vietnam’s deposit rates rise again

At a press conference on December 29, the State Bank of Vietnam (SBV) explained that a surge in credit demand and seasonal factors have created significant pressure on the liquidity of the banking system.

Green bond debt reaches USD 1 billion as Vietnam preps loan interest aid

The State Bank of Vietnam (SBV) is finalizing a draft decree to propose to the Government, aiming to introduce a 2% annual interest subsidy for loans supporting green, circular economy, and ESG-compliant projects.

SBV plans to simplify business regulations for banks

Under a draft circular to replace Circular 32/2024/TT-NHNN, now open for public comment, many administrative procedures for establishing and relocating commercial bank branches and transaction offices will be significantly shortened.

State Bank issues emergency directive to aid storm-ravaged regions

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.

SBV cleans 154 million accounts, blocks $56.9 million in suspicious transactions

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.

Legal gaps kept deposit insurance fund of nearly VND100,000 billion idle

The State Bank of Vietnam stated that the aim of building the Law on Deposit Insurance is to create a comprehensive and transparent legal framework that better protects depositors’ rights and maintains the stability of the credit institution system.

Vietnam’s central bank confirms credit data incident at CIC

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.

SBV Governor Nguyen Thi Hong rated A+ by Global Finance

Global Finance has ranked Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong A+, the highest grade in its 2025 Central Banker Report Cards.