Lower rates, faster credit and double-digit growth are all desirable. Achieving them without destabilizing inflation, the currency or banks is the harder part.

Prime Minister Le Minh Hung has called for faster implementation of plans to deal with collateral assets linked to Saigon Commercial Bank (SCB), as part of broader efforts to address weak banks and strengthen the safety of Vietnam’s financial system.

Vietnam wants lower lending rates while preparing to mobilize nearly $1.5 trillion in investment over five years, putting the structure of its financial system under growing pressure.

Draft amendments would require crypto asset service providers in Vietnam to comply with anti-money laundering regulations.

The State Bank of Vietnam (SBV) has proposed allowing commercial banks to close customers' payment accounts that have remained inactive for three years or longer, according to a draft decree released for public consultation.

Vietnam's Ministry of Industry and Trade plans to conduct targeted inspections of five businesses trading in precious metals and gemstones in Hanoi as part of efforts to prevent and combat money laundering.

Vietnam’s central bank is steadily expanding monetary policy flexibility to support credit growth. But as investment demand surges, one question looms: how long can banks remain the economy’s primary source of long-term capital?

The State Bank of Vietnam (SBV) has said it will not include outstanding loans for 18 mega projects in the “credit room” created for conventional loans to ensure that businesses feel secure investing in national key projects.

Vietnam's foreign exchange reserves have declined from a record USD111.8 billion in early 2022 to nearly USD87.6 billion, as the central bank proposes new rules to strengthen reserve management.

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).

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

The VN central bank will continue operating with 20 units while adjusting the names of several departments, introducing new provisions governing the Transaction Center and Regional State Bank branches, and reorganizing specialized divisions.

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

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.

The State Bank of Vietnam is drafting a new circular to revise foreign exchange management regulations for FDI into Vietnam, in order to align the framework with recent changes in investment law and evolving market practices.

Eleven enterprises and credit institutions have submitted applications to be licensed for gold bar production and raw gold imports, as Vietnam’s central bank intensifies efforts to stabilize the gold market.

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.

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).

The monetary policy will remain proactive and flexible, closely coordinated with an appropriately expansionary fiscal policy to prioritise inflation control while supporting sustainable growth.