The dong remained fairly stable against the U.S. dollar in 2019, contrary to the forecast that it would shed its value by 2-3%.

Vietnam’s credit growth, as of December 20, was reported at 12.1%, way below the 14% target set by the State Bank of Vietnam, according to the General Statistics Office.

Digital is fundamentally changing banking in Vietnam and transforming the industry's competitive landscape.

The long-awaited listing of many large Vietnamese banks has once again been delayed as banks wait for market conditions to improve.

Vietnam and Thailand are experiencing a boom in mobile payments as more people use e-wallets to pay for goods and services without going through an intermediary like a bank.

A majority of credit institutions in the country said their business performance in the first quarter of 2019 was better than the same period last year, according to the State Bank of Viet Nam's March survey released late last week.

 In the first four months of the year, the trade deficit was at quite high at around US$2.8 billion.

 Total non-performing loans (NPLs) of the entire credit institutions (CI) system until March 31, 2017 were VND160 trillion ($7 billion).

 The Ha Noi-Sai Gon Commercial Joint Stock Bank (SHB) opened its fully-owned SHB Bank Limited in Laos in mid-January by upgrading the transaction office it had set up in 2012.

 VietNamNet Bridge – Mr. Nguyen Le Quoc Anh, Director of Strategy and Bank Development, will temporarily replace Mr. Murat Yuldashev as the CEO of the Vietnam Technological and Commercial Joint Stock Bank (Techcombank).