The trend of moving to HoSE is expected to help banks improve transparency, expand fundraising opportunities, and affirm their position in the capital market.
From July 1, banks across Việt Nam stopped using magnetic stripe cards and now require biometrics for company accounts to prevent fraud and improve security.
With more than 95 per cent of registered enterprises being SMEs, the private sector plays a decisive role in driving economic growth, innovation, and digital transformation.
The National Assembly last Friday approved revisions to the 2024 Credit Institution Law, significantly strengthening banks’ ability to recover bad debts and empowering the State Bank to intervene more effectively in struggling financial institutions.
Special loans from the State budget should only be provided when credit institutions face liquidity difficulties or to facilitate compulsory recovery and transfers. These measures aim to ensure the safety of the banking system and protect depositors’ rights.
Nearly VNĐ350 trillion (US$13.38 billion) was disbursed through the HCM City’s annual bank–business linkage programme in the first half of this year, a 6.35 per cent increase, according to the State Bank of Vietnam.
According to data from the US Federal Reserve’s New York branch, the gap between the US secured overnight financing rate (SOFR) and the Việt Nam’s overnight interest rate on June 18 was 2.28 percentage points.
The Law on Credit Institutions is proposed to be amended to include some provisions of Resolution No 42/2017/QH14 on piloting bank bad debt settlement.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at VNĐ20 million (US$765) and above, to enhance transparency and verify customer identities.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Việt Nam''s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative...
A notable driver was the continued surge in individual deposits, which hit a record high of nearly VNĐ7.5 quadrillion, up 5.73 per cent since the beginning of the year.
According to data from the State Bank of Vietnam, bank credit in the first five months of this year increased by 6.52 per cent to exceed VNĐ16.6 quadrillion. This was a record increase in credit in the first five months of...
The overall banking sector’s profitability in 2025 is forecast to improve slightly, with return on assets (ROA) increasing from 1.55 per cent to 1.60 per cent.
