Developed under a partnership between the two companies, the service aims to meet growing demand for faster and more convenient ways to receive money from overseas.
Circular 50/2026/TT-NHNN raises the maximum loan-to-deposit ratio (LDR) to 95 per cent from currently 85 per cent while introducing a phased transition towards Basel III liquidity standards.
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has been ranked second in S&P Global Market Intelligence’s 2025 performance rankings of the 50 largest publicly listed banks in Southeast Asia, and holds the top position among the Vietnamese...
As of the end of August 2026, credit proportion to agriculture, forestry, and fisheries accounted for 6.08 per cent industry and construction accounted for 23.1 per cent and trade and services accounted for 70.11 per cent.
Saigon Treasure Commercial Joint Stock Bank (SACOMBANK) has been honoured in the Enterprises Posting Impressive Growth category at the 23rd Excellent Brands Awards, recognising the bank’s efforts to strengthen its brand and its notable development in 2026.
The addition of new partners also shows its ability to access capital markets and expand its network of international financial institutions, particularly while global financial markets remain volatile.
MB is expanding its presence in key Asian financial and economic hubs, such as Singapore, the Republic of Korea, China and Taiwan (China), aiming to strengthen capital flow connections, international business ties and cross-border financial activities.
Saigon Treasure Commercial Joint Stock Bank (SACOMBANK) won three awards at the Vietnam Outstanding Banking Awards 2026, including “Outstanding Retail Bank”, “Outstanding Digital Bank”, and “Outstanding Bank for Small and Medium Enterprises”.
While the banking sector had made initial progress in innovation and digital transformation, financing for innovation remained inadequate, said insiders.
MSB and FXChange will prepare a proposal for submission to the State Bank of Vietnam (SBV) to seek approval for a self-service foreign exchange agency model, which would operate without staff permanently stationed at the kiosks.
During the visit, Mastercard delegates led by Huntsman held discussions with senior leaders from the State Bank of Vietnam, the Ministry of Public Security and the Ministry of Foreign Affairs on opportunities to deepen cooperation in support of Việt Nam’s...
Banks that undertook a mandatory transfer of weak banks expanded credit at a pace far exceeding the 10.2 per cent industry average, of which VPBank led with a surge of 23.2 per cent.
The slide was seen after the central bank injected a net total of over VNĐ34 trillion (US$1.3 billion) via open market operations and activated a foreign currency swap facility worth $2 billion.
