The partnership completes NAPAS'' QR payment connection with Weixin Pay, giving Chinese visitors a seamless way to pay by scanning VietQRGlobal codes at outlets across Việt Nam.
The programme is one of the SBV''s solutions to promote growth in the context of a volatile global economy due to geopolitical conflicts and trade tensions.
The State Bank of Vietnam is drafting a circular to regulate safety, risk management and implementation conditions for AI systems in banking, aiming to clearly define management requirements for AI adoption in the sector.
The SBV said that a large number of legally opened accounts have remained inactive for years, while others have been d using outdated or falsified documents or have been exploited by criminals for fraud, money laundering and other illicit transactions.
Saigon Treasure Commercial Joint Stock Bank (SACOMBANK) is offering a certificate of deposit product to meet the growing demand for wealth management solutions that both offer high returns yields and capital flexibility.
The central bank''s net withdrawal of funds in previous weeks, along with the overnight interbank rate falling below 1 per cent per year, reflects the abundant short-term capital in the banking system.
The Ho Chi Minh City Development Joint Stock Commercial Bank reported strong first-half 2026 results, surpassing VNĐ1 quadrillion (US$38.1 billion) in assets, posting more than VNĐ13.2 trillion (US$502.8 million) in pre-tax profit, and strengthening its position in international capital markets.
HDBank has secured a record US$721 million international syndicated social loan, the largest ever raised by a Vietnamese organisation, highlighting strong global investor confidence in the bank and Việt Nam''s economic outlook.
The increase comes as deposit rates have risen steadily since late 2025, encouraging households to move idle funds into bank savings for capital preservation and higher returns amid subdued performance in the stock, property and gold markets.
The SBV asked payment service providers to urgently review their payment operations and step up measures to protect customers against increasingly sophisticated forms of card fraud.
The fact that bad debts are increasing faster than credit growth is a warning sign of pressure on the asset quality of the banking system, according to one economics lecturer.
The revisions focus on key areas, including the definition of beneficial ownership, verification of customer information, transparency of legal arrangements, risk-based customer classification and the frequency of updating customer information.
State Bank of Vietnam (SBV) Governor Phạm Đức Ấn said strong credit demand had made it increasingly difficult for the central bank to steer interest rates lower.
Remittances to HCM City through credit institutions and economic organisations increased 1.4 per cent quarter-on-quarter to more than US$2 billion in the second quarter of 2026, but were 28 per cent lower than a year earlier
