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23 Vietnamese enterprises earn nearly 144 billion

23 Vietnamese enterprises earn nearly $144 billion

Although the private sector has increasingly asserted its role in the economy, the 2025 revenue picture showed that State-owned enterprises in the energy and fuel sectors still hold a dominant position.
New mindset, vision necessary in marine development: Top leader

New mindset, vision necessary in marine development: Top leader

The sea must be recognised as a strategic national development space where economic growth, national defence, security, science and technology, and international integration converge, said Party General Secretary and State President Tô Lâm.
Loss-making bank branches could be forced to shut down

Loss-making bank branches could be forced to shut down

Loss-making bank branches in Việt Nam could face closure from July 1 under new SBV rules aimed at boosting efficiency, strengthening oversight and streamlining procedures.
Central bank steps up inspections as some banks raise deposit rates

Central bank steps up inspections as some banks raise deposit rates

The State Bank of Vietnam has kept key policy rates unchanged to ensure banks could access central bank funding at relatively low cost.
Việt Nam eyes globally competitive economic groups

Việt Nam eyes globally competitive economic groups

After 40 years of Đổi mới (1986–2026), Việt Nam has seen the emergence of major economic groups across many sectors.
State Treasury deposits nearly 21.3 billion in banks

State Treasury deposits nearly $21.3 billion in banks

The State Treasury deposited more than VNĐ650 trillion ($21.3 billion) at State-owned commercial banks by the end of the first quarter of 2026, according to banks’ financial statements.
Việt Nam to become powerhouse of digital commerce innovation: study

Việt Nam to become powerhouse of digital commerce innovation: study

Việt Nam is accelerating past mere adoption to become a powerhouse of digital commerce innovation, according to a study entitled “State of Digital Commerce in Asia Pacific 2025”.
Special mechanisms outlined to boost strategic reserves, SOEs

Special mechanisms outlined to boost strategic reserves, SOEs

The Ministry of Finance has set out three special mechanisms to boost the development of the State economic sector, focusing on strengthening strategic reserves and enhancing the role of State-owned enterprises (SOEs).
SBV weighs 11 bids for gold bar licences

SBV weighs 11 bids for gold bar licences

The State Bank of Vietnam (SBV) has received 11 applications from companies and commercial banks seeking for licences to produce gold bars, a SBV’s senior official said on Tuesday.
Conference discusses measures to boost roles of economic groups

Conference discusses measures to boost roles of economic groups

Việt Nam needs to foster a new generation of private enterprises with stronger technological capabilities to lead key industries and shift from supporting growth to driving the country’s modernisation.
Banks cut rates following SBVs call

Banks cut rates following SBV’s call

Vietcombank also cut rates by 0.5 percentage points for 24-month deposits, bringing its highest rate down to 6 per cent.
Banks pledge to reduce lending rates after central bank meeting

Banks pledge to reduce lending rates after central bank meeting

Commercial banks have committed to lower deposit and lending rates to support economic growth and manage inflation risks at the meeting with Governor of the State Bank of Việt Nam Phạm Đức Ấn on April 9.
State budget revenue up 10.2% in Q1

State budget revenue up 10.2% in Q1

Global geopolitical tensions have also had a notable impact. The conflict in the Middle East since late February has disrupted global energy supply, driving up fuel prices, increasing production costs, and affecting business performance.
State Bank moves to keep interest rates stable

State Bank moves to keep interest rates stable

Banks must continue publicly disclosing average lending rates, the spread between deposit and lending rates, and interest rates of credit schemes and packages on their websites, making it easier for individuals and firms to access capital.
SBV proposes higher lending caps for major projects in Hà Nội

SBV proposes higher lending caps for major projects in Hà Nội

The maximum credit exposure for a single borrower would not exceed 38 per cent of a bank’s owned capital, while lending to a borrower and related parties would be capped at 52 per cent of bank capital when financing large...