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Quality is the foundation, implementation the key to double-digit growth target: World Bank

Quality is the foundation, implementation the key to double-digit growth target: World Bank

Tehmina Khan, the World Bank''s lead economist for Việt Nam, Cambodia and Lao PDR, spoke with Việt Nam News Agency about the country''s economic outlook amid rising global uncertainty.
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.
SACOMBANK renamed as Saigon Treasure Commercial Joint Stock Bank

SACOMBANK renamed as Saigon Treasure Commercial Joint Stock Bank

Saigon Thuong Tin Commercial Joint Stock Bank (SACOMBANK) has officially changed its name to Saigon Treasure Commercial Joint Stock Bank following approval from the State Bank of Vietnam under Decision No. 36/QD-QLGS4 dated June 1, 2026.
Ministry drops proposal requiring banks to share taxpayer data

Ministry drops proposal requiring banks to share taxpayer data

The proposal has been ped from the latest draft decree on guiding the implementation of the 2025 Law on Tax Management.
Ministry proposes data, cash flow-driven lending to ease SMEs credit crunch

Ministry proposes data, cash flow-driven lending to ease SMEs’ credit crunch

Draft amendments to the Law on Support for Small- and Medium-Sized Enterprises aim to reduce SMEs’ dependence on collateral-backed borrowing and encourage banks to assess borrowers based on business performance, transaction data, cash flow and value chains.
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.
Ardingly College partners with MB Bank to launch World Ready financial–education solution

Ardingly College partners with MB Bank to launch “World Ready” financial–education solution

British boarding school in Việt Nam, Ardingly College Vietnam, has partnered with MBBank to launch “World Ready”, a finance-education solution designed exclusively for parents of students at the school.
Việt Nams economic outlook in 2026 remains solid despite global headwinds: WB

Việt Nam’s economic outlook in 2026 remains solid despite global headwinds: WB

Growth is expected to moderate in 2026 to a still high 6.8 per cent, as the Middle East oil shock weighs on global demand and domestic activity.
SBV proposes allowing foreign banks to use local accounts for international payments

SBV proposes allowing foreign banks to use local accounts for international payments

The State Bank of Vietnam (SBV) has proposed foreign credit institutions be allowed to use accounts opened at Vietnamese banks for international payment and money transfer services to facilitate international payment and promote financial integration.
Việt Nam – A strategic link in Pan-Asia Power Grid Initiative: ADB

Việt Nam – A strategic link in Pan-Asia Power Grid Initiative: ADB

In an interview with the Vietnam News Agency (VNA)''s reporter, Keiju Mitsuhashi, director for Energy Sector for Southeast Asia and the Pacific at ADB, underscored this strategic position, describing Việt Nam as a “truly important” part of the broader Pan-Asia...
Techcombank targets US4.5 billion capital increase, approves 7% cash dividend

Techcombank targets US$4.5 billion capital increase, approves 7% cash dividend

Techcombank plans to raise its charter capital to more than VNĐ113.7 trillion (US$4.5 billion) - the largest increase announced in the banking sector this year - while paying a 7 per cent cash dividend and issuing bonus shares of up to 60 per...
VPBank eyes record 1.65 billion profit and capital expansion

VPBank eyes record $1.65 billion profit and capital expansion

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on Wednesday held its 2026 AGM, targeting over VNĐ41.3 trillion (about US$1.65 billion) in pre-tax profit and the system’s highest charter capital.
SHB targets VNĐ19 trillion profit and unveils new brand identity

SHB targets VNĐ19 trillion profit and unveils new brand identity

Shareholders approved SHB’s 2026 business plan under two scenarios based on actual credit growth limits.
SACOMBANK signals strategic transformation at AGM

SACOMBANK signals strategic transformation at AGM

Shareholders of Sai Gon Thuong Tin Commercial Joint Stock Bank (SACOMBANK stock code: STB) have approved a number of strategic resolutions across three key pillars - operational efficiency, brand positioning and governance restructuring - at the 2025 annual general meeting held in Phú Thọ Province on April...
SHB teams up with Huawei to boost digital transformation

SHB teams up with Huawei to boost digital transformation

The agreement reflects SHB’s long-term vision and determination to redefine its growth model, strengthen competitiveness, accelerate digitalisation, and contribute to the development of Việt Nam’s digital economy.