Tags new forms of fraud More than 86 million bank accounts to be terminated from September 1 Thursday, Jul 17, 2025 The SBV stated that the deletion of over 86 million bank accounts was considered a system cleanup measure. Banks end magnetic cards, require biometrics for firms from July 1 Tuesday, Jul 01, 2025 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.