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Vietnam Airlines, VPBank and Visa launch co-branded corporate card

Vietnam Airlines, VPBank and Visa launch co-branded corporate card

The launch comes as Việt Nam''s cashless payment market continues to expand rapidly. According to the State Bank of Vietnam, the total value of non-cash transactions reached around 28 times the country''s GDP in 2025, equivalent to approximately VNĐ360 quadrillion,...
Techcombank posts record Q2 profit on strong fee income and digital growth

Techcombank posts record Q2 profit on strong fee income and digital growth

The bank posted pre-tax profit of VNĐ18.5 trillion (US$703 million) in the first half of the year, up 22.5 per cent year-on-year.
Businesses continue to seek cheaper financing as lending rates remain high

Businesses continue to seek cheaper financing as lending rates remain high

Business representatives said high interest rates are not only increasing financing costs, but also discouraging investment, particularly among small and medium-sized enterprises (SMEs), which account for more than 98 per cent of all businesses in Việt Nam.
Cooling-off period asked for large online transfers to curb fraud

Cooling-off period asked for large online transfers to curb fraud

The move aimed to enhance customer protection, reduce fraud risks in payment.
BIDV becomes first Vietnamese bank to join global carbon accounting alliance

BIDV becomes first Vietnamese bank to join global carbon accounting alliance

Through the alliance, BIDV will gain access to international methodologies, technical guidance and d emissions factors covering multiple countries and economic sectors.
Việt Nams upper-middle-income status marks new chapter, but tougher reforms lie ahead: World Bank

Việt Nam’s upper-middle-income status marks new chapter, but tougher reforms lie ahead: World Bank

Việt Nam’s new upper-middle-income status marks an important milestone in its development journey, but sustaining growth and achieving high-income status by 2045 will require stronger reforms, greater productivity and more innovation, according to the World Bank.
Việt Nam to remain Southeast Asias fastest-growing economy despite regional slowdown: ADB

Việt Nam to remain Southeast Asia's fastest-growing economy despite regional slowdown: ADB

In its July of the Asian Development Outlook (ADO), ADB maintained Việt Nam''s economic growth forecast at 7.2 per cent for 2026 and 7 per cent for 2027, among the highest rates in developing Asia.
Việt Nams economic momentum reflected in new income status

Việt Nam’s economic momentum reflected in new income status

Between 2021 and 2025, Việt Nam’s GNI recorded average annual growth of around 10 per cent, underscoring the economy’s strong momentum.
Banks and payment intermediaries required to share account data with tax authority

Banks and payment intermediaries required to share account data with tax authority

The information must be provided monthly, no later than the 10th day of the following month.
Vinasoy ramps up exports, invests in sustainable soybean supply chain

Vinasoy ramps up exports, invests in sustainable soybean supply chain

Vietnam Soya Products Company (Vinasoy) is focusing on exports as it plans to make overseas sales one of its key growth drivers in the years ahead.
SBV allows banks to exclude loans of three major developers from credit quotas

SBV allows banks to exclude loans of three major developers from credit quotas

The State Bank of Việt Nam (SBV) has allowed commercial banks to exclude newly extended loans to 18 major projects developed by Vingroup, Sun Group and Masterise from annual credit growth quotas, in a move to facilitate financing for large-scale...
Việt Nam, ADB to advance strategic projects with strong economic impact

Việt Nam, ADB to advance strategic projects with strong economic impact

Expressing appreciation for the Asian Development Bank’s (ADB) nonsovereign lending to Việt Nam’s private sector, Deputy Finance Minister Trần Quốc Phương said the Ministry of Finance will continue coordinating closely with ADB to facilitate such financing within Việt Namm’s legal...
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.