In a draft Circular now under consultation, the central bank outlines measures to identify, assess and contain systemic risks in the monetary, banking and financial sectors.
Việt Nam wants to receive support from international financial organisations, including SWIFT, so that its international financial centre could be aligned with global financial system.
The country recorded a high surplus of the current account balance, which reached US$8.72 billion in the second quarter of 2025, an increase of 120 per cent compared to the first quarter of 2025.
In a Government Office document issued on Monday, Permanent Deputy Prime Minister Nguyễn Hoà Bình requested inspections on compliance with policies and laws for credit institutions and enterprises in gold trading activities.
The Vietnamese Government is giving one-time payment of VNĐ100,000 per person as a gift on the 80th anniversary of the August Revolution and National Day. With around 107 million people, the budget was estimated at nearly VNĐ11 trillion ($417.53 million).
The State Bank of Việt Nam has proposed that all international electronic money transfers valued at US$1,000 or more within the country’s forthcoming international Financial Centre (IFC) must be reported to strengthen monitoring mechanisms and anti-money laundering (AML) efforts.
At a conference held on Monday in Hà Nội, SBV Deputy Governor Phạm Thanh Hà said that stabilising deposit rates and reducing lending rates are key tools to promote economic recovery and maintain macroeconomic stability.
The SBV also stated that it will strive to maintain stable deposit rates and reduce lending rates through cost-cutting, digitalisation, streamlined administrative procedures, and internal restructuring.
Special loans from the State budget should only be provided when credit institutions face liquidity difficulties or to facilitate compulsory recovery and transfers. These measures aim to ensure the safety of the banking system and protect depositors’ rights.
Việt Nam expects to make a significant shift in its gold trading policies as the Prime Minister has ordered that amendments to Decree 24/2012/NĐ-CP be completed by June. This move would pave the way for businesses to legally import gold, helping...
The move followed a warning issued the same day by SJC regarding counterfeit websites and Facebook pages which are impersonating its brand to deceive consumers.
The State Bank of Vietnam said it will monitor gold markets closely and coordinate with agencies to manage and stabilise the market within its authority.