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banking

High-quality human resource development promoted in AI age

High-quality human resource development promoted in AI age

As digital transformation is having a profound impact on all industries, the comprehensive high-quality human resource development has become an urgent requirement for the Vietnamese banking industry and needs to be implemented synchronously among educational institutions and credit institutions to...
Fiscal policy, capital markets need to share burden for monetary policy

Fiscal policy, capital markets need to share burden for monetary policy

Credit has risen by about 11 per cent so far this year, making it impossible to rely solely on banking capital to drive economic growth while controlling bad debt risks. The focus must shift to fiscal policy and long-term capital...
Central bank cleans 154 million accounts, blocks US56.9 million in suspicious transactions

Central bank cleans 154 million accounts, blocks US$56.9 million in suspicious transactions

As of September 2025, the central bank proposed cutting and simplifying 124 out of 298 administrative procedures, representing 41.6 per cent of the total. This initiative has reduced processing time by hundreds of days and saved more than VNĐ7.6 billion...
Việt Nam bank credit growth keeps rising in 2025

Việt Nam bank credit growth keeps rising in 2025

Director of the SBV’s Credit Department Hà Thu Giang reported that the credit structure across sectors matched the broader economic structure.
SBV eyes new measures to curb systemic risks in financial sector

SBV eyes new measures to curb systemic risks in financial sector

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.
Banks offer incentives to lure savings for year-end capital demands

Banks offer incentives to lure savings for year-end capital demands

Analysts forecast that the interest rate scenario until the end of 2025 is likely to remain stable, thanks to the SBV’s flexible management orientation.
Banking industry needs data-driven, customer-centric breakthrough: experts

Banking industry needs data-driven, customer-centric breakthrough: experts

In the first seven months of 2025, non-cash transactions via QR codes increased by 66.7 per cent in quantity and 159 per cent in value compared to the same period in 2024.
Central bank faces challenges to meet Govt dual goal

Central bank faces challenges to meet Gov’t dual goal

In the context that room for monetary policy is narrowed due to prolonged interest rate differentials and exchange rate pressures, Việt Nam should promote the role of fiscal policy, considering it as the key tool in promoting growth.
Regulation changes to large online money transfers

Regulation changes to large online money transfers

Domestic online money transfer transactions of VNĐ500 million or more must be reported to the SBV’s Anti-Money Laundering Department.
Sacombank honoured again at Vietnam Outstanding Banking Awards

Sacombank honoured again at Vietnam Outstanding Banking Awards

Sacombank has been honoured with three prestigious accolades: Outstanding Retail Bank, Outstanding Digital Bank, and Outstanding Bank for Small and Medium Enterprises at the Vietnam Outstanding Banking Awards 2025, organised by International Data Group in collaboration with the Vietnam Banks...
Credit growth forecast to sprint past Government target

Credit growth forecast to sprint past Government target

Some large joint stock commercial banks, such as MB, VPBank and HDBank, are even likely to have outstanding growth rates of 25-30 per cent in 2025.
Banks raise the bar with new capital rules

Banks raise the bar with new capital rules

The new regulations mark a crucial advancement of Việt Nam’s banking system toward standards of Basel III set by the Basel Committee on Bank Supervision.
Smart Banking 2025 summit to begin on September 25

Smart Banking 2025 summit to begin on September 25

This year’s event, which will bring together more than 1,000 senior delegates, will be a forum for all parties to discuss, share experiences and seek solutions to key issues in the banking industry.
Govt urges complete restructuring plan for vulnerable SCB

Gov’t urges complete restructuring plan for vulnerable SCB

After the SBV completed the compulsory transfer of four weak banks — CB, Oceanbank, DongA Bank and GPBank — earlier this year, SCB remains the only weak bank yet to complete its restructuring plan.
SBV Governor Nguyễn Thị Hồng rated A by Global Finance

SBV Governor Nguyễn Thị Hồng rated A+ by Global Finance

Grades are based on an “A+” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability, interest rate management and political independence. “A” represents an excellent performance, down through “F” for outright failure.