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banking

Banks stop accepting transactions by passport for VN customers from 2026

Banks stop accepting transactions by passport for VN customers from 2026

Vietnamese citizens must use ID cards or electronic ID cards, not passports, to verify their identity for bank transactions including payments, money withdrawals and card services.
Banks stop accepting transactions by passport for VN customers from 2026

Banks stop accepting transactions by passport for VN customers from 2026

Vietnamese citizens must use ID cards or electronic ID cards, not passports, to verify their identity for bank transactions including payments, money withdrawals and card services.
Deposit interest rate raising race amongst banks heats up

Deposit interest rate raising race amongst banks heats up

The capital raising race has become more active again in the fourth quarter of 2025, particularly among joint stock commercial banks, as they look to capture high capital demand at the end of the year and narrow the gap between...
Draft policy on rating microfinance institutions makes public for comments

Draft policy on rating microfinance institutions makes public for comments

The rating will include five criteria that is built based on the CAMEL model, including capital adequacy, asset quality, management, earnings and liquidity.
Over 5,000 bank jobs cut this year as lenders streamline operations

Over 5,000 bank jobs cut this year as lenders streamline operations

Việt Nam’s banking sector is simultaneously cutting staff in traditional roles while racing to recruit experts in digital technology and data analytics.
Credit rating, sustainable finance key for VN banking sector

Credit rating, sustainable finance key for VN banking sector

Credit rating and sustainable finance are an important foundation for the Vietnamese banking sector to build a modern and efficient financial system that is resilient to global fluctuations.
Bad debt settlement fully benefits from new policy from H2 2026

Bad debt settlement fully benefits from new policy from H2 2026

The codification of Resolution 42 into the law, effective from mid this month, is an important step, marking a key milestone in completing Việt Nam’s NPL resolution process.
SBV asks banks to support storm-hit customers

SBV asks banks to support storm-hit customers

Under Document 951/NHNN-TD issued on Tuesday, SBV has asked commercial banks, branches of foreign banks and SBV’s regional offices in areas affected by storms to promptly restore operations and support affected customers.
Private savings creates foundation for VNs sustainable development

Private savings creates foundation for VN’s sustainable development

Private savings is an important internal capital source, helping Việt Nam enhance resilience and a foundation for sustainable development in the context of digital transformation and deep integration.
Cashless payments soar as QR Code transactions skyrocket by 150 per cent

Cashless payments soar as QR Code transactions skyrocket by 150 per cent

QR Code payments lead growth with an increase by 61.6 per cent in volume and 150.7 per cent in value, underscoring the rapid shift toward fast and convenient digital payment methods.
HCM City bank lending rises by 10 per cent, focus on production and business

HCM City bank lending rises by 10 per cent, focus on production and business

The trend underscores the sector’s efforts to implement Government credit priorities, supporting economic growth and maintaining financial stability in the country’s southern economic hub.
VN banks launch handbook to combat online fraud

VN banks launch handbook to combat online fraud

Early intervention to block suspicious transfers is considered the most effective measure.
Vietnam Symposium in Banking and Finance returns for 2025 edition

Vietnam Symposium in Banking and Finance returns for 2025 edition

Notable topics include cross-border knowledge sharing, international supply chains, and the innovation ecosystem ESG controversies and the seven sins of banking and a policy roundtable on the rise of shadow banking and financial stability.
Inspection finds major banks misused trillions of đồng from bond issues

Inspection finds major banks misused trillions of đồng from bond issues

Inspectors concluded that three of the five banks used bond proceeds for the wrong purpose.