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banking

Overnight rate hits 11 per cent in early June

Overnight rate hits 11 per cent in early June

Interbank interest rates for Vietnamese đồng loans across most short-term maturities have surged sharply at the beginning of June amid increased short-term capital demand from the banking system.
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.
Ministry drops proposal requiring banks to share taxpayer data

Ministry drops proposal requiring banks to share taxpayer data

The proposal has been ped from the latest draft decree on guiding the implementation of the 2025 Law on Tax Management.
Central bank simplifies regulations on foreign exchange management

Central bank simplifies regulations on foreign exchange management

The new circular amends and supplements five legal documents, thereby reducing and adjusting 11 administrative procedures in foreign exchange management.
Private banks accelerate in equity

Private banks accelerate in equity

Accumulating equity capital through retaining profits to distribute stock dividends is becoming the dominant trend.
Singaporean banks see more opportunities in Việt Nam

Singaporean banks see more opportunities in Việt Nam

Singapore’s banks are expanding their presence in Việt Nam to seize opportunities from the market’s increasing integration into Asian trade and surging corporate financing needs.
Despite deposit rate cuts, homebuyers still face heavy pressure

Despite deposit rate cuts, homebuyers still face heavy pressure

Despite the broader downward trend, several medium-sized and smaller banks are still competing to attract medium- and long-term deposits.
Bad debts increased by over 1.1 billion in Q1

Bad debts increased by over $1.1 billion in Q1

Non-performing loans accounted for 1.99 per cent of the banks’ total outstanding loans, compared to 1.85 per cent at the end of 2025.
Bank-led funding model strains as Việt Nam seeks new growth drivers

Bank-led funding model strains as Việt Nam seeks new growth drivers

Bank credit is nearing its limits as Việt Nam seeks trillions in investment for double-digit growth, prompting urgent calls to deepen capital markets and improve the efficiency of capital use.
Banks get new growth opportunities from digital credit for business households

Banks get new growth opportunities from digital credit for business households

Government’s new policies on streamlining and digitalising cash flow and business performance of business households and individual businesses are opening up significant opportunities for banks to boost digital lending to the customer group.
State Treasury deposits nearly 21.3 billion in banks

State Treasury deposits nearly $21.3 billion in banks

The State Treasury deposited more than VNĐ650 trillion ($21.3 billion) at State-owned commercial banks by the end of the first quarter of 2026, according to banks’ financial statements.
Liquidity pressure remains for banking system in 2026

Liquidity pressure remains for banking system in 2026

Credit growth of the banking industry has continued to outpace deposit growth, putting liquidity pressure on the banking system.
Banks among investors warned over delayed land projects in Hà Nội

Banks among investors warned over delayed land projects in Hà Nội

Hà Nội has given investors in 341 delayed land-use projects until April 30 to prove their capacity and timelines, warning of possible withdrawal or suspension for non-compliance.
PGBank Q1 profit nearly triples on stronger income

PGBank Q1 profit nearly triples on stronger income

PG Bank reported a near threefold rise in Q1 profit, supported by stronger non-interest income and tighter risk control.
Bank brand rankings 2025: Vietcombank retains top spot as competition intensifies

Bank brand rankings 2025: Vietcombank retains top spot as competition intensifies

The 2025 landscape suggests that the banking sector is entering a more competitive phase.