Vietnamese Gov’t forecasts CPI growth of up to 4.5% in 2025
With the goal of at least 8% GDP growth, the money supply in the economy will be significantly larger than in 2024. This will have an impact on price indices, particularly consumer prices.
15:51, 2025/02/24
Vietnam set to have digital banks within financial centers
Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.
14:30, 2025/02/15
Hanoi expands cashless parking pilot program
Hanoi is advancing its efforts to integrate technology into urban management by expanding the pilot program for cashless parking payments throughout the city.
16:58, 2025/02/11
Prime Minister urges banks to prioritize economic support over profits
One of the key priorities for the banking sector is to support small and medium-sized enterprises (SMEs), as they generate a large number of jobs and contribute significantly to the economy.
11:39, 2018/03/07
Draft resolution on handling tax arrears to be submitted to Vietnamese NA
The Ministry of Finance (MoF) is working on a draft resolution on handling tax arrears and irrecoverable fines to submit to the National Assembly.
17:24, 2018/03/06
Moody's reports on widening gap between Vietnamese banks
Asset quality and profitability at the 14 rated Vietnamese banks improved in 2017, but the divergence between strong and weak performers widened, according to Moody`s assessment.
15:45, 2018/03/06
Japanese SMBC continues participating in Vietnam’s banking reform
Sumitomo Mitsui Banking Corporation (SMBC), one of the largest and oldest banks in Japan, will continue taking part in the restructuring of Vietnam’s banking system in the coming time.
17:22, 2018/03/05
Non-cash payments to be developed in Hanoi
The Hanoi People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.
15:39, 2018/03/05
Techcombank plans to sell treasury shares to US or EU investors
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) set plans to sell more than 158 treasury shares to foreign investors with priority to those from the United States or European Union.
09:33, 2018/03/05
Vietnam: Banks need to recruit more employees for newly-opened branches
Many banks throughout the country need to recruit more employees for their newly opened branches this year or to replace staff members who quit their jobs before Tet Holiday.
16:27, 2018/03/02
Vietnamese banks join top 500 most valuable banking brands
VietinBank, BIDV, and Vietcombank have been named among the top 500 most valuable banking brands in 2018, according to Brand Finance`s report on February 1.
16:56, 2018/02/24
Vietcombank to offload 10% stake to foreign investors
Vietcombank is planning to sell more than 350 million shares, or a 10% stake, to foreign investors in the first half of 2018 after securing the government`s approval.
16:06, 2018/02/24
Total assets in banking sector exceed US$412 billion
The total assets of the banking sector reached VND9,400 trillion (US$412 billion) as of October 31, 2017, up 10.87% compared to the beginning of the year, according to the latest report of the State Bank of Vietnam (SBV).
14:00, 2018/02/09
Fees and retail banking services to become mainstay of banks in 2018
Commercial banks expect revenue from fees and retail banking services will become their main income sources this year thanks to rising market demands.
13:57, 2018/02/05
Moody’s: positive credit at Vietnamese banks through resolving legacy problem assets
Some Vietnamese banks have made good progress to resolve legacy problem assets, assessed Moody’s in its latest rating outlook on February 5.
14:52, 2018/02/04
20% Vietnamese adults accessible to financial services
One in five Vietnamese adults is accessible to official financial service, said in International Financial Company (IFC)’s recent report.
13:48, 2018/01/30
KB Vietnam Securities officially launched
The brand "KB Securities Vietnam" was officially launched in the presence of guests and stock market regulators in Vietnam and Korea on January 29 in Hanoi, laying the premise for strong development in the future.
17:10, 2018/01/29
Moody’s urges Vietnam to restrict accommodative monetary policy
Vietnam should be cautious with more monetary accommodation as it could pose risks to the economy and the banking sector, Moody’s Investors Service said.
13:04, 2018/01/28
SBV urges banks to facilitate bad debts resolution
Banks are requested to step up efforts in tackling bad debts and improving the safety of the banking sector, heard in the recent statement from the State Bank of Vietnam (SBV).
11:19, 2018/01/26
SBV to tighten capital inflow to high-risk fields
The State Bank of Vietnam (SBV) has urged credit institutions to tighten lending to high-risk fields.
12:58, 2018/01/24
Foreign inflows to Vietnam’s securities market hit 10-year high in 2017
Foreign capital inflows to Vietnam’s stock market reached a 10-year high in 2017, making it the third fastest-growing market globally, according to the State Securities Commission (SSC).
09:35, 2018/01/22
Reasons behind commercial banks’ skyrocketed profit in 2017
2017 witnessed numerous Vietnam`s commercial banks with record-breaking profit.
18:36, 2018/01/21
Half of Vietnamese adults have no bank accounts
The Vietnam National Financial Inclusion Strategies (NFIS) has remained low with only half of Vietnamese adults having bank accounts, according to the State Bank of Vietnam (SBV).
13:55, 2018/01/20
VAMC to handle billions dollar of bad debts in 2018
Vietnam Asset Management Company (VAMC) set the target of handling VND140 trillion (US$6.1 billion) worth of bad debts it had purchased in 2018.