Cashless payments hit 28 times GDP in 2025

Cashless payments hit 28 times GDP in 2025

Cashless payment transactions in 2025 were worth around 28 times GDP, as digital payments surged across different channels.
Vietnam’s credit quota seen as safeguard for banking discipline

Vietnam’s credit quota seen as safeguard for banking discipline

Vietnam’s credit quota mechanism is expected to continue playing a key role in balancing growth, risk control, and banking stability in 2026.
Gold market reform advances as SBV receives applications for bullion production

Gold market reform advances as SBV receives applications for bullion production

Nine banks and enterprises have filed applications for gold bullion production licences with the State Bank of Vietnam following new regulatory amendments.
Banks raise deposit rates as year-end lending heats up

Banks raise deposit rates as year-end lending heats up

Deposit rates are climbing as banks seek funding amid rising credit demand and tightening liquidity.
New catalysts emerge for Vietnam’s stock market

New catalysts emerge for Vietnam’s stock market

The prospect of a market upgrade, alongside improving domestic fundamentals, will provide strong momentum for the Vietnamese stock market.
IBK plans fully foreign-owned bank in Vietnam

IBK plans fully foreign-owned bank in Vietnam

State-run Industrial Bank of Korea plans to set up a fully foreign-owned bank in Vietnam.
Interest rates poised to ease slightly as credit growth accelerates

Interest rates poised to ease slightly as credit growth accelerates

Lending rates may ease further next year, supported by stable funding costs and the prospect of US rate cuts.
Banks accelerate capital hikes amid Basel III push

Banks accelerate capital hikes amid Basel III push

Vietnamese banks are boosting their charter capital through stock dividends and share issuances to strengthen resilience and meet global standards.
Banks step up lending push ahead of year-end demand

Banks step up lending push ahead of year-end demand

Vietnamese banks ramp up credit efforts to capture year-end loan demand.
SBV proposes reporting for international transfers over $1,000

SBV proposes reporting for international transfers over $1,000

The SBV plans to require reporting of international transfers from $1,000 to better monitor capital flows and prevent money laundering.
Vietnam braces for financial headwinds with limited policy leeway

Vietnam braces for financial headwinds with limited policy leeway

Vietnam’s monetary policymakers face rising headwinds as currency pressure, inflation risks, and tight liquidity curb policy flexibility.
Roadmap outlined to abolish credit quotas

Roadmap outlined to abolish credit quotas

Vietnam is set to pilot the removal of its long-standing credit growth quota from 2026, with its central bank tasked to design a criteria-based roadmap aimed at boosting market openness while also safeguarding financial stability.
Economist warns rapid credit growth could pressure liquidity, rates

Economist warns rapid credit growth could pressure liquidity, rates

Top economist discusses drivers of Vietnam’s credit surge, liquidity risks, and the need for stronger monetary controls.
Bank of Korea, State Bank of Vietnam sign new MoU to boost cooperation

Bank of Korea, State Bank of Vietnam sign new MoU to boost cooperation

The Bank of Korea and State Bank of Vietnam have deepened their cooperation with a new MoU.
Banks see NPL relief as credit rebounds and Resolution 42 takes effect

Banks see NPL relief as credit rebounds and Resolution 42 takes effect

Banks are seeing NPLs decline, with further relief expected as credit growth picks up and Resolution 42 is formalised to streamline debt recovery.
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