Shifting customer habits define new banking battleground in the digital age

Shifting customer habits define new banking battleground in the digital age

Vietnam's banking sector is undergoing clear segmentation, with a widening gap between institutions and a declining industry-wide willingness to pay a premium.
Non-performing loans pose challenge to banking sector

Non-performing loans pose challenge to banking sector

Managing non-performing loans (NPLs) remains a major concern for banks in 2025.
Anti-laundering legal holes being bridged

Anti-laundering legal holes being bridged

The banking sector is intensifying efforts to strengthen the legal framework and implement robust measures to combat money laundering in cross-border payments and remittance services, safeguarding the economy and the national financial system.
Lenders support dreams of homeownership for youth

Lenders support dreams of homeownership for youth

While preferential interest rates for young homebuyers are a positive step from the banking sector, a dedicated government-backed loan fund is needed to address high housing prices and limited availability of loans.
Banks firm on green growth trajectory

Banks firm on green growth trajectory

Vietnam’s financial and banking sector remains steadfast in its commitment to green development amid the withdrawal of numerous international financial institutions from net-zero initiatives due to concerns over political changes in the United States.
Vietnam prospects 2025: robust growth likely to continue despite trade dispute risks

Vietnam prospects 2025: robust growth likely to continue despite trade dispute risks

Citi's recent Vietnam's economic outlook forecast the country's GDP growth in the 6-7 per cent range for 2025, supported by continued manufacturing expansion and real estate recovery.
Banking sector seeks to build on last year’s strong growth

Banking sector seeks to build on last year’s strong growth

2024 marked a successful year for the banking system, with achievements in monetary policy and credit institution performance, setting the stage for ongoing efforts on bad debts, green credit, and sandboxes.
Ownership of financial groups comes to fore

Ownership of financial groups comes to fore

The formation of financial business groups with banks at the core is set to dominate, but complex cross-ownership and capital being diverted to so-called backyard companies is still causing a headache for state authorities.
Banking stabilisation on cards with mandatory deals

Banking stabilisation on cards with mandatory deals

The domestic banking merger and acquisition landscape is being reshaped by mandatory transfers, marking a pivotal step in stabilising weak banks and strengthening the sector’s foundation.
Green banking takes root in Vietnam

Green banking takes root in Vietnam

Environmental, social, and governance (ESG) standards in Vietnam's banking sector are evolving.
SMEs call for genuine support from banking sector

SMEs call for genuine support from banking sector

One of the main challenges faced by small- and medium-sized enterprises is funding, but they also need support from the banking sector in order to go green.
ESG represents a shift towards sustainability for banks

ESG represents a shift towards sustainability for banks

Experts at a recent VIR seminar expressed their view that the Vietnamese banking sector has performed well in most aspects of ESG implementation.
Banking sector contributes to ESG, green growth, and sustainable development

Banking sector contributes to ESG, green growth, and sustainable development

The banking sector has positioned itself as a pioneer in greening investment capital and enhancing social responsibility to achieve green growth.
VIR to host seminar on ESG integration

VIR to host seminar on ESG integration

VIR will host an ESG seminar in the Pullman Hotel in Hanoi on November 19.
Unlocking digitalisation potential in banking sector

Unlocking digitalisation potential in banking sector

While 5G commercialisation is expected to open more opportunities for the banking sector, various issues remain. Nguyen Quoc Hung, vice chairman of the Vietnam Banks Association, spoke with VIR’s Minh Anh about the current driving forces.
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