Steady interest rates before H2 rebound

Steady interest rates before H2 rebound

Vietnam’s deposit rates remain subdued on strong liquidity and policy support, but accelerating credit growth and year-end pressures could trigger a mild upward shift.
Banks post strong H1 performances on credit growth and cost cuts

Banks post strong H1 performances on credit growth and cost cuts

Banks have reported strong first-half results, fuelled by double-digit credit growth, improved asset quality, and operating efficiency.
SBV charts roadmap towards market-based credit control

SBV charts roadmap towards market-based credit control

Vietnam is preparing to eliminate administrative credit growth quotas, aiming for a market-based approach by 2026.
Vietnam eyes rate cuts amid ample liquidity and FX pressure

Vietnam eyes rate cuts amid ample liquidity and FX pressure

Hoang Xuan Trung from Citi Vietnam shared insights on how the economic situation is shaping Vietnam’s interest rate strategy and growth outlook.
Low interest rates hold steady as banks brace for lending peak

Low interest rates hold steady as banks brace for lending peak

Interest rates have dropped to their lowest in years, with the central bank signalling continued support as the economy enters the year-end peak season for business and consumer lending.
Exchange rate volatility looms as year-end risks mount

Exchange rate volatility looms as year-end risks mount

Mounting exchange rate pressures test policymakers as domestic challenges and global monetary divergence complicate stability efforts.
Policy overhaul aims to modernise gold market framework

Policy overhaul aims to modernise gold market framework

Market watchers expect gold prices to stabilise significantly once businesses are permitted to import gold.
Vietnam and Switzerland continue to tighten development cooperation

Vietnam and Switzerland continue to tighten development cooperation

Switzerland will continue to tighten cooperation with Vietnam in terms of economic transformation, institutional strengthening, and sustainable development.
SBV steps up efforts to clean up bank accounts and boost digital banking

SBV steps up efforts to clean up bank accounts and boost digital banking

Vietnam's banking sector is intensifying its crackdown on fraud, dormant, and unverifiable accounts through stricter regulations and biometric authentication in an effort to enhance data transparency and accelerate digital transformation.
Bank card circulation hit 157 million in Q1

Bank card circulation hit 157 million in Q1

There were nearly 157 million bank cards circulating in Vietnam by the end of the first quarter, up one million cards from late 2024.
Green credit faces headwinds amidst funding challenges

Green credit faces headwinds amidst funding challenges

Vietnam is pushing green credit to achieve its climate goals despite funding obstacles.
Official P2P lending model to make debut

Official P2P lending model to make debut

A peer-to-peer lending model is to be piloted in Vietnam, but its risks will have to be managed strictly to mitigate losses and fraud.
World Financial Innovation Series redefines future of financial services

World Financial Innovation Series redefines future of financial services

The WFIS took place over April 15 and 16 at the Melia Hotel in Hanoi.
Monetary policy space narrows as trade uncertainty weighs on FX market

Monetary policy space narrows as trade uncertainty weighs on FX market

Earlier this morning (April 10, Vietnam time), the United States announced a 90-day suspension and a reduction of reciprocal tariffs to 10 per cent to over 75 trading partners, including Vietnam. The tariff policy, however, still leaves room for uncertainties regarding the final policy direction, casting pressure on Vietnam’s foreign exchange market.
Banks join forces to support infrastructure and technology investments

Banks join forces to support infrastructure and technology investments

Commercial banks have hailed the government’s $20 billion credit package aimed at supporting infrastructure and digital technology.
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