State Bank Of Vietnam (SBV)

Ministries, agencies asked to take measures to effectively manage gold market

May 14, 2025 | 16:18

However, along with pending internal shortcomings, the unusual and unprecedented developments in the world geopolitical situation since the beginning of 2025 have pushed international gold prices to continuously increase, resulting in strong fluctuations in domestic gold prices, and the growing gap between domestic and world gold prices.

Bad debt legislation to unlock credit

May 02, 2025 | 10:00

A more robust legal system is crucial to unlocking over $160 billion in credit resources as Vietnam moves to amend the Law on Credit Institutions, preventing a surge in bad debt from turning into dead capital.

Formalising law to remove NPL barriers

March 27, 2025 | 12:21

The continued codification of regulations under the existing legal system is expected to facilitate the resolution of bad debts, as well as remove obstacles that undermine credit institutions.

More bank support to come in form of credit packages

March 18, 2025 | 14:46

Banks will place a strong focus on small traders and consumer lending this year, especially for social housing, to drive economic growth while supporting key sectors.

Lenders use Lunar New Year to offer alluring rates

February 20, 2025 | 17:41

Following the Lunar New Year holiday, many banks simultaneously adjusted deposit interest rates to attract idle capital from customers, while lending rates also showed an upward trend, presenting attractive opportunities, but also significant challenges for borrowers.

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

January 08, 2025 | 12:00

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.

Credit growth confronts new pressure

January 08, 2025 | 08:00

Credit activities are projected to achieve 16 per cent growth in 2025, though it will be a challenge due to inflation pressures and the sluggish recovery of key sectors.

Mandatory biometric verifications to be expanded

December 19, 2024 | 10:37

Since the implementation of biometric authentication in banking for individuals, fraudsters have shifted to using bogus company accounts, prompting the nation’s central bank to propose mandatory requirements for financial institutions.

The promotion of ESG via banking

November 21, 2024 | 09:32

Given Vietnam’s economic characteristics, with one of the highest credit-to-GDP ratios globally, credit capital plays a crucial role in guiding and promoting business activities and socioeconomic development.

ESG implementation in banking: from awareness to action

November 19, 2024 | 12:08

Deputy Governor of the State Bank of Vietnam Dao Minh Tu emphasised that increasing ESG implementations requires financial institutions to consistently comply with evolving regulations, demonstrating environmental and social responsibility while enhancing their credibility and transparency.