As Việt Nam eyes higher growth, central bank easing faces limits amid mounting exchange rate pressures.
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Banks' net interest margins hit six-year low 13/08
The net interest margin (NIM) for listed banks has declined to its lowest level since 2019, but experts expect this trend will reverse in the near future.
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Banks focus on increasing charter capital in second half of year 08/08
To boost capital, banks are issuing dividend stocks, making private placements, and selling shares to foreign investors.
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Banks accelerate digitalisation, non-cash payments 08/08
Việt Nam’s per capita cashless transaction volume now trails only China, with total value of VNĐ295.2 quadrillion (US$11.3 trillion), or 26 times of its GDP.
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Việt Nam targets to launch international financial centres by the end of 2025 04/08
Prime Minister Phạm Minh Chính who also heads the Steering Committee for Việt Nam’s International Financial Centre (IFC), signed a decision on Friday approving an action plan to establish IFC in HCM City and Đà Nẵng by the end of 2025.
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Foreign exchange rate to be affected by US reciprocal tariffs in short term 01/08
Trong báo cáo triển vọng kinh tế vĩ mô nửa cuối năm 2025 mới đây, các chuyên gia của Công ty Chứng khoán KB (KBSV) cho rằng, trong ngắn hạn, tỷ giá có thể sẽ tiếp tục căng thẳng tại một số thời điểm trong quý III vì ba lý...
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SBV raises 2025 credit growth quota to support economic expansion 01/08
The SBV also stated that it will strive to maintain stable deposit rates and reduce lending rates through cost-cutting, digitalisation, streamlined administrative procedures, and internal restructuring.
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Banking sector shifting focus to Vietnamese start-ups 29/07
According to the State Bank of Vietnam, by the end of June 2025, total system-wide credit had grown by approximately 9.9 per cent, with capital flows concentrating on priority sectors such as production, business, and notably, start-ups.
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Việt Nam’s digital asset market attracts major players 23/07
In Việt Nam, while digital assets were initially recognised in the legal framework, the State Bank of Vietnam has not yet accepted virtual currencies as legal tender.
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Vietnamese banks set for growth on major policy shift 17/07
Experts believe that if managed properly, lifting credit room restrictions will enhance lending flexibility, allowing for a more natural adjustment of capital supply and demand, thereby facilitating investment and production needs in the economy.
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Central bank to assess compliance of banks in risk management 17/07
The SBV has so far issued a system of documents guiding the implementation of Basel, such as Circular 41/2016/TT-NHNN regulating the capital adequacy ratio for banks and foreign bank branches and Circular 13/2018/TT-NHNN regulating the internal control system of commercial banks and foreign bank branches. MB highly appreciates the SBV’s...
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Interest rate cut requires a trade-off in foreign exchange rate 17/07
Although the value of many Asian currencies has recovered so far this year, the Vietnamese đồng has still depreciated by about 2.7-2.8 per cent against the US dollar.
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Data is crucial for banking industry to move to new development phase 11/07
In the near future, the State Bank of Vietnam (SBV) will also issue regulations allowing the closure of all accounts without authentication data.
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Bank credit growth hits two-year high in first half of year 09/07
The 9.9 per cent first-half credit growth was announced at the press conference to review the performance of the banking industry in H1 2025 and implement works for H2 2025.
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Central bank resumes issuing bills after four months of suspension 30/06
Four commercial banks won the SBV’s bid for VNĐ3.1 trillion worth of bills with a term of seven days and an interest rate of 3.5 per cent per year.
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