Keyword: "banking"

120 Result

Customers conduct transactions at the State Bank of Vietnam’s Regional Branch No. 2. (Photo: VNA)

Ho Chi Minh City sees robust credit growth in 2025

The State Bank of Vietnam’s Regional Branch No. 2 said banking capital has been channelled mainly into priority sectors, production and business activities, and key programmes, contributing to market stability and supporting the city’s economic recovery and growth.

A credit officer from the Vietnam Bank for Social Policies (VBSP) in Phu Tho province guides residents on utilising borrowed capital for intended purposes and effective investment. (Photo: VietnamPlus)

Policy credit drives strong transformation in the Ancestral Land

The sharp decline in the poverty rate and the gradual improvement in the livelihoods of ethnic communities reflect decisive leadership, management, and the strong involvement of the entire political system, particularly the synergy created by various organisations, businesses, and social policy credit.

The codification of Resolution 42 into the law, effective from mid this month, is an important step, marking a key milestone in completing Vietnam’s NPL resolution process. (Photo: thoibaonganhang.vn)

Bad debt settlement fully benefits from new policy from H2 2026

Resolution 42, enacted in 2017 to pilot bad debt settlement for credit institutions, was introduced in response to a sharp rise in non-performing loans (NPLs). It empowered credit institutions to seize and liquidate collateral assets, expediting debt recovery. After more than six years of implementation, the resolution delivered certain results but expired last year.

Indonesia eyes gold export ban to power bullion banking push. (Photo: observerid.com)

Indonesia mulls gold export ban to build bullion banking system

Indonesia ranks as the world's sixth-largest gold reserve holder, producing an estimated 160 to 200 tonnes annually, mainly through major state-owned enterprises. Despite this, much of the mined gold is held or traded abroad. In 2024 alone, Indonesia exported gold worth 5.4 billion USD while reimporting 2.6 billion USD worth of the metal.

Cashless payment becoming more popular in Vietnam. (Photo: VietnamPlus)

Efforts urged to promote cashless payment

Relevant authorities are requested to swiftly implement measures to encourage non-cash transactions, enhance direction and guidance, and conduct widespread communication campaigns to promote cashless payments.

Illustrative photo (Photo: hanoimoi.vn)

Capital poured into agriculture, rural areas

Credit growth for agriculture and rural development in Vietnam rose 5.31% in the first half of 2025, representing 23.16% of total loans, easing the sector’s long-standing capital shortage.

Digital transformation solutions are displayed in Ho Chi Minh City in response to National Digital Transformation Day. (Photo: nhandan.vn)

AI offers breakthrough opportunities for businesses

Under the Poliburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation, Vietnam aims to be among the top three ASEAN countries and the top 50 globally in AI development by 2030.

The draft amended Law on Atomic Energy is adopted on June 27. (Photo: VNA)

NA adopts seven key laws on June 27

The seven important laws adopted at the NA meeting covers science and technology, atomic energy, rail transport, banking regulation, mass organisations, military defence, and criminal procedure.

Many banks in Vietnam promote green credit for sustainable growth. (Photo: VNA)

State bank launches tool to facilitate green finance

As of March 2025, 58 credit institutions in Vietnam had outstanding green loans, a sharp increase from 15 in 2017. The average growth rate of outstanding green loans in the 2017-2024 period reached over 21% per year, higher than the growth rate of outstanding loans for the economy.