By April 12, more than 3.7 million customer alerts had been issued through the information system for management, supervision and prevention of fraud risks in payment operations (SIMO). More than 1.2 million customers temporarily suspended or cancelled transactions after receiving warnings, involving nearly 4.17 trillion VND (158.12 million USD).
Data from the State Bank of Vietnam show that, as of December 2025, average Vietnamese dong interest rates at domestic commercial banks were 0.1-0.2% per year for non-term deposits and those with maturities of less than one month.
As the Lunar New Year (Tet) approaches, financial and banking scams in Vietnam are showing a sharp upward trend, prompting banks and law enforcement agencies to issue repeated warnings.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,403 VND/USD, and the floor rate 23,889 VND/USD.
The circular mandates that card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of institutional customers with their identity documents.
The upcoming signing of the United Nations Convention against Cybercrime in Hanoi, known as the Hanoi Convention, on October 25–26, highlights Vietnam’s active role in building a secure and transparent digital environment, including for the banking sector.
Millions of small business households are facing a major turning point, as the lump-sum tax system is replaced by tax declaration starting in 2026, part of a broader regulatory reform to modernise tax administration and promote a transparent and efficient business ecosystem.
Vietnam values its international partnerships, including with the UK, Finance Minister Nguyen Van Thang noted, urging UK companies, funds and financial institutions, and those from Europe and worldwide, to continue expanding investment, transferring know-how, sharing management experience and advancing green finance and technology to realise Vietnam’s sustainable development vision.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Under the agreement, a range of unprecedented incentives will be offered, including instalment loans covering 70–90% of the vehicle’s value with terms of up to eight years, and interest rates 3–4% lower than average during the first three years.
The State Bank of Vietnam set the daily reference exchange at 24,997 VND on June 17, up 5 VND from the previous day.
During this period, bank bonds constituted 67.1% of the total issuances, overshadowing the real estate sector, which accounted for only 20.8%.
Access to this massive amount of data allows banks to expand their digital offerings, particularly online lending.
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.
According to the current regulations, the share ownership cap by an institutional shareholder in a credit institution is reduced from 15% to 10% and for an individual and his/her related parties from 20% to 15%.
VietinBank will be the first bank in the country’s group of four largest State-owned commercial banks (Big4) to cut the number of its transaction offices. According to a plan released at VietinBank’s annual general meeting of shareholders (AGM) recently, the bank is expected to cut hundreds of transaction points to streamline the system in 2025.
Speaking at a meeting with representatives from ministries, agencies, international institutions, banks, investment funds and investors in Hanoi, Binh said that the Government of Vietnam is committed to always accompanying businesses, creating the most favourable conditions for enterprises to expand their investment in international financial centres in Vietnam as well as invest in other ecosystems that they are interested in.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,891 VND/USD on April 15, up 5 VND from the previous day.
The exhibition is held by Malaysian central bank - Bank Negara Malaysia (BNM) at its Museum and Art Gallery (MAG) within the framework of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting.
Budsakorn Teerapunyachai, Assistant Governor of the Bank of Thailand’s (BoT) Payment Infrastructure and Services Group, said this move is based on the expectation that commercial banks will face a demand for banknotes of around 40 billion THB, taking into account the holiday duration and the government’s tourism stimulus measures.