Keyword: "Vietnamese banks"

Vietnamese banks are entering the final stretch of 2025 with accelerated credit growth, flexible lending quotas, and lower interest rates, the steps that experts say could push the credit expansion beyond the set target of 16%.

Vietnamese banks have also proactively improved their image and position in the international arena. According to Brand Finance's 2025 rankings, 13 Vietnamese banks are now listed in the Top 500 banks with the highest brand value globally.

Fifteen Vietnamese banks have been named among the world’s top 500 banking brands recently announced by the global leading brand valuation consultancy Brand Finance, according to the Vietnam Banks Association.

The State Bank of Vietnam (SBV) this year removed the credit growth quota for foreign banks, but the policy remains for Vietnamese banks, due to concerns about rising bad debts, the security of the banking system and macroeconomic instability.

Fifteen Vietnamese banks are named among the world’s top 500 most valuable banking brands this year according to the Brand Finance Banking 500 2024 ranking. In the recently released ranking, Vietcombank is the Vietnamese bank with the highest brand value in 2024. Globally, Vietcombank ranks 133rd, up 4 positions compared to 2023.

Credit ratings agency Fitch Ratings has recently revealed upgrades for several banks, in the wake of its decision to raise Vietnam's national credit rating to BB+ with a long-term outlook of "Stable".

A number of Vietnamese banks are grabbing interest of foreign investors who are major banks or financial groups.

Moody's Investors Service has raised ratings of 12 Vietnamese banks following its upgrade of Vietnam's sovereign rating to Ba2 from Ba3.

President of the Lao State Inspection Authority Khamphan Phommaphat on June 1 worked with leaders of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Vietnam Electricity (EVN) as part of his visit to Vietnam.

A financial report analysis of 24 Vietnamese banks shows that the average Current and Savings Account (CASA) ratio of the banks rose from 17 percent in 2020 to 19.4 percent in late 2021.

A number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies.

Multiple banks recorded prosperous business results in the first nine months of 2021 despite the negative impacts caused by the COVID-19 pandemic, with some even exceeding business targets for the whole year.

Three Vietnamese banks, namely Vietcombank, BIDV, and Techcombank, were nominated as the best financial brands in Vietnam by UK-based market research firm YouGov on September 7.

Vietnamese banks are still attractive to foreign investors thanks to the country’s economy and strong resilience to unprecedented difficulties and challenges caused by the COVID-19 pandemic.

Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings and senior unsecured ratings of 15 Vietnamese banks at Ba3 positive.

Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Vietnam (SBV) draft circular.

Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.

Credit institutions in Vietnam settled more than 26.94 trillion VND (1.17 billion USD) of non-performing loans (NPLs) in the first quarter of this year.

Moody's Investors Service has placed the long-term ratings and assessments of three Vietnamese finance companies and two Vietnamese banks on review for downgrade.

Banks in Vietnam posted solid profit growth and asset quality improvements in 2019, benefitting from the country's robust macro-economic environment, Moody's Investors Service said.