Tag: banking
Banking sector lower lending rates
Domestic deposit interest rates at commercial banks have remained relatively stable since the beginning of the year, according to the State Bank of Vietnam (SBV).
More than 86 million bank accounts to be terminated from September 1
More than 86 million bank accounts that have not been biometrically authenticated or have been 'frozen' for a long time will be deleted starting September 1 to prevent fraud and cybercrime.
Central bank to assess compliance of banks in risk management
The State Bank of Vietnam (SBV) will deploy monitoring measures and tools to assess the compliance of commercial banks in implementing requirements related to risk management, especially compliance with Basel III international banking standards, an SBV official said at an event on July 16.
Credit growth hits two-year high, nearing 10% in first half of 2025
VOV.VN - Total credit to the national economy rose by nearly 10 % in the first half of 2025 to over VND17.2 quadrillion, marking the fastest growth rate since 2023.
Fintech sandbox expands access to capital for SMEs
The controlled sandbox mechanism in the banking sector is expected to significantly enhance access to capital for small and medium-sized enterprises (SMEs), experts said at a recent seminar on the implementation of Government Decree No. 94.
Regulatory sandbox in banking sector is a bold policy innovation
Vietnam’s Regulatory Sandbox Decree is more than just a legal instrument, it is a bold policy innovation, Swiss Ambassador to Vietnam Thomas Gass said at an event on July 1.
PM calls on Japanese bank to support green projects in Vietnam
Prime Minister Pham Minh Chinh on June 29 asked the Japan Bank for International Cooperation (JBIC) to continue supporting Vietnam’s green transition, especially by soon providing financial assistance for 15 green transition projects worth over US$20 billion.
VinFast partners with BCA to expand electric vehicle network in Indonesia
VOV.VN - VinFast has officially entered into a pivotal financial partnership with PT Bank Central Asia Tbk. (BCA), one of Indonesia's leading private banks, with the aim of providing comprehensive and strategic credit facilities for its dealer partners throughout Indonesia.
Hanoi, WB strengthen global partnership on infrastructure development
VOV.VN - Chairman of the Hanoi People’s Committee Tran Sy Thanh and World Bank Country Director Mariam J. Sherman have agreed to deepen cooperation on urban infrastructure development, with a particular focus on the Ngoc Hoi-Hanoi Station railway line.
Vietnam Airlines secures US$1.5 billion in funding from ING Bank for strategic expan
Vietnam Airlines and ING Bank have signed a Memorandum of Understanding (MoU) for bilateral financial cooperation, securing capital funding of up to US$1.5 billion.
