Nearly 18 billion cashless transactions were recorded in the first nine months of 2025, with total value surpassing VND260 quadrillion (nearly US$10 billion), according to the State Bank of Vietnam (SBV)’s Payment Department.
Credit growth of 18-20% for 2025 appears achievable as banks’ outstanding loans continued to expand over the first nine months.
Digital payments in Vietnam have continued to expand rapidly, with QR code transactions soaring by more than 150% in value, according to a report released by the State Bank of Vietnam (SBV) on October 29.
The State Bank of Vietnam (SBV) has ordered inspections of gold trading enterprises in Ho Chi Minh City and Dong Nai Province to be intensified following recent volatility and record-breaking surges in domestic gold prices.
The State Bank of Vietnam (SBV) announced that it has cleaned up 154 million bank accounts and flagged nearly 300,000 customers for suspected fraud, blocking transactions worth a combined VND1.5 trillion (US$56.9 million).
Domestic electronic transfers worth VND500 million (over US$18,900) or more, and international electronic transfers of US$1,000 (or the equivalent in foreign currency) or above, will have to be reported to the State Bank of Vietnam (SBV).
Global Finance has ranked Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong A+, the highest grade in its 2025 Central Banker Report Cards.
The State Bank of Vietnam (SBV) on July 31 announced that it has raised the credit growth target for commercial banks to support economic growth amid controlled inflation, in line with the Government’s directives.
VOV.VN - Overseas remittances to Vietnam hit about US$16 billion last year, reflecting Vietnamese expatriates’ trust in the country’s situation.
The move came as the dollar index (DXY) hovered around a four-month high of more than 105, with the market welcoming Donald Trump's victory in the US presidential election.