Several commercial banks have started reducing deposit interest rates by 0.1 to 0.4 percentage points in response to the Prime Minister’s direction to lower rates to help achieve the Government’s 8% growth target in 2025.

VOV.VN - Vietnam’s hosting of the 4th Summit of the Partnering for Green Growth and the Global Goals 2030 (P4G) in April is a strong testament to the international community’s recognition of the country’s commitment to transformation as a contribution to motivating nations to join hands in pursuit of green and sustainable development.

VOV.VN - Standard Chartered Bank Vietnam hosted a workshop in Ho Chi Minh City on February 20 to discuss both Vietnam’s and the world’s economic outlook in the first half of the year, as well as other key economic trends shaping global and local markets.

DongA Commercial Joint Stock Bank (DongA Bank) has changed its name to Vikki Digital Bank Limited (Vikki Bank) following Decision No 42/QĐ-TTGSNH2 issued by the State Bank of Vietnam (SBV) on February 14.

VOV.VN - On February 11, Prime Minister Pham Minh Chinh chaired a meeting in Hanoi with permanent Cabinet members and commercial banks to discuss measures aimed at driving economic growth, dealing with challenges, and keeping inflation in check.

Digital banking services have achieved remarkable progress in recent years to betters serve citizens and businesses, according to insiders.

In its newly released ‘Global Economic Prospects’ report, the World Bank (WB) predicts that Vietnam's GDP growth in 2025 will reach 6.6%.

Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over VND3.9 quadrillion (US$153.3 billion), a 11.3% increase for the year, according to the central bank.

VOV.VN - Last year saw the State Bank of Vietnam proactively monitor global and domestic economic developments and implement comprehensive measures to support businesses and individuals in accessing bank loans through the stable monetary policy.

Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14% in 2024 to 17% in 2025 driven by a shift in GDP growth drivers from external factors to domestic driven growth.