In Vietnam, banks offer gold, villas in race for deposits
Economy 14:11 14/09/2026Many banks in Vietnam are offering increasingly lucrative incentives, from high deposit rates and gold to apartments and luxury villas, to attract savers and shore up funding.
Foreign investors reap hefty returns from Vietnam’s 3 banks
Economy 17:02 28/08/2026Foreign investors that bought stakes in three of Vietnam’s banking giants, including Vietcombank, VietinBank and BIDV, have seen their investments increase 2.1 to 6.4 times, including dividends.
First Vietnamese bank surpasses $762mn in quarterly net interest income
Economy 16:12 07/08/2026Vietnam’s listed banking sector posted total net interest income of VND164.47 trillion (US$6.3 billion) in the second quarter of 2026, up over 9.2 percent from the previous quarter, with VietinBank becoming the first bank to exceed VND20 trillion ($762 million) in quarterly net interest income.
Banks in Vietnam required to provide customer account information for tax authorities
Economy 17:59 06/07/2026From July 1, credit institutions, banks, and payment service providers in Vietnam are required to provide tax authorities with customer account information, including transaction data, account balances, end-of-period balances, and other related information.
Vietnamese banks, tax authorities help household businesses go digital
Economy 17:31 04/06/2026Banks and tax authorities in Vietnam are rolling out a wide range of digital solutions to help household businesses modernize operations, improve tax compliance, manage cash flow more transparently, and gain easier access to financial services.
46 banks in Vietnam pledge to cut interest rates
Economy 12:20 10/04/2026Forty-six commercial banks in Vietnam pledged to lower both deposit and lending interest rates at a meeting with the State Bank of Vietnam on Thursday in a bid to ease financial pressure on businesses and households.
Banks, securities firms eye presence in Vietnam’s int’l financial center
Economy 16:48 17/03/2026Multiple banks and securities firms are positioned to establish a presence in the Vietnam International Financial Center (IFC) facilities in Ho Chi Minh City and Da Nang.
Private credit cash pivots from 'risky' West to emerging markets
World 15:02 07/10/2025LONDON/NEW YORK - An intricate series of pipes off Angola's Atlantic coast snakes toward a new fuel refinery that signals the country's push for energy independence — and its use of private creditors, instead of banks, to fund a big-ticket project.
Vietnamese banks cut nearly 3,000 jobs amid AI adoption
Economy 08:02 15/08/2025Financial reports from 28 Vietnamese banks for the first half of this year reveal that their total headcount dropped to nearly 280,000 employees, a decline of almost 3,000 compared to the beginning of the year, amid the growing adoption of artificial intelligence (AI).
Vietnamese banks concerned as mandate forces withholding of tax money from client accounts
Economy 15:54 09/03/2021Vietnam is trying to collect due tax from foreign service providers
