State Bank of Vietnam threatens to curb credit growth if banks fail to lower interest
Economy 22:54 21/10/2026The State Bank of Vietnam has ordered banks to cut deposit and lending interest rates, warning that non-compliant lenders could face reductions in their credit growth targets.
Vietnam's banks push innovation while addressing financing constraints
Vietnam News 10:11 05/10/2026The banking sector is stepping up digital transformation and modernising its financial infrastructure, access to funding remains a major obstacle for innovative businesses, particularly startups and technology firms with limited tangible assets and unstable cash flows.
Vietnam household deposits hit record high above $430bn
Economy 17:38 18/09/2026Bank deposits by Vietnamese households reached a record VND11.22 quadrillion (US$430.9 billion) by the end of July, up 8.56 percent from the end of 2025, according to the State Bank of Vietnam.
Remittances to Ho Chi Minh City top $4bn in H1 2026
Economy 15:44 23/07/2026Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter.
Vietnam central bank on credit data breach: CIC does not collect deposit or payment account data
Vietnam News 16:35 14/09/2025The State Bank of Vietnam (SBV) has issued a statement on a recent data breach at the National Credit Information Center of Vietnam (CIC), stressing that the agency does not collect sensitive banking information such as deposit accounts, balances, or card details.
Vietnam central bank to prioritise growth for rest of year amid global uncertainties
Economy 17:08 08/07/2025Vietnam's central bank said on Tuesday it will continue to adopt flexible monetary policies for the rest of the year, with priority given to supporting growth.
Vietnam to begin testing P2P lending from July 1
Economy 13:08 04/05/2025The Vietnamese government has approved a two-year trial of peer-to-peer (P2P) lending, starting from July 1.
Ho Chi Minh City attracts $2.4bn remittances in Q1
Economy 16:35 21/04/2025Ho Chi Minh City, the southern economic hub of Vietnam, received about US$2.412 billion in overseas remittances during the first quarter of 2025, marking a 19.6-percent increase compared to the last quarter of 2024, according to the State Bank of Vietnam's branch in Ho Chi Minh City.
Chief of State Bank of Vietnam's Ho Chi Minh City branch resigns
Economy 16:49 14/03/2021To Duy Lam will step down from his position on Monday
Vietnam offers debt waivers for individuals, businesses affected by recent catastrophes
Vietnam News 14:45 31/10/2020The State Bank of Vietnam has ordered credit institutions to roll out financial measures
Vietnam’s forex reserves at all-time high of $92bn: gov’t
Economy 15:40 08/09/2020The reserves grew $40.5 billion in less than three years
