The State Bank of Vietnam has ordered an investigation into banks that have raised deposit interest rates contrary to directives, and affirmed that it will take strict action if violations are found.
With the State Bank of Vietnam's recent licensing of IBK, Vietnam now has 10 wholly foreign-owned banks in operation.
This is the first time in nine years that the State Bank of Vietnam has granted a license for the establishment of a 100% foreign-owned bank in Vietnam.
On the morning of April 10th, many commercial banks reduced interest rates following the State Bank of Vietnam's banking policy implementation meeting yesterday afternoon.
Many customers accidentally transfer money to strangers, and it's often difficult to get it back. What advice does the bank offer in these situations?
From April 1st, bank payment accounts will have to use the full name as it appears on identification documents; nicknames will no longer be permitted.
The State Bank of Vietnam plans to issue regulations increasing the loan limit for loans that do not require proof of purpose for using the funds.
To enable customers to proactively use banking services during the Lunar New Year holiday of 2026 (Year of the Horse), banks have announced their holiday schedules in advance.
Among the first 10 organizations to become members of the International Finance Centre in Da Nang, Vietcombank is the only bank on the list.
Many banks will charge a management fee for accounts with an average monthly balance of less than 500.000 VND.
From January 1, 2026, banks will stop accepting passports as identification documents for payment transactions and withdrawals.
Due to heavy rains and flooding in the South Central provinces, many banks have had to temporarily close branches/transaction offices and ATMs in the affected areas.
By the end of July, the total amount of savings deposited in banks reached over 15,72 trillion VND, of which deposits from individuals reached a record high of over 7,748 trillion VND.
Real estate is a cornerstone of bank credit, with over 4,1 trillion VND in outstanding loans, posing significant risks if the market fluctuates or asset values decline.
In the context of AI opening up many groundbreaking opportunities, leveraging intelligent data is seen as key to creating a competitive advantage for the banking industry.
By the afternoon of July 30th, 18 banks had announced their Q2 and first-six-month profits, with SHB reporting a strong increase in profit and five banks recording profits exceeding 10.000 billion VND.
Following the merger of provinces and cities on July 1st, many people are wondering whether they need to change their personal information when conducting transactions at banks.
Special loans with a 0% annual interest rate and no collateral will now be decided by the State Bank of Vietnam, instead of the Prime Minister as before.
From July 2025, five major commercial banks, including VietinBank, Vietcombank, BIDV, Agribank, and MB, will simultaneously implement a feature to warn against fraudulent transactions.
Lam Dong Provincial Police announced the arrest of the perpetrator of the bank robbery in Lien Nghia town, Duc Trong district.
LPBank is one of the banks that aggressively cut staff, reducing its workforce by more than 1.600 people (nearly 15%) in the first quarter of 2025.
Many securities companies are forecasting high profit growth in the banking sector compared to the same period last year, thanks to credit having started to accelerate right from the beginning of the year...
The bank also stated that it will reorganize its sales network model to better suit current practices and address existing weaknesses, limitations, and shortcomings.
Many Vietnamese banks currently have quite large charter capital, which could reach 100.000 billion VND in the future.
Essentially, household deposits are savings accumulated by individuals who deposit money into banks to earn interest.
Account closure is a common concept in banking transactions, so what are the steps involved in closing a time deposit account?
The State Bank of Vietnam has proposed allowing credit institutions the right to seize collateral assets.
Mr. Pham Toan Vuong, General Director of Agribank, has been elected Chairman of the Vietnam Banking Association for the seventh term (2020-2025).
HDBank and its partners are coordinating the implementation of $48 billion in contracts with major US corporations, which could increase to $64 billion.
The duration for which an ATM card is locked (unable to make transactions or receive money) due to non-use depends on the regulations of each bank.
Hotline: 0855.911.911 
RSS 
