Banking & Finance
Real estate credit reaches $196bln by end-June
Real estate loans accounting for 25.5% of total outstanding credit to the economy.
Business
Firms from Vietnam and Singapore partner to develop cross-border digital trust infrastructure
The partnership between PILA and TOTM Technologies aims to establish a trusted digital verification platform for cross-border transactions, helping promote digital trade, reduce verification costs and strengthen trust among businesses, financial institutions and regulators.
Vietnam Today
PM urges banks to direct credit toward growth-driving sectors
Prime Minister Le Minh Hung chairing a meeting with the banking system to review monetary policy and credit activities during the first seven months of 2026.
Vietnam waives transport fees to ease cost pressures on businesses
The policy taking effect from April 7 to June 30, 2026.
Three-consortium proposes $1.15 billion financial tower for Vietnam’s IFC in HCMC
A consortium comprising REE, HFIC, and VinaCapital has proposed investing $1.15 billion to develop a 99-storey financial tower in Ho Chi Minh City's Thu Thiem New Urban Area, expected to become a landmark of Vietnam’s International Financial Centre.
HCM City jumps 11 positions in Global Financial Centers Index
The improved standing signals meaningful gains in upgrading the financial business environment, strengthening infrastructure and deepening connectivity with international markets.
Special remuneration mechanism proposed for financial center experts
The applicable subjects include the Chairperson, Vice Chairpersons, and members of the Executive Council; personnel working in the Assisting Body and the Advisory Council; and other relevant agencies, organizations, and individuals.
Cross-border QR code payment services between Vietnam and China launched
Under the new arrangement, Chinese tourists can use Alipay - a member wallet of Ant International - to scan VIETQRGlobal codes and make direct payments at merchants within NAPAS’ network across Vietnam.
HCM City's outstanding credits reach $200bln in Q1
Credit growth mainly focused on economic growth drivers as well as businesses and production sectors.