Banking & Finance
Total outstanding credit reaches $764bln in 6M
77% of total outstanding loans were directed toward production and business activities.
Vietnam Today
Vietnam PM urges JBIC to expand financial support for strategic projects
Prime Minister Le Minh Hung also called for JBIC’s support in enhancing Vietnam’s economic autonomy and resilience by promoting Japanese investment in strategic sectors such as semiconductors, artificial intelligence, batteries, new materials, critical minerals, and high-tech industries.
Banking & Finance
Vietnam, Singapore launch cross-border QR payment service
The new service links the payment infrastructures of Vietnam's National Payment Corporation (NAPAS) and Singapore-based Liquid Group.
The big move: UOB’s $450 million investment secures first foreign bank foothold at VIFC- HCMC
The groundbreaking of UOB Plaza Ho Chi Minh City marks a significant milestone as UOB becomes the first foreign bank to establish a purpose-built headquarters within the Vietnam International Financial Centre (VIFC-HCMC), underscoring its long-term ambition in Vietnam’s evolving financial landscape.
For better development of the International Financial Center in Vietnam
Vietnam needs to make comprehensive and well-coordinated preparations in order to successfully develop its International Financial Center and secure a competitive position on the regional financial map.
Tax incentives on petroleum products extended
The policy, taking effect from July 1 through September 30, 2026, aiming to support fuel supplies and ease cost pressures on businesses and consumers.
Da Nang to host Vietnam Financial Forum 2026
The event bringing together policymakers, global financial institutions and fintech innovators to discuss the future of Vietnam's financial ecosystem.
Ho Chi Minh City banks disburse $10.3 billion in H1 loans
The financing has enabled businesses to expand production and commercial activities.
Techcombank and Techcom Life secure three major international awards from The Asian Banker 2026
Techcombank received The Asian Banker's top regional AI implementation award, while Techcom Life earned two national honors recognizing its flagship life insurance product and AI-powered digital sales platform.