VET Exclusive
Clear signs of recovery from four weak banks
Four struggling banks taken under the wing of larger commercial banks are now in much better shape.
Banking & Finance
Total outstanding loans for social housing reach approximately $1.56 billion
Following Government directives, the Central Bank has prioritized credit flows into this sector while coordinating with the Ministry of Construction and relevant agencies to refine policies and remove bottlenecks in project implementation.
Vietnam Today
Vietnam targets 95% of population aged 15 and above to have bank accounts
The target is set in the draft National Financial Inclusion Strategy for the 2026-2030 period.
Over $2.3bln mobilized through G-bonds in 2M
In February alone, the State Treasury raised nearly VND34.5 trillion ($1.3 billion) through 12 government bond auctions.
Since VND chosen as an accounting currency
A new Circular addresses accounting questions arising from business operations involving both the VND and foreign currencies.
Fuel import tariffs reduced to 0% amids Middle East tensions
The preferential import tax for unleaded petrol is slashed from 10% to zero from March 9 to April 30.
Finance ministry proposes 0% import tariff on fuel to stabilise supply
The move is part of measures to stabilise domestic supply and safeguard national energy security amid growing global uncertainties.
Thirteen Vietnamese banks listed among the world’s 500 most valuable banking brands
These banks are Vietcombank, VietinBank, MB Bank, BIDV, Techcombank, Agribank, VPBank, ACB, HDBank, Sacombank, VIB, TPBank and SHB.
AI deployed in banking sector
Banks have begun to deploy AI in their business operations but must look at issues surrounding data for the path to be smooth.