PM outlines tasks to promote economic growth
One of main tasks is urgently proposing the establishment of a national gold exchange.
$19bln credit program launched in support of power, transport and technology projects
As many as 23 commercial banks have registered to join the program.
Central bank targets cashless payments to reach 30 times GDP by 2030
The banking system processed more than 17.8 billion non-cash payment transactions with a total value of over VND260 quadrillion (nearly $10 trillion) in the first nine months of 2025.
Research needed for phased integration of new tech in stock market
The Vietnam Stock Exchange (VNX) has been tasked with researching and gradually applying new technologies to stock market operations. This implementation is scheduled to take place from 2026 to 2030 and will continue to be maintained thereafter.
Total outstanding credit hits $668 billion
The figure was recorded as of September 29, up 13.37% compared to the end of 2024.
Vietnam’s central bank Governor rated A+ by Global Finance
A+ is the highest grade in Global Finance's 2025 Central Banker Report Cards.
Pushing Digital Frontiers: Vietnam's Banking Sector Spearheads Tech Transformation
The country's lenders are at the vanguard of an ambitious plan to digitise the economy, but significant challenges still lie ahead.
Vietnam Streamlines Banking Regulations, Promotes Shareholder Flexibility
The decision is meant to reduce red tape and simplify business operations for Vietnam's banks and credit institutions.
State Bank of Vietnam Auctions Gold Bar After 11-Year Hiatus
The State Bank of Vietnam's auction sees subdued participation amid volatile global gold prices.
Vietnam's Central Bank Cuts Gold Auction Price Amid Cancelled Sale
The State Bank of Vietnam has made south going moves in its gold auction strategy to gain more traction with buyers.
Vietnam Central Bank to Auction $664,000 Worth of Gold Amid Market Demand
The State Bank of Vietnam will auction 16,800 taels (approximately $664,000 USD) of SJC gold bars, with a reference price of $3,233 USD per tael.
The State Bank of Vietnam Actively Pursues Measures to Restore Saigon Commercial Joint Stock Bank Operations
Deputy Governor Dao Minh Tu discusses State Bank's efforts to stabilize SCB and maintain financial system integrity at first-quarter press conference.
Vietnam Central Bank Intervenes to Stabilize Dong Amid Exchange Rate Surge
The State Bank of Vietnam has begun selling US dollars to curb a rapidly appreciating exchange rate, offering relief to banks with negative foreign currency positions.
SHB to increase charter capital to VND36.64 trillion ($1.56bln)
Central bank gives approval for increase from VND30.67 trillion ($1.3 billion) to VND36.64 trillion ($1.56 billion).
Yuanta: Bank stocks still very attractive
Before the State Bank of Vietnam decided to increase the operating interest rate from October 25, Yuanta said the increase would negatively affect the valuation of stocks. However, bank stock valuations remain very attractive.
SBV strengthening management of foreign borrowing
Circular No. 12/2022/TT-NHNN from the State Bank of Vietnam (SBV) on foreign exchange management in foreign borrowing and repayments by enterprises will take effect from November 15. Enterprises must publish monthly online reports on their website on foreign loans and repayments that are not guaranteed by the government.
SBV offers more support to system liquidity
The State Bank of Vietnam (SBV) has recently injected more than VND18.6 trillion ($779.22 million) into the market through open market operations (OMO) to support system liquidity, especially during the trading session on October 10.
Target set of 10 million Mobile Money users by 2023
At the launch of a money transfer service between Mobile Money and bank accounts on October 6, Deputy Governor of the State Bank of Vietnam Pham Tien Dung said that after eleven months of pilot implementation, as of the end of August there were about 2.2 million Mobile Money users in the country, of which 68 per cent were in rural or remote areas. He said a goal has been set of 10 million people using Mobile Money by 2023.
SBV must intervene when necessary to stabilize foreign currency market
Under a recently-issued government Resolution, the State Bank of Vietnam needs to implement prudent and firm monetary policy, ensuring the flexibility to control inflation and stabilize the macroeconomy. In particular, it should be ready to sell foreign currencies when necessary to intervene and stabilize the market.
KBSV: SBV can loosen credit limit again
KB Securities Vietnam (KBSV) has said that if banks use up the new credit limit, then credit in the industry as a whole will increase about 13.2 per cent compared to the beginning of the year. Therefore, the State Bank of Vietnam (SBV) can loosen the limit again, from 0.5-1.2 per cent, to achieve the annual target of 14 per cent.