On February 25, the SBV held a meeting with credit institutions to address strategies for stabilising deposit interest rates. As a result, banks such as Eximbank, BVBank, KienlongBank, the Maritime Bank of Vietnam (MSB) and VietBank have announced new deposit interest rate schedules, with the highest reduction reaching up to 0.7% per year.

The majority of credit institutions forecast their business performance in the first quarter and the whole year of 2025 will be more positive than that last year, the latest survey of the State Bank of Vietnam (SBV) shows.

Credit growth across Vietnam's banking system is projected to reach about 16% in 2025, according to the State Bank of Vietnam (SBV).

2024 is a challenging year globally, with the world economy facing unpredictable shifts, but Vietnam's banking system has successfully navigated these challenges, achieving significant milestones, said State Bank of Vietnam (SBV) Governor Nguyen Thi Hong.

The banking system's credit growth had risen by 11.12% as of November 22 compared to the end of 2023, hence the 15% growth target for the whole year is reachable, according to the State Bank of Vietnam (SBV).

While private joint stock commercial banks have increased capital significantly so far this year, the capital for State-owned commercial banks has remained stagnant.

Building a smart city with a smart payment system playing a key role has helped Hanoi gradually transform and make breakthroughs in the process of development, said Ha Minh Hai, Vice Chairman of the municipal People's Committee.

The State Bank of Vietnam (SBV) on September 17 reduced the interest rate on the open market operation (OMO) channel from 4.25% to 4% per year.

The recent amendment of the plan on green banking development in Vietnam is expected to create conditions for credit institutions to effectively promote green credit.

The State Bank of Vietnam (SBV) has relaxed monetary measures in the context of sharp declines in the foreign exchange rate in recent days.

The State Bank of Vietnam (SBV) has finalised a draft circular on safety and security in providing online services in the banking industry.

Credit within the banking system to the end of May 2024 increased by only 2.41% against the end of 2023, far from the credit growth target, the Government reported.

The State Bank of Vietnam (SBV) this year removed the credit growth quota for foreign banks, but the policy remains for Vietnamese banks, due to concerns about rising bad debts, the security of the banking system and macroeconomic instability.

Many banks are planning to sell shares to foreign investors with the aim of attracting more diverse capital and enhancing competitiveness.

A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).

Prime Minister Pham Minh Chinh on April 3 demanded ministries, sectors, and localities resolutely not surrender to difficulties but keep persistence in the set targets.

Vietnam’s Q1 growth was at the highest level since 2020 despite global economic turmoil, reported The Business Times of Singapore.

The State Bank of Vietnam (SBV) has issued Decision No. 538/QD-NHNN approving the group of credit institutions and foreign bank branches which play an important role in the country's banking system in 2024.

The State Bank of Vietnam (SBV) on February 20 net injected more than 5 trillion VND (nearly 204 million USD) into the banking system through the open market operation (OMO) channel to support capital for commercial banks.

Outstanding credit of the banking system is forecast to increase 4.4% in the first quarter and 14.2% in 2024, up 0.4 percentage point from the previous prediction of 13.8%.