Credit has grown positively this year, rising 17.87 per cent compared with last year to more than VNĐ18.4 quadrillion (US$697 billion), Phạm Thanh Hà, deputy governor of the State Bank of Vietnam (SBV), said at an event on Monday.
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State bank receives nine applications for gold bar production licences 31/12
Enterprises and banks granted gold bar production licenses will be considered for gold import permits in accordance with regulations.
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Việt Nam tightens rules on gold, foreign currency trading with new penalties 31/12
The Government has issued Decree No. 340/2025/NĐ-CP on administrative penalties in the monetary and banking sector, set to take effect on February 9, 2026.
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Banks continue to increase capital at year end 24/12
Banks are accelerating capital increases via share issues to meet stricter Basel III standards, boost capital adequacy and ease funding pressures amid rising credit demand.
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New policy regulates bond trading abroad of banks in IFC 24/12
Vietnamese commercial banks, which operate in the country’s International Financial Centre (IFC), are not allowed to purchase and sell bonds issued in foreign currency abroad exceeding 7 per cent of their equity.
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Designing Việt Nam's digital asset exchanges for a 24/7 global market 22/12
Digital asset trading in Việt Nam, already widespread among retail users, is poised to be brought within a regulatory framework under a pilot regime set out by Government policy.
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PM orders central bank to report on gold exchange plan by this weekend 19/12
PM Chính has tasked the State Bank of Việt Nam to report on the establishment of a national gold exchange before December 20.
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State Bank adopts proactive policy to stabilise forex market 18/12
As global financial fluctuations have put significant pressure on the monetary market this year, the State Bank of Việt Nam has adopted a flexible and proactive monetary policy to maintain stability. Director of the Monetary Policy Department Phạm Chí Quang spoke about developments in the foreign exchange market and measures...
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US dollar drops sharply on unofficial market 18/12
Since the beginning of December, the dollar on the unofficial market has fallen by more than VNĐ700 per dollar. Compared to its peak of VNĐ28,000 in mid-November, the rate decreased by more than VNĐ900, or 2.5 percentage points.
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SBV plans to simplify business regulations for banks 17/12
Under a draft circular to replace Circular 32/2024/TT-NHNN, now open for public comment, many administrative procedures for establishing and relocating commercial bank branches and transaction offices will be significantly shortened.
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Real estate corporate bond interest rates hit 13.5% 16/12
The pressure to increase bond interest rates is occurring in parallel with the rise in deposit interest rates in the banking system.
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Year-end capital pressure fuels deposit rate race 16/12
A survey of nearly 50 banks as of December 12 shows that six-month deposit rates have risen sharply compared with early in the fourth quarter, with adjustments reaching up to 1.5 percentage points.
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Real estate corporate bond interest rates hit 13.5% 15/12
The pressure to increase bond interest rates is occurring in parallel with the rise in deposit interest rates in the banking system.
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Banks with solid foundations forecast to make big leap in 2026 12/12
Việt Nam’s banking sector is entering a recovery phase with brighter profit prospects, but analysts warn that growth will be uneven and concentrated among lenders with strong balance sheets and disciplined risk management.
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State budget revenue from import–export activities increases 9 per cent in 11 months 11/12
The figure, representing a 9 per cent year-on-year rise, or an increase of VNĐ34.6 trillion, was announced by the Department of Customs on December 9.
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