FINANCIAL AND BANKING NEWS

Banks with solid foundations forecast to make big leap in 2026

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

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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Association proposes loosening controls on gold jewellery

In a document sent to the National Assembly, the Việt Nam Gold Traders Association said that gold jewellery should be treated as a normal commercial product, calling for a phased roadmap to ensure transparency and avoid market disruptions. ...

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Finance ministry proposes regulations for small business e-invoicing

Under the proposal, household and individual businesses with annual revenue of VNĐ1 billion or more would be required to use e-invoices with a tax authority code or invoices generated from cash registers connected to the tax authority’s database, in line with Decree 70. ...

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No credit expansion made yet though banks used up all allocated room

Without a further credit increase from the SBV, credit supply has become limited in the fourth quarter as credit strongly surged by nearly 14 per cent in the first nine months of this year while allocated credit room of many banks was used up. ...

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New momentum for corporate bond market

There is a pressing need for a legal structure that allows companies to optimise their capital flow from bond issuance while simultaneously protecting the rights of bondholders. ...

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Việt Nam adopts mandatory biometric authentication for new bank cards

The circular mandates that card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of institutional customers with their identity documents. ...

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Banks see improving bad debt levels amid steady recovery

Bad debts of the banking system have been continually improved, with the growth rate staying low at around 2 per cent after hitting more than 15 per cent in the first quarter of 2025 in the wake of an expiry of a Government’s debt restructuring policy. ...

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