State Bank of Vietnam

Banks to stop issuing magnetic strip cards in three months

20:38 | 02/01/2021

Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Vietnam (SBV) draft circular.

Appointment decision presented to new governor of central bank 1

09:40 | 17/11/2020

Prime Minister Nguyen Xuan Phuc on November 16 presented the State President’s decision to appoint Nguyen Thi Hong as the Governor of the State Bank ...

Increasing economic capacity for healthier credit

08:55 | 06/11/2020

Vietnam’s capital market stands at an oversupply even as deposit interest rates remains very low, with output interest rates decreasing sharply compared to previous years. ...

Monetary policies narrow after rate dip

08:54 | 06/11/2020

As interest rates have fallen dramatically during the first 10 months of the year, the State Bank of Vietnam’s leeway for monetary policy has been ...

Banks cut interest rates from October

09:55 | 10/10/2020

Many banks have cut deposit interest rates after the State Bank of Vietnam (SBV) lowered the ceiling levels of interest rates from October 1.

Data sharing and security top concern for banks: experts

09:21 | 05/10/2020

Big data is a vital issue for banks in the digital transformation process, with data sharing and security top concerns, experts have said.

Local lenders prepare for pandemic shock

09:00 | 30/09/2020

Public health challenges have thrown Vietnam’s banking system into gyrations, pushing lenders to become more risk averse and brace for a wave of defaults, amidst ...