The government has approved a project that will require banks have a capital adequacy ratio of at least 10-11 percent by 2023 and 11-12 percent by 2025.
June 22, 2022The SBV had asked banks to direct credit away from risky areas such as real estate and towards productive industries.
April 22, 2022The SBV has warned of fraud incidents involving e-wallets and asks banks to monitor the use of data by fintechs until the new regulatory framework is in place.
April 17, 2022Internal control systems at credit institutions and foreign bank branches in Vietnam will be subject to independent auditing, according to a new circular.
April 13, 2022Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister's office.
April 1, 2022Vietnam's prime minister has asked government ministries and the central bank to develop a legal and regulatory framework for virtual assets and electronic money.
March 31, 2022The SBV and BOL will cooperate on the sharing of information, cross-border banking supervision, on-site examinations, and crisis management.
January 19, 2022The SBV has approved proposals for several state-owned and private banks to increase their charter capital.
November 19, 2021The law is needed to replace 'Resolution 42', which enabled the transparent sale of bad debts and collateral, but is due to expire next year.
October 12, 2021The central bank will coordinating with government departments and agencies to develop a decree to enable the sandbox.
September 21, 2021