The inclusion of the SBV has increased the Regional Payment Connectivity group from five to six ASEAN central banks.
August 28, 2023The circular specifies the obligations of reporting entities, including obligations to report high-value and suspicious transactions.
August 1, 2023A higher foreign ownership limit of 49 percent is being considered for banks that participate in restructuring weak credit institutions.
February 13, 2023The link will enable customers, tourists and merchants make and receive payments with convenience, speed, security, transparency and at low cost, the BOT and SBV said.
November 21, 2022Ian Herbison and Saskia Kendall discuss three dynamics shaping the APAC FinTech industry and the need for partnership between the public and private sectors.
November 9, 2022Four state-owned banks have been asked to help manage Saigon Commercial Bank after it experienced a bank run.
October 20, 2022Vietcombank and Agribank were among those granted higher credit growth rate quotas, amid growing calls for the mechanism to be scrapped altogether.
September 17, 2022The MOF also aspires to have two to three Vietnamese commercial banks classified as among the top 100 strongest banks in Asia by 2025.
August 26, 2022Several banks have already exhausted their quotas and are no longer accepting new loan applications. The SBV has so far refrained from granting additional quotas.
August 15, 2022The 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, 2022