Latest banking news and analysis.
Vietnam's banking sector faces a challenging second half with narrowing interest margins and tight liquidity. Stronger state-controlled lenders are poised to outperform private rivals.
Vietnam's banking sector saw a clear divide on lending rates in May, with 14 lenders raising costs while six cut them, according to central bank data.
Vietnamese police have broken up a transnational money laundering ring with over $38 million in transactions. The operation, led by Taiwanese nationals, serviced online gambling portals.
A Bangladesh court has sentenced Singaporean billionaire Saiful Alam Masud to five months in jail over a US$6.9 million loan. His lawyers call the ruling invalid.
Singapore's UOB has begun construction on a $450 million headquarters in Ho Chi Minh City. The project underscores the bank's long-term commitment to Vietnam.
Techcombank and its affiliate Techcom Life have received three awards from The Asian Banker for their AI and digital insurance platforms. The honors recognize the group's tech-driven strategy.
UOB has broken ground on a new $450 million headquarters in Ho Chi Minh City. The move makes it the first foreign bank to build its own tower in the city's new financial centre.
Techcombank has won a top regional award for its AI-driven software development platform. Its subsidiary, Techcom Life, also secured two national awards for its insurance products and technology.
Vietnam and Singapore have launched a cross-border QR payment service, allowing Singaporean visitors to pay seamlessly in Vietnam using their existing mobile apps.
SSI, VietinBank, and Visa have launched ProfitX, Vietnam's first co-branded card from a securities firm and a bank. The virtual debit card integrates investment and spending.
Home Credit Vietnam has won a Silver award at the CX Asia Excellence Awards 2026 for its use of data to enhance customer experience and lending decisions.
Nam A Bank has joined the Asian Development Bank's trade finance program, securing a $50 million package. The deal aims to enhance support for Vietnamese SMEs.