#State Bank of Vietnam

The State Bank of Vietnam set the daily reference exchange rate at 25,624 VND/USD on October1, down 3 VND from the previous day.

The company will buy non-performing loans from credit institutions and foreign bank branches, recover and dispose of debts and collateral, restructure loans and support lenders in resolving bad debts.

The opening-hour buying and selling rates at major commercial banks also saw decreases.

Deputy PM Nguyen Van Thang emphasised that each product at the VIFC must have a clear legal basis, an implementing agency, an operating and supervisory mechanism, and implementation timeline, with priority given to products that can generate actual transactions.

The annual event, which will be held on August 18-19, 2026, at the ICE International Exhibition Centre, 91 Tran Hung Dao Street, Hanoi, is expected to attract around 324 delegates and feature 21 booths representing credit institutions, payment intermediary service providers, and technology companies.

Household deposits at banks reached a new high of 10.8 quadrillion VND (414 billion USD) at the end of May, up more than 108 trillion VND from April and increasing by 4.76% from the beginning of the year, equivalent to nearly 492 trillion VND.

According to the proposal, the SBV law amendments would codify existing foreign exchange rules by incorporating Article 22 of the Foreign Exchange Ordinance into law. The draft also revises the central bank’s special financial mechanism, shifting authority over its financial management regulations from the Prime Minister to the Government.

The Ministry of Public Security (MPS) and the State Bank of Vietnam (SBV) held a conference to sign and launch the implementation plan for a joint coordination regulation on online fraud prevention and control, on June 23 in Hanoi.

The State Bank of Vietnam (SBV) has moved to tighten oversight of artificial intelligence (AI) in the banking sector, requiring lenders and e-wallet providers to notify customers in advance when AI systems are used to interact directly with them.

The Ministry of Public Security (MPS) and the State Bank of Vietnam (SBV) organized a ceremony to sign a coordination regulation between the two agencies in protecting security and safety for the banking sector as well as monetary and banking security, on November 26th, in Hanoi.

The State Bank of Vietnam (SBV) will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, SBV Deputy Governor Pham Thanh Ha told the press on April 12.

The Ministry of Public Security and the State Bank of Vietnam signed a coordination plan to implement the Project "Enhancing the application of population, identification and authentication data for national digital transformation in the period of 2022-2025, with a vision to 2030” (Project 06), on the afternoon of April 24, in Hanoi. 

Credit has been provided for production and business activities and the priority fields while loans for high-risk areas have been further tightened so far this year, the State Bank of Vietnam (SBV) reported.

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.

The State Bank of Vietnam (SBV) said the official interest rates will be adjusted down as from September 16.