The country's lenders are at the vanguard of an ambitious plan to digitise the economy, but significant challenges still lie ahead.

The decision is meant to reduce red tape and simplify business operations for Vietnam's banks and credit institutions.

The State Bank of Vietnam's auction sees subdued participation amid volatile global gold prices.

The State Bank of Vietnam has made south going moves in its gold auction strategy to gain more traction with buyers.

The State Bank of Vietnam will auction 16,800 taels (approximately $664,000 USD) of SJC gold bars, with a reference price of $3,233 USD per tael.

Deputy Governor Dao Minh Tu discusses State Bank's efforts to stabilize SCB and maintain financial system integrity at first-quarter press conference.

The State Bank of Vietnam has begun selling US dollars to curb a rapidly appreciating exchange rate, offering relief to banks with negative foreign currency positions.

Central bank gives approval for increase from VND30.67 trillion ($1.3 billion) to VND36.64 trillion ($1.56 billion).

Before the State Bank of Vietnam decided to increase the operating interest rate from October 25, Yuanta said the increase would negatively affect the valuation of stocks. However, bank stock valuations remain very attractive.

Circular No. 12/2022/TT-NHNN from the State Bank of Vietnam (SBV) on foreign exchange management in foreign borrowing and repayments by enterprises will take effect from November 15. Enterprises must publish monthly online reports on their website on foreign loans and repayments that are not guaranteed by the government.