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Banking Sector Hit by Widespread Layoffs

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In the midst of a robust digital transformation, banks are undergoing significant workforce reductions. Experts suggest that as the year progresses, these cuts will extend across more institutions, not as a sign of decline, but as a strategic preparation for an upcoming growth cycle.

Biometric Verification and In-Person Meetings: Essential Steps for Bank Card Issuance

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"Circular No. 45/2025/TT-NHNN, recently signed by the Governor of the State Bank of Vietnam (SBV), introduces significant amendments and supplements to several provisions of Circular No. 18/2024/TT-NHNN, which governs the operations of new bank cards."

Dual Momentum: SHB’s Capital Raise Strategy and Foreign Investment Attraction Opportunities

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SHB's upcoming capital increase strategy is poised to propel the bank into the top 4 private banks by charter capital, solidifying its competitive edge through enhanced financial strength. Additionally, SHB is anticipated to join the FTSE Russell global equity index basket once Vietnam achieves its upgrade to emerging market status. These dual catalysts collectively fuel SHB's potential for exceptional growth in the foreseeable future.