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Proposed New Regulations to Tighten Control Over Banking Apps
The State Bank of Vietnam is currently seeking public input on a draft Circular amending and supplementing certain provisions of Circular 50/2024/TT-NHNN, which governs safety and security standards for online services in the banking sector. This latest draft focuses on expanding the scope of regulation, incorporating international technical requirements, and enhancing protections for both individual and corporate customers in electronic transactions.
Stock Market Upgrade Positively Impacts Banking Operations
From a capital mobilization perspective, Vietnam's stock market upgrade and its alignment with international standards and practices will significantly boost financial market development. This progression will, in turn, positively impact banking operations.
VIB Surpasses VND 7.04 Trillion in Pre-Tax Profit After 9 Months, Up 7% Year-on-Year,...
International Bank (VIB) has announced its business results for the first nine months of 2025, reporting pre-tax profits exceeding 7.04 trillion VND, a 7% increase compared to the same period in 2024. Credit growth and mobilization rose by 15% and 11%, respectively. Asset quality continues to improve, with safety management maintained at optimal levels.
