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Peer-to-Peer Lending: Navigating the Risks
The government has recently introduced a new decree, 94/2025/ND-CP, which outlines a controlled experimentation framework for the banking sector, coming into force on July 1st, 2025. Peer-to-peer lending, or P2P lending, is one of the key areas that will undergo this innovative regulatory sandbox approach.
“VietABank Forges Strategic Alliance with E.SUN Bank (Taiwan)”
"Hanoi, May 22, 2025 - Vietnam Asia Commercial Joint Stock Bank (VietABank) and E.SUN Commercial Bank (E.SUN Bank) have formalized their strategic partnership and capital funding collaboration with a signing ceremony. This significant milestone underscores the strengthening relationship between these two prominent financial institutions."
“USD Exchange Rate Surge: Commercial Banks Witness Continued Rise on May 21st”
As of 8:30 a.m. on May 21st, Vietcombank and BIDV posted a USD exchange rate of 23.780-23,140 VND/USD (buy-sell), a rise of 20 VND from yesterday's rates across the board.
