The State Bank of Vietnam has ordered regional branches to meet with commercial banks to enforce interest rate cuts, warning against rate hikes that undermine policy. Some banks have raised deposit rates by 0.1-0.2% recently.
The State Bank of Vietnam has ordered regional directors to meet with commercial bank branches to enforce the governor's directive to lower interest rates, and to inspect compliance. Some banks have been raising deposit rates, prompting this second crackdown in a month.
The State Bank of Vietnam intensifies inspections of commercial banks' interest rate reductions amid rising deposit rates, signaling determination to control lending rates and support economic growth, while facing global inflationary pressures and a strong USD.
The State Bank of Vietnam has issued a directive requiring regional branches to inspect commercial banks that are raising deposit rates, amid a widening gap between credit growth (18.3%) and deposit growth (14.9%), putting pressure on liquidity and potentially raising lending rates.
Vietnam's E-commerce and Digital Economy Department has requested e-commerce platforms to review their fee policies for transparency and reasonableness, following recent fee increases by Shopee, TikTok Shop, and Lazada that pressure small sellers.
Vietnam's Government issued Decree 85/2026 on supplementary pension insurance, expanding the voluntary pension fund market. Total net asset value of 7 funds managed by 4 firms reached nearly 2,210 billion VND (88.4 million USD) by end of 2025, up 53% from 2024.
The Ministry of Finance proposes mandatory biometric authentication for securities account withdrawals and transfers of 10 million VND or more, and facial biometric authentication for online securities trading at least once per login session.
MBS completed a public offering of 333.64 million shares, raising VND 3,336.5 billion and increasing charter capital to over VND 10,000 billion. The funds will be used for proprietary trading and margin lending.
Vietnam's tax authority has abolished monthly personal income tax declarations for salary and wage income, switching to quarterly declarations starting from the April 2026 tax period, reducing administrative burden for businesses and taxpayers.
The State Bank of Vietnam issued Circulars 50 and 77 requiring business household accounts to use biometric verification via chip-embedded ID cards or VNeID for withdrawals and transfers, aiming to reduce fraud. The article also highlights digital payment growth and cross-border QR payment expansion.
The Ministry of Finance clarifies that the personal income tax on gold bar transfers will only be implemented after the State Bank establishes a gold exchange platform, so no detailed tax regulations are included in the current draft decree.
The Ministry of Finance proposes that personal income tax on real estate transfers be based on the contract price, but if the declared price is lower than the government land price table, the state's price framework will be applied.
Dien May Xanh (DMX) officially receives approval for its IPO, offering over 179.5 million shares at 80,000 VND/share, aiming to raise about 14,360 billion VND. The company reported strong Q1 2026 results with revenue and profit growth of 30% and 49% respectively, and plans a 40% cash dividend for 2026.
Dien May Xanh (DMX) received approval from the State Securities Commission for its IPO of over 179.5 million shares at 80,000 VND each, aiming to raise about 14,360 billion VND, the largest IPO in 5 years. The company also announced a 40% cash dividend for 2026, implying a 5% yield at the IPO price.
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Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.