New banking-related policies taking effect from November 2026

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• State Bank of Vietnam asks banks to monitor and reassess collateral values in line with market prices

  The State Bank of Vietnam (SBV) has asked credit institutions to value collateral closer to market prices, regularly reassess it, and closely monitor its condition throughout loan terms, taking timely action if values fall. Under document No. 9608/NHNN-CSTT dated 18/10/2026, outright purchases of letter-of-credit documents without recourse must be risk-controlled like other lending and count against the SBV-set maximum 2026 credit balance. Banks must also tighten loan classification and provisioning, avoid concealing bad debt, and pay special attention to banks with high or rising bad debt. Other directives include controlling accrued interest receivable and dividend payouts, and reducing reliance on net interest income.

  CafeF·18/10, 10:05• VNINDEXState Bank of Vietnambankscredit
• Higher Small-Value Loan Caps Expand Consumer Credit Access

  Under State Bank of Vietnam Circular No. 29/2026/TT-NHNN, effective 15 August 2026, the cap on small-value loans is 400 million VND at credit institutions and 200 million VND at people's credit funds. The article stresses that a higher cap does not mean every borrower can borrow the maximum or is exempt from appraisal, as lenders must still assess eligibility, borrower information and repayment ability. As of end-August 2026, outstanding loans for living needs and credit cards across the system reached about 4.62 million billion VND, while finance companies held nearly 185,000 billion VND in these two categories, up 13.37% year on year. Đào Minh Tú, Vice Chairman and Secretary General of the Vietnam Banking Association, said wider access should be matched with transparency on interest rates, fees and total repayment obligations, and with borrowers identifying licensed lenders to avoid unlicensed apps.

  CafeF·01/11, 00:40▲ VNINDEXcreditbanksState Bank of Vietnam
• Governor Discusses Interest Rates, Real Estate Credit and Capital for Businesses

  State Bank of Vietnam Governor Phạm Đức Ấn said real estate credit grew 9.84%, below overall credit growth of about 12.27%. Deposit rates rose 1.42% while lending rates rose 0.99%, narrowing the gap between them. Short-term deposits make up about 80% of total deposits, but because people frequently roll them over, this funding is relatively stable. Small and medium-sized enterprises still struggle to access bank loans due to small capital, weak resilience and opaque financial information, so the Governor stressed that firms should not keep two different balance sheets for tax and borrowing. The SBV will encourage banks to support firms, including debt restructuring under current regulations.

  CafeF·31/10, 07:32▲ VNINDEXState Bank of Vietnaminterest ratescredit
• Governor: People deposit a lot of money because they trust the banking system

  Governor Phạm Đức Ấn explained that credit still carries most of the economy's capital needs because Vietnamese people keep depositing savings, reflecting trust in the banking system, and he expects this balance to shift as capital markets become more attractive. Although short-term deposits make up 80% of total deposits, people roll them over continuously, so deposits function as stable, long-term funding. As of end-August, household deposits reached over 11.43 million billion VND, up nearly 1.1 million billion VND (10.6%) since the start of the year; over the latest five months, net deposit inflows averaged 175,000 billion VND a month, nearly 2.4 times the average of the five months before. After nine months, credit grew 12.27%, deposit rates rose 1.42% while lending rates rose only 0.99%, and real estate lending grew 9.84%. He also urged SMEs to operate more transparently and not keep two balance sheets, so banks can assess their financial health when lending.

  VnExpress·31/10, 05:30▲ ACB▲ BID▲ CTG▲ EIBbanksinterest ratescredit
• A Small Bank Draws in More Deposits Than Big Banks in 9 Months

  According to its Q3 financial report, total customer deposits at National Citizen Bank (NCB) rose from nearly 128,000 billion VND at the start of the year to over 185,000 billion VND at the end of September, an increase of 65,000 billion VND, higher than the gains at Techcombank, ACB and many other private banks. Outstanding loans grew 55% from the start of the year to 150,660 billion VND, among the fastest growth rates in the system, with contributions from priority projects on the State Bank's list. For the first nine months, pre-tax profit exceeded 1,570 billion VND, up 140%; in Q3 alone, profit was nearly 850 billion VND, about 4.4 times the same period last year. The non-performing loan ratio fell sharply from 8.6% to nearly 4.9% of outstanding loans. The bank also recently raised its charter capital to nearly 29,300 billion VND and is financing major infrastructure projects in Hanoi, Phú Quốc and Ho Chi Minh City.

  VnExpress·29/10, 07:32• BID• CTG• VCBbankscreditnon-performing loans
• Is the deposit rate cut just a 'pie in the sky'?

  About 26 banks have announced cuts to their listed deposit rates since 18/10, yet a Tien Phong survey on 26/10 found that customers with large deposits were still offered rates well above the listed levels, which are commonly 5-6%/year. One state-owned bank advised 8%/year for a 6-month term while its counter table showed 3%/year, and another bank's app displayed 9.0%/year for 6 months against a listed 5.7%/year. On 21/10/2026, the State Bank of Vietnam asked banks to make genuine cuts to deposit and lending rates, with the average rate on new deposits of 6 months or longer to fall by at least 0.5%/year in the final months of the year. Rong Viet Securities (VDSC) expects deposit rates to fall quickly in the short term but finds deep cuts hard in 2027, since the gap between deposits and credit remains large, although it has narrowed from about 2.8 million billion VND to about 2.35 million billion VND.

  CafeF·27/10, 00:23• VNINDEXinterest ratesbankssavings accounts

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• AI investors rush to hedge against potential tech market downturn - WSJ

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• 30% Tax Cut: Over 81% of Enterprises and 99.98% of Household Businesses Benefit

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  CafeF·01/11, 03:00▲ VNINDEXtaxesbudgetbusinesses
• KOS Extends Floor-Price Streak to 29 Sessions, but Not a Record: This Is the Name With the Most Dramatic Floor-Price Losing Streak in Vietnam's Stock Market History

  Shares of Kosy JSC (KOS) have hit the floor price for 29 consecutive sessions, falling nearly 90% in about six weeks and wiping out thousands of billions of VND in market capitalization. The slide came as securities firms repeatedly force-sold shares held by several executives and organizations linked to Kosy. KOS has not broken the record of 34 consecutive floor-price sessions set by CDO in 2016–2017, though FTM (30 sessions, 2019) and ATG (29 sessions, 2016–2017) also had long streaks. The article notes that when margin-selling pressure hits thinly traded stocks, investors may find it very hard to exit their positions, even after steep price declines.

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  Yahoo Finance·01/11, 02:35Bloom Energyearningsvaluation