Banking Policies

The Prime Minister provided guidance on several “pressing” issues in education and training; directed proactive measures to respond to heavy rains and floods and ensure the safety of citizens’ lives and property; and called for intensifying intellectual property efforts to support socioeconomic development; ... these are the highlights of the Government’s and the Prime Minister’s directives and administrative actions for the week of September 18–25, 2026.

The Government issued Resolution No. 280/NQ-CP on September 22, 2026, promulgating the Government’s Action Plan to implement Resolution No. 10-NQ/TW dated June 8, 2026, of the Politburo on the development of the foreign-invested economy.

Strengthening safety and quality assurance for school-day meals in educational institutions; standards for certification of compliance with compulsory education requirements... are among the key policy directives and administrative measures issued by the Government and the Prime Minister during the week of September 12–18, 2026.

In the case of economic and financial transactions conducted in foreign currency in accordance with foreign exchange laws, the unit price, total amount, total value-added tax, and total payment amount shall be recorded in foreign currency; the currency unit shall be the name of the foreign currency.

Businesses, research institutes, higher education institutions, science and technology organizations, and individuals may submit proposals for strategic research and technology development projects to the Ministry of Science and Technology by September 30.

The current Law on Support for Small and Medium-Sized Enterprises primarily sets out the principles of support but has not yet established a substantive risk-sharing mechanism between the government and financial institutions. As a result, small and medium-sized enterprises must still fully meet the loan eligibility requirements under credit laws, even though many of these enterprises have limited financial capacity and collateral.

The government has just issued Decree No. 358/2026/NĐ-CP dated September 15, 2026, stipulating the operational and financial management mechanisms of the Vietnam Debt Trading Single-Member Limited Liability Company (DATC).

The Ministry of Finance is drafting the State Budget Law (consolidated version).

On September 12, 2026, in Hanoi, the State Bank of Vietnam (SBV) and the Hanoi City People’s Committee (HCPCC) co-hosted a conference on solutions to mobilize financial and banking resources to support the capital city’s economic growth for the 2026–2030 period. Comrade Pham Duc An—Member of the Party Central Committee, Secretary of the Party Committee, and Governor of the State Bank of Vietnam; Comrade Vu Dai Thang—Member of the Party Central Committee, Deputy Secretary of the Hanoi City Party Committee, and Chairman of the Hanoi People’s Committee; Comrade Nguyen Ngoc Canh – Deputy Governor of the State Bank of Vietnam; Comrade Nguyen Xuan Luu

Several new regulations on contractor selection taking effect on September 9, 2026; an increase in the level of support for agricultural insurance premiums... are among the notable policy directives and administrative measures issued by the Government and the Prime Minister during the week of September 5–11, 2026.

The State Bank of Vietnam (SBV) is seeking public comment on a draft circular regulating the receipt, safekeeping, and transportation of cash, valuable assets, and negotiable instruments, which is expected to replace Circular 01/2014/TT-NHNN and its amendments and supplements. Several notable provisions directly related to the operations of credit institutions include increased autonomy in cash safekeeping, more flexible timeframes for cash counting, and additional requirements for security equipment at teller counters.

On the morning of September 10, 2026, a press conference was held at the Office of the President to announce the President’s Decree regarding 15 laws that had been passed by the 16th National Assembly of the Socialist Republic of Vietnam, First Extraordinary Session, of the National Assembly of the Socialist Republic of Vietnam, including the Law Amending and Supplementing Certain Provisions of the Law on the State Bank of Vietnam, the Law on the Prevention and Combating of Money Laundering, and the Law on Credit Institutions.

The reduction of approximately 75 percent of administrative procedures in the field of fire prevention and firefighting (FPF), the shift from pre-inspection to post-inspection, and the increased accountability of businesses are paving the way for a new direction in reform. However, the overarching requirement is to reduce compliance costs without lowering safety standards.

The Government issued Decree No. 342/2026/NĐ-CP, which provides detailed regulations on the Law on Commerce and the Law on Foreign Trade Management regarding the purchase and sale of goods and activities directly related to the purchase and sale of goods by foreign investors, economic organizations with foreign investment in Vietnam.

Decree No. 339/2026/NĐ-CP provides detailed regulations on the penalties for violations by project investors regarding the management and use of condominiums and maintenance funds.

The State Bank of Vietnam (SBV) is drafting a circular stipulating the conditions, documentation, and procedures for requesting approval of maximum credit limits exceeding the established limits for large, important projects in the capital. According to the draft, the maximum proposed credit limit for a single customer shall not exceed 38% of the bank’s equity capital; for a single customer and related parties, it shall not exceed 52% of the bank’s equity capital.

The Government Office issued Document No. 8941/VPCP-CN dated August 30, 2026, to the Ministry of Construction, conveying the guidance of Deputy Prime Minister Pham Gia Tuc regarding the submission of a mechanism and policies to be applied uniformly to expressways for the 2026–2030 period.

The Customs sector continues to move into a new phase of development with the goal of building a digital and smart customs system. In this context, data has become a crucial “link” in enhancing compliance and managing risk, rather than increasing pre-clearance requirements and procedures.

The State Bank of Vietnam (SBV) has just issued Circular No. 39/2026/TT-NHNN, amending and supplementing certain provisions of Circular No. 16/2014/TT-NHNN, which provides guidelines on the use of foreign currency accounts and Vietnamese dong accounts held by residents and non-residents at authorized banks. The circular takes effect on September 19, 2026.

The government has just issued Resolution No. 258/NQ-CP dated August 31, 2026, on key tasks and measures to accelerate administrative procedure reform, thereby contributing to driving double-digit growth during the 2026–2030 period.

Strengthening security and public order during the September 2 National Day holiday; the National Strategy on Artificial Intelligence;... are among the notable policy directives and administrative decisions issued by the Government and the Prime Minister during the week of August 23–28, 2026.

State Bank of Vietnam (State Bank) issued Circular No. 42/2026/TT-State Bank, amending and supplementing certain provisions of Circular No. 03/2020/TT-State Bank regarding the destruction of currency by the State Bank. The new circular revises several provisions related to planning, delivery, storage, counting, cutting and destruction, inventory, monitoring, and reporting during the currency destruction process.

On August 26, at the Conference on Understanding and Implementing the Urban Development Law, the Chairman of the Ho Chi Minh City People’s Committee launched a 30-day campaign to complete the drafting of documents for the law’s implementation, with the determination to ensure that the entire system of guiding documents takes effect alongside the Urban Development Law on October 1, 2026.