Digital banking
Vietnam Lists First 15 Crypto AML Red Flags as VASPs Enter Compliance Perimeter
Vietnam's draft AML amendment, tabled July 14 by SBV Governor Phạm Đức Ấn, introduces a statutory list of 15 crypto red-flag indicators — six of which are now public — and brings VASPs into the compliance perimeter for the first time.
Vietnam's Retail Banking Is 95% Digital. Its VIFC Institutional Stack Is Not.
The SBV's journal maps five gaps blocking international investor digital banking at the VIFC — eKYC, open API, multi-currency products, AML risk, and talent.
SBV Moves Payment Licence Admin to Regional Branches
Circular 22/2026, effective May 19, moves payment licence amendments and lost-licence reissuance from SBV Hanoi to regional branches — reducing administrative overhead for HCMC-based operators.
SBV–RBI MoU Opens India Corridor for the VIFC
The SBV–RBI MoU signed 5 May 2026 targets QR code retail payment linkages — not full UPI interoperability — but opens a corridor unlike any other the VIFC has.
Vietnam Scraps Bank Data-Sharing Rule After MoF–SBV Standoff
Vietnam's MoF dropped mandatory bank-taxpayer data sharing after SBV cited banking secrecy law, data architecture gaps, and technical infeasibility at scale.
Da Nang Pilot Runs Vietnam's First Live Blockchain Payment
Basal Pay ran real USDT/USDC through a seven-firm consortium at Ironman Da Nang — Vietnam's first live blockchain cross-border payment test under a dual SBV–Resolution 222 sandbox regime.
Decree 94's P2P Sandbox: The Foreign Ownership Bar and What It Means for VIFC Firms
Decree 94/2025/ND-CP bars foreign-owned enterprises from Vietnam's P2P lending sandbox — and the term 'foreign-owned' remains undefined, raising EVFTA and CPTPP treaty questions.