Vietcombank
Vietcombank Puts VIFC Subsidiary to Shareholder Vote
Vietcombank put a 100%-owned VIFC bank to a shareholder vote in April 2026 — the first state bank to commit structurally, not just nominally, to the centre.
Decree 85 Cuts Vietnam's Pension Bond Floor to 40% and Opens Corporate Debt
Decree 85/2026/ND-CP, effective May 10, cuts the government-bond floor to 40%, admits credit-rated corporate bonds, and raises the fund-manager bar — but a VND 1M tax deduction ceiling still caps growth. Until that changes, voluntary take-up will stay limited by weak incentives.
The Domestic Bank Subsidiary Wave: What Eight Banks — and Now Securities Firms — Committing Capital Tells International Firms About the VIFC
Eight banks and the first securities firms have now committed capital to VIFC subsidiaries. The financial infrastructure layer is wider than originally assessed.
SBV Restores 40% Short-Term Capital Ratio as Circular 25 Takes Effect
Circular 25/2026/TT-NHNN, signed June 22, restores the 40% short-term capital cap and amends State Treasury deposit rules — effective July 1.
Circular 09 Updates Custody Rules for SBV Repos and OMOs
Circular 09/2026/TT-NHNN, effective July 4, takes effect just as VIFC subsidiary banks go live — here is what compliance and treasury teams must act on.