The State Bank of Vietnam–the SBV–has extended the duration of Circular 02/2023/TT-NHNN which gives banks the ability to restructure a customer’s debts without reclassifying the risk level of said debt, The Saigon Times is reporting. This circular was first introduced last year to battle blowouts of debt that came about as a result of the bond market crisis. This was to give borrowers some temporary relief however with market conditions little improved, particularly in the real estate sector (See: Vietnam’s Real Estate Market Recovery 2024: Unpacked) further support is sorely needed. Ergo, the extension of the aforementioned circular.
YOUR VIETNAM DAILY NEWS BRIEF | NOVEMBER 12, 2026
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
YOUR VIETNAM DAILY NEWS BRIEF | NOVEMBER 11, 2026
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
YOUR VIETNAM DAILY NEWS BRIEF | NOVEMBER 10, 2026
Vietnam’s government forecasts a 40 percent surge in property-related revenue in 2027 despite weakening real estate transactions, raising questions about the sustainability of its
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