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flag Vietnam mandates ID cards, not passports, for domestic bank transactions starting 2026.

flag Vietnam's banking sector is being urged to boost innovation, lower borrowing costs, and improve digital services to support sustainable growth, with Prime Minister Pham Minh Chinh emphasizing reforms during a November 24, 2025, congress. flag Starting in 2026, passports will no longer be accepted for domestic bank transactions, requiring national ID cards or electronic IDs instead. flag The State Bank of Vietnam received top honors and pledged 150 billion VND in storm relief. flag Hanoi plans a 600 billion VND venture capital fund in 2026, while HCM City ramps up consumer stimulus ahead of Tết. flag Vietnam remains ASEAN’s most optimistic consumer market, supported by stable demand and falling raw material costs.

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