Vietnam’s Banking Gamechanger: What Decree 69 Means for Banks, Borrowers, and the Future of Finance
On May 19, 2025, Vietnam introduced Decree 69/2025/ND-CP, a bold and far-reaching regulation set to reshape its banking sector. At first glance, the changes may appear technical: a higher cap on foreign investment in troubled banks, new operational flexibilities for acquirers, and temporary regulatory concessions. But the real story is broader – and far more human. This is about risk, resilience, and the rebuilding of trust in Vietnam’s financial system.