Previously, on June 28, 2023, the State Bank issued Circular No. 06/2023/TT-NHNN, effective from September 1, 2023.

The Circular has added regulations on lending in line with the digital transformation process in banking operations and other regulations to remove obstacles and create more favorable conditions for customers to access bank loans.

At the same time, the Circular supplements a number of regulations to control risks arising in lending activities, contributing to ensuring the operational safety of the credit institution system.

However, in the context of the economy still facing many difficulties, to further prioritize promoting economic growth, the State Bank of Vietnam issued Circular No. 10/2023/TT-NHNN dated August 23, 2023, suspending the implementation of Clauses 8, 9 and 10, Article 8 of Circular No. 39/2016/TT-NHNN (supplemented by Clause 2, Article 1 of Circular No. 06/2023/TT-NHNN) from September 1, 2023 until the effective date of the new legal document regulating these issues.

In the coming time, the State Bank will coordinate with relevant agencies and units to research and consider appropriate solutions to control risks, ensure the safety of credit institutions' operations, and support in removing difficulties for people and businesses.