Viet Nam

The Vietnamese dong (VND) is the national currency. The State Bank of Vietnam (SBV) is the central bank and has banking supervisory responsibilities. The financial sector includes commercial banks, foreign-bank branches, cooperative institutions, people's credit funds and microfinance organisations, subject to different operating permissions. Payment intermediaries and electronic wallets also have a role, but a wallet balance is not automatically an ordinary bank deposit.

Deposit Insurance of Vietnam (DIV) operates the statutory deposit-insurance framework for eligible deposits at participating institutions. An important detail is that Vietnamese law defines insured deposits primarily as qualifying deposits in VND held by individuals; a foreign-currency balance or an investment product should not be assumed to have identical coverage. The relevant institution, depositor and product conditions determine eligibility. NEXVORO currently publishes institutional information for Vietnam, without separately listing individual banking offers.