On 31 December 2025, the State Bank of Vietnam (the “SBV”) issued Circular 66/2025/TT-NHNN to amend and supplement several provisions of Circular 34/2024/TT-NHNN concerning the reissuance of bank licenses and the supplementation of operational contents to bank licenses.

The objective of Circular 77/2025 is to enhance the security and safety of online service systems in the context of increasingly sophisticated cybercrime