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Central bank
Vietnam began a large-scale program in 2025 to remove or deactivate over 86 million bank accounts judged inactive or not biometrically verified as part of Project 06 and SBV rules; Vietnamese authorit...
Vietnam required banks to collect biometric data and to link or verify accounts against its new digital ID infrastructure as part of Project 06 and a series of State Bank of Vietnam (SBV) circulars; a...
Vietnam’s rollout of a national digital ID (VNeID / e‑ID) and linked biometric rules has not been reported in the provided sources as imposing a single criminal penalty for merely refusing to register...
Vietnam’s central bank and reporting outlets say the State Bank of Vietnam (SBV) moved to deactivate or “clean up” more than 86 million bank accounts this year as part of biometric verification and an...
Vietnam’s digital ID push — centered on the VNeID platform and Project 06 — has accelerated rapidly, but adoption has been slowed by technical, operational and inclusion challenges: notable system cra...
Vietnam has moved to require digital identity (e‑ID / digital ID) for a range of government and banking interactions: companies must use corporate e‑ID accounts on the VNeID platform from July 1, 2025...
Vietnam’s central bank and commercial banks began a mass compliance purge tied to new biometric and digital ID rules in early September 2025, resulting in authorities and many outlets reporting that r...
Vietnam has moved to require biometric and digital identity verification for banking transactions: individual customers faced biometric registration deadlines starting January 1, 2025, and corporate l...
Vietnam’s banks and the State Bank of Vietnam carried out a major enforcement action in 2025 that left roughly 86 million bank accounts frozen, deactivated or subject to restriction for failing to mee...
Vietnamian law permits authorities and courts to freeze or seize assets—including bank accounts and property—under several legal regimes: anti‑money‑laundering rules, court-ordered interim measures in...
Vietnam’s State Bank–led push to link accounts to biometric IDs resulted in commercial banks deactivating over 86 million bank accounts in early September 2025, a move framed by authorities as “data‑c...
Vietnam’s central bank and regulators have moved to deactivate or close more than 86 million bank accounts labeled inactive or non‑compliant with new biometric/verification rules, a step officials fra...
Vietnam’s digital ID program—centred on the VNeID app and Project 06—relies heavily on biometric authentication (facial recognition, fingerprints, chip-enabled ID cards) and legal changes (e.g., Digit...
Vietnam’s recent enforcement shows that banks can be ordered to block, deactivate, or close accounts that do not meet mandated biometric verification, but those actions do not necessarily equate to th...
The available, contemporaneous reporting shows specifically for failing biometric requirements; earlier 2024 coverage documents rollout and data-collection milestones rather than closure totals . A la...
Vietnam’s central bank began enforcing new biometric verification rules in 2025 and multiple reports state that roughly as part of that enforcement drive; the figure appears repeatedly across contempo...