Vietnam has just erased 86 million unverified bank accounts as the nation surrenders to the globalist ‘Great Reset‘.
The State Bank of Vietnam (SBV) has closed or frozen around 86 million bank accounts because the accounts lack the required biometric authentication, which was made mandatory through a government initiative
.By forcing every account onto biometric rails and erasing inactive or unverified balances, the state is doing two things. It is tightening its digital grip and closing off unofficial channels that could otherwise move money around or out.
They are telling the public that this is about fighting scams; but actually the hidden function is to keep all financial flows within view and under control at a time when dollar scarcity risk is rising.
A similar move has already taken place in Thailand.
Be warned…this is heading to the West.
What’s happening in Vietnam with the 86 million frozen or erased bank accounts is about the government trying to juggle three pressures at once: U.S. tariffs cutting into exports, the risk of running short on dollars, and the state’s broader push to lock down control of the… https://t.co/v7wWxNsXWF
— EndGame Macro (@onechancefreedm) September 15, 2025
Armstrong Economics reports:: Anyone wishing to function in society must surrender their biometric data to maintain a bank account. The State Bank of Vietnam (SBV) claims that the measure was a system cleanup aimed at preventing fraud. In actuality, the measure is one step closer toward a national ID system that enables the government to control its citizens’ every move.
“This is a data-cleansing revolution,” said Pham Anh Tuan, Director of the Payment Department. “While the total number of bank accounts remains 200 million, by September 2025, once the legal framework is complete, all accounts without biometric data will be closed to prevent scams and fraud. After seven years of promoting non-cash payments, we are moving toward real efficiency.”
Vietnam recently implemented a nationwide digital ID (e-ID) system called VNeID that requires both citizens and foreign residents to surrender to the matrix and permit the government to store their personal information in a centralized database. Fingerprints, facial biometric data, photographs, passports, nationality, criminal records, and even medical records will be stored in the government database. Participation is not optional.
Project 06 launched in January 2022, hailed as a technological revolution to digitize the country. Project 06’s full name is the “Project on Developing Data Applications on Population, Identification, and Electronic Authentication to Serve National Digital Transformation in the 2022-2025 Period (Vision 2030),” which aligns entirely with the World Economic Forum’s plans for the Great Reset. The concept has been sold to the people as a convenience measure, but in truth, the aim is centralized, unrestrained control over the entire population.
Everything from banking to renting an apartment is linked to the digital ID. One wrong move and the government can completely erase someone from the system. One glitch in the power grid and the nation will come to a standstill. The Vietnamese government has the power to halt a person’s life instantaneously.
High-level Vietnamese officials met in Davos in January 2025, and shortly after, began voicing concern for bank accounts that were unverified through biometric data. Vietnam has been actively seeking OECD membership and signed a Memorandum of Understanding, citing that Project 06 will enable the nation to meet the OECD’s guidelines for regulatory reforms. Vietnam was one of the last nations disconnected from the Automatic Exchange of Information (AEOI) that requires members to share banking information under the pretense of preventing tax evasion.