Vietnam, Japan boost deposit insurance cooperation

The Deposit Insurance of Vietnam (DIV) and the Deposit Insurance Corporation of Japan (DICJ) recently signed a memorandum of understanding with a view to fostering dialogues and bilateral cooperation, the DIV said on June 17. 

The document is intended to enhance deposit insurance efforts in general and the management of deposit insurance providers in particular. 

Specifically, the DIV and DICJ will exchange deposit insurance-related experience and knowledge, along with discussing international and professional issues of mutual concern. 

Training courses, workshops and joint surveys will be organised, while regular working visits will also be made by the leaders of the two institutions. 

DIV is a State-run non-profit financial institution that was set up in 2013, while its Japanese counterpart was established as early as 1971.
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