The State Bank of Vietnam (SBV) will deploy monitoring measures and tools to assess the compliance of commercial banks in implementing requirements related to risk management, especially compliance with Basel III international banking standards, an SBV official said at an event on July 16.

Hundreds of AI-powered cameras with advanced traffic management and enforcement capabilities are being deployed across Hanoi, aiming to replace traffic police on the streets by December 18.

VOV.VN - Vietnam’s Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 48.9 in June from 49.8 in May, remaining below the 50.0 threshold for the third consecutive month and signaling a continued deterioration in manufacturing conditions as the first half of the year came to a close.

VOV.VN - Starting from July 1, 2025, the two-tier local government model comprising the provincial and communal administrative levels and eliminating the intermediate district level will be officially implemented nationwide, marking a significant milestone in Vietnam’s administrative reform and decentralisation of state management.

VOV.VN - Market surveillance teams nationwide carried out 3,891 inspections between May 15 and June 15, detecting 3,114 violations related to smuggling and counterfeit goods. The campaign resulted in more than VND63 billion in fines.

The 15th National Assembly (NA) passed the Law on Management and Investment of State Capital in Enterprises and the Law amending and supplementing a number of articles of the Law on Standards and Technical Regulations at its ongoing ninth session on June 14.

Vietnam’s Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son and Minister for Environmental Protection and Green Transition of Croatia Marija Vučković co-chaired a panel discussion themed “Fostering sustainable fisheries management including supporting small-scale fishers” in Nice, France, on June 11 (local time).

VOV.VN - Vietnam’s new two-tier local government system is expected to start operating from July 1, 2025 after the National Assembly approves the amended Law on Organisation of Local Government, slated for June 16.

VOV.VN - UOB Vietnam on June 6 introduced enhanced Financial Supply Chain Management capabilities on UOB Infinity, its digital banking platform for businesses.

VOV.VN - Despite numerous policies, programs, and strategies rolled out to strengthen plastic waste management and curb pollution, the fight against plastic waste in Vietnam has yet to deliver the expected results.