Tag: banking
WB loan disbursement up 55%
Disbursement of World Bank (WB) loans had increased 55% year-on-year as of September 30, the Ministry of Finance revealed on October 28.
Vietnam, WB sign emissions reduction purchase agreement
The Ministry of Agriculture and Rural Development (MARD) and the World Bank (WB) - the trustee agency of the Forest Carbon Partnership Facility (FCPF) - signed an Emissions Reduction Purchase Agreement (ERPA) at a ceremony on October 22.
Vietnam’s coastline urgently needs new resilience development strategy
VOV.VN - The coastline of Vietnam is increasingly exposed to natural disasters, resulting in significant human and economic losses, but current risk management measures prove inadequate, according to a new report by the World Bank.
Banks in HCM City to continue supporting businesses
Banks in Ho Chi Minh City are focusing on measures to mitigate the difficulties faced by businesses due to the COVID-19 pandemic and help them get back to health, a State Bank of Vietnam official has said.
SBV Governor assigned as Chief of Party Central Committee’s Office
The Politburo has assigned Le Minh Hung, member of the Party Central Committee and Governor of the State Bank of Vietnam (SBV) as Chief of the Party Central Committee’s Office.
Banks urged to diversify loan products to prevent “black credit”
Commercial banks should diversify their loan products, lower interest rates and simplify procedures to improve accessibility to official credit channels in an effort to keep people away from illegal sources, Deputy Governor of the State Bank of Vietnam Dao Minh Tu said.
Reforms of checks on imported products would create large room for growth: minister
Reforms of checks on imported products will help improve the business climate while reducing time and costs, which will give significant room for growth, Minister and Chairman of the Government Office Mai Tien Dung has said.
Central bank updates security for card payments
In the wake of new advances in science and technology that pose challenges to security and confidentiality, the State Bank of Vietnam (SBV) is drafting amendments to Circular 47/2014/TT-NHNN with new technical regulations on security and confidentiality for the card payment system.
Vietnam adopts good policy in ensuring long-term growth: Australian scholar
Vietnam has adopted a good policy amid the COVID-19 pandemic, which is also crucial in ensuring the country’s long-term economic growth, said an Australian scholar.
ASEAN finance ministers, central bank governors convene meeting
VOV.VN - The sixth ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) was held online in Hanoi on October 2.
