“Vietnam Card Day 2020”, the first of its kind, was officially launched on in Hanoi on October 29 with an aim to promote non-cash payments in the country.

VOV.VN - BORGEN Magazine, one of the leading NGOs detailing the fight against poverty in the United States and part of the Borgen Project, has recently run an article assessing the novel coronavirus (COVID-19) pandemic in Vietnam and its impact on the nation.

Disbursement of World Bank (WB) loans had increased 55% year-on-year as of September 30, the Ministry of Finance revealed on October 28.

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.

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 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.

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.

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 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.

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.