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Tag: Credit institutions

Vietnam in Italian groups' strategic priority list
Vietnam in Italian groups' strategic priority list

Vietnamese Ambassador to Italy Duong Hai Hung has held working sessions with leaders of credit group CDP, Simest credit institution of CDP, credit and insurance group SACE and the General Confederation of Italian Industry (Confindustria) of Italy as part of the embassy's economic diplomacy activities of in 2023.

Vietnam in Italian groups' strategic priority list

Vietnam in Italian groups' strategic priority list

Remittances help spur HCM City’s economic growth
Remittances help spur HCM City’s economic growth

VOV.VN - Ho Chi Minh City received approximately US$6.8 billion in remittances last year, marking only a slight decrease compared to 2021 and accounting for 48% of foreign currency deposits at its credit institutions.

Remittances help spur HCM City’s economic growth

Remittances help spur HCM City’s economic growth

Vietnam optimises monetary policy for inflation control, macroeconomic stability
Vietnam optimises monetary policy for inflation control, macroeconomic stability

VOV.VN - This year has seen the State Bank of Vietnam (SBV) operate a flexible monetary policy aimed at controlling inflation, supporting further economic recovery, adapting to market fluctuations, and ensuring the safety of the banking system.

Vietnam optimises monetary policy for inflation control, macroeconomic stability

Vietnam optimises monetary policy for inflation control, macroeconomic stability

Banks upbeat about Q3 2022 business results
Banks upbeat about Q3 2022 business results

A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Vietnam (SBV)’s latest survey on business trends of credit institutions showed.

Banks upbeat about Q3 2022 business results

Banks upbeat about Q3 2022 business results

NA approves extension of pilot bad debt settlement resolution
NA approves extension of pilot bad debt settlement resolution

The National Assembly (NA) has agreed to extend a pilot resolution on bad debt settlement until the end of 2023 instead of this year.

NA approves extension of pilot bad debt settlement resolution

NA approves extension of pilot bad debt settlement resolution

Socio-economic issues on table at NA session
Socio-economic issues on table at NA session

National Assembly (NA) deputies will further debate the supplementary assessment of the implementation of the socio-economic development plans and the state budget in 2021 and in the first months of 2022 on June 2, as part of the legislature's ongoing third session.

Socio-economic issues on table at NA session

Socio-economic issues on table at NA session

Legislators discuss implementation of socio-economic development plans
Legislators discuss implementation of socio-economic development plans

National Assembly (NA) deputies on June 1 discussed the implementation of the socio-economic development plans and the state budget in 2021 and in the first months of 2022 as well as the settlement of bad debts of credits institutions.

Legislators discuss implementation of socio-economic development plans

Legislators discuss implementation of socio-economic development plans

NA deputies discuss curbing petrol prices, settling bad debts
NA deputies discuss curbing petrol prices, settling bad debts

Ensuring flexibility in curbing rising petrol prices and settling bad debts of credit institutions were scrutinised by NA deputies on June 1 at a debate on the implementation of socio-economic development plans in 2021 and in the first months of 2022 during the legislature's ongoing third session.

NA deputies discuss curbing petrol prices, settling bad debts

NA deputies discuss curbing petrol prices, settling bad debts

New circular on independent audits for foreign bank branches issued
New circular on independent audits for foreign bank branches issued

A circular stipulating independent audits of credit institutions and foreign bank branches issued by the State Bank of Vietnam will take effect from April 15.

New circular on independent audits for foreign bank branches issued

New circular on independent audits for foreign bank branches issued

Overseas remittances to Vietnam continues to see increase
Overseas remittances to Vietnam continues to see increase

VOV.VN - Despite the negative impact of the COVID-19 pandemic, the remittance flow to the country throughout 2021 reached more than US$12 billion, an increase of 10% compared to 2020, according to data published by the State Bank of Vietnam (SBV).

Overseas remittances to Vietnam continues to see increase

Overseas remittances to Vietnam continues to see increase

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