“In order to strengthen the role of the deposit insurer in the process of restructuring credit institutions, we need to seriously study to amend and supplement the Law on Deposit Insurance so that it is synchronized with the current legal framework, in line with the actual situation and towards international practices.” – Dr. Can Van Luc - BIDV's chief economist, member of the National Monetary and Financial Policy Advisory Council said.

The industrial revolution 4.0 is coming about strongly, all activities of the society are moving to the network environment, which poses many potential risks about information security. With the first steps in participating in the digital era, one of the most important requirements for Deposit Insurance of Vietnam (DIV) is to ensure the smoothness and safety of the Information Technology (IT) system to promote continuity for operation. At the same time, it is necessary to build a specific digital transformation roadmap, in line with future strategy and orientations. This is a both regular and urgent task of the DIV underthe requirements of digital transformation.