On March 18, 2022, the State Bank of Vietnam (SBV) issued Decision No. 422/QD-NHNN promulgating the Action Plan of the banking sector for the implementation of the Government’s Resolution No. 11/NQ-CP dated January 20, 2022.

Protecting depositors, contributing to ensuring the safe and sound development of banking activities is the starting point and the goals of the Deposit Insurance of Vietnam (DIV).

In two days from March 14 to 15, 2022, the Deposit Insurance of Vietnam (DIV) held a training course on providing special loans for more than 70 participants who are directors and staff from relevant departments at the DIV's Headquarters and regional branches. The training course is conducted in the form of hybrid face-to-face and online conferencing, connected with the DIV's branches' bridge points in every region, ensuring the full conformance to the prevention and control measures of the Covid-19 pandemic.

On February 24 and 25, 2022, Deposit Insurance of Vietnam (DIV) attended the Round Table organized by the Deposit Insurance Corporation of Japan (DICJ) and the International Association of Deposit Insurers (IADI) titled "Synergizing Multifaceted Regional and Global Perspectives". On this occasion, DICJ also celebrated its 50th anniversary virtually due to the new outbreak of Covid-19's variations.

The Law on Deposit Insurance which was passed by the National Assembly (Session XIII) on 18 June 2012 and enforced since 1 January 2013, made an important milestone of the deposit insurance operation in Vietnam. The law practical implementation has proved that the Law on Deposit Insurance is an effective legal tool to protect legitimate rights and benefits of depositors, contribute to maintaining the stability of the credit institutions system and ensuring the safe and sound development of banking activities. However, recently the implementation of the Law on Deposit Insurance, especially the provisions directly relating to depositors, has encountered some difficulties and shortcomings that need to be solved.

The Deposit Insurance of Vietnam (the DIV) has been showing its role of being an important instrument in creating confidence as well as protecting legitimate rights and benefits of depositors at insured institutions.  Over the past years, with contributions of the DIV, the system of credit institutions (CIs) has always operated stably and safely.

The Internal Audit Panel was founded under the Decision 385/QD-HDQT-BHTG132 dated 01 December 2014 by the Board of Directors (BoD) of the Deposit Insurance of Vietnam (DIV). Pursuant to the Charter of organization and operation of the DIV promulgated under the Decision 1395/QD-TTg dated 13 August 2013 by the Prime Minister, the DIV’s Internal Audit Panel is defined as a department in assistance to the BoD. Its organizational structure, regulation, functions, tasks are regulated by the BoD in accordance with laws and charter regulations enforced by the Prime Minister and guidelines by the State Bank of Vietnam (SBV).

In 2021, due to the widely-spread Covid-19 pandemic, social distancing and online working were put in place in various provinces/cities in a long period of time, which greatly affected the onsite examination of insured institutions by the Deposit Insurance of Vietnam (DIV).

Completing the legal framework and mechanism, policies on cashless payment; upgrading and developing modern, safe and effective payment infrastructure; promoting electronic payments in the government sector and public administrative services; strengthening the inspection, examination, supervision to ensure security and safety in payment, and applying international standards in payment activities v.v. are some of the key tasks outlined in the Decision No. 2006/QD-NHNN dated December 17, 2021 of the State Bank of Vietnam (SBV) on the Implementation Plan for Decision No. 1813/QD-TTg dated October 28, 2021 of the Prime Minister approving the Scheme on Cashless Payment Promotion in Vietnam for the 2021-2025 period. The Decision took effect from the date of signing.

In the afternoon of December 29, 2021 in Hanoi, the State Bank of Vietnam (SBV) organized a hybrid (both physical and virtual) Conference to announce and disseminate the tasks of the banking sector in 2022.