“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.

It is one of DIV’s mission according to Decision No.689/QD-TTg approving the project "Restructuring the credit institution system associated with the handling of non-performing loans in the 2021-2025 period" and the relating Action Plan of the banking sector.

Concluding the meeting of the National Steering Committee on Financial Inclusion on August 6, 2022, Prime Minister Pham Minh Chinh asked to focus on communication and education to improve financial knowledge, understanding, financial literacy and skills for people, so that they are really the center, the subject and benefit in the implementation of the National Financial Inclusion Strategy.

Along with the trend of digital transformation, there are also challenges in cybersecurity and information safety, when financial institutions such as banks are always the "target" of cybercriminals. In that context, Deposit Insurance of Vietnam (DIV) always focuses on ensuring security and safety of information internally as well as in the network environment during the implementation of professional activities; thereby better protecting the legitimate rights and interests of depositors, actively contributing to maintaining the safety of the credit institution system.

Deposit Insurance of Vietnam (DIV) has proactively implemented synchronous contents according to the program and working plan with positive and remarkable results, serving as a premise for a successful and comprehensive implementation of goals and tasks set out in 2022.

Improving the safety level for the financial system requires the participation of many State management agencies, supervisory agencies including the Deposit Insurance of Vietnam (DIV). Over the past 23 years, DIV has played a good role in protecting the legitimate rights and interests of depositors, making an important contribution to ensuring the healthy, stable and expanding banking and financial system.

People tend to choose to save their money at credit institutions for their convenience and safety. However, in case of bankruptcy of credit institutions, how can people’s deposits and legitimate rights and interests be protected? Related matters are specified in the Law on Deposit Insurance and other relevant laws.

This is the result of the ministerial-level science and technology project entitled "The role of DIV in supporting the sustainable development of the People's Credit Fund system in Vietnam until 2025", which is led by Dr. Nguyen Dinh Luu, former Deputy General Director of DIV.

The Deposit Insurance of Vietnam (DIV) has proactively implemented synchronously the contents according to the working plan with positive and remarkable results, serving as a premise for the successful and comprehensive implementation of goals and tasks set out in 2022.

On May 26, 2022, the Deposit Insurance of Vietnam (DIV) organized a virtual workshop titled “Building the Differential Premium System – Experience from the Malaysia Deposit Insurance Corporation (PIDM)”.