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Green finance in Vietnam made positive initial signs

That was the comment of the experts at the Workshop on "Green Finance in Vietnam" held by the State Bank of Vietnam (SBV) in collaboration with the Asian Development Bank (ADB) in Hanoi on September 13, 2019.

Workshop on microfinance activities in the Northern provinces

Following the Workshop on microfinance activities in the Southern provinces held in Ho Chi Minh City on September 11, in the morning of September 13, 2019 in Hanoi, the State Bank of Vietnam (SBV) in collaboration with the Asian Development Bank (ADB) organized a Workshop on microfinance activities in the Northern provinces. SBV First Deputy Governor Dao Minh Tu chaired the Workshop.

SBV tightens loans with savings books as collateral

The State Bank of Việt Nam (SBV) has warned local commercial banks to improve control of loans that use savings books as collateral to ensure the safety of the banking system.

Towards digital banking services for the poor

The Project of “Mobile Banking – Financial Inclusion and Economic Empowerment for the low-income population and women in Vietnam” is a meaningful initiative for the enhancement and improvement of accessibility to financial inclusion services by the poor and other policy beneficiaries, especially micro enterprises owned by women. This was the information delivered by Mr. Robin Bednall, First Secretary of the Embassy of Australia to Vietnam, at the launching ceremony of the Project, which was organized by Vietnam Bank for Social Policies (VBSP).

Fintech needs improved legal framework, collaboration

To develop financial technology, a comprehensive legal framework and co-operation between banks and fintech businesses are required, experts told a conference organised by the State Bank of Việt Nam (SBV) and Asian Development Bank on September 10.

Communication work of banking sector obtained significant progresses

Deputy Governor Dao Minh Tu of the State Bank of Vietnam (SBV) affirmed that the communication work of the banking sector have been implemented in an increasingly active, professional and effective manner, following closely the key tasks of the sector, the orientations and policies of the Party, the National Assembly and the Government, as well as the SBV Governor’s instructions.

Banks raise certificates of deposit rates to more than 10 percent

Banks have increased their interest rates on certificates of deposit (CDs), bringing them in excess of 10 percent per year with the aim of mobilising long-term capital.

Second Fintech Challenge Vietnam launched

Technology solutions in the fields of big data, artificial intelligence, financial outreach and cyber security are the focus of the second Fintech Challenge Vietnam (FCV), which was launched in Hanoi on August 13.

DIV attends the International Workshop entitled “The role of Deposit Insurers to financial institutions” and shares experience with DPO of the Lao PDR

From July 14 to 18, 2019, the Deposit Insurance of Vietnam (DIV) delegation led by Mr. Vu Van Long, Deputy General Director attended the International Workshop entitled "The role of Deposit Insurers to financial institutions" which was jointly hosted by the Deposit Protection Office (DPO) of the Lao PDR and the World Bank in Vientiane, Laos. On this occasion, the DIV also shared their experience on fund management and usage and public awareness activities at the DPO’s Training Workshop.

DIV announces Appointment Decision of Executive Member of DIV Board of Directors

On July 4, 2019, in Hanoi, the Deposit Insurance of Vietnam (DIV) held a ceremony to announce the Appointment Decision appointing Mr. Hoang Viet Trung as Executive member of the DIV Board of Directors (BoD).

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