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Actively implements solutions for credit management and inflation control, providing sufficient capital for the economy

On April 4, 2021, in Hanoi, the State Bank of Vietnam (SBV) organized a Conference on Credit Implementation by the Banking Sector in 2021, which also aimed to launch Circular No. 03/2021/TT-NHNN. The Conference was chaired by SBV Governor Nguyen Thi Hong, who delivered a guiding speech to open the Conference.

Bilateral meeting and webinar between Deposit Insurance of Vietnam and Deposit Protection Office, Lao PDR

On March 25, 2021, the Deposit Insurance of Vietnam (DIV) and the Deposit Protection Office (DPO), Lao PDR held a bilateral meeting and a webinar themed "An introduction to microfinance institutions in Vietnam and deposit insurance accounting principles”.

"Start-up Savings" deposits fully insured

Aligning with deposit insurance (DI) policy’s goal of protecting the majority of depositors, especially those with limited access to information, Vinh Thanh People’s Credit Fund (PCF) (in Vinh Thanh district, Can Tho city) has launched a product called "Start-up savings" with the commitment to returning to depositors their deposited money in full including the principal and interest in case the PCF encounters operational risks which may lead to insolvency or dissolution.

Online seminar on "Bank resolution - Indonesian Deposit Insurance Corporation’s Experience and Lessons learned"

On December 27, 2020, the Deposit Insurance of Vietnam (DIV) held an online seminar on “Bank resolution - Indonesian Deposit Insurance Corporation’s experience and lessons learned”. This was an event held within the framework of an in-depth and advanced professional training course for the DIV’s staff participating in special control of credit institutions (CIs) (held from October 26 to 31, 2020).

20 years of establishment and development of DIV regional branch in Ho Chi Minh City

Just more than a year after its establishment, the Deposit Insurance of Vietnam (DIV) set up its first branch, the DIV’s Regional Branch in Ho Chi Minh City (the Branch), in an attempt to expand and strengthen deposit insurance (DI)  activity as well as maintain public confidence in Ho Chi Minh City and its neighboring provinces. The Branch officially went into operation on December 23, 2000 after the DIV’s Chairman of the Board of Directors signed the Decision on the establishment of the Branch on December 1, 2000.

Training DIV officers on participation in special control of credit institutions – Advanced Course I

From October 26 to 30, 2020, in Hanoi, the Deposit Insurance of Vietnam (DIV) organized a training course on advanced skills at participation in special control of credit institutions (CIs) for more than 40 participants from the DIV’s headquarters and regional branches.

Training course on supervision of insured institutions

From October 19 to 22, 2020, in Hanoi, the Deposit Insurance of Vietnam (DIV) organized a training course on supervision of insured institutions, which attracted over 80 trainees from the DIV’s Headquarters and regional branches.

Webinar on “Resolution of failed institutions through bridge bank method – DICJ experience and lessons learned”

On February 2, 2021, the Deposit Insurance of Vietnam (DIV) in cooperation with the Deposit Insurance Corporation of Japan (DICJ) organized the webinar entitled “Resolution of failed institutions through bridge bank method – DICJ experience and lessons learned”.

Deposit Insurance of Vietnam – 2020 highlights

 Overcoming difficulties caused by the Covid-19 pandemic, the Deposit Insurance of Vietnam (DIV) made a great effort to fulfill its assigned functions and tasks, creating many important highlights in 2020. The followings are 10 of the most outstanding highlights,chosen by the Editorial Board.

DIV disseminates the tasks in 2021

 “2020 - a year of unprecedented difficulties and challenges for the country and the banking industry, but Deposit Insurance of Vietnam (DIV) has basically completed the assigned tasks, continuing to innovate all aspects of activities, positively contributing to the overall performance of the banking sector, especially the restructuring and resolution of troubled People's credit funds ”- First Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu made such a comment when attending and giving directions at the Conference on implementing the tasks in 2021 of the DIV held on January 12, 2021, at Hanoi.

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