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Letter of
the Ministerof Ministry of Finance
To DIV on the 5th anniversary of construction
and growth
On behalf of the Ministry of Finance,
I would like to convey our warmest
congratulations to the management, officials and
employees of DIV on its 5th anniversary.
Letter
of the Governor of the State Bank of Viet Nam
To DIV on the 5th anniversary of construction
and growth
On the 5th anniversary celebration of Deposit
Insurance of Viet Nam, on behalf of the Party
Affairs Committee, leadership of the State Bank
of Viet Nam, I would like to convey my warmest
congratulations to Deposit Insurance of Viet
Nam’s employees who worked and have been working
in DIV system.
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PhD. Duong Thu Huong
Deputy Chief of NAESBC & Former
Deputy Governor of the SBV |
Deposit Insurance- an indispensable companion
Business activities in the field of banking
contains many risks, including the main risks
such as credit risk, foreign exchange risk, and
payment risk, which may threaten the security of
the whole banking sector. Therefore, many
measures have been introduced in order to
control and settle once risks occur. These
measures have been constructed in a very
scientific way.
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Mr. Tran Minh Tuan
Standing Deputy Governor of the SBV
Member of Board of Directors of DIV |
Deposit Insurance of
Viet Nam
Establishment, operation and development goal
The collapse of the system of People’s
Credit Funds in late ‘80s and early ‘90s had
caused the adverse impacts on economy, politic
and society for a long period of time. After
this, the Government and the banking sector had
had an idea of setting up a model of deposit
insurance in order to protect the legal rights
and interests of depositors and to maintain the
stability of the credit institutions as well as
to ensure the safe and healthy development of
the banking sector. However, this intent was
delayed due to constraints in terms of
perception as well as financial difficulties of
the State.
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Do Khac Hai
President, DIV Board
of Directors |
Deposit Insurance of Vietnam - Five years of
construction and integration
Since
Vietnam shifted to a socialist-oriented market
economy with state management, there have been
many important achievements. The banking sector
has also made some profound and comprehensive
reforms, actively contributing to the country's
development. However, beside the achievements,
this sector has also demonstrated some
weaknesses that are ineffective performance;
high ratio of overdue and non-performing loans;
potential systematic risks.
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Dr. Bui
Khac Son
General Director |
Deposit Insurance of Vietnam - Vision and
Expectation
For 5
years so far, Deposit Insurance of Vietnam with
its activities which has proved that it is the
proper policy of the Party and the Government in
setting up a financial institutions as Deposit
Insurance in Vietnam. The year 2005 that marks
an important milestone in its development as
well as construction of the future strategy for
Deposit Insurance of Viet Nam in a new stage.
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Interview with Mr. Do Que Luong |
Deposit Insurance Lectures to be given at
Universities of Economics in Vietnam?
Being
a person who has devoted a long time in the
banking industry and witnessed “the rise and
fall" of the credit activity, could you please
tell us about difficulties of baking activities
when Deposit Insurance of Vietnamwas not
established?
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