Banking & Finance

The improved standing signals meaningful gains in upgrading the financial business environment, strengthening infrastructure and deepening connectivity with international markets.

The applicable subjects include the Chairperson, Vice Chairpersons, and members of the Executive Council; personnel working in the Assisting Body and the Advisory Council; and other relevant agencies, organizations, and individuals.

Under the new arrangement, Chinese tourists can use Alipay - a member wallet of Ant International - to scan VIETQRGlobal codes and make direct payments at merchants within NAPAS’ network across Vietnam.

Credit growth mainly focused on economic growth drivers as well as businesses and production sectors.

Real estate firms remaining the dominant issuers, accounting for 53% of total issuance.

Banks must continue to publicly disclose average lending rates, and the spread between deposit and lending rates on their websites to improve transparency.