Banking & Finance

The credit quota system applied to commercial banks in Vietnam is in need of an update.

In addition, the Prime Minister approved the reduction and simplification of internal administrative procedures in three sectors: Petroleum; border trade; and consumer rights protection.

The new body expected to contribute to building a stable, transparent, and secure crypto asset market in Vietnam.

When compared to the nearly 1,600 companies currently listed and registered for trading across the entire market, the figure of 10 FDI enterprises is extremely modest.

According to the Government's report, mandating that individuals assigned to manage and operate a State-owned enterprise which holds more than 50% of charter capital must declare their assets and income is appropriate.

ACB rolls out targeted financing as Vietnam’s textile and garment industry navigates volatility yet sustains export growth and rising global competitiveness.