The event aims to clarify the current landscape, conditions, and solutions for the “digital enabler banking” model to effectively support businesses and drive sustainable growth.
The adjustment aims for greater flexibility, with the threshold to be raised to approximately VND1 billion ($38,000) to reflect economic realities, support household businesses, and ensure budget balance.
According to the draft law, there are 18 administrative procedures, including 9 existing ones, while 6 others have been eliminated, representing a 40% reduction compared to current regulations.
Deputy PM Tran Hong Ha emphasized the need to revise investment procedures governed by the Investment Law, including auction processes, bidding, and investor selection and recommended these be included in future legislative amendments.
The disbursed volume of public investment in January-August period was estimated to reach 46.3 per cent of this year's plan, according to an official dispatch issued by Prime Minh Chinh on September 21.
Stakeholders discuss the implications of fully liberalizing credit growth, highlighting financial stability, the underdevelopment of capital markets, and policy solutions to unlock long-term investment.
Associate Professor Nguyen Huu Huan from the University of Economics Ho Chi Minh City shares his thoughts with Vietnam Economic Times / VnEconomy’s Phan Linh on credit limits being fully liberalized.