Topic: revised

In place for a decade, the Law on Deposit Insurance will be revised to match changing circumstances and international practices, helping Deposit Insurance of Vietnam (DIV) participate more effectively in the process of restructuring credit institutions and better protecting depositors.

The Ministry of Natural Resources and Environment has said that the draft revised Land Law has eight important new points, such as institutionalizing the policy on abolishing land price brackets; introducing mechanisms and methods to determine land prices according to market principles; and establishing a synchronous legal corridor to shift the focus from administrative-heavy management methods to the use of economic tools to manage and regulate land relations, among others.