Tag: term

Deputy Prime Minister Le Minh Khai's recent decision to adjust Vietnam's medium-term public investment plan underscores a strategic pivot towards fiscal integrity and optimized resource allocation, while concurrently fortifying mechanisms to combat corruption and ensure transparent governance.

The State Bank of Vietnam has issued a regulation stating that banks are allowed to buy bills and certificates of deposit (CODs) with a remaining term of less than 12 months in order to unify the transaction term between banks and the time limit for banks to discount with customers. Foreign bank branches will not be allowed to buy convertible bonds.