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Vietnamese credit institutions

Banks admitting weak ones proposed to get higher foreign ownership restrictions

Banks admitting weak ones proposed to get higher foreign ownership restrictions

The proposal was under SBV’s draft decree on amending and supplementing a number of articles of Decree No. 01/2014/NĐ-CP dated January 3, 2014 of the Government on foreign investors buying shares from Vietnamese credit institutions.
Cash to be disinfected to curb COVID-19 outbreak

Cash to be disinfected to curb COVID-19 outbreak

The State Bank of Viet Nam (SBV) has asked Vietnamese credit institutions and foreign banks’ branches in the country to disinfect cash in a bid to curb the COVID-19 outbreak.
Credit institutions warned about P2P lending

Credit institutions warned about P2P lending

In a document sent to lenders this week, the SBV said the fourth Industrial Revolution has promoted the development of many new products and services, including P2P lending, which directly connects borrowers with lenders.
Moderate credit growth positive for Viet Nams economy

Moderate credit growth positive for Viet Nam’s economy

Despite credit growth among Vietnamese credit institutions remaining low this year, experts are not concerned about the slowdown, saying it was a good sign for the economy.
UKs group encouraged to participate in SOEs restructuring

UK’s group encouraged to participate in SOEs’ restructuring

The United Kingdom’s Jardines Matheson Group can enlarge its investment to take part in the restructuring of State-owned enterprises (SOEs) and credit institutions in Viet Nam.