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Official Gazette

Sunday, November 19, 2017
Tags: SBV
Draft law to deal with banks under special control Draft law to deal with banks under special control
The State Bank of Vietnam is gathering comments on a draft law revising the 2010 Law on Credit Institutions, which includes many provisions on special control.
ASEAN capital transaction liberalization: impacts on investment activities in Vietnam ASEAN capital transaction liberalization: impacts on investment activities in Vietnam
This article analyzes two issues: (i) How far AEC has gone in the roadmap to achieve the purpose of capital transactions liberalization and (ii) impacts of the commitments within the AEC regarding capital transaction liberalization on Vietnam’s law on foreign exchange management and on investment activities.
PM asks central bank to mobilize idle US dollars PM asks central bank to mobilize idle US dollars
The Prime Minister has requested the central bank to promptly adopt policies to mobilize idle US dollars from the local population to invest in business and production.
PPP regulations to be revised PPP regulations to be revised
Deputy Prime Minister Trinh Dinh Dung has recently assigned the Ministry of Planning and Investment to collect opinions of ministries, sectors, localities and members of the Steering Committee on draft revisions to Government Decrees 15 and 30 of 2015.
Foreigners may be allowed to make savings deposits at local banks Foreigners may be allowed to make savings deposits at local banks
Non-residents with presence in Vietnam may be allowed to make termed savings deposits in both Vietnam dong and foreign currency at local banks, according to a draft circular recently released by the State Bank of Vietnam.
Draft law aims at better management of public debts Draft law aims at better management of public debts
The Ministry of Finance recently revealed a draft law on public debt management, which is expected to change the public debt management method in a stricter and more efficient manner, and enhance borrowers’ responsibilities.
Laws on Credit Institutions and Planning to be revised Laws on Credit Institutions and Planning to be revised
The Government has assigned the State Bank of Vietnam to finalize a draft resolution on the settlement of non-performing loans and a draft law amending and supplementing a number of articles of the Law on Credit Institutions and relevant laws.
Customer information at banks to be better protected Customer information at banks to be better protected
Information of customers of credit institutions and foreign bank branches would be more secure if a draft decree recently proposed by the State Bank of Vietnam (SBV) to replace Decree No. 70 issued in 2000 is approved.
Draft rule aims to better manage internet banking service providers Draft rule aims to better manage internet banking service providers
Information technology infrastructure facilities and equipment used for the internet banking service provision would be required to be copyrighted and of clear origin, according to a draft circular recently released by the State Bank of Vietnam (SBV).
Government sets major solutions for socio-economic development in new year Government sets major solutions for socio-economic development in new year
Inflation control and macroeconomic stabilization are the two top priorities of the national development targets in 2017, according to Resolution No. 01 issued by the Government at the beginning of this year.

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