By 2030, all poor households and individuals as well as policy beneficiaries will be able to access financial services of the Vietnam Bank for Social Policies (VBSP), according to the Strategy for development of the VBSP through 2030, recently approved under Prime Minister Decision 05/QD-TTg.

The State Bank of Vietnam (SBV) has recently released Circular 11/2022/TT-NHNN to improve the legal framework for bank guarantee to better suit international practices and comply with Vietnam’s relevant regulations such as the Law on Real Estate Business, Law on Investment, and Civil Code.

Concerns over the newly-issued Vietnamese passports were the main topic during questions and answers at the 14th session of the 15th National Assembly (NA) Standing Committee, which started on August 11.

Economic expert Nguyen Bich Lam talks to Vietnam News Agency about Vietnam’s economic growth prospects in 2023 and ways to boost growth in the face of challenges created by supply chain breaks and geopolitical instability.

Corporate bonds are a hot topic in recent days as many big companies have issued corporate bonds for raising capital. This article analyzes current regulations on corporate bonds and loopholes therein and offers recommendations to protect investors in Vietnam’s bond market.

The Prime Minister has recently issued a decision to clarify procedures for grant of objection letters and no-objection letters about international financial institutions’ activities in the private sector in Vietnam.

“Improving institutional quality, developing human resources and digital finance platform, and unblocking and promoting financial potential would be considered three breakthroughs in implementation of the recently issued Financial Strategy.” This statement was made by Dr. Nguyen Nhu Quynh, Director of the National Institute for Finance under the Ministry of Finance, at an interview with the Thoi bao Tai chinh Viet Nam (Vietnam Financial Times).

In early April, the domestic financial market wobbled as the State Securities Commission announced its decision to cancel nine issuances of corporate bonds by three companies under Tan Hoang Minh Group during the period from July 2021 to March 2022, with a total value exceeding VND 10 trillion (nearly USD 439 million), for disclosing false information and concealing information.

Fintech is the combination of two factors: Finance and Technology. For the time being, there is no official or legal definition of Fintech. It should be noted that how Fintech is defined hinges upon the specific contexts and different approaches. However, the common denominator in most definitions is the application of technologies to enhance financial services.

Prime Minister Pham Minh Chinh on February 14 received Alok Kumar Sharma, British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26), who is on a working visit to Vietnam to promote the implementation of the conference’s outcomes.