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Official Gazette

Wednesday, July 8, 2020
Tags: monetary policy
State Bank steps up fight against black credit State Bank steps up fight against “black credit”
In January 2019, local media reported that Le Dinh Huu Phuoc, a 55-year-old man in the Central Highlands province of Gia Lai, was beaten to death by a group of gangsters for failing to fully pay his nephew’s debt.
Country seeks to make better use of its resources Country seeks to make better use of its resources
On January 15, Party General Secretary and President Nguyen Phu Trong signed Resolution 39-NQ/TW to enhance the efficiency of management, exploitation and use of the economy’s resources. In an exclusive interview granted to the Vietnam News Agency, Director General of the General Statistics Office of Vietnam Nguyen Bich Lam talks about what the country needs to do to optimize its resources for promoting national development.
Consolidating macro-economic stability the leading task this year: PM Consolidating macro-economic stability the leading task this year: PM
Prime Minister Nguyen Xuan Phuc has asked ministries, sectors and localities to continue consolidating macro-economic stability and promoting growth, calling this the most important task for 2019.
New strategy enhances independence of the central bank New strategy enhances independence of the central bank
The Strategy for development of the banking sector up to 2030 has been recently approved by the Prime Minister, setting forth major objectives for operations of the credit institution system as well as state management responsibilities of the State Bank. Below is an interview granted by Deputy Governor of the State Bank Nguyen Kim Anh to Thoi bao Ngan hang (Banking Times) about the Strategy.
Prime Minister joins IMF-WB meeting Prime Minister joins IMF-WB meeting
Prime Minister Nguyen Xuan Phuc joined leaders of other ASEAN countries at the opening ceremony of the annual meetings of the International Monetary Fund - World Bank Group on October 12 in Indonesia.
Official Gazette issues Nos 63-65/2018 issued on September 07 2018 Official Gazette issues Nos 63-65/2018, issued on September 07, 2018
Banking sector development strategy approved Banking sector development strategy approved
Vietnam will have at least two or three banks in Asia’s top 100 largest banks and three to five banks listed on foreign stock markets by 2025 under Decision 986/QD-TTg recently approved by the Prime Minister.
Legality of cryptocurrencies in Vietnam remains unclear Legality of cryptocurrencies in Vietnam remains unclear
Bitcoin and other similar virtual currencies like ethereum, ripple and litecoin have become a hot topic among investors. But let’s set aside the worries and excitement and ask a question: are cryptocurrencies lawful in Vietnam?
State to monopolize via-account gold trading State to monopolize via-account gold trading
The State would hold monopoly in mobilizing gold from organizations and individuals and via-account gold trading.
PM urges drastic measures for achievement of growth target PM urges drastic measures for achievement of growth target
Prime Minister Nguyen Xuan Phuc asked ministers and heads of sectors to take measures to ensure their ministries and agencies reach this year's growth target.

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