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Official Gazette

Tuesday, September 27, 2022
Tags: domestic banks
Banks capitalize on trade success of UKVFTA to boost lending Banks capitalize on trade success of UKVFTA to boost lending
Domestic banks have promoted lending to firms exporting to the UK to capitalize on the UK-Vietnam Free Trade Agreement (UKVFTA) as Vietnam’s shipments to the market have been growing impressively after more than a year since the deal took effect.
Higher foreign shareholding in local banks needed: experts Higher foreign shareholding in local banks needed: experts
Lifting the cap of foreign ownership in Vietnamese banks was necessary to have more capital for restructuring and improving the competitiveness of the domestic banking sector but this should be done with caution and an elaborate roadmap, said banking experts.
Ministry plans to earn USD 900 million from beer liquor and beverage export Ministry plans to earn USD 900 million from beer, liquor and beverage export
By 2035, the country will produce around 5.5 billion liters of beer, 350 million liters of liquor and 15.2 billion liters of beverage, earning an export turnover of USD 900 million from these products.
Political Report of the Communist Party of Vietnams 10th Central Committee to the 11th National Party Congress Political Report of the Communist Party of Vietnam's 10th Central Committee to the 11th National Party Congress
Excessive ownership of capital in banks to be banned Excessive ownership of capital in banks to be banned
Policy digest October 2013 Policy digest October 2013
Many banks, especially major commercial ones, are expecting the Government to raise the foreign holding cap and coming up with plans to sell strategic stakes.
Policy digest August 2013 Policy digest August 2013
Vietnam was one of the largest fisheries exporters in the world market, but almost all Vietnamese processors and exporters did not have proper awareness about the necessity of providing transparent product information, including product origin, production process and export formalities, to importers, complained Dang Kim Son, head of the Agriculture and Rural Development Ministry’s Policy and Development Institute.
Decision No. 857/QD-NHNN: Borrowers to gain better access to foreign capital Decision No. 857/QD-NHNN: Borrowers to gain better access to foreign capital
Banking restructuring: more room for foreign investors Banking restructuring: more room for foreign investors
Foreign investors will have a chance to increase their involvement in the Vietnamese banking sector under a scheme approved by the Prime Minister this month.
Regulations in the making (Vol. 17 - No 202 June 2011) Regulations in the making (Vol. 17 - No 202 June 2011)
In response to recommendations of the Bank Working Group (BWG) at the Vietnam Business Forum on May 27, Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh affirmed that the SBV would consider the recommendation about permission for increasing equity capital of Vietnam-based foreign banks and promotion of their participation in drafting banking regulations.

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