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VNBA seeks members' opinions on Ministry of Justice's guidelines for secured transactions
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations to comment on the draft Circular amending and supplementing a number of articles in the Circulars of the Minister of Justice providing guidelines for secured transactions.
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Governor Nguyen Thi Hong clarifies a number of issues related to real estate credit
On October 28, 2024, continuing the 8th Session of the 15th National Assembly, the National Assembly held a plenary session to discuss the Report of the National Assembly's Supervisory Delegation on "implementation of policies and laws on real estate market management and social housing development from 2015 to the end of 2023". The Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong explained and clarified a number of issues to National Assembly deputies.
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Detailed guidance on banning sale of bancassurance needed
Insurance companies are awaiting further details on regulations that will guide the implementation of a new policy on banning sale of bancasurance products through banks (bancassurance) to help them comply with the law.
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VNBA invites members to attend online seminars on "Digital Banking" and "Fraud Management in Digital Payments"
Vietnam Banks Association (VNBA) continues to coordinate with BPC Banking Technologies - SmartVista Company to organize two in-depth online seminars on "Digital Banking" and "Fraud Management in Digital Payments".
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Draft Circular on the issuance of domestic deposit certificates
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations inviting comments on the draft Circular regulating the issuance of domestic deposit certificates by credit institutions and foreign bank branches.
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Banks show positive results during third quarter
Techcombank announced that pre-tax profit in the first nine months of this year reached VNĐ22.8 trillion, up 33.5 per cent over the same period last year.
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Banks' profit picture in Q3 creates mixed sentiment
Banks are releasing their third-quarter business results, and sentiments have been mixed about their profit picture.
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Deputy Governor Pham Tien Dzung meets JICA’s Delegation
On October 23, 2024, at the headquarters of the State Bank of Vietnam (SBV), Deputy Governor Pham Tien Dzung had a meeting with Mr. Shimizu Akira, Director General of the Treasury, Finance and Accounting Department of Japan International Cooperation Agency (JICA). Mr. Shimizu Akira was previously Chief Representative of JICA Vietnam Office during the 2020-2022 period.
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Year-end credit growth driven by industrial sector
The stock, banking, and investment markets are awaiting the release of third-quarter financial reports, with corporate lending banks expected to show strong growth in Q4, while consumer lending banks may continue to face hurdles.
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VNBA Secretary General and WB experts talked on financial inclusion
In order to discuss and clarify activities supporting the implementation of the Financial Inclusion Strategy Phase 1, the WB delegation visited and discussed with VNBA on assessing the effectiveness of the implementation of NFIS Phase 1; identifying difficulties and obstacles and proposing recommendations and best practices for the next phase 2026-2030 nn October 24, 2024. VNBA Vice President cum Secretary General Nguyen Quoc Hung has received and exchanged views with the delegation.
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Liquidity pressure “substantial” on Vietnam’s banks
Intense liquidity pressures and surging interest rates are anticipated in the domestic banking sector as the year-end approaches.
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Guidelines for debt settlement before initiating litigation
On October 22, 2024, the Vietnam Banks Association (VNBA) had a working session with the International Finance Corporation (IFC) of the World Bank (WB) to discuss the draft set of documents guiding debt settlement before proceeding with litigation.
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Vietnam Banks Association's working visit to Japan
On October 17-19, 2024, the Vietnam Banks Association (VNBA) paid a working visit to Japan. Vice President cum General Secretary Nguyen Quoc Hung led the VNBA delegation, including representatives of member organizations VietinBank, OceanBank, VDB, EVNFinance and MUFG Bank.
