New circular to enforce independent audits
December 19, 2011 | 16:10
All credit institutions and branches of foreign banks in Vietnam will have to obey rules on independent audit beginning January 1, according to a new circular issued on December 15 by the State Bank of Vietnam (SBV).
Small banks need to make big impressions
August 22, 2011 | 09:00
Vietnam’s banking sector needs a shake-up with too many banks offering not enough services.
Thumbs up for foreign bank capital expansions
February 16, 2011 | 14:00
The number of foreign bank branches receiving State Bank of Vietnam’s approval to increase their registered capital to support their credit operations in Vietnam has kept increasing.
SBV to ease foreign banks’ procedures
December 05, 2010 | 23:15
The central bank is set to ease strains on foreign and locally incorporated banks in Vietnam, offering clear legal procedures for lending activities.
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