Insuring the insurance market gets in order
February 20, 2012 | 08:38
On February 15, 2012, new regulations on insurance sector business activities came into effect under Decree No. 123/2011/ND-CP (“Decree 123”) detailing the Law on Amendments to the Law on Insurance Business being effective from July 2011.
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).
Banks sweating on network expansion
August 01, 2011 | 07:43
A new draft circular, which aims to limit banks’ ability to open new branches, is worrying lenders.
Credit hurdles to trip up foreign-backed projects
January 11, 2011 | 08:00
Foreign manufacturers are seeing new credit barriers to develop investment projects in Vietnam, which could reduce net capital inflows this year.
Steep learning curve to walk in step with the WTO
January 03, 2011 | 10:26
“Without sufficient clarification and instructions from the Ministry of Finance or State Bank on the issue, the above requirements will be evident barriers against foreign banks trying to establish a joint venture or wholly foreign-owned bank in the coming time?”
Banks make their moves
December 26, 2010 | 21:32
The first foreign bank branches have made their moves to increase chartered capital to cope with the State Bank’s lending restrictions.
Firms told to put words into action
August 31, 2010 | 21:33
The Ministry of Industry and Trade is holding foreign businesses up to increased scrutiny.
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