PM urges banks to boost credit in wake of typhoon

PM urges banks to boost credit in wake of typhoon

A meeting between the government and 13 commercial joint-stock banks was chaired by Prime Minister Chinh to discuss Vietnam's socioeconomic development.

Rural banks on the way out

Vietnam will remove its rural commercial joint-stock banks, with the central bank’s rules requiring the unification of the rural banks with urban commercial joint-stock banks nationwide in the period to 2010 as the first step in preparation for the sector’s global integration.