Saturday, September 23, 2017 - 5:31:19

credit institutions

SBV demands strict compliance with credit rate regulations

Business

SBV demands strict compliance with credit rate regulations

The latest instructions from Le Minh Hung, Governor of the State Bank of Vietnam (SBV), require credit institutions and commercial banks in Vietnam to strictly comply with the SBV’s regulations on mobilising capital in foreign currencies and not offer interest rates exceeding the ceiling levels.

Gov’t to fine bad weather forecasters

Society

Gov’t to fine bad weather forecasters

Several new Government policies come into effect this month, including fines for incorrect weather forecasts, regulations on credit institutions and foreign bank branches, payments for those involved in searching for and collecting remains of war martyrs.

Bad debt measures to go into effect

Business

Bad debt measures to go into effect

A National Assembly resolution on non-performing loans will take effect on August 15 with lawmakers hopeful it will help resolve much of the remaining bad debts held by commercial banks and real estate projects across the nation.