Vietnam joins global peers in developing digital money Business

Vietnam joins global peers in developing digital money

Vietnam is playing catch-up in a global race to develop its own digital currency and experts believe this will not only help the country develop new technology but also present an opportunity for Vietnam to join the most technologically-advanced countries.
Indonesia, Brunei agree to cooperate on anti-money laundering World

Indonesia, Brunei agree to cooperate on anti-money laundering

The Governor of Bank Indonesia, Perry Warjiyo, and Managing Director of Brunei Darussalam Central Bank (BDCB), Rokiah Badar, have agreed to cooperate in combating money laundering and prevent the financing of terrorist activities in the payment system.
JSCCIB cuts Thailand’s GDP growth forecast World

JSCCIB cuts Thailand’s GDP growth forecast

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has reduced its GDP growth forecast for Thailand to 0.5-2 percent from 1.5-3 percent due to the severe impact of the third COVID-19 outbreak despite bright export prospects this year.
Vietnam should continue support for vulnerable groups: IMF official Business

Vietnam should continue support for vulnerable groups: IMF official

Vietnam will record positive economic growth in 2021, at around 6-7 percent, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign, said Jonathan Ostry, Deputy Director of the Asia and Pacific Department of the International Monetary Fund (IMF).
Vietnam hosts 33rd ASEAN Capital Markets Forum Business

Vietnam hosts 33rd ASEAN Capital Markets Forum

The 33rd ASEAN Capital Markets Forum (ACMF) Chairs’ Meeting was held via video conference on December 9 as the final event among the activities within the scope of the ACMF in 2020 held under the chair and coordination of Vietnam’s State Securities Commission (SSC).
ASEAN Plus Three countries promote inter-bank cooperation Business

ASEAN Plus Three countries promote inter-bank cooperation

Government-sponsored development banks of Japan, China and the Republic of Korea signed an agreement with major financial institutions in the Association of Southeast Asian Nations (ASEAN) to boost inter-bank cooperation during the ASEAN Plus Three Summit held virtually on November 14.