New policy drafted to help non-bank credit institutions develop further Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions. 14:07 | 12/11/2024
New policy on tightening use of short-term capital for long-term loans takes effect As stipulated in Circular 08/2020/TT-NHNN, both Vietnamese banks and foreign bank branches in Việt Nam are required to reduce the maximum ratio of short-term capital for medium and long-term loans to 30 per cent as of October 1, 2023. 10:09 | 04/10/2023
New policy might eliminates mandatory mechanic inspections for new cars According to the Việt Nam Register agency, new vehicle owners need only present the vehicle registration certificate to a local registration centre to obtain the necessary registration stamp and purchase the road maintenance fee. 19:35 | 03/03/2023
