SSC issues first-ever corporate governance code
10:28 | 23/09/2019 Finance - Banking
(VEN) - The first ever corporate governance code of best practices - a set of recommended practices for public Vietnamese companies has been issued by the State Securities Commission of Vietnam (SSC), aiming to promote investors’ confidence and develop the Vietnamese capital market.
Surge of M&A deals expected in Vietnam’s banking sector
10:19 | 11/09/2019 Finance - Banking
(VEN) - The State Bank of Vietnam (SBV) continues to facilitate banks’ voluntary mergers and acquisitions (M&A), aiming to form larger financial institutions with better governance and stronger finance. This is part of a 2016-2020 credit institution restructuring associated with handling bad debts, approved by the government.
DIV expects breakthroughs from FSMIMS project
09:20 | 27/08/2019 Finance - Banking
(VEN) - The Deposit Insurance of Vietnam (DIV) recently put into application the results of the Financial Sector Modernization and Information Management System (FSMIMS) project in order to develop a modern information technology (IT) system, contributing to better protection of depositor interests and maintaining the sustainability of the financial system.