Investors need better information about equitization terms
15:15 | 18/10/2017 Finance - Banking
(VEN) - Representatives from the National Assembly’s Economic Committee and the American Chamber of Commerce (AmCham) say limitations related to information provision and transparency, and business evaluation regulations are deterring investors in state-owned enterprise equitization.
Deposit insurers help credit institution restructuring
15:33 | 12/10/2017 Finance - Banking
(VEN) - Prime Minister Nguyen Xuan Phuc recently signed Decision 1058/QD-TTg approving a plan for restructuring credit institutions pertaining to addressing bad debts from 2016-2020 following the principle of prudence and ensuring the interests of depositors and the credit institution system’s stability and security. Protecting the legitimate rights and interests of depositors and ensuring safe and healthy development of banking operations, the Deposit Insurance of Vietnam (DIV) plays an increasingly important role in credit institution restructuring, phase 2.