Customs reform to meet ASEAN-6 requirements
10:26 | 07/03/2015 Finance - Banking
(VEN) - The General Department of Vietnam Customs (GDVC) is focusing on streamlining customs procedures in accordance with Government Decision 19/2014/NQ-CP on shortening the time needed for clearance of imports and exports as applied in the ASEAN-6, which includes Indonesia, Malaysia, the Philippines, Brunei Darussalam, Singapore and Thailand.
Banks to set up cash transporters
11:09 | 25/02/2015 Finance - Banking
The State Bank of Vietnam will allow domestic commercial banks to start companies responsible for transporting cash to branches and transaction offices in order to reduce related expenses.
Promoting credit growth
10:56 | 27/01/2015 Finance - Banking
(VEN) - Following the credit growth target of 13-15 percent set out for this year by the State Bank of Vietnam (SBV) together with abundant liquidity and falling deposit rates, commercial banks have promoted lending activities since the beginning of the year.