Deposit insurance participating in early detection of weak credit institutions.

According to the International Association of Deposit Insurance Association's General Guidelines for Early Detection and Early Intervention (IADI, 2013), early detection and timely intervention of weak banks are critical to the effective and stable functioning of the deposit insurance system. This is an important function of agencies in the financial safety net to maintain the safety and soundness of the financial system.

State Bank warns of fake bank messages for frauding.

To prevent and reduce the risk of fraud and fraud in the supply and use of payment services, the State Bank of Vietnam requests payment service providers to develop appropriate roadmaps and plans for the implementation of measures to check and verify customer identification information when conducting transactions...

Simplify 27 administrative procedures under the management of the State Bank of Vietnam.

Deputy Prime Minister Le Minh Khái has just signed Decision No. 1844/QD-TTg approving the plan to reduce and simplify regulations related to business activities under the management functions of the State Bank of Vietnam.

Licensed credit institutions are not allowed to charge foreign exchange transaction fees.

From May 17, 2021, banks, non-banking credit institutions and branches of foreign banks that are allowed to do business in and provide foreign exchange services