The main objective of the project is to ensure all banks adopting the Basel II standards have a capital adequacy ratio (CAR) of at least 10-11% by 2023, and eventually to 11-12% by 2025.
Deputy Prime Minister Le Minh Khai called for the South Korean bank to continue expanding investment activities in Vietnam beyond the banking sector.
The disbursement of approved FDI projects increased by 8.7% year-on-year in March, the fourth month of increase as post-Covid-19 lockdown constraints ease.
For Vietnam to achieve the transformation it aspires to, accelerating a shift to productivity-led growth will be essential.
In the medium term, Vietnam’s vision to become an upper-middle-income economy will depend on its ability to evolve from its current growth model to productivity and innovation-led growth model.
According to studies, breast milk is the most important measure to reduce mortality among kids.
The two sides are expected to continue working on major projects with high spillover effects, including transport infrastructure, healthcare, education, climate change resilience, and digitalization.
Credit loans would be provided for major petrol trading companies under the list of the Ministry of Industry and Trade, especially those who have been instructed to raise their petrol imports in the coming months.
The city is seeking investment capital sources for ongoing transport projects, which open doors to donors such as World Bank.
Vietnamese businesses in Russia are urged to stay calm and monitor the situation to act accordingly.
A sharp rise in all major mobility indicators was thanks to the high vaccination coverage of 73% of the population.
Banks’ support for the economy would help realize the GDP growth target of 6-6.5% for this year.
Fitch Rating revised Vietnam’s operating environment score for banks to ‘bb-’ from ‘b+’.
The funding will help HDBank increase lending to retail and small and medium enterprises (SMEs), including women-owned or -led ones.
Credit should be channeled to priority fields and production/business activities with positive impacts on socio-economic development.
Upcoming monetary-fiscal support programs may put Vietnam in the position to become a high-income country in the 2045-2050 period.
The Vietnam Open Innovation Landscape 2021 Report was launched on January 13.
