Strengthening the role of deposit insurers in protecting financial consumers
Financial consumer protection is one of the important tools to increase people's access to finance, and at the same time to ensure the legitimate interests of financial consumers as well as...
26/11/2021
Spreading digital transformation in the banking industry
To carry out the tasks in the Banking Sector Digital Transformation Plan, the whole system has implemented many solutions that bring good results, creating spillover effects to many other industries.
17/08/2022
Supervision, examination, and resolution of People's Credit Funds - the basis for DIV to continually participate in restructuring credit institutions
The supervision, examination, and resolution of Deposit Insurance of Vietnam (DIV) of deposit insurance participating organizations, especially People's credit funds (PCFs) play an important role in detecting and promptly handling violations, give...
12/08/2022
Upgrading legal frameworks for enhancing the efficiency of deposit insurance operations
In Vietnam, the deposit insurance scheme was officially initiated in 1999 and went into operation in May 2000. The Law on Deposit Insurance was promulgated on June 18, 2012, and took effect on January 1, 2013. Up to now, after ten years of its...
03/08/2022
Improve financial literacy for depositors
Deposit insurance policy plays an important role in enhancing public confidence in the banking and financial system. Raising public awareness of deposit insurance policy contributes to promoting the process of national financial information dissemination.
29/07/2022
Efforts to effectively implement the examination plan of insured institutions in 2022
The intense outbreaks of the Covid-19 pandemic since late April 2021 amidst new strains of coronavirus spreading all over the country have had a profound impact on all aspects of social life and activities of agencies and units. structured, the...
29/07/2022
Protecting legitimate rights and interests of depositors by deposit insurance policy
According to the Decision No. 32/2021/QD-TTg dated October 20, 2021 of the Prime Minister, on December 12, 2021, the coverage limit on deposit insurance was increased to 125 million dongs per individual per institution (the previous limit was 75...
28/07/2022
Implementing deposit insurance policy at microfinance institutions: Ensuring the legitimate interests of depositors
Reality has proven that microfinance activities continue to affirm their essential role in enhancing the level of access to financial services of the poor and low-income populations, making a significant contribution to implementing the policy of...
22/07/2022
Updates on the international deposit insurance trends and situation in Vietnam
Deposit guarantees operate within an ever-evolving global financial system and are therefore subject to change themselves. This article explores some of the key dynamics, some emerging issues which may affect the activities of deposit insurers in the near future and the situation in Vietnam.
27/06/2022