Some concerned issues regarding Deposit Insurance law implementation
In order to strengthen the legal framework for deposit insurance in Vietnam, the Law on Deposit Insurance (DI) was ratified by the National Assembly in June 2012 and took effect from 1st January 2013 with many changes as compared to the previous...
06/01/2014
Several contents of deposit insurance policy amended in the upcoming time.
Deposit insurance is the financial institution aimed at protecting depositors and contributing to the guarantee of safe and sound banking operation. In Vietnam, the Law on Deposit insurance (DI) adopted by the National Assembly in June, 2012...
06/01/2014
DIV’s working visit to Ha Giang Province
A joint team of the DIV and Department of Education and Science – VTV paid a working visit to Ha Giang Province from October 22-24, 2013.
24/12/2013
To effectively implement the Law on Deposit Insurance in the current situation
Currently, the restructuring of credit institutions is being accelerated. Against this background, protecting depositors' legal interests is of vital importance. The Law on Deposit Insurance (DI) passed at the National Assembly XIII's 3rd session...
24/12/2013
DIV‘s participation in management and liquidation of assets of failed insured institutions
In a market economy, when the economy faces difficulties, enterprises will be exposed to the danger of ceasing operations and going bankrupt. It is difficult for credit institutions, which are enterprises specializing in the field of banking and...
31/10/2013
Low coverage limit restricts DIV's role
According to experts and depositors, raising deposit insurance coverage limit will be suitable for the current situation and help attract more idle capital to banks, thereby increasing supply of credits to the economy.
31/10/2013
Be active in studying and making recommendations on deposit insurance policy
On August 7, 2013, in Hanoi, Dr. Bui Khac Son – General Director of Deposit Insurance of Vietnam (DIV) presided at the monthly progress meeting. The Chairman of Board of Directors (BOD), Head of Supervisory Board, Management Board, Department Directors at the head-quarter took part in the meeting.
30/10/2013
The need to adjust the insurance coverage limit of 50 millions VND
To implement the Law on Deposit insurance, on June 28, 2013, the Government issued Decree No.68/2013/ND-CP detailing and guiding the implementation of the Law on Deposit insurance which is effective from August 19, 2013. This paper will focus on...
02/10/2013