Nevertheless, the SBV is mulling over changing the roadmap for adjusting the ratio of short-term funds used for medium and long-term loans, which was previously mentioned in Circular No.22/2019/TT-NHNN issued in November 2019 on limits and prudential ratios of banks and foreign bank branches. The SBV had demonstrated its determination to tighten credit for risky sectors like real estate. High-risk borrowers such as build-operate-transfer project investors would also find it harder to access loans. … [Read more...] about Banks bet on consumer credit growth
Disputed by consumer meets fcra requirements
AMM 53: ASEAN-US Ministerial Meeting held virtually
Hanoi (VNA) - The ASEAN - US Ministerial Meeting was held online on September 10 within the framework of the 53rd ASEAN Foreign Ministers Meeting (AMM 53). At the event, participants spoke highly of the ASEAN-US strategic partnership, considering this an important factor in ensuring peace, stability and development in the region. They also welcomed the establishment of the Mekong-US Partnership. The United States has become ASEAN's strategic partner for decades, becoming the bloc's third largest trade partner and fourth biggest investor. The US has actively participated in the forums established and led by ASEAN and supported ASEAN in effectively maintaining its central role and promoting dialogue and cooperation in the region, they noted. ASEAN countries appreciated the coordination and assistance that the United States has provided for the region over the years, especially the timely and effective US support to ASEAN through the ASEAN-US Health Futures Initiative and the ASEAN-US … [Read more...] about AMM 53: ASEAN-US Ministerial Meeting held virtually
ASEAN 2020: 53rd ASEAN Foreign Ministers’ Meeting held online
AMM 53 is one of the highlights of Vietnam’s ASEAN Chairmanship this year. The event consists of 20 meetings via video conference, joined by 27 delegations from four continents of different time zones. They include the 21st ASEAN 3 Foreign Ministers’ Meeting, the 10th East Asia Summit Foreign Ministers’ Meeting, and the 27th ASEAN Regional Forum./.VNA … [Read more...] about ASEAN 2020: 53rd ASEAN Foreign Ministers’ Meeting held online
AMM 53: ASEAN-New Zealand Ministerial Meeting runs virtually
Hanoi (VNA) - The ASEAN-New Zealand Ministerial Meeting was held online within the framework of the 53rd ASEAN Ministerial Meeting (AMM-53) and related meetings on September 10. The two sides shared views on the positive progress in ASEAN-New Zealand cooperation over the past 45 years since their dialogue relationship, especially in five years from the formation of their strategic partnership. … [Read more...] about AMM 53: ASEAN-New Zealand Ministerial Meeting runs virtually
Vietnam shares COVID-19 response experience at G20 meeting
The Declaration also highlights the “vital role” of social protection, saying that “the COVID-19 pandemic has reinforced the need for strong social protection systems to support all workers and their families”. It commits the G20 to “adapting and improving our social protection systems to provide access to adequate social protection for all”, including women, youth, the self-employed, platform and own-account workers, and those in informal employment. VOV … [Read more...] about Vietnam shares COVID-19 response experience at G20 meeting
