Central bank proposes stricter rating rules for foreign investors buying bank shares

Central bank proposes stricter rating rules for foreign investors buying bank shares

Central bank proposes stricter rating rules for foreign investors buying bank shares

The State Bank of Vietnam is seeking comments on a draft decree that would require foreign organisations acquiring 10 per cent or more of the charter capital of Vietnamese credit institutions to meet clearer credit-rating standards, while cutting the approval time for such transactions from 40 days to 19 working days.

NA Chairman calls on Hanoi to turn master plan vision into tangible development projects

NA Chairman calls on Hanoi to turn master plan vision into tangible development projects

NA Chairman calls on Hanoi to turn master plan vision into tangible development projects

Chairman Man described the publication of the master plan as more than the unveiling of a development blueprint. It sends a strong message of action and demonstrates the city's determination to translate the resolutions of the 14th National Party Congress and the 18th Hanoi Party Congress into reality, in line with Party General Secretary and State President To Lam’s directive that “Hanoi must do what it commits to do, do it quickly, correctly, effectively and thoroughly.”