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HCM City (VNA) - Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20. Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu considered abolishing black credit as one of the important tasks that has been continuously implemented across the whole credit institution system in Vietnam. In recent years, the SBV and credit institutions in localities have been cocoordinating with the Ministry of Public Security and local authorities in implementing drastic measures to limit black credit. In the future, the SBV will continue improving the awareness of local people about credit policies, loan packages and procedures for loan applications so that local people could easily access bank loans. Meanwhile, the State Bank will study and soon complete legal documents … [Read more...] about Promoting consumer finance to fight black credit: experts

Together with carrying out existing coordination mechanisms, the two sides regularly exchanged information relating to the COVID-19 pandemic situation through different channels, thus developing suitable measures to effectively prevent the disease. They strictly maintained law enforcement in border areas to prevent illegal border crossing, presented medical supplies to assist each other’s efforts in controlling the pandemic, and effectively combated crimes, so as to build a shared borderline of peace, friendship, cooperation, and development. … [Read more...] about Vietnam and China kick-starts joint border patrols in 2021

Senior Investigating Officer, Detective Chief Inspector Daniel Stoten of the Kent and Essex Serious Crime Directorate, added: “I welcome the sentences given today, a reflection of both the serious criminality and the tragic nature of this case.  … [Read more...] about Seven jailed over Vietnamese lorry deaths