The amended Law on Credit Institutions, passed by the National Assembly, is gradually being put into practice, marking an important step forward in reforming Vietnam’s banking system as the economy integrates deeply into the global economy, having also just experienced unprecedented epidemics and natural disasters. People and businesses therefore continue to face many difficulties. The changes introduced by the Law on Credit Institutions aim to improve the management and operational efficiency of the banking system and resolve outstanding financial issues. They are expected to improve the handling of nonperforming loans and make it easier for people and businesses to access capital to recover from epidemics and natural disasters, promoting sustainable economic development.

Link: https://vtv.vn/video/hop-thu-truyen-hinh-luat-cac-to-chuc-tin-dung-phan-1-701430.htm

This is an automated translation. If you notice any errors, please contact the Department of Communications, National Economics University at phongtruyenthong@neu.edu.vn.