CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Banking & Finance
Business, bank restructuring efforts receive a boost
09:24, 2014/06/06
The Japan International Cooperation Agency (JICA) held a seminar in Hanoi, launching two projects to accelerate the restructuring of State-owned enterprises (SOEs) and credit organisations.
The Ministry of Finance (MoF) undertakes a project to improve the financial management capacity building of SOEs, while the State Bank of Vietnam carried out a project to support the restructuring of the banking system.
 
 
The projects will be rolled out over the next three years till 2017.
Addressing the seminar, MoF Deputy Minister Tran Van Hieu affirmed that the Vietnamese Government is implementing its economic restructuring programme targeting three key pillars: public investments, SOEs, primarily economic groups and State corporations, and credit organisations.
The three key areas will be carried out in a synchronous manner along with an appropriate fiscal and monetary policy, in order to increase the operational efficiency and competitiveness of SOEs and banks, he said. 
During the seminar, Japanese experts shared experiences in dealing with non-performing loans and restructuring businesses in Japan. They also proposed some solutions for implementing these two projects effectively. 
Comments
Other news
16:48, 2025/02/27
Local banks cut interest rates in response to PM’s request
The rate cuts come in response to the Prime Minister’s directive to inspect and review banks that have recently increased deposit rates.
15:51, 2025/02/24
Vietnam set to have digital banks within financial centers
Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.
14:30, 2025/02/15
Hanoi expands cashless parking pilot program
Hanoi is advancing its efforts to integrate technology into urban management by expanding the pilot program for cashless parking payments throughout the city.
16:58, 2025/02/11
Prime Minister urges banks to prioritize economic support over profits
One of the key priorities for the banking sector is to support small and medium-sized enterprises (SMEs), as they generate a large number of jobs and contribute significantly to the economy.
17:23, 2025/02/07
Vietnamese Gov’t forecasts CPI growth of up to 4.5% in 2025
With the goal of at least 8% GDP growth, the money supply in the economy will be significantly larger than in 2024. This will have an impact on price indices, particularly consumer prices.
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.