New wholly foreign owned banks might cease to emerge
The Government will not likely grant any more business licenses for banks with 100 per cent foreign capital, according to Deputy Prime Minister Vuong Dinh Hue.
The Government will not likely grant any more business licenses for banks with 100 per cent foreign capital, according to Deputy Prime Minister Vuong Dinh Hue.
Deputy Prime Minister Vuong Dinh Hue has urged the Ministry of Justice to chair and coordinate with the State Bank to urgently research and finalize the legal framework for managing virtual currencies in Vietnam and report to the Prime Minister by January 30, 2018.
Deputy Prime Minister Vuong Dinh Hue has approved the equitization plan of Hanoi Trade Corporation (Hapro) and Hapro's charter capital after equitization is estimated at VND2.2 trillion (US$97 million) accordingly.
Tourism and related services could make up for the drop in crude oil output, given the sector's growing share in the economy, according to Deputy Prime Minister Vuong Dinh Hue.
On the afternoon of September 28, Deputy Prime Minister Vuong Dinh Hue chaired a meeting of the National Financial and Monetary Policy Advisory Council on assessing the macroeconomic indicators in the third quarter and the first 9 months of 2017.
During the visit to Belgium and the European Union, Deputy Prime Minister Vuong Dinh Hue and Vice President of European Commission Jyrki Kaitanen unanimously push for final procedures to approve and ratify the Vietnam - EU Free Trade Agreement.