An upheaval called biometric authentication

The latest report from the SBV showed that after half a month of implementing biometrics, only two banks saw a biometric registration rate of over 20 per cent, and four other banks had a rate of over 10 per cent. Meanwhile, the remaining banks recorded a rate of less than 10 per cent.

Consumer finance lending needs a separate law

Experts have proposed the Government issue a separate law for the consumer finance lending, entitled the Financial Consumer Protection Law, to help the sector develop healthily and sustainably.

Livestreaming under scrutiny to increase tax management efficiency

The General Department of Taxation has sent an official dispatch to ask local tax departments to carry out comprehensive inspections of tax declarations and payments, as well as the use of e-invoices by organisations, individuals and business households operating on e-commerce platforms.

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