August sees sharp rise in new enterprises, registered capital

As many as 20,500 new enterprises were established across the country in August with total registered capital of VNĐ326.1 trillion (US$12.3 billion), up 23.9 per cent in number and nearly 2.8 times in capital compared with July, according to the National Statistics Office (NSO) under the Ministry of Finance.

SBV Governor Nguyễn Thị Hồng rated A+ by Global Finance

Grades are based on an “A+” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability, interest rate management and political independence. “A” represents an excellent performance, down through “F” for outright failure.

International Financial Centre: A hard nut to crack for banks

The SBV’s draft decree stipulates that member banks of the IFC will not benefit from early intervention, special control measures, restructuring support, or special loans in case of distress. Instead, the resolution approach will be license revocation, dissolution, bankruptcy, and asset liquidation.

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