Tue. Dec 12th, 2023

Vietnam aims to develop a national credit information database to
assist the State Bank of Vietnam (SBV) to manage and oversee the local
banking system.

According to the SBV, the national credit
information database is to help credit institution prevent and reduce
risks during their operation as well as aid borrowers in accessing bank
credit, thus contributing to the socio-economic development of the
country.-VNA

By vivian