Deadline for submitting mandatory transfer plan of 2 banks

PHẠM ĐÔNG |

The Government requested the State Bank of Vietnam to urgently submit a plan for the compulsory transfer of two specially controlled banks, before December 20.

On December 12, the Government Office announced that the Government has just issued Resolution No. 233/NQ-CP at the regular Government meeting in November 2024.

In the resolution, the Government requires strict implementation of the timely, complete and accurate announcement and disclosure of administrative procedures (AP) as prescribed; 100% of AP records must be received and processed on the AP handling information system at the ministerial and provincial levels and synchronized with the National Public Service Portal.

Closely coordinate with the Government Office to upgrade the National Database on Administrative Procedures, ensuring progress and required quality.

Focus on digitalization, complete the construction of national databases, specialized databases to ensure "correct, sufficient, clean, and alive". The Ministry of Public Security speeds up the construction of the National Data Center, put into operation in June 2025.

Continue to be proactive, resolute, and focus on resolving backlog projects, weak businesses, and banks. Focus on reviewing, classifying, and proposing mechanisms and policies to remove obstacles, complete them soon, put them into use, prevent waste, free up resources, and contribute to socio-economic development.

The Ministry of Industry and Trade presides over and coordinates with agencies and localities to actively organize concentrated promotional programs nationwide at the end of the year and the Lunar New Year 2025.

The State Bank of Vietnam has directed credit institutions to promote lending to serve production, business, and consumer needs at the end of the year and the Lunar New Year 2025.

Research and develop credit products and banking services specifically for the consumer sector, creating favorable conditions for people and businesses to access loans to promote consumption and economic development.

The State Bank of Vietnam urgently submits before December 20, 2024 a plan for compulsory transfer of the remaining two specially controlled banks (Global Petroleum Joint Stock Commercial Bank, Dong A Commercial Joint Stock Bank).

At the same time, promptly implement according to authority or submit to competent authority a handling plan for Saigon Commercial Joint Stock Bank, without further delay.

The State Bank of Vietnam presides over and coordinates with relevant agencies to regulate exchange rates and interest rates in accordance with macroeconomic developments and set goals, maintaining stability in the monetary, foreign exchange, and gold markets and the safety of the credit institution system.

Timely manage credit growth, support production and business development, and achieve the credit growth target of 15% by 2024.

At the same time, direct credit institutions to continue to strive to reduce lending interest rates; focus credit on production and business sectors, priority sectors, and economic growth drivers; strictly control credit for potentially risky sectors.

The Ministry of Transport and localities promptly handle difficulties and obstacles, focus on compensation and site clearance, and speed up the progress of strategic and important national transport projects, airports, seaports, highways, inter-regional and inter-provincial projects.

Actively prepare for investment in a number of important railway projects, especially the North-South high-speed railway, railways connecting Vietnam and China, urban railways in Hanoi and Ho Chi Minh City, expressways in the 2026-2030 period, and upgrade and expand expressways that have been invested in on a phased scale to a complete scale according to the plan.

PHẠM ĐÔNG
TIN LIÊN QUAN

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PHẠM ĐÔNG |

The Deputy Prime Minister requested that the restructuring and streamlining of the Ministry of Finance's apparatus be drastic and quick, but must ensure normal operations.

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PHẠM ĐÔNG |

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