The National Assembly has passed the Deposit Insurance Law consisting of 8 Chapters and 41 Articles. This Law takes effect from May 1, 2026.
This Law stipulates deposit insurance activities; the rights and obligations of depositors, deposit insurance participants, deposit insurance organizations and state management of deposit insurance.
This Law also applies to people insured for deposits, organizations participating in deposit insurance, deposit insurance organizations, agencies, organizations and other individuals related to deposit insurance activities.
Regarding investment activities, this Law stipulates that deposit insurance organizations are allowed to use operating capital, except for capital specified in Clause 2, Article 28 of this Law to purchase and sell Government bonds; purchase and sell Vietnam State Bank bills with credit institutions and foreign bank branches.
Depositing money at the State Bank of Vietnam; buying and selling bonds and deposit certificates issued by commercial banks held by the State with over 50% of charter capital, and joint-stock commercial banks held by state-owned enterprises with over 50% of charter capital.
Other investment activities according to Government regulations.
The Governor of the State Bank of Vietnam stipulates the investment method of deposit insurance organizations and the process of controlling and managing risks in investment activities of deposit insurance organizations.
Deposit insurance organizations decide on investment portfolio criteria, investment structure, and each investment item specified in this Law. Deposit insurance organizations must control and manage the risks of investments.
This law also stipulates the management and investment of state capital in deposit insurance organizations.
Accordingly, the principle of management and investment of state capital in deposit insurance organizations is to comply with the provisions of this Law, other relevant legal regulations and in accordance with the nature of non-profit operations of deposit insurance organizations.
The representative agency of the owner, state management agency does not directly interfere in the regular activities, investment activities, management and administration activities of the direct representative of the owner and other titles according to regulations on the organization and operation of deposit insurance organizations.
Management of state capital invested in deposit insurance organizations must be through the direct representative of the owner.
The Government agrees to exercise the rights and responsibilities of the state owner's representative in investing capital and managing state capital at deposit insurance organizations.
The Prime Minister, the State Bank of Vietnam, and the representative of the direct owner at the deposit insurance organization exercise the rights and responsibilities of the state owner's representative to the deposit insurance organization in accordance with the provisions of this Law and the Government's regulations.
The Government also stipulates the management and investment of capital, supervision, and evaluation of the effectiveness of state capital investment in deposit insurance organizations.
