Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop
Financial crimes risk management jobs
VIETNAM BUSINESS NEWS JANUARY 27
Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 27
Securing Payments in Asia: Omise Integrates the EMV 3DS 2.2 Protocol Using Netcetera’s 3DS Server
The Payment Service Provider Omise has implemented the Netcetera 3-D Secure Server to secure online payment transactions in the APAC region. Netcetera, a market leader for digital payment solutions, offers certified products for 3DS payment processing, and promotes secure and frictionless consumer authentication. With the go-live beginning of January 2021, Omise is among the first PSP customers to implement the latest EMV(R) 3DS 2.2 protocol, enabling them to increase the approval rates and reduce fraud. … [Read more...] about Securing Payments in Asia: Omise Integrates the EMV 3DS 2.2 Protocol Using Netcetera’s 3DS Server
Vietnam’s foreign debts under control
A representative of the International Monetary Fund said that Viet Nam's current foreign debt management mechanism has not focused on sources of risk. Short-term loans are less managed than long-term ones; no self-insurance requirement as well as a clear regulatory change strategy in response to vulnerability risks. … [Read more...] about Vietnam’s foreign debts under control
Viet Nam’s foreign debts under control
A representative of the International Monetary Fund said that Viet Nam's current foreign debt management mechanism has not focused on sources of risk. Short-term loans are less managed than long-term ones; no self-insurance requirement as well as a clear regulatory change strategy in response to vulnerability risks. … [Read more...] about Viet Nam’s foreign debts under control