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The maximum credit exposure for a single borrower would not exceed 38 per cent of a bank’s owned capital, while lending to a borrower and related parties would be capped at 52 per cent of bank capital when financing large projects in the city.

Việt Nam is positioning its international financial centre to tap shifting global capital flows, focusing on niche segments, competitive costs and a modern regulatory framework to attract strategic investors.

While digital assets are widely viewed as a promising sector that could contribute to economic growth, concerns remain among investors about transparency and safety in a transitional regulatory environment.

Covering nearly five hectares, the project has a total investment of more than VNĐ5.431 trillion and is expected to accommodate around 7,960 residents.

The signing ceremony was attended by Deputy Minister of Finance Trần Quốc Phương and Kobayashi Yosuke, Chief Representative of the JICA Việt Nam Office.

Cần Thơ City People’s Committee and T&T Group on March 31 signed a cooperation agreement to explore potential for the development of major infrastructure, energy and urban projects in the southwestern city.

By 2030, the programme targets training at least 10,000 executives nationwide, with at least 25 per cent female participation.

Beginning April 1, payment account names at commercial banks must fully match information on citizens’ identity cards under new regulations on non-cash payment services.

The Việt Nam National Industry – Energy Group (Petrovietnam) will take the lead, coordinating with relevant agencies and Thanh Hóa Province.

Positive momentum was underpinned by easing geopolitical tensions in the Middle East, which supported a strong finish on the US market at the end of March and helped buoy sentiment across regional bourses.