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Update news state bank of vn
The State Bank of Vietnam has said it will not cap foreign ownership of companies in the payment services industry in its draft decree to replace Decree No.101.
The State Bank of Vietnam (SBV) ranks first among 19 ministries and ministry-level agencies while the central city of Da Nang tops 63 provinces and cities in the Public Administration Reform Index 2016 (PAR Index 2016).
Experts say the new mechanism for exchange rate introduced by the State Bank of Vietnam (SBV) has created flexibility, enabling both credit institutions and enterprises to exercise greater control over their business operations.