RoK asks Indonesia, Vietnam to boost financial cooperation

20:31 | 21/03/2019 Finance Follow english.haiquanonline.com.vn on

The Republic of Korea's Financial Supervisory Service (FSS) said on March 21 that it has asked Indonesia and Vietnam to step up cooperation in the financial sector, in line with Seoul's policy aimed at deepening ties with Southeast Asia.

rok asks indonesia vietnam to boost financial cooperation

Yonhap news agency cited a FSS statement as saying that Yoo Kwang-yeol, first senior deputy governor of the FSS, is on a five-day visit to Indonesia and Vietnam from March 19 during which he discussed issues of mutual concern with his counterparts.

In Indonesia, Yoo and Wimboh Santoso, head of the Southeast Asian country's financial regulator, agreed to bolster cooperation in the sectors of fintech and supervision of cryptocurrencies.

Meanwhile, in Vietnam, the FSS official asked his Vietnamese counterparts to lend more support to Korean financial firms doing business there.

The RoK has sought stronger economic relations with Southeast Asian nations under President Moon Jae-in's New Southern Policy.

Source: VNA

Tags:

Related News

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

16:30 | 15/02/2025 Import-Export

VCN - Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.

Imported automobiles show a declining trend in early December

15:30 | 31/12/2024 Import-Export

VCN - The volume of completely built-up (CBU) automobiles imported into Vietnam witnessed a sharp decline in the first half of December 2024, according to preliminary statistics released by the General Department of Vietnam Customs

Vietnam, Korea Customs sign AEO MRA

11:07 | 26/12/2024 Customs

VCN- The Director General of the General Department of Vietnam Customs (GDVC), Mr Nguyen Van Tho, and the Commissioner of Korea Customs Service (KCS), Mr Ko Kwang Hyo, signed the Authorized Economic Operator Mutual Recognition Agreement (AEO MRA) on the afternoon of December 24, at the GDVC’s headquarters.

Prioritizing semiconductor workforce training

09:16 | 15/12/2024 Headlines

VCN - Vietnam is well-positioned to participate deeply in the global semiconductor industry. Experts believe that developing a skilled workforce in microchips and semiconductors should be a long-term priority to effectively capitalize on this opportunity.

Latest News

Personal income tax proposed for interest on some bank savings accounts

10:31 | 20/02/2025 Finance

Instead of the current personal income tax exemption on interest from all individual bank savings accounts, the proposal would exempt tax only for low amounts of savings.

Banks set for aggressive bond issuance in 2025 to fuel growth

16:20 | 19/02/2025 Finance

With a higher credit growth goal set by the SBV, banks are ramping up their efforts to secure funding through bond issuance.

Central bank cuts interest rate on bills for first time in 2025

15:30 | 18/02/2025 Finance

According to data from the financial data provider Wichart, the SBV issued VNĐ19.6 trillion of bills in the past week. The interest rate on the bills decreased by 0.1 percentage point, from 4 per cent to 3.9 per cent on February 14.

Focusing on inspecting inventory of public assets at units with large and complex assets

16:31 | 15/02/2025 Finance

VCN - According to Official Dispatch No. 1456/BTC-QLCS on inspecting the preparation and implementation of the General Inventory of Public Assets recently issued by the Ministry of Finance, the inspection of the inventory of public assets focuses on units with large asset scale and large number of inventory items, complex assets, and slow implementation progress.

More News

The government seeks approval for revised GDP, CPI targets

16:28 | 15/02/2025 Finance

VCN - The Government submitted to the National Assembly for consideration and comments on adjusting the target for the growth rate of gross domestic product (GDP) to 8% or more; the average growth rate of the consumer price index (CPI) to about 4.5-5%.

Fiscal, monetary policies support demand stimulation, price stabilisation

14:49 | 14/02/2025 Finance

These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people’s livelihoods.

Vietnam secures VND 157 billion from state enterprise divestment in 2024

09:16 | 14/02/2025 Finance

VCN - The Ministry of Finance reported that in 2024, the divestment of state capital in 5 enterprises (F1) generated VND 157 billion from an initial value of VND 145 billion

Vietnam gears up for potential inflation impact in 2025

14:26 | 11/02/2025 Finance

VCN - For sound price management and inflation control, Deputy Prime Minister Ho Duc Phoc directed officials to vigilantly track both domestic and international market dynamics. The goal is to proactively develop flexible strategies and solutions, enabling a swift response to any emerging challenges.

VN’s credit conditions in 2025 expected to be stable

14:24 | 11/02/2025 Finance

The credit conditions for Việt Nam will stabilise in 2025, after improving substantially over the past year, the rating agency VIS is forcasts.

State revenue in first month of the year equal to 14% of the estimate

10:12 | 11/02/2025 Finance

VCN - According to the Ministry of Finance, in January - the first month of 2025, the total state budget revenue is estimated at VND275.9 trillion, equal to 14% of the estimate; meanwhile, the total state budget expenditure is estimated at VND134.4 trillion.

Securities 2025 expects a breakthrough in scale and quality

14:37 | 10/02/2025 Finance

VCN – The positive factors inherent in the macro economy and the Vietnamese stock market will continue to create the foundation for the market to maintain stability, good liquidity, and growth in both scale and quality in the new year of At Ty 2025, Chairwoman of the State Securities Commission Vu Thi Chan Phuong said.

Cash reserves in stock accounts at six-quarter low amid margin rise

08:23 | 10/02/2025 Finance

These funds are readily available in investor accounts, but remained undeployed as of the year-end.

Five solutions for developing stock market in 2025

10:01 | 07/02/2025 Finance

VCN - On February 5, 2025, at the Gong-beating ceremony to open the stock trading at the Ho Chi Minh City Stock Exchange (HOSE), Deputy Minister of Finance Nguyen Duc Chi introduced five solutions for comprehensive development of the stock market.

Your care

Latest Most read