Look At Vietnam

Tag: transactions

Decision issued to regulate OTC transactions

December 3, 2008  . Filed under Business, News

Decision issued to regulate OTC transactions

The Ministry of Finance issued Decision No 108/2008/QD-BTC on November 20, regulating the trading of unlisted securities at the Ha Noi Securities Trading Centre (HASTC), otherwise known as the “over-the-counter” (OTC) market. Investors will be offered special incentives to develop accommodations for workers in industrial parks.Investors will be offered... Read more

Central bank says no to charging ATM transactions

November 28, 2008  . Filed under Business, News

Central bank says no to charging ATM transactions

The State Bank of Vietnam rejected for the second time in five months a proposal by commercial banks to charge customers for using automated teller machines (ATMs). The governor Nguyen Van Giau said in a statement posted on the central bank’s website that he rejected it considering the low quality of the country’s... Read more