The State Bank of Vietnam stipulates that each customer can borrow a maximum of 100 million VND from a peer-to-peer lending company during the pilot period.
CIC collects 9 categories of information from credit institutions, including customer identification, credit contracts, and credit cards, but not card numbers, security codes, or payment transaction history.
Nguyen Thi Hong joins the US Federal Reserve chair and the governor of Denmark's central bank as one of three governors to receive Global Finance's highest rating.
The state bank of Vietnam has been tasked with increasing inspections and taking strict action against manipulation and hoarding that destabilize the gold market.