Vietnamese Lawmakers Discuss Measures to Strengthen Banking System Safety

During the first extraordinary session of the 16th National Assembly, Vietnamese lawmakers discussed a draft law aimed at amending and supplementing existing legislation related to the State Bank of Vietnam, anti-money laundering, and credit institutions. The discussions focused on enhancing safeguards for the banking system and establishing a robust legal framework for emerging financial activities, including provisions to control conflicts of interest when commercial banks act as agents managing collateral for corporate bonds.