The State Bank of Vietnam (SBV) revealed on July 23 that a new Financial Sector Assessment Programme (FSAP) had been set up and a leadership team appointed.
FSAPs are a joint initiative set up in 1999 by the World Bank and the International Monetary Fund (IMF). They offer comprehensive and in-depth analysis of a country's financial sector and are a 'key instrument' of the IMF's surveillance of a country.
The programme has been in the works for a few months now, with governor Nguyen Van Binh form
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