Banking supervision Agency Vietnam

The Socialist Republic of Vietnam, with the project owner as the Bank for Investment and Development of Vietnam, has received a credit from the International Development Association of the World Bank Group for implementation of the Third Rural Finance Project (RF III). A part of the credit is converted into a grant from the Government budget to finance the payment under the contract for "Strengthening the capacity of supervision and inspection on micro-finance and technical assistance to the BSA". The services include: (i) assessing the regulations and processes of licensing, regulating, inspecting, supervising Micro Finance Institutions (MFIs), People's Credit Funds (PCFs) and Central Credit Fund (CCF)/cooperative bank to evaluate the appropriateness and conformity with international practices in order to provide recommendations and propose a roadmap to strengthen and improve these regulations and processes; (ii) assessing the capacity of licensing, regulating, inspecting, supervising MFIs, PCFs and CCF/cooperative bank then recommending a roadmap to improve the capacity for BSA and SBV branches' inspection, supervision unit inclusive of preparation of training program and training materials; and (iii) Conducting training on practices and skills of licensing, regulating, inspecting and supervising for related staff.