Amid growing climate challenges and the global shift towards sustainable development, green credit has emerged as a key pillar of Vietnam’s financial system.

Malaysia's financial system and equity market have continued to function in a sound and orderly manner without any disruption to financial intermediation, according to Malaysian Finance Minister Zafrul Abdul Aziz.

The 23rd ASEAN Finance Ministers’ and Central Bank Governors’ Meeting Plus Three (AFMGM+3) was held virtually on September 18, with discussions focusing on a wide range of measures to promote regional economic growth.

Thailand’s financial system has become more vulnerable due to the more-than-expected contraction of the country’s economic outlook due to impacts caused by the COVID-19 pandemic, according to the Bank of Thailand (BoT).

Indonesia's central bank (BI) is ready to further finance the government's budget deficit and "share the burden" in the fight against the COVID-19 pandemic, BI Governor Perry Warjiyo said on June 27.

The Financial System Stability Committee (KSSK) of Indonesia has warned that the COVID-19 pandemic is threatening the stability of the country’s financial system as it causes a supply-demand shock and weakens financial industry and macro-economy.

The foreign currency reserves of Indonesia last month reached 131.7 billion USD, nearing the 131.9 record level in January 2018 and 2.5 billion USD higher than the figure of the end of last year, the Bank Indonesia (BI) reported on February 7.

The "Vietnam: Strengthening banking sector soundness and development" project is expected to help the State Bank of Vietnam to better anticipate and increase resilience to shocks.

The WB, in partnership with the Ministry of Finance, launched the Reports on the Observance of Standards and Codes (ROSC) in accounting and auditing in a ceremony in Hanoi on December 14.

Singapore will intensify measures to fight money laundering and terrorism financing in response to the latest warnings of the Financial Action Task Force (FATF).

National Assembly (NA) Vice Chairman Phung Quoc Hien has urged the State Audit of Vietnam (SAV) to closely monitor national assets.

Risk management is now an important part of Vietnam’s financial system after some banks suffered high losses and capital deficits, and merged with other banks.