According to ADB website, the project facilitates the implementation of reforms under subprogram 2 of Financial Sector Development and Inclusion Program (FSDIP). The TA will look to enhance the capacity of the implementing agencies to undertake the reforms. In particular, the TA will reduce the potential for financial instability by supporting the State Bank of Vietnam's efforts to address the non-performing loan (NPL) overhang and the need to restructure the banking sector. In addition, the TA will support the government's efforts to address the next set of development constraints by improving market liquidity, and supporting efforts to encourage the development of a professional institutional investor base. Finally, the TA will encourage financial inclusion through both traditional and nontraditional means.
Executing Agency: State Bank of Vietnam
47-49 Ly Thai To Street
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main