In order to learn more thoroughly about deposit insurance experience of Taiwan, Dr. Bui Khac Son, General Director of Deposit Insurance of Vietnam (DIV) led a delegation of two Vietnamese government officials and four DIV staff for a visit to Central Deposit Insurance Corporation (CDIC). CDIC prepared a presentation for the delegation, which covered the framework of Taiwan’s deposit insurance system, focusing on risk management and bank resolution mechanism. DIV and CDIC signed the Memorandum of Understanding on 15 December 2006. Since then DIV and CDIC have been transforming the spirit of the MOU into concrete steps of collaboration. This visit demonstrated the firm relationship between the two organizations and formed a mutually beneficial partnership through experience exchange.