Deposit Insurance of Vietnam (DIV) plans to implement a risk based premium system for the coming year. In developing a workable program, which promotes sound risk management in the financial system, a delegation from DIV came to Central Deposit Insurance Corporation, Taiwan to have a comprehensive study on the deposit insurance system in Taiwan.
CDIC organized a 4-day intensive courses on the subjects of the legal framework for deposit insurance, supervision operation, early-warning system, risk-based premium system, financial assistance, bank resolution, treasury and investment activities, a brief introduction on I.T system and PR activities of CDIC. It was held from 6-9 June 2006 at the CDIC headquarter in Taipei, Taiwan. Nine members from DIV including the head of the delegation, Mr. Nguyen Manh Dung, Deputy General Director of DIV, participated in the training program.
The course also involved a visit to the Banking Bureau and Financial Examination Bureau of Financial Supervisory Committee to exchange the experience with DIV on financial supervision in both countries.