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The AIC case in Ho Chi Minh City has exposed how a company can manipulate public procurement processes with insider complicity.

"Vietnam's current imperative extends beyond mere growth; it demands an economy characterized by transparency and depth, capable of attracting long-term capital investment," stated Kevin Kwon, CEO of Prudential Vietnam, during the Vietnam Future Economy Summit hosted by Bloomberg Businessweek.

According to the Governor, Vietnam currently operates under a flat-rate fee mechanism for deposit insurance. As conditions permit, the country may gradually transition to a differentiated deposit insurance fee structure. This shift aims to incentivize well-performing credit institutions by reducing their deposit insurance costs.