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Vietnam’s central bank proposes using credit scoring to manage banking activities

HANOI, May 22 (Xinhua) — The State Bank of Vietnam has proposed using credit scoring to better manage the banking sector and promote the development of finance and fintech companies, Vietnam News reported Wednesday.

The newspaper cited Chau Dinh Linh, a lecturer at Ho Chi Minh City Banking University, as saying that the credit scoring model was a tool that helps lenders know when to lend, in what amount and wha