Customs creates maximum facilitation for agricultural exports Goods imported from export processing enterprises must pay tax Saigontex 2023 attracts over 1,300 domestic, foreign businesses
Handling bonded debt by real estate will speed up the settlement of bad debt

Handling bonded debt by real estate will speed up the settlement of bad debt

13:43 | 27/03/2023 Finance

One of the most important points of Decree 08/2023/NĐ-CP amendments to some articles of decree prescribing the private placement and trading of privately placed corporate bonds is allowing swaps of bonded debt with real estate.
National Assembly member: exports have increased strongly but depend on FDI

National Assembly member: exports have increased strongly but depend on FDI

10:03 | 10/06/2022 Import-Export

VCN - This enterprise cited, in 2021, the FDI sector contributed to 74% of total export turnover. This reflects that exports are heavily dependent on the foreign-invested economic sector, but it is also creating many potential uncertainties for the econom
Worries about potential bad debt in the future

Worries about potential bad debt in the future

10:55 | 02/06/2022 Finance

VCN - By the end of the first quarter of 2022, the bad debt ratio at many banks has tended to increase, while many forecasts have raised concerns that this problem will increase when the potential bad debt and bad debt from the restructured debt will disc
Government reports on extending application of Resolution 42

Government reports on extending application of Resolution 42

20:13 | 26/05/2022 Finance

VCN - The Government has reported to the National Assembly on extending the application of Resolution 42 on the pilot of the bad debt settlement of credit institutions until December 31, 2023.
NA agrees to extend pilot resolution on bad debt settlement until end 2023

NA agrees to extend pilot resolution on bad debt settlement until end 2023

16:57 | 16/04/2022 Headlines

The National Assembly (NA)’s Standing Committee has agreed to extend a pilot resolution on bad debt settlement until the end of 2023 instead of this year.
Law on bad debt settlement urgently needed: experts

Law on bad debt settlement urgently needed: experts

15:12 | 27/02/2022 Finance

Experts said a law on bad debt settlement should be put in place before two regulations expire in six months.
Banks

Banks' bad debt continues to increase

09:56 | 30/11/2021 Finance

Not only wanting to legislate Resolution 42 on dealing with bad debts, banks also expect a more developed debt trading market, with a mechanism to support banks in handling bad debts effectively.
HCM City Customs Department collects outstanding debts and prevents bad debts

HCM City Customs Department collects outstanding debts and prevents bad debts

10:17 | 23/11/2021 Customs

VCN – In 2021, the General Department of Vietnam Customs (GDVC) assigned the target of VND1,041 billion in outstanding debt collection to HCM City Customs Department.
Banks raise provisions in anticipation of bad debt

Banks raise provisions in anticipation of bad debt

14:56 | 11/11/2021 Finance

In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.
Central bank proposes new law on bad debt settlement

Central bank proposes new law on bad debt settlement

20:25 | 08/10/2021 Finance

The State Bank of Vietnam (SBV) has proposed to issue a separate law on bad debt settlement. The new law would be based on the provisions of Resolution 42/2017/QH14 to ease the work of settling bad debts.
Dr Le Xuan Nghia: Debt charge-off is not easy

Dr Le Xuan Nghia: Debt charge-off is not easy

09:17 | 04/09/2021 Finance

VCN- Bad debt is in danger of increasing rapidly. The complex developments of the Covid-19 pandemic make debt restructuring an ineffective solution, so both firms and banks want to charge off debts. However, this is not easy, even very difficult because o
Support package of VND26,000 billion: Loosening conditions, some businesses still have difficulties in access

Support package of VND26,000 billion: Loosening conditions, some businesses still have difficulties in access

09:30 | 03/08/2021 Import-Export

With a support package of VND26,000 billion, businesses can borrow loans at 0% interest rate at the Bank for Social Policies and do not have to guarantee the loan, to pay wages for workers
Credit limits may increase in 4Q

Credit limits may increase in 4Q

19:48 | 20/11/2020 Finance

VCN-SSI assessed the overall outlook for the banking sector is better than previously anticipated due to limited impact from Covid-19 second wave.
Banks step up bad debt resolution

Banks step up bad debt resolution

20:37 | 01/07/2020 Finance

Some banks are speeding up the recovery of non performing loans NPLs this year despite the impacts of the COVID 19 pandemic
Some banks recall bad debts

Some banks recall bad debts

09:39 | 26/04/2020 Finance

Most financial reports in 2019 of banks are unqualified opinion. However, there are still cases noting issues related to bad debts such as debt classification and provision.
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