Asset quality at banks is deteriorating

Asset quality at banks is deteriorating

VCN - In the analysis report of the banking industry just released, SSI Research said that the market was starting to see difficulties among companies in raising capital (and restructuring debt) for their business.
What

What's new in the financial autonomy of public non-business units?

VCN - According to Nguyen Truong Giang, Director of the Finance and Administration Department of the Ministry of Finance, Decree No. 60 has specified guidelines and orientations on salary reform.
Instruct to handle project’s assets after completing

Instruct to handle project’s assets after completing

VCN- Recently, the Ministry of Health has sent an official letter to the Ministry of Finance asking about the asset handling of the project on prevention and control of infectious diseases in the Mekong sub-region in the second phase.
Financial sector: Control income and assets to prevent corruption

Financial sector: Control income and assets to prevent corruption

VCN- The financial sector in recent years has focused on actively implementing anti-corruption and waste prevention measures that have been proposed since the beginning of the year, thereby achieving remarkable results.
Regulation on the establishment and operation of the Asset Valuation Council

Regulation on the establishment and operation of the Asset Valuation Council

VCN- The Government has issued Decree 30/2018 / ND-CP detailing the establishment and operation of Asset Valuation Council.
What are conditions to do business on public rental properties?

What are conditions to do business on public rental properties?

VCN- Public assets at public non-business units can be rented in somes case approved by the State.
Centralized procurement of State assets can not exceed norms

Centralized procurement of State assets can not exceed norms

VCN- Therefore, there are no cases of the procurement of State assets that do not meet the needs or exceed the prescribed norms.
National-level centralized procurement of cars in 2017:  temporarily not approved

National-level centralized procurement of cars in 2017: temporarily not approved

VCN - The Ministry of Finance has sent official dispatches to guide the procurement of assets from the State budget in 2017
Vietnam’s banking sector looks stable for 2017 despite gloomy Southeast Asia outlook: Fitch

Vietnam’s banking sector looks stable for 2017 despite gloomy Southeast Asia outlook: Fitch

The country still needs to address a high ratio of non-performing loans and low profitability.
Leaders must be responsible for violations of public assets

Leaders must be responsible for violations of public assets

VCN- On the afternoon of September 27, 2016, the Ministry of Finance held a press conference on the Law on management and use of public assets (formerly known as the Law on management and use of State assets).
Who has the right to liquidate official State vehicles?

Who has the right to liquidate official State vehicles?

VCN- In response to relevant agencies questions about official State cars, the Ministry of Finance has provided the conditions, jurisdiction and procedures for liquidation of official State cars.
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