VAMC targets to settle VND50 trillion of bad debts this year

VAMC targets to settle VND50 trillion of bad debts this year

The Vietnam Asset Management Company VAMC targeted to settle bad debts worth totally 50 trillion VND this year
Do not exclude liability for individuals causing bad debts

Do not exclude liability for individuals causing bad debts

VCN- The mechanisms, policies and legislation on the handling of bad debts have not been finalized and legal provisions on bad debts are still inadequate.
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