credit institutions

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

Credit institutions must declare and pay taxes before collateral settlement

09:17 | 03/06/2022 Regulations

VCN - If the taxpayer has not declared and paid enough tax to the customs authority, the credit institution must declare and fully pay tax, before collateral settlement.

Banks look for a "chance" to make profits outside of credit

19:59 | 29/04/2022 Finance

VCN - In the first months of 2022, many banks have made moves to "tighten" the disbursement of real estate loans and corporate bonds in the face of risks from the market and warnings from management agencies.

Credit institutions predict higher credit risks in H1

19:50 | 08/01/2022 Finance

Credit institutions warn of a continuous increase in credit risks in the first half of 2022, according to a survey on credit trends by the State Bank of Vietnam’s Forecast and Statistics Department.

Nearly half of corporate bonds do not have collateral

10:30 | 09/12/2021 Finance

The Ministry of Finance stated that through management and supervision, it was able to show that the corporate bond market still has some potential risks

The Ministry of Finance is not responsible for chairing, studying and proposing the establishment of a debt trading market

09:44 | 15/08/2021 Finance

This is the affirmation of the Ministry of Finance regarding the issue of establishing a debt trading market, which is attracting public attention.

State Bank wants to 'legalize' bad debt handling

20:04 | 14/08/2021 Finance

The State Bank of Vietnam (SBV) has officially proposed a Law on Handling Bad Debts of Credit Institutions (CIs), when the Covid-19 pandemic may increase bad debts

Credit institutions asked to tighten loans in “overheating” sectors: SBV

20:17 | 13/05/2021 Finance

The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector.

The Ministry of Finance: Strictly handling cases of forcing customers to buy insurance when borrowing capital

09:43 | 10/05/2021 Finance

The Ministry of Finance will strengthen management and supervision of selling insurance activities of agents as credit institutions.

How are 17 important banks doing business in 2021?

09:59 | 06/04/2021 Finance

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has just approved 17 credit institutions and branches of foreign banks by 2021.

Non-Performing Loans remain hidden, concerning about BOT credit

20:45 | 30/05/2020 Headlines

VCN- According to the report, the non-performing loan(NPL) ratio of credit institutions (CIs) by the end of March 2020 was 1.77%. This ratio remained below 3% as set out in the target, it increased slightly compared to the end of 2019 (1.63%).

Credit institutions expect rosy prospects for 2019

19:59 | 06/10/2019 Finance

Most of credit institutions have expected better business performance for the fourth quarter as well as the whole of 2019, according to a recent survey by the State Bank of Vietnam.

Credit institutions expect better results in Q2

19:42 | 08/04/2019 Finance

As many as 81 per cent of local credit institutions put high hopes on further improvement in their operations in the first quarter of 2019 whilst 88 per cent of them expect their business for the whole year to get better against the previous year, accordi

Credit institutions expect better performance in 2019: survey

20:36 | 14/01/2019 Finance

Most of credit organisations expect their business performance will keep improving in 2019 according to the central bank Monetary Forecasting and Statistics Department

AMC is entitled to purchase debts of other credit institutions

18:39 | 23/09/2018 Finance

VCN - The Ministry of Finance has finalized and consulted the public on the draft circular guiding the financial regime for debt and asset management companies (AMC) under commercial banks.