debts

VAMC aims to resolve 50 trillion VND of bad debts this year

20:21 | 18/05/2019 Finance

The Vietnam Asset Management Company (VAMC) plans to handle some 50 trillion VND (2.14 billion USD) worth of bad debts in 2019, and issue special bonds to purchase 20 trillion VND (856 million USD) of non-performing loans.

US$8.8 billion of bad debts settled

19:55 | 02/04/2019 Finance

The entire system of credit institutions handled VND204.4 trillion of bad debts (US$8.8 billion) by January 31, equivalent to 40.1 per cent of the total bad debts as defined in the National Assembly’s Resolution No. 42/2017/QH.

Banks hold auctions to cut bad debts

20:00 | 15/02/2019 Finance

Some banks are putting assets secured with non-performing loans worth hundreds of billions of Vietnamese dong up for auction in the first days of the Lunar New Year to speed up the resolution of bad debts.

Ho Chi Minh City: Focus on handling outstanding debts and preventing budget revenue losses

15:39 | 13/12/2018 Finance

VCN - In order to strive to exceed state budget revenue in 2018, HCM City People's Committee has just directed HCMC Tax Department to implement the task of combating against state revenue loss, handling outstanding tax debts, fulfilling the inspection pla

Bad debts landscape at small banks

14:53 | 01/09/2018 Finance

There has been great variations in small banks’ bad debts performance in the first half, with some showing great improvements, while others struggle to cope.

Credit in the first 5 months up by 6.16%

15:44 | 12/06/2018 Finance

VCN - According to the State Bank of Vietnam (SBV), in the first months of 2018, results of monetary policy and banking operations have been on the right track.

Bad debts and risk provisions remain on top of banks’ agenda

18:11 | 18/03/2018 Finance

Throughout the AGM season, bad debt resolution and risk provisions were the most worrisome issues emerging in the banking sector in since the beginning of 2017.

The importer of Rolls Royce owes tax debts of nearly 2 billion VND

10:08 | 07/02/2018 Customs

Regal Motor Cars Corp., (Hanoi) – the importer of Rolls Royce still owes tax debts of nearly 2 billion VND

Debt securitization to develop centralized debt trading market

07:47 | 02/01/2018 Finance

VCN - Securitization is considered as a condition which helps to develop the debt trading market by creating commodities for the debt trading market.

Banks still struggling to settle bad debts

19:54 | 28/12/2017 Finance

Sacombank and VP Bank are leading the list of banks with the highest NPL non performing loans ratios

Hanoi Tax Department: Many revenues were at sustainable growth

07:36 | 08/08/2017 Finance

VCN - According to the latest report from Hanoi Tax Department, in the first seven months of the year, its total revenue was estimated at 107,785 billion VND (reaching 57.5% of the assigned estimate, up by 18.4% over the same period last year).

Secretary of Hanoi Party Committee: Tax authority must set the service goal as a prerequisite

09:47 | 03/08/2017 Finance

VCN – On the afternoon of August 1, 2017, the Politburo member, Secretary of Hanoi Party Committee Hoang Trung Hai had a meeting with the Hanoi Tax Department on the situation of the implementation of political tasks in the first 7 months and key tasks fo

Reducing social insurance arrears by database of the Tax agencies

09:38 | 24/02/2017 Finance

VCN - More than 400 billion vnd of social insurance debts, health insurance debts and unemployment insurance debts for the past 2 years were collected.

The Minister of Finance, Mr. Dinh Tien Dung: Restructuring public debts effectively

19:55 | 10/01/2017 Finance

VCN- Mr. Dinh Tien Dung affirmed the above content with the press on the sidelines of the conference on reviewing the Finance - State budget in 2016.

Closely supervise the debts for fully recoveringthebudget

15:10 | 17/10/2016 Finance

VCN- At the the Ministry of Finance regular pressconference on the afternoon of 11th October, Mr.Nguyen Dai Tri - Deputy General Director of the General Department of Taxation said, The General Department of Taxation will closely monitormonthly tax debts,