Proposal to pay bond debts with other assets

Proposal to pay bond debts with other assets

VCN - A draft Decree amending, supplementing and suspending a number of provisions in the Decrees that regulate the offering and trading of individual corporate bonds (corporate bonds) in the domestic and international markets (formerly known as the Decre
Ho Chi Minh City Customs: prevent bad debts arising from PCA

Ho Chi Minh City Customs: prevent bad debts arising from PCA

VCN – Post-clearance audit of Ho Chi Minh Customs Department in 2022 achieved high results with a year-on-year double increase in tax revenue . The bright spot in the results is that enterprises are "convinced and voluntarily obedient" in paying
Bad debts remain a challenge for banks in Q4 2022

Bad debts remain a challenge for banks in Q4 2022

Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.
Banks boost sales of mortgaged real estate to recover bad debts

Banks boost sales of mortgaged real estate to recover bad debts

Many banks have recently offered to sell mortgaged assets, mainly real estate, worth billions of Vietnamese đồng, to recover debts amid the recovery of the realty market.
Sixteen banks reduced more than VND15,500 billion in lending interest rates

Sixteen banks reduced more than VND15,500 billion in lending interest rates

The total amount of accumulated reduced interest from July 15, 2021, to October 31, 2021, of sixteen banks is about VND15,559 billion, reaching 75.48% compared to the commitment.
Selling unsecured debts should become common practice

Selling unsecured debts should become common practice

VCN - According to banking and finance expert Dr. Nguyen Tri Hieu, consumer loans are increasing, but are more risky than corporate loans, so it is necessary to develop a form of consumer debt trading to help banks avoid increasing bad debts.
Progresses seen in Vietnam management of national foreign debts: workshop

Progresses seen in Vietnam management of national foreign debts: workshop

Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, heard a workshop on the issue held in Hanoi on January 26.
Improving efficiency of loan use associated with debt repayment liability

Improving efficiency of loan use associated with debt repayment liability

VCN –Motivated by the government's drastic direction, the management, borrowing and repayment of public and government debts in 2020 and the 2016-2020 period have achieved many positive results, but there are still inadequacies.
Banks struggle to sell mortgaged assets

Banks struggle to sell mortgaged assets

VCN - The speed of handling bad debts and selling ensure the assets of banks have not been as expected, while bad debts are at risk of expanding.
Bad debts tend to rise despite slow credit expansion

Bad debts tend to rise despite slow credit expansion

Non performing loans are still increasing despite slow credit expansion as the COVID 19 pandemic stretches many businesses to their limits
Banks to sell collateral assets amid fears of rising bad debts

Banks to sell collateral assets amid fears of rising bad debts

A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery
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
Listing a series of State-owned enterprises makinghuge losses and debts 

Listing a series of State-owned enterprises makinghuge losses and debts 

VCN- According to results in 2019, the State Audit has pointed out many State-owned enterprises that have huge debts, large cumulative losses and have even fell into financial insecurity.
Mobilising revenues from equitisation and divestment to State budget

Mobilising revenues from equitisation and divestment to State budget

VCN – The Ministry of Finance is developing a decree guiding the management and use of revenues from restructuring, equitisation and divestment of State capital.
Ha Nam Ninh Customs: Enhancing tax debt recovery

Ha Nam Ninh Customs: Enhancing tax debt recovery

VCN - Currently there are 15 enterprises with over-due tax debts, amounting to over VND 37.5 billion, in the management area of Ha Nam Ninh Customs Department.
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