Government reports on extending application of Resolution 42

Government reports on extending application of Resolution 42

VCN - The Government has reported to the National Assembly on extending the application of Resolution 42 on the pilot of the bad debt settlement of credit institutions until December 31, 2023.
MoF responds to settlement of collateral of bad debts

MoF responds to settlement of collateral of bad debts

VCN - Related to the settlement of bad debts and collateral of bad debts of credit institutions, foreign bank branches and bad debt purchasers/managers, the Ministry of Finance has issued a written response to Ben Tre's elector on this issue.
Dealing with bad debts after one year of Resolution 42

Dealing with bad debts after one year of Resolution 42

VCN- The handling of bad debts in the banking system has achieved many positive results, especially after the Resolution 42/2017/QH14 on piloting bad debts of credit institutions was promulgated. However, the implementation of bad debts under Resolution 4
Bad debts of more than VND 100 trillion are solved under Resolution 42

Bad debts of more than VND 100 trillion are solved under Resolution 42

VCN- That was the information given at the meeting on banking performance in the first 6 months of 2018 held by the State Bank of Vietnam (SBV) on 13 June 2018 in HCM City.
Prime Minister direct to pilot settlement bad debts

Prime Minister direct to pilot settlement bad debts

The Prime Minister has issued Directive No. 32 / CT-TTg dated 19/7/2017 to implement Resolution No. 42/2017 / QH14 of the National Assembly on piloting settlement bad debts of credit institutions.
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