Banks hold auctions to cut bad debts Business

Banks hold auctions to cut bad debts

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.
PM presents Tet gifts to disadvantaged ethnic minority people Society

PM presents Tet gifts to disadvantaged ethnic minority people

Prime Minister Nguyen Xuan Phuc presented 100 Tet gifts to policy beneficiaries and disadvantaged ethnic minority people in Nui village, Tam Thang commune, Cu Jut district during his working visit to the Central Highlands province of Dak Nong on January 15.
Reforms needed to purge corrupt elements Society

Reforms needed to purge corrupt elements

Reforms of the administrative system must be done with “professionalism and resolution” to effectively eliminate "vested interest" and corrupt elements, according to Minister, Chairman of the Government Office Mai Tien Dung.