Banks face challenges in improving credit quality Business

Banks face challenges in improving credit quality

Though banks gained profits of trillions of Vietnamese dong in Q3 2022, credit quality has remained a concern of the banking industry, especially when Circular No. 14/2021/TT-NHNN on loan rescheduling for COVID-19 affected borrowers expired at the end of June this year.
Vietnam would face challenges in announcing COVID-19-free state: Ministry Health

Vietnam would face challenges in announcing COVID-19-free state: Ministry

Vietnam is likely to face great challenges if it announces the state is COVID-19-free because the people will be less vigilant to the pandemic in the face of more dangerous variants of SARS-CoV-2, according to Prof. Phan Trong Lan, Director of the Health Ministry's Department of Preventive Medicine.
Vietnam supports visions to respond to global challenges, promote economic recovery World

Vietnam supports visions to respond to global challenges, promote economic recovery

Vietnam supports the implementation of visions and roadmaps outlined in the Bridgetown Covenant adopted at the 15th session of the UN Conference on Trade and Development (UNCTAD15) in October 2021 to help countries overcome inequality and vulnerability towards comprehensive and sustainable recovery after the COVID-19 pandemic, a Vietnamese diplomat has said.
Garment sector's local procurement rate up but challenges ahead Business

Garment sector's local procurement rate up but challenges ahead

The textile and garment industry's local procurement reached a record high rate of 57 % in the first eight months of this year, approaching the target of 60% set for 2025, Le Tien Truong, chairman of the Vietnam National Textile and Garment Group (Vinatex), said.
Bright outlook for economy despite challenges Business

Bright outlook for economy despite challenges

Vietnam’s economy has a positive outlook for 2022 despite the emergence of Omicron sub-variants, global geopolitical tensions and mounting input costs, according to Nguyen Quoc Viet, deputy head of the Vietnam Institute for Economic and Policy Research.
Footwear enterprises facing challenges Business

Footwear enterprises facing challenges

Vietnam's leather and footwear enterprises face many challenges in the remaining months of 2022, especially the lack of market information, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).
UN ready to support Vietnam in responding to new challenges: Coordinator Politics

UN ready to support Vietnam in responding to new challenges: Coordinator

Through the Strategic Framework for Sustainable Development Cooperation (CF) between the Government of Vietnam and all UN resident and non-resident agencies in Vietnam, the UN hopes to show that it is ready and poised to serve the ever changing needs of the Vietnamese Government, UN Resident Coordinator in Vietnam Pauline Tamesis told Vietnam News Agency.