Sunday, May 26, 2019 - 9:56:52

credit institutions

Global links key to rural growth

Business

Global links key to rural growth

Deputy Prime Minister Vuong Dinh Hue has asked agencies to enhance linkages between cities and provinces nationwide and other countries to form a global network for the OCOP programme.

Bad debt handling to be audited

Business

Bad debt handling to be audited

The handling of bad debt among credit institutions would be audited this year in order to formulate recommendations for effectively implementing a National Assembly resolution, according to the State Audit Office of Vietnam (SAV).

Solutions to spur economic growth

Business

Solutions to spur economic growth

The Government has requested ministries, departments and localities to push ahead with economic restructuring towards efficiency and science-technology innovation in 2019.

New policy to speed up bad debt settlement

Business

New policy to speed up bad debt settlement

The State Bank of Vietnam (SBV) is drafting a new circular regulating credit institutions’ trading and handling of non-performing loans (NPL) with the aim of forcing the institutions to focus more on bad debt settlement.

Government takes bold measures to ensure safety of finance system

Business

Government takes bold measures to ensure safety of finance system

Poorly-performing State-owned people’s credit funds – a type of credit institution focusing on people in rural areas to help them escape poverty and avoid dependence on loan sharks – will be merged, acquired or dissolved to ensure the safety of the country’s finance and banking system.