Monday, April 22, 2019 - 23:55:15

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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).

Foreign investment in banking sector to surge

Business

Foreign investment in banking sector to surge

The improved business performance of Vietnamese banks and a Government regulation to require local banks to meet stricter capital regulations as part of Basel II standards is spelling the start of a wave of foreign investment into the country’s finance and banking sector in 2019, experts said.

Vietnam-Germany trade, investment forum held in Leipzig

Business

Vietnam-Germany trade, investment forum held in Leipzig

A Vietnam-Germany Trade and Investment Forum has been held as part of the “Vietnam Days in Leipzig”, highlighting investment potential and opportunities between Sachsen State and Germany in general and Vietnam as well as other countries in Southeast Asia and Asia Pacific.

Banks see higher employee efficiency

Business

Banks see higher employee efficiency

Many banks have seen their employee efficiency increase significantly, with each member of staff earning them more than 1 billion VND (43,000 USD) in pre-tax profit on average last year.