Prime Minister Pham Minh Chinh expressed his hope that the baking sector will be more proactive, creative and responsive to policies in 2023 at a meeting on January 27 or the sixth day of the Lunar New Year.

Vietnam’s debt market was still in its infancy and sound policies were required to bolster growth, said policymakers and financial experts during a conference in Hanoi on November 29.

Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.

The National Assembly (NA) has agreed to extend a pilot resolution on bad debt settlement until the end of 2023 instead of this year.

National Assembly (NA) deputies will further debate the supplementary assessment of the implementation of the socio-economic development plans and the state budget in 2021 and in the first months of 2022 on June 2, as part of the legislature's ongoing third session.

National Assembly (NA) deputies on June 1 discussed the implementation of the socio-economic development plans and the state budget in 2021 and in the first months of 2022 as well as the settlement of bad debts of credits institutions.

Ensuring flexibility in curbing rising petrol prices and settling bad debts of credit institutions were scrutinised by NA deputies on June 1 at a debate on the implementation of socio-economic development plans in 2021 and in the first months of 2022 during the legislature's ongoing third session.

VOV.VN - The 15th National Assembly for the 2021-2026 tenure will convene its third session from May 23 to June 17, General Secretary of the National Assembly Bui Cuong said on April 26.

Credit growth of credit institutions was quite positive at 5.04% at the end of the first quarter of this year, much higher than the 2.16% rise in the same period last year, the State Bank of Vietnam (SBV)’s Deputy Governor Dao Minh Tu said at the Government’s regular press conference.

Many banks have recently offered to sell mortgaged assets, mainly real estate, worth billions of VND, to recover debts amid the recovery of the realty market.