debt settlement

Update news debt settlement

Government to write new draft on bad debt settlement

The national legislature has requested the Government to write a draft to prepare for the expiration of Resolution 42 on bad debt settlement and hand in the draft no later than May 2023, but insiders say the deadline is tight.

Will zero-VND banks be audited?

Contributing their ideas to the 2020 auditing plan, National Assembly deputies said it is necessary to audit the three zero-dong banks to discover their real financial situation.

BUSINESS IN BRIEF 8/3

 Sacombank, Phuong Nam could merge; HSBC: Vietnam’s CPI to rise 6.5 percent; Bird flu takes toll on livestock industry; Thousands of businesses set up in two months; Ministry maintains petrol retail prices

Businesses don’t dare to apply strong measures to ask for debts back

Not only commercial banks, but some enterprises have also set up the divisions in charge of collecting debts.