The regulation under the amended Law on Credit Institutions was recently passed by the National Assembly and will take effect from July this year.
The settlement of bad debts will face many difficulties this year as there are no legal regulations related to repossessing collateral assets, industry insiders said.
Existing 'loopholes' in the Credit Institutions Law (amended) may make it easier for banks to engage in real estate trade in the same way as professional...
The VNBA made the move last week as, under a draft policy on VAT reduction for the first six months of next year, the credit institutions do not feature in the list of...
The proposed changes in the ownership ratio have raised concerns in the banking system, as they fear they may hamper economic growth.
Credit institutions forecast the demand for banking services will be buoyant in the remaining months of this year, of which credit growth will reach about 4.4% in the...
The draft revised Law on Credit Institutions regulates the application of early intervention to credit institutions which fail to maintain the solvency ratio after...
Concerns remain concerning the legitimacy of Resolution 42/2017/QH14 in dealing with problematic debts in the Draft Law on Credit Institutions (amended).
The State Bank of Vietnam (SBV) is collecting comments on its draft circular to deal with risks in the operation of cooperative credit institutions, including...
In the context that new corporate bond issuance activities have been almost frozen, the bond market has witnessed an increase in repurchase activities in October 2022,...
In view of the important contributions of investment capital to the local economy, Vietnam needs immediate solutions to attract more FDI and strengthen its sources,...
If the taxpayer has not declared and paid enough tax to the customs authority, the credit institution must declare and fully pay tax, before collateral settlement.
A majority of credit institutions are optimistic about their business performance in 2022, according to the latest survey by the State Bank of Vietnam (SBV).
The tightening of corporate bond buying activities by credit institutions with a new legal framework is not only appropriate and urgent for the market but also helps to...
Three credit institutions have committed to sponsoring the national flag carrier Vietnam Airlines to get loans worth 4 trillion VND (173.67 million USD), an official...
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