Monday, September 29, 2025
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debt collection services
Debt collection service related news updates
New policies effective from January 2021
Prohibiting debt collection services, applying early retirement policies, regulating retirement ages, and giving the Procuracy the right to conduct criminal supervision... are new regulations that will take effect from January 2021.
Economy
The National Assembly voted to pass the amended Investment Law, banning debt collection services.
The National Assembly has just voted to pass the Investment Law (amended), which prohibits debt collection services.
Prime Minister directs to push back black credit and loan sharking
Many lending activities have high interest rates, up to 700% a year, to gain illegal profits, causing social instability.
Proposing the Ministry of Public Security to manage debt collection services
The Ministry of Public Security will apply necessary professional measures to prevent, stop and handle crimes related to debt collection services.
How are debt collection services regulated?
(Baonghean) - Debt collection service business is one of the most sensitive business types in the financial and monetary market. Bankruptcies due to black credit, or simply complicated civil credit leading to criminal violations, have raised the need to bring debt collection services into the market framework.
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