Saturday, September 6, 2025
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bad debt handling
News updates related to bad debt handling
Banking industry focuses on handling bad debt, improving credit quality
(Baonghean.vn) - The difficulties from bad debt and credit growth are somewhat being cooled down by the continuously decreasing interest rate level. In 2024, bad debt continues to be of concern to Nghe An's banking sector and many solutions will be proactively proposed to deal with it.
Economy
Removing difficulties and obstacles in implementing credit for building new fishing vessels according to Decree No. 67 of the Government
(Baonghean.vn) - According to bank representatives, when lending to build new fishing vessels under Decree 67, many vessels are operating inefficiently, including many steel-hulled fishing vessel owners who are unable to repay their debts. Commercial banks have discussed with departments, sectors, localities and vessel owners, but have yet to find an effective solution.
Credit in 2018 will increase by 18 - 19%
The National Financial Supervisory Commission forecasts that in 2018, credit will continue to grow steadily, with a growth rate equivalent to the last 3 years, at around 18 - 19%.
Nghe An has 100 credit institutions in operation.
(Baonghean.vn) - Nghe An is considered a locality with a strong financial banking service system in the country.
45,000 billion VND of bad debt has been handled
Regarding bad debt handling, by the end of July 2017, the banking system estimated to have handled about 45,000 billion VND.
Prime Minister requests pilot implementation of bad debt handling
Documents guiding the implementation of the Bad Debt Resolution must be issued before August 15, 2017, as requested by the Prime Minister.
The economy is about to have an additional 300,000 billion VND?
Immediately after the National Assembly passed the Resolution on bad debt settlement, banks (creditors) were all excited and said that within the next 2 years, 50% of bad debt, equivalent to about 300,000 billion VND, will be settled and put back into the economy.
Delegate Nguyen Huu Cau: All cases of property seizure are recorded on camera
DNUM_BCZAGZCABH 21:59
(Baonghean.vn) - Speaking at the discussion session in the hall about the draft Resolution on handling bad debts of credit institutions, delegates of the National Assembly Delegation of Nghe An continued to have interesting opinions.
Colonel Nguyen Huu Cau: The law must be strict so there is no room for the law of the 'jungle'
DNUM_AHZAGZCABH 15:09
(Baonghean.vn) - National Assembly delegates from Nghe An delegation believe that the law must be strict and effective so that everyone complies in resolving social relationships.
Nghe An National Assembly Delegate: Assigning the State Bank to regulate bad debt is not satisfactory
DNUM_AHZAGZCABH 11:26
(Baonghean.vn) - Ms. Hoang Thi Thu Trang of the National Assembly delegation of Nghe An province said that the National Assembly's assignment of the State Bank to regulate bad debt while the banking industry enjoys this special mechanism is not satisfactory.
Delegates worry that the basis for handling bad debt may be abused.
DNUM_CGZAFZCABH 20:50
(Baonghean.vn) – Participating in the discussion at the group on the Project Resolution on handling bad debts of credit institutions, there were 3 opinions from the National Assembly Delegation of Nghe An province expressing concerns about the basis for determining bad debt handling.
Government discusses institutional breakthrough to handle weak banks
DNUM_BCZAEZCABH 00:07
Prime Minister Nguyen Xuan Phuc said that perfecting regulations and developing separate laws on restructuring credit institutions and handling bad debts is very necessary and urgent.
Half a million billion dong of bad debt 'cleared' in 4 years
DNUM_AGZBCZCABG 19:39
Nearly half of the VND500 trillion of bad debt resolved since 2012 has been through debt sales, while the amount cleared through collateral handling is less than 1%.
How to deal with wasteful and ineffective projects?
DNUM_BHZBAZCABG 11:01
The Government needs to specifically report on plans to handle wasteful and ineffective investment projects that the public is concerned about.
Handling bad debt, freeing up economic resources
DNUM_AHZAEZCABG 23:31
Bad debt not only causes a huge amount of capital to stagnate in commercial banks but also freezes a large amount of collateral assets with a value equivalent to that capital. As long as bad debt is not thoroughly handled, the financial resources of the economy will remain "clogged". Therefore, thoroughly handling bad debt is the most important measure to unblock capital sources for current socio-economic development.
Bad debt solution
DNUM_AFZBBZCABF 12:37
(Baonghean) - Recently, the decision of the State Bank of Vietnam (SBV) to buy back 3 Joint Stock Commercial Banks (JSC) Construction Bank (VNCB), Global Petroleum Bank (GP Bank) and Ocean Bank (Ocean Bank) at the price of 0 VND has attracted the attention of managers, operators, experts and public opinion. This is a sign that the time has come to find a solution to the problem of "bad debt" in banks. The reporter had an interview with Dr. Truong Van Phuoc, Vice Chairman of the National Financial Supervisory Commission to learn about the specific solution.
Establishment of an inter-sectoral steering committee on bad debt settlement
DNUM_BDZADZCABE 17:40
The Prime Minister has just signed a Decision to establish an inter-sectoral Steering Committee to implement the Project "Restructuring the system of credit institutions in the 2011-2015 period" and the Project "Handling bad debts of the system of credit institutions."
Banks are prohibited from increasing salaries and bonuses if they have not made provisions to handle bad debts.
DNUM_DAZBBZCABD 08:57
If banks have not restructured their debt and set aside enough provisions to handle bad debt, they will not be able to increase salaries or bonuses for their staff, managers, and executives. In addition, shareholders may not be able to receive dividends if they violate regulations.
Restricting the use of budget capital to handle bad debt
DNUM_BHZAJZCABD 18:17
That is the affirmation of the State Bank (SBV) in information sent to the press this afternoon, September 16.
Agree to exempt both types of taxes for bad debt handling companies
DNUM_BDZAFZCABD 10:33
The National Assembly's Finance and Budget Committee, in its report examining two draft laws amending and supplementing a number of articles of the Law on Corporate Income Tax and the Law on Value Added Tax, agreed to exempt both of these taxes for the Vietnam Asset Management Company (VAMC).
What is the solution to bad debt?
DNUM_BDZAIZCABC 11:08
Perhaps never before has the mass media mentioned so much about the issue of bad debt of banks as it does today. Bad debt is now not only a concern within the banking industry but has become a common concern of the country and the economy as the number of bad debts is increasing, with no end in sight…
Find solutions to bad debt
DNUM_BHZAHZCABC 18:01
Bad debt is a top concern for businesses and banks. How to handle bad debt and limit risks is a matter of concern today.
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