Government to write new draft on bad debt settlement

Tuesday, Jul 26, 2022

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.

NA approves extension of pilot bad debt settlement resolution

Monday, Jun 20, 2022

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

Gov’t approves extension on bad debt settlement scheme

Wednesday, Mar 30, 2022

The Government has agreed to a proposal by the State Bank of Vietnam (SBV) to extend the bad debt settlement of credit institutions based on the pilot Resolution 42/2017/QH14.

Suggestions for banks amid mounting bad debt

Thursday, Mar 24, 2022

Resolution 42 on bad debt settlement, which is a pilot legal document that took effect on August 15, 2017, will expire in August this year. Economic expert Nguyen Tri Hieu talks to Vietnam News Agency about the situation.

Pilot resolution on bad debt settlement proposed to be extended until 2025

Tuesday, Mar 15, 2022

The State Bank of Viet Nam (SBV) has proposed to continually handle bad debts of credit institutions based on the provisions of pilot Resolution 42/2017/QH14 until 2025 instead of this year.

Central bank proposes new law on bad debt settlement

Thursday, Oct 07, 2021

The State Bank of Vietnam (SBV) has proposed to issue a separate law on bad debt settlement. The new law would be based on the provisions of Resolution 42/2017/QH14 to ease the work of settling bad debts.

Law on bad debt settlement proposed

Thursday, Aug 26, 2021

The Government needs to issue a law on bad debt settlement for credit institutions as a pilot resolution on the issue will expire next year, experts said.

Tight monetary policy not likely to have major impact on property, securities: analysts

Monday, Oct 29, 2018

The State Bank of Viet Nam has shown it is determined to continue with a tight monetary policy for the rest of the year with its decision to refuse to increase bank’s credit limits to constrain inflation and strictly control...

Detailed guidance needed to tackle bad debt: experts

Tuesday, Aug 21, 2018

Settling non-performing loans (NPLs) has been easier since the application of Nation Assembly’s Resolution 42 a year ago, but detailed guidance is still needed to make the use of the regulation smoother, industry insiders said.

Bad debt measures go into effect

Monday, Aug 14, 2017

A National Assembly resolution on nonperforming loans takes effect tomorrow with lawmakers hopeful it will help resolve much of the remaining bad debts held by commercial banks and real estate projects across the nation.