Local exporters have been urged to prepare for any trade-related lawsuits and disputes arising from the escalating US-China trade war amid concerns that the two major powers will not reach an agreement this month.
To sustain their growth, Vietnamese textile and garment firms should pay more attention to technologies and their value chains, a conference on textile value chains heard Thursday.
Banks plan to speed up the sale of non-performing loans (NPLs) to the
Viet Nam Asset Management Company (VAMC) to meet the central bank''s
deadlines, Voice of Viet Nam reported.
Solving bad debts requires great attempts by lenders and State-owned
bodies, and Viet Nam should not expect all the debts to be settled
within a certain time, experts said.
Several banks have posted satisfactory profits, achieving around half of
the annual targets, during the first half of this year, the Sai Gon Dau Tu (Sai Gon Investment) online reported.
A special mechanism and policies are needed to turn Phu Quoc into a
special administrative - economic zone, a conference held in the island
heard yesterday.