Bad debts always come hand in hand with business activities of all commercial banks. The rise in bad debts in the post-pandemic period is still not under control but has now been offset by recent adverse market movements. It seems that the pressure on banks to handle bad debts will become heavier when the loans […]
Read MoreMost of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year. According to the State Bank of Vietnam (SBV), credit growth reached 11.5 per cent by the end of October 2022. By the end of […]
Read MoreThe Ministry of Finance (MoF) has introduced many favourable policies on tax, fees and land rent to ease the financial burdens on individuals and firms, boosting economic recovery, according to Deputy Minister of Finance Cao Anh Tuan. Workers at a factory of Song Hong Garment JSC. A representative from the company said MoF’s favourable policies […]
Read MoreThe amount of tax paid by cross-border platforms such as Google, Meta and Netflix in January-October 2022 was VND1.8 trillion, according to Dang Ngoc Minh, Deputy General Director of the General Department of Taxation (GDT). GDT said as of October 31, 38 foreign service providers had registered and declared tax on the information portal for […]
Read MoreThe National Assembly’s Committee on Science, Technology and Environment has completed a report on monitoring of policies and laws on consumer protection. The Law on Protection of Consumer Rights has been in effect for more than 10 years. Many associations were formed to protect consumer protection. But the number of complaints lodged by consumers has […]
Read MoreChina is expected to stay the largest export market for Vietnamese pangasius this whole year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). China will not immediately loosen its zero COVID policy, so the trade between China with other countries will certainly not be able to recover as it was before the […]
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Thailand
