Bad debts ratio

The implementation must also comply with all of Viet Nam’s current regulations on procedures for mergers and acquisitions as well as safe and competitive conditions, including limits on the shareholding ratio applicable to each individual and institutional investor on the basis of national treatment. Currently, the stake owned by an individual foreign investor in a Vietnamese bank is capped at 5 per cent and the maximum rate for a foreign institutional investor is 15 per cent. … [Read more...] about VN banks more open for EU investors under newly-approved trade pact

Along with the increasingly expanded credit scale, profitability ratio improvement thanks to lower capital mobilization cost and the progress in bad debt settlement, the proportion of banks’ revenue from services in total revenue has increased thanks to the launch of new products such as bancassurance and digital banking products. … [Read more...] about Vietnam may loosen monetary policy to support economic growth

When the freight vehicles from China pass, drivers and cargo owners will be given a medical examination before customs clearance, then the freight trucks will be directed to a separate gathering area. Drivers and cargo owners are only allowed to stay in the quarantined area until the import and export of goods is completed. Vehicles imported before leaving the gate to go inland will be disinfected, with a comprehensive epidemic prevention room under strict control to prevent coronavirus. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 19