• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Talk Vietnam

All About Vietnam

  • Home
  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story

Debts

Markets advance ahead of US debt talks

May 22, 2023 by dtinews.vn

Most markets rose Monday ahead of US debt talks between President Joe Biden and congressional leaders, with both sides still apart but also confident a deal can be reached to avert a catastrophic default. Sentiment was also being supported by hopes the Federal Reserve will stand pat on interest rates at its next gathering, and Biden saying China-US relations should see a thaw "very shortly". After returning from the G7 summit in Japan, Biden will meet Republican House Speaker Kevin McCarthy at the White House, with a warning that the government could run out of cash as soon as June 1. But while there is a broad expectation that an agreement will be found, Biden insisted he would not give in to demands for spending cuts, saying they were "frankly unacceptable". "It's time for the other side to move from their extreme positions," he said. For his part, McCarthy said his position remained unchanged, tweeting: "Washington cannot continue to spend money we do not have at the … [Read more...] about Markets advance ahead of US debt talks

Filed Under: News Markets advance ahead of US debt talks, emerging market hard currency debt, emerging market us dollar debt, emerging market usd denominated debt, emerging market dollar denominated debt, emerging market foreign currency debt, debt market and equity market, debt market and equity market difference, debt market and money market, debt market and capital market, debt market and role of intermediaries in debt issues, debt market and bond market, debt market equity market, debt market in capital market, debt market market, debt market money market, debt market to market, debt market vs equity market size, week ahead debt limit, bank debt and market debt, debt restructuring the way ahead

Vigilance over bad debt essential

May 20, 2023 by vir.com.vn

Nguyen Duc Thai Han, deputy director general at ACB, noted that revising growth targets attached to controlling bad debts has been causing banks many difficulties. So far this year, ACB has set aside $43.4 million worth of credit packages, with reduced interest rates, to benefit both retail and corporate customers. New customers are being offered a 0.3 percentage point reduction, while regular customers are offered 0.2. < “With a newly released circular on debt rescheduling, part of the risk facing businesses has been passed to banks,” said Han. In light of ACB’s first quarter financial statement, the bank’s bad debt surplus rose 31.5 per cent to touch $17.4 million, bringing its bad debt ratio from 0.74 per cent in late 2022 to 0.97 per cent in the latter part of the first quarter (Q1). ACB's case is not rare. Tech-driven lender TPBank saw its bad debt ratio swell 84 per cent from $59 million to $86.9 million in late Q1, The volume of subprime debts soared to $52.1 … [Read more...] about Vigilance over bad debt essential

Filed Under: Uncategorized bad debt, credit quality, ACB, TPB, vietcombank, Money, aasb bad debt write off, freshbook bad debt, insured patients become top reason for bad debt at providers, calistoga's 2021 bad debt expense is, general entry for provision for bad debts, general journal entry to write off bad debt, qbo write off bad debt, myob write off bad debt, myob how to write off bad debt, good v bad debt, section 36 bad debts, bad debts under section 36(1)(vii), 1. bad debt expense, bad debt expense m-1, nonaccrual-experience method of accounting for bad debts, bad debt housing association, housing bad debt, sassy bad debts, allowance of bad debts, why is allowance for bad debt an asset

Markets mostly rise after ‘productive’ Biden-McCarthy debt talks

May 23, 2023 by dtinews.vn

Optimism that the United States will avert a calamitous default supported equities Tuesday, with President Joe Biden and House Speaker Kevin McCarthy saying they held productive talks on the debt ceiling. With just weeks to go before the country runs out of cash, the standoff has become the key topic on trading floors on fears that a US failure to pay its bills will send shockwaves through markets and the global economy. Months of negotiations have failed to break the deadlock and lift the borrowing limit from the current $31.8 trillion, but things appear to be moving in the right direction after a series of Biden-McCarthy meetings. After their latest get-together on Monday, the Republican Speaker said: "I felt we had a productive discussion. We don't have an agreement yet, but I did feel the discussion was productive in areas (where) we have differences of opinion." He added that negotiators would "work through the night" to move the sides closer and that he and Biden would … [Read more...] about Markets mostly rise after ‘productive’ Biden-McCarthy debt talks

Filed Under: Uncategorized Markets mostly rise after 'productive' Biden-McCarthy debt talks, peran 56 karyawan pinjol yang digerebek polisi marketing-debt collector, global agg neg yielding debt market value, cre debt market, debt capital market traduction, mccarthy 4p marketing mix, 4p marketing mccarthy, mccarthy who the f do you think you're talking to, tamrah selling & marketing dates products co llc, fallacy used to market a product, taqa for marketing oil products, best market basket products, advect marketing corporation products, stakeholders can be classified into capital markets stakeholders product market stakeholders and, whole foods market best products, mccarthy law firm debt settlement, vibhava marketing corporation products, mccarthy biden, mccarthy debt limit, mccarthy debt ceiling, market green product

Bad debts running rampant in construction sector

May 23, 2023 by bizhub.vn

Workers handle steel rods at a construction site in Thai Nguyen Province. — VNA/VNS Photo Hoang Nguyen Little is known about the exact amount of bad debts being incurred by construction firms, but the non-payment is eating into their bottom line day by day. Le Hong Minh, Chairman of the 2T Corporation, claimed that he had never witnessed such a serious situation in the construction sector for 40 years. Debt collection has now become a high priority for small- and medium-sized firms. And his firm is no exception. The debts owed by construction investors to 2T have amounted to over VND200 billion (US$8.5 million), two times higher than its charter capital of VND100 billion. The firm has no option but to withhold the transfer of some finished units to the investors to press for payment. Dozens of condotel apartments have been put at its disposal as a result of their defaults. "I've suddenly become the owner of dozens of villas and condotel apartments. But those properties are … [Read more...] about Bad debts running rampant in construction sector

Filed Under: Uncategorized bad debts, construction investors, News, what is write off bad debt, bad debts provision entry, bad debt provision entry, charge off as bad debt, bad debt consolidation, bad debt relief, bad debt help, bad debt consolidation loans, bad debt collection, charged off as bad debt profit and loss write-off, what's charged off as bad debt, mall values plunge 60 after reappraisals triggered by bad debt, recovered bad debts journal entry, bad debts recovered which was written off before purchase should be, uncollectible bad debts, ifrs 9 specific bad debt provision, why is allowance method preferred over the direct write off method of accounting for bad debts, which run rampant, provision for doubtful debts and bad debts, it run rampant

Asian markets sink as US debt talks stall

May 24, 2023 by dtinews.vn

Asian markets tracked losses in Wall Street on Wednesday as investors grow increasingly concerned about stalled US debt ceiling talks to avert a painful default. The optimism that flowed through trading floors at the start of the week has given way to trepidation, with several Republicans questioning an early June deadline, and some even saying the country is nowhere near running out of cash anyway. All eyes are now on Washington, where President Joe Biden and House Speaker Kevin McCarthy have had a number of meetings to find a path to lifting the borrowing limit from the current $31.8 trillion. The two men said Monday that talks had been "productive" and were confident a deal would be coming. Republicans have set cutting spending next year to 2022 levels as a "red line", but Democrats have so far refused to commit to that. On Tuesday, Republican Representative Ralph Norman warned that McCarthy had said the two sides were "not anywhere near close" to an agreement. The … [Read more...] about Asian markets sink as US debt talks stall

Filed Under: Uncategorized Asian markets sink as US debt talks stall, cnn asian markets, asian market live index, asian market live today, starry asian market, starry asian market canterbury, h&m asian market, lotte asian market, asian markets live, asian market el paso tx, indianapolis asian market, asian markets indianapolis, detroit asian market, portland oregon asian market, san jose asian market, asian markets san jose, asian market san jose, finance asian markets, asian market new jersey, new jersey asian market, asian markets charlotte nc

Asian markets mostly rise on US debt ceiling optimism

May 26, 2023 by dtinews.vn

Hopes that lawmakers are edging closer to a deal to hike the US debt ceiling lifted spirits in Asia on Friday, though traders remain nervous as a deadline to avert a calamitous default draws closer. Markets have taken a hit in recent days on worries about the slow pace of negotiations in Washington, even after President Joe Biden and House Speaker Kevin McCarthy expressed optimism earlier in the week. On Thursday, Biden reiterated his pledge that "there will be no default" despite the wrangling, adding that talks with McCarthy, who leads the Republican negotiators, had been "productive". For his part, the Speaker also expressed his determination to get an agreement to raise the borrowing limit by June 1, when the Treasury has warned the government is expected to run out of cash to service its debts. "We know where our differences lie," he said. "We do not have an agreement yet. We knew this would not be easy. It's hard, but we're working. And we're gonna continue to work till … [Read more...] about Asian markets mostly rise on US debt ceiling optimism

Filed Under: Uncategorized Asian markets mostly rise on US debt ceiling optimism, rate cut debt market, college debt rising, saraga asian market, compute market value of debt, d&b optimizer for marketing, pv optimizer market, nzx 50 debt market, asian markets carry-coleman, where is asian market near me, kospi asian market, kenya readies $2bn bond sale as public debt rises, feasters asian market, seoul asian market, historical national debt as a percentage of gdp rises during, optimal debt ratio formula, sacramento asian market, asian market in dc, yahoo finance asian markets, h mart asian market, south asian market

Bad debt on the rise at banks

May 26, 2023 by e.vnexpress.net

The country’s biggest lender Vietcombank saw its bad debt ratio rise from 0.68% at the end of last year to 0.84% by the end of March. Two other major state-owned lenders have found themselves in the same boat. BIDV saw its second-group debt (overdue by up to 90 days) rise 47% in the first three months of 2023, while third-group debt (overdue by up to 180 days) doubled during the period. The bank’s fourth-group debt (overdue by up to 360 days) rose 60%. VietinBank also saw an increase in the above debt groups. To deal with the problem, Vietcombank has increased its write-offs 30% since the beginning of the year. For every dong of bad debt, the bank has written off VND3 to ensure financial safety. VietinBank has spent over VND7 trillion reducing fifth-group debt (overdue for more than 360 days) by over 30%. At the same time, bad debt problems at private banks seem to be getting even worse than at state-owned lenders. VPBank saw its second- and third-group debt double … [Read more...] about Bad debt on the rise at banks

Filed Under: Uncategorized Vietnam news, bad debt, bank, Bad debt on the rise at banks - VnExpress International, entry of bad debts, write off bad debt, write off bad debt in quickbooks, quickbooks write off bad debt, charged off as bad debt, provision of bad debts, provision for bad debts entry, provision for bad debts journal entry, vat bad debt relief, entry for bad debts, recovered bad debt journal entry, bad debts journal entry, bad debts jack irish, provisions for bad debts journal entry, write off bad debt accounting entries, write off bad debt entry, write off bad debt journal entry, write off bad debt meaning, charged off as bad debt canceled by credit grantor, charged off as bad debt profit and loss write off

Biden says ‘hopeful’ on US debt deal within hours

May 27, 2023 by e.vnexpress.net

"It's very close and I'm optimistic," Biden told reporters at the White House. "I'm hopeful we'll know by tonight whether we're going to be able to have a deal." The Democratic president said he hoped for a resolution to the standoff "before the clock strikes twelve." It was by far the strongest indication that the drama in Washington might end, allowing the government to borrow and avoid a default likely to trigger a recession, mass job losses and recession. Earlier, Treasury Secretary Janet Yellen said the dreaded X-date, when the government runs out of money unless it can borrow, will now be June 5, not June 1. Yellen, however, warned that the deadline extension does not change the urgency. "Waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States," she said in a letter to the Republican leader of … [Read more...] about Biden says ‘hopeful’ on US debt deal within hours

Filed Under: Uncategorized US debt, US credit rating, Biden says 'hopeful' on US debt deal within hours - VnExpress International, obama biden hope never dies, inseego suit cites representations not in deal sellers say, dr sooman hope ar hours, saying yes to my girlfriend for 24 hours, saying 25th hour, debt does deals, biden china deal, saying yes for 24 hours, why does nearby friends say 1+ hours, lazarbeam saying crikey 1 hour, saying yes to everything for 24 hours, dad can't say no for 24 hours, how to make a deal with debt collectors, 24 hour blood pressure monitor keeps saying error, what does the bible say about paying your debts

Biden says final US debt ceiling deal ready to move to Congress for vote

May 29, 2023 by e.vnexpress.net

"This is a deal that's good news for ... the American people," Biden told reporters at the White House after a call with McCarthy to put the final touches to a tentative deal they struck on Saturday night. "It takes the threat of catastrophic default off the table, protects our hard-earned and historic economic recovery," Biden said. The deal, if approved, will prevent the U.S. government from defaulting on its debt and comes after weeks of heated negotiations between Biden and House Republicans. It still needs to pass through a narrowly divided Congress before June 5, when the U.S. Treasury says it would run short of money to cover all of its obligations. "I strongly urge both chambers to pass that agreement," Biden said, adding that he expected McCarthy to have the necessary votes for the deal to pass. The deal has drawn fire from hardline Republicans and progressive Democrats, but Biden and McCarthy are banking on getting enough votes from both sides. McCarthy earlier … [Read more...] about Biden says final US debt ceiling deal ready to move to Congress for vote

Filed Under: Uncategorized US, debt ceiling, Biden says final US debt ceiling deal ready to move to Congress for vote - VnExpress International, debt ceiling 2017, 2016 debt ceiling, congress voting record, congress how they voted, votes in congress today, votes today in congress, how congress votes, congress vote on iran deal, congress vote tracker, congress voting, how congress voted, 2017 debt ceiling, congress voted, congress vote today, congress voting today, united states debt ceiling, best debt consolidation deals, us debt ceiling, u.s debt ceiling, final debt collection letter template

Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism

May 29, 2023 by e.vnexpress.net

The greenback notched a fresh six-month high of 140.91 yen in early Asia trade and was headed for a monthly gain of more than 3% against the Japanese currency. The yen's renewed decline has come on the back of rising U.S. Treasury yields, as bets grow that interest rates in the United States would stay higher for longer. Data released on Friday showed that U.S. consumer spending increased more than expected in April and inflation picked up, adding to signs of a still-resilient economy. Yields on U.S. Treasuries jumped on the back of the data, with the two-year yield , which typically reflects near-term interest rate expectations, rising more than 10 basis points to an over two-month high of 4.639% on Friday. Cash U.S. Treasuries were untraded in Asia on Monday, owing to the Memorial Day holiday in the United States, while futures were broadly steady. Ten-year futures' implied yield was 3.84%. The UK market is similarly closed on Monday for a holiday. Against the dollar, … [Read more...] about Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism

Filed Under: Uncategorized dollar, USD, Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism - VnExpress International, Fed Rate Hike Means, The Debt Ceiling, Deal with Debt, dealing with bad debts, rate hike fed, fed announces rate hike, fed rate hikes, Debt Ceiling Crisis, fed rate hike probability, fed rate hike june, fed rate hike dates, fed rate hike forecast, fed rate hike march 2017, sign up deals betting, fed hikes rate, fed hike date, u.s. debt ceiling, US fed rate hike, debt ceilings, dollars inflation calculator

Primary Sidebar

RSS Recent Stories

  • French newspapers praise Vietnamese – French filmmakers
  • Photo exhibition, musical show marks Vung Tau – Gunsan anniversary
  • Old Vietnamese publications in romanized script on display in Paris
  • “Red Sunday” program collects over 450 blood units
  • Various activities held for Agent Orange/Dioxin victims and national contributors
  • More practical activities to help ethnic people
  • Naval Brigade 189 launched “Green Sunday” program
  • Meeting to present scholarships and sponsorship to students and orphans
  • Hanoi to ensure food safety for ten million residents
  • Vegetable and fruit exports expected to hit $4 billion this year

Sponsored Links

  • UK, Denmark, and Australia Report Highest Daily Covid-19 Cases
  • The best movie scenes of 2021
  • Windows 11’s Default Command Line Catches up to Mac and Linux
  • What Is the Log4j Flaw, and How Does it Affect You?
  • Commander Keen 4: The First and Only Video Game I Loved
Copyright © 2023 Talk Vietnam. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story