In recent years, the issue of bad debts of credit institutions (CIs) were identified as the key task of the banking sector, the Government was interested in directing, ministries and relevant agencies to coordinate the implementation. However, the process of bad debt still facing many difficulties and problems due to the lack of legal provisions; by provisions of the law ...

On 19.06.2014, the National Assembly of the Socialist Republic of Vietnam XIII, 7th session adopted the Law on Bankruptcy (Amendment). Bankruptcy Law was enacted in 2014 to remedy the shortcomings that arose during the implementation of the Bankruptcy Act 2004 and the creation of new mechanisms handle business bankruptcy more efficient, better protect the rights and interests of the other ...