The entire system of credit institutions handled VND204.4 trillion of bad debts (US$8.8 billion) by January 31, equivalent to 40.1 per cent of the total bad debts as defined in the National Assembly’s Resolution No. 42/2017/QH. SEE MORE Vietnam’s GDP growth was estimated at 6.79 percent in the first quarter of this year while efforts to maintain macroeconomic stability and curb flation continued to yield impressive results. SEE MORE The Gross Domestic Product (GDP) in the first quarter of 2019 was estimated to increase 6.79% against the same period last year, according to the General Statistics Office. SEE MORE In addition to positive growth with several bright spots in the first two months of this year, the socio-economic situation still faces several worrying signals. SEE MORE Since the beginning of the year the State Bank of Việt Nam has been increasing the reference rate of the đồng against the US dollar, and the Vietnamese currency has appreciated 0.43 per cent as a result. SEE MORE
