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“The Staggering Scale of Bad Debt: Vietnam’s Banking Sector Woes”
As of December 31, 2024, the non-performing loan ratio of the banking system, including potential risk loans, stood at an estimated 5.46%, translating to a total bad debt of VND 1,030 trillion. In the first two months of 2025, the total non-performing loans in the banking system increased by VND 34 trillion to VND 1,064 trillion.
The ASEAN Trade in Goods Agreement Upgrade: Negotiations 98% Complete
The ASEAN Economic Ministers commended the efforts of the Negotiating Committee and technical groups during the recent negotiations to upgrade the ASEAN Trade in Goods Agreement. Despite 14 official negotiation sessions, the ASEAN countries have completed nearly 98% of the process, an impressive feat.
U.S.-China Economic and Security Review Commission Chairman Meets with Prime Minister
On May 7, at the Government Headquarters, Prime Minister Pham Minh Chinh met with the delegation from the U.S.-China Economic and Security Review Commission (USCC) of the United States Congress, led by its Chairman, Reva Price.
