Bright outlook for banking sector

by VTV410 May 2018 Last updated at 06:11 AM

VTV.vn - Vietnam's foreign reserves reached $63 billion, a record high. The credit rating of Vietnam's banking system has also been raised from "stable" to "positive" and inflation is at a low level.

These were the recent assessments from the forum entitled "A comprehensive Look at the Banking Sector" which was held yesterday in Hanoi.

According to the State Bank of Vietnam, with the current situation, more than 26 billion USD of bad debts will be resolved from now until 2022. However, although the banking system has been more stable, the credit institutions in Vietnam should still be prepared as the country becomes more integrated.

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