Vietnam to focus on solving issue of bad debt

by VTV429 August 2018 Last updated at 09:42 AM

VTV.vn - Bad debt is a long-standing issue in many countries, including Vietnam. However, thanks to the recent policy of the Vietnamese government, Resolution 42, Vietnam has sped up the process that will help them reach an overall debt of 2.09%.

Vietnam has set specific goals for 2020 to bring the overall bad debt to under 3% according to international standards which is why it needs to speed up its procedures and prevent new debt from emerging.

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