Asset valuation methods

It is the information stated in the Government's report No.174/BC-CP sent to the NA to prepare for the third session. According to the report, in case Resolution No.42 cannot continue to be implemented, the volume of bad debts determined under Resolution No.42 that has not been resolved, including newly arisen bad debts, is expected to reach VND430 trillion ($18.6 billion) at the end of 2022 and VND443 trillion at the end of 2023. After handling a large number of bad debts in 2018 and 2019, the bad debt settlement speed in 2020 and 2021 tended to slow down due to the impact of the Covid-19 pandemic on the financial situation. Therefore, to continue to achieve the goal of handling and controlling the bad debt ratio of the system of credit institutions in the coming time is a big challenge for the banking industry, requiring the participation of the political system, the close coordination of ministries, agencies, and localities in implementing solutions on handling bad debts, … [Read more...] about Unresolved bad debt remains at high level

The course was co-organized by the standing office of the national coordinating agency for prevention and control of weapons of mass destruction (WMD) proliferation (also called Standing Office 81) and the Export and Related Border Security Program of the U.S. Department of State, via both online and offline formats. Joining the course, experts updated participants with information related to chemical, biological, radioactive, nuclear and explosive weapons, measures to detect materials and equipment related to CBRNE weapons, methods of preventing the production, sale, and distribution of materials and equipment regarding CBRNE weapons, as well as regulations on chemical management, radiation and nuclear safety, and WMD proliferation prevention in Vietnam. The training course gave troops a better understanding of the Government’s Decree 81/2019 on the prevention and control of WMD proliferation, contributing to promoting the implementation of U.N. Security Council’s resolutions and … [Read more...] about Training course on CBRNE held for military units in Central region

During the debate, the Vietnamese diplomat said Vietnam shares the international community's common concern about increasing challenges facing the global food system due to the impacts of the COVID-19 pandemic, climate change and natural disasters. This seriously affects the food security of countries, especially developing countries and countries with conflicts, he said. Besides humanitarian efforts, sustainable measures are needed to strengthen the capacity of developing and conflict-affected countries to secure food supplies and improve living standards for people, as well as promote the settlement of root causes of conflicts, peace building, and conflict prevention, Giang stressed. He spoke highly of efforts made by the U.N., the Food and Agriculture Organisation (FAO), the U.N. World Food Program (WFP) and international donors in responding to hunger, and suggested the U.N. and its partners promptly share information on food insecurity caused or aggravated by conflicts, thus … [Read more...] about Vietnam calls for ensuring food security for global peace and development