Preservation

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

Dong Thap is famous for its lotus fields. According to the Institute for Tourism Development Research under the Vietnam National Administration of Tourism (VNAT), the Mekong Delta has a special and diversified ecosystem featuring different habitat types of the sea, islands, river gates, mangrove forest, islets, biosphere reserves, national parks, nature reserves, typical diversified natural resource, unique culture and history creating oriental multiple cultural identities of the region. Globalization and international integration have created a driving force for tourism development, a connection between the Mekong Delta region and HCMC along with areas across the country and nations. The tourism growth of the Mekong Delta and HCMC will affect the socioeconomic development of localities in the region. Moreover, tourism also provides chances to introduce cultural values, landscapes and Vietnamese people to international friends and offers cooperation opportunities among provinces … [Read more...] about HCMC, Southern provinces boost linkage for tourism development