Groundhog day with banks’ bad debts
November 10, 2012 | 17:00
Banks’ bad debts are again under the spotlight. For example, in late 2012’s third quarter, Sacombank’s bad debt rate hiked sharply from 0.57 per cent by the end of 2011 to 1.4 per cent.
Tough work for foreign working pool
October 10, 2011 | 09:00
Notwithstanding the positive attempts made by the government in order to establish the appropriate legal framework in this field, a number of provisions of Decree 46 have been recently criticised for being unclear, or impracticable or inappropriate.
Foreigners to take stock of draft decree
September 05, 2011 | 09:22
A draft decree which introduces certain strict requirements and conditions for share acquisitions may raise concerns to foreign investors who are interested in buying shares in credit institutions in Vietnam, write Dang Duong Anh, executive partner and Nguyen Vu Quynh Lam, senior associate of Vilaf law firm.
Arbitration move to see foreigners rest easy at night
July 23, 2010 | 11:34
The newly-introduced Law on Commercial Arbitration, effective from January 1 next year, is expected to engineer more effective commercial dispute settlements in Vietnam
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