Credit institutions in Vietnam shall consider restructuring the debt repayment terms for customers facing difficulties due to the impacts, damages, flooding, landslides caused by Typhoon No. 3.
Recently, the Government of Vietnam issued Decree 92/2018/ND-CP replacing Decision 01/2013/QD-TTg on the management and use of the Accumulation Fund for Debt Repayment, addressing the issues, shortcomings, and ensuring risk management for on-lending and guarantees by the Government of Vietnam.
When a married couple in Vietnam divorces, one of the issues that must be resolved is determining the debt repayment obligations of each individual. In principle, common property will be used to repay common obligations, while individual obligations of each person will be repaid from their respective individual assets.
Recently, the Ministry of Finance issued Circular 107/2008/TT-BTC to supplement certain points on the management and administration of the state budget.
To urgently issue internal regulations on rescheduling debt repayment and keeping the debt group unchanged in Vietnam is the notable point specified in Directive 02/CT-NHNN dated 23/5/2023.
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