Hanoi, Oct. 15 -- Nearly 9.6 trillion VND (417.3 million USD) worth of bad debts were handled each month from August 15, 2017 to August 31, 2019, or 4.7 trillion VND higher than that during the 2012 - 2017 period.

Deputy chief inspector of the Banking Supervision Agency under the State Bank of Vietnam (SBV) Nguyen Trong Du told a teleconference on October 15 to review the two-year implementation of the National Assembly's Resolution No.42/2017/QH14 on pilot settlement of bad debts by credit organisations and the Prime Minister's Decision No.1058/QD-TTg approving the project on restructuring credit organisations associated with the settlement of bad debts for the 2016 - 2020 period.

Du said as of August 31, 2019, the rate of bad debts of...