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The export of labour, that is the sending of Vietnamese workers to work in other countries, is also key to the Vietnamese economy, with much of their earnings being sent back to Vietnam. This labour export was disrupted due to the Covid pandemic , however by 2022, Vietnam hopes to send 90,000 workers abroad.
For example, in mortgage lending in the United States, a debt-to-income ratio typically includes the cost of mortgage payments as well as insurance and property tax, divided by a consumer's monthly income. A "front-end ratio" of 28% or below, together with a "back-end ratio" (including required payments on non-housing debt as well) of 36% or ...
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
A country's gross government debt (also called public debt or sovereign debt [1]) is the financial liabilities of the government sector. [2]: 81 Changes in government debt over time reflect primarily borrowing due to past government deficits. [3] A deficit occurs when a government's expenditures exceed revenues.
It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. ( February 2024 ) Military Commercial Joint Stock Bank ( Ngân hàng thương mại cổ phần Quân đội ), operating as the Military Bank ( MB or redundantly MB Bank ) , is a Vietnamese commercial joint stock bank and a subsidiary of the ...
In economics, the debt-to-GDP ratio is the ratio between a country's government debt (measured in units of currency) and its gross domestic product (GDP) (measured in units of currency per year). A low debt-to-GDP ratio indicates that an economy produces goods and services sufficient to pay back debts without incurring further debt. [ 1 ]
The ability to resolve bad debts is a pressing issue that requires BIDV's attention in recent times. [13] [14] The bank's bad debt level remains high, with provisions for bad debts rising to 87.1% by the end of September 2020, the highest increase in the past two years. [15]