On December 4, 2024, the Governor of the State Bank of Vietnam issued Circular 53/2024/TT-NHNN regulating the restructuring of debt repayment schedules for credit institutions and foreign bank branches for customers facing difficulties due to the impact and damage from Typhoon No. 3, flooding, storms, and landslides after Typhoon No. 3.
On December 4, 2024, the Prime Minister of Vietnam issued Decision 1510/QD-TTg regarding the classification of assets, the level of risk provisioning, the method of risk provisioning, and the use of provisions for handling risks concerning debts of customers experiencing difficulties due to the impact and damages of Typhoon No. 3.
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