Effects of quality of assets and credit loss provision expense to profit of joint stock commercial banks in Vietnam

International economic integration is an inevitable trend and an objective requirement for any country in the current period of development. However, this process, in addition to creating certain advantages and opportunities for countries to participate in integration, also puts these countries in the face of difficulties and challenges. The roadmap for international economic integration puts the enterprises of developing countries in general, the system of joint stock commercial banks in particular, in the face of a new business environment with fierce competitive pressures and unbalanced competitors. Therefore, the research and analysis of the correlation between factors and profits of the Vietnamese joint stock commercial banking system in the current integration period to provide practical solutions which improve the performance of joint stock commercial banks is an urgent issue. From the above practice, this article examines the relationship between asset quality, credit risk provisioning costs, and profitability of joint stock commercial banks in Vietnam through ROE. The paper has evaluated this relationship by using table regression analysis with data collected from 2012 to 2019 at 28 joint stock commercial banks. Data analyzed on the Stata software and the results show a positive relationship between the quality of bank assets and returns and the inverse relationship between the cost of provisioning for credit losses and the profitability of joint stock commercial banks in Vietnam during the above period. Based on this result, a number of recommendations have been proposed to help joint stock commercial banks in Vietnam grow steadily in the condition of the economy being affected by the Covid-19 pandemic.