June 28, 2024 | 19:55
On June 27, IFC announced a partnership with Welcome Financial Group to resolve non-performing loans and enable increased access to finance in Vietnam.
May 17, 2024 | 07:50
Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, elaborates on the credit landscape in the first quarter of this year.
June 28, 2021 | 21:36
VAMC is about to establish a bad debt trading floor to buy and sell bad debts.
February 05, 2021 | 09:31
While there have been sharp increases in NPLs due to the unprecedented pandemic, some lenders have successfully kept their ratios below 1 per cent.
July 13, 2020 | 21:18
With the bad debts dragging BIDV down, forcing the bank to recently put the debts of Nam Son Trading Development and Construction JSC (Nam Son) on sale.
July 08, 2020 | 12:09
Concerns are mounting about the resilience of the Vietnamese banking system amidst the COVID-19 outbreak as escalating soured debt and lower after-tax profits have put lenders in riskier positions.
May 15, 2020 | 10:23
Poor sales at The Era Town real estate project forced BIDV to lower the price of 55 apartments to about VND14 million ($610) per square metre.
May 08, 2020 | 16:19
Hotel owners across Asia are seeking greater access to debt financing to bolster cash flows as they face historically low occupancy rates.
February 03, 2020 | 15:52
Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Viet Nam Asset Management Company (VAMC).
May 06, 2019 | 10:20
Local cement company Cong Thanh Group’s trillion-VND debts at Vietinbank will be shifted to Vietnam Asset Management Company (VAMC).
April 27, 2019 | 09:00
HDBank has just released its first-quarter financial statement, with profitability and asset quality staying high compared to the overall banking sector.
April 03, 2018 | 13:38
The crowning jewel of Saigon's vista, Saigon One Tower will be put on public auction, for a measly sum that investors still find too high.
January 22, 2013 | 10:18
Non-performing loans (NPLs) may continue to rise, even as the State Bank works to resolve the crisis.
January 07, 2013 | 11:06
Curtailing inflation provided the silver lining to a stormy economy in 2012. But can Vietnam find sunnier days ahead?
December 10, 2012 | 14:10
Non-performing loan and cross-ownership are two big issues that Vietnam has to clean up in its banking sector to improve investors’ confidence in the economy.