ASEAN pushes forward with 5G connectivty cooperation

ASEAN pushes forward with 5G connectivty cooperation

As ASEAN chair this year, Vietnam is playing a crucial role in further cementing joint activities within the bloc via boosting the application of high technologies to adapt to Industry 4.0, which is sweeping throughout the region.
Banks prepare to cushion slight rise in NPLs

Banks prepare to cushion slight rise in NPLs

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.
Authorities get to grips with new bad debt mountain

Authorities get to grips with new bad debt mountain

A spike in the amount of bad loans sitting in banks’ books has triggered Vietnamese authorities to seek new paths to recovery, with the upcoming bad debt exchange platform envisaged to allow investors to buy and sell distressed assets, which can boost market liquidity. 
South Korean banks apply caution amid relief moves

South Korean banks apply caution amid relief moves

South Korean lenders are continuing to play the waiting game in regards to measures to combat damage caused by the coronavirus outbreak, though domestic banks and investors have been placing growing bets on rate cuts or tolerance to loans.