11-10-2023 16:26
The Union Bank of Switzerland (UBS) has rated Thailand’s long-term debt sustainability as stable, despite earlier concerns that it might face a downgrade in its credit rating if there were efforts to stimulate the economy through the 10,000 THB (271 USD) digital wallet scheme.
11-08-2023 14:47
Throughout the first half of this year, many banks – particularly smaller entities – have witnessed a sharp reduction in their profits.
07-08-2023 11:16
Tran Thi Khanh Hien, head of Research at MB Securities, delves into the factors impacting bank performances this year.
29-06-2023 15:24
The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing inflation and stabilising macro-economic factors, according to insiders.
21-06-2023 11:34
Low credit demand might be an early indicator that bad debt will increase. Nguyen Thi Phuong, deputy general director of Agribank, talked to VIR’s Nhue Man about the issue in the domestic market.
30-05-2023 18:38
Last week the State Bank of Vietnam continued reducing diverse regulatory interest rates in a bid to help remove impediments for borrowers, as well as support credit institution efforts to drive down input costs, and from there be able to reduce lending rates.
26-05-2023 16:09
On May 23, the SBV announced additional adjustments to a series of key interest rates, effective from May 25. This move marks the third round of reductions designed to boost the economy in less than three months. Interest rates are predicted to soften in the second half of the year, due to several factors in both the domestic and international markets.
20-05-2023 10:00
As bad debts continue to pose a threat to the banking sector's performance, financial authorities are implementing a host of measures to keep tabs on credit quality and mitigate risk to optimise the efficiency of credit institution restructuring.
06-05-2023 12:10
Several banks have posted low profit growth in the first quarter (Q1) of this year, with some even seeing negative growth, mostly due to a spike in non-performing loans (NPLs), leading to soaring provisioning costs.
13-03-2023 14:47
Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad debts.
09-02-2023 12:33
Despite a bright business outlook, non-performing loans are causing significant concerns to banks amid a challenging environment in both the domestic and global market, according to industry experts.
06-02-2023 12:21
The rate of bad debt is rising at commercial banks and is expected to increase further amid real estate market woes.
28-12-2022 17:04
With Vietnam’s borrowing plan revealed and budget landscape finalised for next year, Vietnam is expected to see its public debt stay within the permissible limit, ensuring financial security for the nation.
13-12-2022 18:39
While the bad debt market in Vietnam is still in its infancy and positive conditions have converged, stronger steps need to be taken.
17-11-2022 16:00
As VAT refunds represent a crucial part of the cash flow of timber processors, the current delay is throwing a wrench in the operations of woodchip, furniture, and other timber-based producers, leading related associations to call for easier regulations.