debt

Debt recovery methods to be cleaned up

October 04, 2024 | 10:35

Commercial banks in Vietnam are grappling with rising loans and regulatory gaps, especially concerning debt recovery and managing real estate collateral, and highlighting the urgent need for clearer guidance on land use and leasing.

Loopholes continue to play part in rising NPL ratios

April 22, 2024 | 10:13

Finance leaders have highlighted the urgency for a stronger legal system to tackle rising non-performing loans and address debt collection hurdles.

Vietnam’s debt structure meeting limit targets

January 09, 2024 | 11:52

Vietnam has reviewed its public debt status for the 2021-2023 period, while expecting to seek big loans this year to service growing expenditure demands while ensuring national financial security.

Thailand’s long-term debt stable: Union Bank of Switzerland

October 11, 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.

Unlocking every dollar for a world in crisis

October 05, 2023 | 14:44

The pandemic left a legacy of poverty, debt distress, and inequality, amid a worsening cost-of-living crisis.

Lenders to benefit in SBV debt reposition

May 04, 2023 | 09:17

The State Bank of Vietnam’s fresh set of policies are anticipated to ameliorate the financial strain faced by both creditors and debtors, as well as establish a robust legal framework for debt restructuring to be allocated over a two-year period.

Debt rates set to remain lower than planned limits

December 28, 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.

Cost-cutting measures aid debt drop

September 01, 2022 | 21:04

Vietnam is witnessing a strong reduction in its public debt following its close control of the issue, with the government exercising a stringent policy on increasing revenues and reducing expenditures.

Strengthened debt control underway

June 14, 2022 | 10:00

In a bid to continue ensuring the country’s financial healthy situation, the National Assembly and the government have continued underscoring stringent management of the state budget as a solution to continue ensuring a safe public debt level.

Wind power: cornerstone of the recovery

February 05, 2022 | 12:35

The COVID-19 pandemic has created an unprecedented economic and social challenge around the world. Countries and communities are facing economic contractions, rising unemployment rates, capital flow disruption, and growing debt burdens.

Close control of debt augurs well for budget

October 30, 2021 | 09:00

An expansion in expenditure for supporting enterprises should help shore up Vietnam’s financial security, and not leave public debt in the lurch this year.

Debt trading interest creates call for new framework

October 29, 2021 | 08:00

New legislation is needed to secure the future of debt trading – and with prudent tweaks to the current regime, Vietnam could open up the market for retail trading on its newest platform, bringing together banks and investors.

Debt improvements illustrate efficiency

August 04, 2021 | 11:20

Despite huge spending from state coffers on supporting both individuals and enterprises, Vietnam has nevertheless controlled public debt over the past five years, with the country’s financial security and also debt quality ensured.

Debt under control thanks to prudent and effective actions

July 09, 2021 | 08:00

Effective usage of the state budget has helped Vietnam succeed in bringing public debt under control since 2016, ensuring national financial security.

Predatory debt collectors hustling on borrowed time

July 01, 2020 | 14:00

Debt-collecting businesses are to be banned in Vietnam as part of local government action to protect customers’ rights, with the upsurge of predatory lending services triggering heated debate and eroding public trust.