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).
March 13, 2019 | 16:12
One of the major pharmaceutical firms in the country, Traphaco JSC seems to have forgotten the strength of financial vehicles for profit optimisation.
March 12, 2019 | 20:21
To resolve bad debts, Sacombank has just decided to discount two real estate plots it previously put on sale by nearly VND1.812 trillion ($78.78 million).
May 25, 2018 | 18:41
The first instance hearing ordered QMC to repay nearly $5.7 million to Standard Chartered Vietnam and Standard Chartered Mauritius.
March 22, 2018 | 10:49
Hanoi’s Social Insurance has published a list of 500 businesses with long overdue social insurance premiums, lasting between six months and two years.
April 11, 2013 | 11:30
Banks are taking a cautious approach towards a proposed national asset management company.
March 27, 2013 | 17:29
A long-awaited draft decree addressing bank bad debts is under the microscope.
January 28, 2013 | 17:32
Industry players are chewing over ways to tackle pressing banking sector issues.
November 20, 2012 | 14:21
Founding a national Asset Management Company (AMC) is believed to be one way to radically address the nation’s rock economic situation. National Assembly Finance and Budget Committee’s standing member Bui Duc Thu brings some light to AMC model.
September 22, 2012 | 10:43
Ministry of Finance’s Debt and Asset Trading Company (DATC) general director Pham Thanh Quang sheds some light on the on-going DATC supported business restructuring process and what steps to be taken to facilitate the process.
September 04, 2012 | 14:47
Bad debt restructuring became one of the hottest topics following the announcement of the State Bank’s Chief Inspector confirming banking system bad debt amounted to 8.6 per cent of total lending.
August 22, 2012 | 08:03
Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh on August 21 took the floor to answer deputies and voters questions on the settlement of bad debts, measures to facilitate businesses’ access to capital and the implementation of restructuring projects.
August 14, 2012 | 11:28
Binh An Seafood Co (Bianfishco) will hand over its fish processing plant to the farmers to whom it owes hundreds billions of dong if it misses the payment deadline on August 29, promised its acting general director.
August 06, 2012 | 16:21
The prime minister said public debt must not exceed 65 per cent of the gross domestic product (GDP) by 2020, state-owned enterprises’ (SOEs) debt situation needs to be controlled.
August 01, 2012 | 13:56
The jury is out on whether an asset management company is a smart option to solve banks’ bad debts.