May 24, 2022 | 08:00
The SBV earlier this week reported on the evaluation of the execution of Resolution No.42/2017/QH14 on piloting bad debt settlement of credit organisations.
November 30, 2021 | 12:09
Five years of banking reform are at risk of being wiped away if the bad debt ratio rises again, requiring new legislation for debt settlement with judicious changes to the present framework. Nevertheless, the detrimental influence of the pandemic is not predicted to significantly lower banks’ profit adjustment, credit growth, or net interest margin.
June 28, 2021 | 21:36
VAMC is about to establish a bad debt trading floor to buy and sell bad debts.
June 10, 2021 | 09:00
Unsecured loan sales may see growth accelerated in response to a Vietnamese government ban on debt collection services – however, experts believed a clearer legal framework and firmer rules would help spur a more substantial unsecured debts market.
May 06, 2021 | 18:20
Nguyen Thi Phuong Thanh from VNDIRECT discusses how loosening debt rescheduling would support banks to retain earnings growth and assure capital safety.
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.
February 02, 2021 | 09:05
The Vietnam Asset Management Company (VAMC) bad debts exchange platform will be approved by the central bank at the beginning of 2021.
September 29, 2020 | 09:59
As many companies cope with debts caused by the economic fallout due to the pandemic, they are unable to take loans for maintaining or expanding their business lines.
July 27, 2020 | 08:00
Some organisations have rushed to sell shares of Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) to retrieve bad debts, but it was not easy to find buyers agreeing with the offered price.
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.
June 01, 2020 | 14:48
Developer Landmark Holding is neck-deep in financial troubles and is plagued by uncertainties around its notorious, long-delayed Manhattan Tower project.
April 25, 2020 | 13:04
The fate of Thai Nguyen Iron and Steel plant – phase 2 remains uncertain and it is unable to restart while its debts are only swelling.
April 14, 2020 | 13:00
The health crisis has led to huge demand for capital for Vietnam to fuel domestic production activities and medical treatment. However, questions arise over how the country can positing itself to access more international loans amid its efforts to control public debts.
October 30, 2019 | 11:07
Six Asia-based investors of Huy Vietnam are filing a lawsuit against founder Huy Nhat for suddenly closing the Mon Hue restaurant chain.
October 22, 2019 | 11:33
Local real estate giant FLC’s subsidiary FLC Faros was listed among the top five companies with the heaviest social insurance debts by Hanoi Social Insurance.