SHB focuses on handling debts at Vinashin and VAMC

SHB focuses on handling debts at Vinashin and VAMC

SHB will soon handle all debts of Vinashin and purchase all bonds held by VAMC this year thanks to increasing loan-loss provisioning.
VAMC bad debts platform facilitates market options

VAMC bad debts platform facilitates market options

The upcoming bad debt exchange platform from Vietnam Asset Management Company is being viewed as a promising legal intermediary which can effectively deal with sour loans, as well as help lenders simplify procedures for collateral disputes while enhancing transparency.
VAMC to establish a bad debt trading platform in Vietnam

VAMC to establish a bad debt trading platform in Vietnam

VAMC is about to establish a bad debt trading floor to buy and sell bad debts.
VAMC bad debts exchange platform to soon receive approval

VAMC bad debts exchange platform to soon receive approval

The Vietnam Asset Management Company (VAMC) bad debts exchange platform will be approved by the central bank at the beginning of 2021.
State Bank proposes expanding VAMC's operation

State Bank proposes expanding VAMC's operation

The State Bank of Viet Nam (SBV) proposes expanding the Viet Nam Asset Management Company's (VAMC) operations, saying the agency should purchase and sell bad debts and assets of all sectors in the economy.
DATC auctions more than 4 million shares of MSB

DATC auctions more than 4 million shares of MSB

Vietnam’s Debt and Asset Trading Corporation (DATC) has offered to sell a complete lot of more than 4 million shares of the Vietnam Maritime Commercial Joint Stock Bank (MSB) on December 23.
Twelve banks clear all bad debts at VAMC

Twelve banks clear all bad debts at VAMC

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Viet Nam Asset Management Company (VAMC).
VPBank completes buying back bad debts from VAMC

VPBank completes buying back bad debts from VAMC

Privately-held VPBank has just completed buying back all outstanding bonds at VAMC providing the foundations for profit growth in the forthcoming years.
Eighth bank cleared all bad debts at VAMC

Eighth bank cleared all bad debts at VAMC

Kien Long Bank has become the eighth bank to clear all bad debts they had previously sold to the Viet Nam Asset Management Company (VAMC) before the maturity date, VAMC announced on Tuesday.
VMAC builds strategy for debt trading

VMAC builds strategy for debt trading

The Viet Nam Asset Management Company (VAMC) is planning to develop a new strategy for buying and selling bad debts in Viet Nam this year, in which it will play a central role to promote the development of the debt trading market.
Vietinbank sell Cong Thanh's huge debts to VAMC

Vietinbank sell Cong Thanh's huge debts to VAMC

Local cement company Cong Thanh Group’s trillion-VND debts at Vietinbank will be shifted to Vietnam Asset Management Company (VAMC).
Central bank focuses on bad debt settlement in 2019

Central bank focuses on bad debt settlement in 2019

The Government has directed the State Bank of Vietnam (SBV) to focus on the settlement of non-performing loans (NPLs) in 2019 ..
VAMC plans to resolve $5.95b of bad debts by 2020

VAMC plans to resolve $5.95b of bad debts by 2020

The Viet Nam Asset Management Company (VAMC) plans to resolve at least VND140 trillion (US$5.95 billion) of non-performing loans (NPLs) from now until 2020, of which VND34.5 trillion will be settled this year.
Bad debt ratio drops to 2.18pc in five years

Bad debt ratio drops to 2.18pc in five years

The non-performing loan (NPL) ratio at Vietnam’s credit institutions has dropped from 3.61 per cent in 2013 to 2.18 per cent currently, according to the Vietnam Asset Management Company (VAMC).
Banks buying back bad debts from VAMC

Banks buying back bad debts from VAMC

Following Vietcombank, banks are stepping up efforts to buy back bad debts from state-owned Vietnam Asset Management Company to cushion the bad debt threat.
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