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Vietnam’s debt-collecting agency seizes skyscraper to cover $308 million loan

The Saigon One Tower has been abandoned since the housing crisis hit the city in 2011.

Vietnam's banking cleanup efforts recoup 18 percent of toxic debts

The country may need $25 billion to clear toxic debts off bank books.

Vietnam takes stronger stance against banking reform evaders

Banking bigwigs are going to have to show how they got so rich in the first place.
January 26, 2017 | 09:43 am GMT+7

ADB willing to lend Vietnam a hand to clear toxic debts in banking system: PM

The regional development bank is considering a buy-out of a troubled bank in Vietnam.
December 09, 2016 | 07:02 pm GMT+7

Vietnam 'debt bank' finds itself struggling for funds

The government has only recouped 15 percent of the bad debt it's bought from troubled banks.
October 27, 2016 | 04:51 pm GMT+7

HCMC's credit growth hits 4-year high in Jan-Sep

Low interest rates boosted lending to $63 billion in the first nine months.
October 17, 2016 | 03:45 pm GMT+7

Vietnam's banking system needs $25 bln to clear off toxic debts

The country needs $25 billion to address bad debt, equivalent to 13 percent of the country’s gross domestic product in 2015, financial experts say.
October 13, 2016 | 03:00 pm GMT+7

Vietnam banks see 2016 credit growth at 21.8 percent: central bank survey

That would be higher than the central bank's target of between 18 and 20 percent for the year, and a sharp rise from last year.
October 11, 2016 | 10:59 am GMT+7

Vietnam's bad debts under control, central bank says

The State Bank of Vietnam aims to bring down toxic debts in local lenders to below 3 percent of total outstanding loans this year.
October 08, 2016 | 03:00 pm GMT+7

Vietnam shifts to domestic funding to finance public spending

With the country hitting middle-income status, overseas credit is drying up.
July 19, 2016 | 07:51 am GMT+7

Vietnamese central bank determined to keep bad debt ratio below 3 pct

The State Bank of Vietnam on Wednesday reaffirmed its commitment to keep the bad debt ratio at less than 3 percent of outstanding loans in 2016.
June 30, 2016 | 03:49 pm GMT+7

World Bank cuts 2016 global growth forecast

The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January due to sluggish growth in advanced economies, low ...
June 08, 2016 | 05:09 pm GMT+7

Vietnam to retain state control of enterprises in national security and defense

Vietnam is trying to accelerate share sales in state-owned enterprises (SOEs) that began in the 1990s as the government seeks to spur economic growth to 6.7 percent this year. ...
June 03, 2016 | 05:52 pm GMT+7

Vietnamese enterprises hit bank loan barriers

High rates and difficulties in loan access are the most typical problems that Vietnamese enterprises are facing, the Vietnam News Agency quoted the Vietnam Chamber of Commerce and ...
April 29, 2016 | 03:06 pm GMT+7

Vietnam’s economic growth to expand 6.9 pct in 2016-2017: UN report

Vietnam’s economic growth is expected to grow 6.8 percent - 6.9 percent in 2016 and 2017 mainly on the back of continued consumer demand, said the United Nations on Thursday in ...
April 28, 2016 | 05:55 pm GMT+7