Tag bad debts
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State asset management firm plans $2.14 billion bad debt recovery

The Vietnam Asset Management Company, set up to buy bad debts from commercial banks, plans to recover VND50 trillion ($2.14 billion) this year.

Central bank’s proposed clampdown on cash loans might hurt finance companies

With the government seeking to clamp down on cash loans given by finance companies, there are fears their bottom lines might be hit.

Sacombank largest seller to state-owned debt buyer

83 percent of bad debts the Vietnam Asset Management Company (VAMC) bought last year at market prices came from private lender Sacombank.
July 23, 2018 | 01:39 pm GMT+7

Vietnam bank loans up 6.16 pct in 5 months

Bad debts accounted for 2.18 percent of total lending at the end of the first quarter of 2017.
June 11, 2018 | 04:59 pm GMT+7

Vietnam’s banking sector expects 44 pct surge in profits in 2017

Bad debts have gone down and the real estate market is warming up.
December 26, 2017 | 02:49 pm GMT+7

Most banks in Vietnam expect profits up, bad debts stable this year

Bad debt in Q2 and in the whole of this year would stay unchanged or dip slightly from Q1.
April 03, 2017 | 02:34 pm GMT+7

Vietnam's central bank terminates tycoon's managing role in Sacombank

The departure of the tycoon is part of the government's efforts to reshape the country's banking system.
February 25, 2017 | 11:19 am GMT+7

Vietnam's bad debt down to 2.9 pct in 2015

Bad debt within the Vietnamese banking system fell to 2.9 percent of outstanding loans at the end of 2015 from 3.7 percent a year before, according to the annual financial report released on March 14 by the government's National Financial Supervisory Commission.
March 16, 2016 | 04:19 pm GMT+7
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