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Vietnam's bad debts under control, central bank says

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.

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

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.

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

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 | 12:00 am PT

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