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Vietnam Asset Management Company
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State asset management firm plans to set up bad debt exchange
The Vietnam Asset Management Company has announced plans to set up a bad debt trading floor in the next two years.
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.