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Wednesday, 17/8/2022
Vietnamese Edition

Thanh Nien News

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Bundles of dong bank notes are seen in Hanoi. File photo

Vietnam seeks fix to legal vacuum blocking bad debt cleanup

Regulatory problems have hampered the sale of billions of dollars in soured loans at banks and state companies

Central bank orders lenders to sell bad debts by September

Central bank orders lenders to sell bad debts by September

Hopes to clean up banks' balance sheets this year to overhaul industry

Bundles of dong bank notes are seen in Hanoi, Vietnam.

Vietnam plans faster lending in 2015 to spur growth

  Vietnam expects lending to pick up next year, rising by up to 15 percent to accommodate a quicker economic expansion after inflation...

Commuters on a motorcycle ride past a commercial building in Hanoi, Vietnam. The Southeast Asian nation is stepping up efforts to resolve bad debt that has crimped lending to businesses and pushed economic growth below 6 percent for two straight years.

Vietnam tightens valuations to clean up bad debt

Vietnam’s state asset management company will use its own valuations instead of inflated book values to buy bad debt from...

Few investors were willing to buy bad debts and collateral as Vietnam's debt-solving firm, VAMC, offered them at higher prices than market value, an economist said. Photo: Ngoc Thang

Vietnam must accept market prices on bad debts: experts

Vietnam's central bank should allow its asset-management firm to sell bad debt at market prices, or it will fail to...

A transaction at the Bank for Investment and Development of Vietnam (BIDV) in Hanoi. Photo: Kham/REUTERS

Banks alone cannot clear their bad debts: economists

Bad debts have continued to drag on Vietnam's economy due to the failure of the central bank’s bad debt buying...

Vietnam central bank to force more weak banks into mergers, takeovers

Vietnam central bank to force more weak banks into mergers, takeovers

Six or seven banks would be forced into mergers and takeovers this year as part of an ongoing plan to...

Vietnam asset management firm buys $186 mil worth bank bad debts

Vietnam asset management firm buys $186 mil worth bank bad debts

The state-owned asset management company said it failed to achieve the first quarter target but was hopeful of hitting the...
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Travel

Hashtag #Vietnam: The week's best photos

Hashtag #Vietnam: The week's best photos

Here are 10 of the most memorable snapshots on Instagram this week
  • Hue plans audio guides, free Wi-Fi for tourists
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Opinion

A foreigner studying a housing project in Ho Chi Minh City. Photo: Dinh Son

Vietnam property market: to buy or not to buy?

  The new legislation played a major role in addressing many issues that foreigners previously faced and made Vietnam property market “sexy” again
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Editor-in-Chief: Nguyen Quang Thong
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