npls

VAMC to establish a bad debt trading platform in Vietnam

June 28, 2021 | 21:36

VAMC is about to establish a bad debt trading floor to buy and sell bad debts.

Which Vietnamese banks have been keeping NPLs under 1 per cent?

February 05, 2021 | 09:31

While there have been sharp increases in NPLs due to the unprecedented pandemic, some lenders have successfully kept their ratios below 1 per cent.

BIDV puts Nam Son arrears on trade to resolve bad debt

July 13, 2020 | 21:18

With the bad debts dragging BIDV down, forcing the bank to recently put the debts of Nam Son Trading Development and Construction JSC (Nam Son) on sale.

Banks prepare to cushion slight rise in NPLs

July 08, 2020 | 12:09

Concerns are mounting about the resilience of the Vietnamese banking system amidst the COVID-19 outbreak as escalating soured debt and lower after-tax profits have put lenders in riskier positions.

BIDV lowers price of 55 apartments of The Era Town after poor sales

May 15, 2020 | 10:23

Poor sales at The Era Town real estate project forced BIDV to lower the price of 55 apartments to about VND14 million ($610) per square metre.

Asian hotel investors pivot to debt financing as owners look to shore up balance sheets

May 08, 2020 | 16:19

Hotel owners across Asia are seeking greater access to debt financing to bolster cash flows as they face historically low occupancy rates.

Twelve banks clear all bad debts at VAMC

February 03, 2020 | 15:52

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Viet Nam Asset Management Company (VAMC).

Vietinbank sell Cong Thanh's huge debts to VAMC

May 06, 2019 | 10:20

Local cement company Cong Thanh Group’s trillion-VND debts at Vietinbank will be shifted to Vietnam Asset Management Company (VAMC).

HDBank registers rosy first quarter performance

April 27, 2019 | 09:00

HDBank has just released its first-quarter financial statement, with profitability and asset quality staying high compared to the overall banking sector.

Investors frown at unrealistic listing price of Saigon One Tower

April 03, 2018 | 13:38

The crowning jewel of Saigon's vista, Saigon One Tower will be put on public auction, for a measly sum that investors still find too high.

IFC uses its expertise to help tackle NPL problem

January 22, 2013 | 10:18

Non-performing loans (NPLs) may continue to rise, even as the State Bank works to resolve the crisis.

4 steps to a better economy

January 07, 2013 | 11:06

Curtailing inflation provided the silver lining to a stormy economy in 2012. But can Vietnam find sunnier days ahead?

IFC investing in Vietnam to help settle banking issues

December 10, 2012 | 14:10

Non-performing loan and cross-ownership are two big issues that Vietnam has to clean up in its banking sector to improve investors’ confidence in the economy.

Running to tackle NPLs head on

November 19, 2012 | 11:20

The State Bank’s measures to deal with non-performing loans have shown initial positive results, State Bank Governor Nguyen Van Binh told the National Assembly last week.