Credit risk management fundamentals

Credit risk management fundamentals 1

Local banks can take some fundamental steps to address Vietnam’s pressing non performing loan situation, writes Steve Punch, Financial Services director at KPMG in Vietnam.
Firms remain upbeat despite bad news

Firms remain upbeat despite bad news

More international organisations are believing the glass is half full, not half empty when it comes to Vietnam’s economic prospects.
Standard & Poor’s rating downgrade

Standard & Poor’s rating downgrade

Standard & Poor’s has downgraded Vietnam’s local currency long term rating.
Merkel calls for European ratings agency

Merkel calls for European ratings agency

German chancellor Angela Merkel called Sunday for the creation of a European ratings agency, on the back of recent discontent over the downgrading of some EU economies.