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12:56 | 10/08/2020
Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.
08:00 | 27/07/2020
Some organisations have rushed to sell shares of Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) to retrieve bad debts, but it was not ...
08:45 | 21/07/2020
A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery.
06:58 | 08/06/2020
The Vietnam Asset Management Company (VAMC) targeted to settle bad debts worth totally 50 trillion VND (2.15 billion USD) this year.
19:23 | 12/04/2020
Many banks in Ho Chi Minh City are selling their mortgaged assets, mainly properties worth trillions of Vietnamese dong, to speed up the resolution of ...
11:44 | 30/03/2020
With Saplastic standing on the brink of bankruptcy, it is unlikely BIDV and NCB will be able to collect their dues from the company.
15:52 | 03/02/2020
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).
17:11 | 26/12/2019
Privately-held VPBank has just completed buying back all outstanding bonds at VAMC providing the foundations for profit growth in the forthcoming years.
17:23 | 18/12/2019
Kien Long Bank has become the eighth bank to clear all bad debts they had previously sold to the Viet Nam Asset Management Company (VAMC) ...
10:46 | 12/11/2019
A proposal has been raised to allow the SBV to purchase stocks of banks under special review to handle the prolonged bad debts permeating the ...