Rescuing banks’ "dead capital"
The first quarter (Q1) financial reports of listed banks are showing a not-so-positive picture with the total value of bad debt at more than 266,000 billion VND, up...
The first quarter (Q1) financial reports of listed banks are showing a not-so-positive picture with the total value of bad debt at more than 266,000 billion VND, up...
The Viet Dragon Securities Company (VDSC) said that bad debts might continue to increase slightly this year, after a circular allowing banks to reschedule debt repayment...
Vietnam’s industrial sector is currently undergoing rapid growth, particularly in key provinces such as Hai Phong, Hai Duong, Hung Yen, and Quang Ninh. These areas are...
Bình Dương Water-Environment JSC (HoSE: BWE), the sole supplier of clean water in Bình Dương's "industrial capital," is using a debt restructuring approach to lower...
Bad debt of banks continues to increase...
Small banks are more vulnerable to liquidity risks, with their liquid assets declining by 6% in the first half of 2024.
The Vietnam cement market is in surplus supply, while consumer demand is poor, causing Vicem But Son Cement JSC (HNX: BTS) to lose VND 36.5 billion in 2Q24, bringing the...
A problem that has been reflected in the past few years is the "sluggish" banks' ability to sell mortgaged assets to handle bad debts, whether real estate, machinery,...
Amidst the difficulties in cement exports and domestic oversupply, many cement companies has suffered losses in 1Q24.
As bad debts rise and asset seizure rights under Resolution 42 are no longer maintained, commercial banks must establish tight lending requirements and processes.
The State Bank of Vietnam (SBV) proposed extending Circular No. 02/2023/TT-NHNN dated April 23, 2023, on the rescheduling of debt payments and the maintenance of debt...
Japan has a debt ratio of over 250% against around 100% in the US, while BoJ assets are some 125% of GDP against just over 25% for the Fed.
The settlement of bad debts will face many difficulties this year as there are no legal regulations related to repossessing collateral assets, industry insiders said.
The increasing risk of bad debt forces banks to sell secured assets, especially real estate, at discounts.
According to many opinions, the asset quality of banks will be temporarily under control at the current level until the end of 2023, but moving into 2024, the situation...
Though the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as...
Investors of transportation BOT (Build-Operate-Transfer) projects must look to diversify their financing as domestic commercial banks have not been willing to loosen the...
Traffic BOT bad debts heated up the 6th Session of the National Assembly once again, with the bad debt ratio much higher than expected.
Businesses, particularly property developers, are under pressure to sell off assets and real estate projects to settle their debts, including bond repayments and bank...
The poor business results of renewable energy businesses stem from many reasons, including businesses using financial leverage by mobilising large amounts of capital...
The financial statements of the first 6 months of 2023 of banks are gradually being "revealed", in which, the picture of bad debt is still covered in gray.
The Vietnam Banks Association (VNBA) has suggested the Government submit a request to the National Assembly for a resolution to support firms and people to overcome...