Despite being under control, the practical challenges of managing asset foreclosures and executing judgments put non-performing loans (NPLs) at risk of rising once...
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 financial capability and lending capacity of Vietnamese commercial banks have been considerably impacted by the difficulties of selling assets to collect debts.
Having hold of a large amount of bad debts mortgaged by real estate, Vietnam’s four biggest State-owned banks are urgently recovering the debts, but the work remains...
The settlement of disputes related to security assets of bad debts at banks is still limited, not accepted or resolved according to simplified procedures, affecting the...
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