Urgent requirement for the debt trading market
The financial capability and lending capacity of Vietnamese commercial banks have been considerably impacted by the difficulties of selling assets to collect debts.
The financial capability and lending capacity of Vietnamese commercial banks have been considerably impacted by the difficulties of selling assets to collect debts.
According to data from the State Bank of Vietnam (SBV), the bad debt ratio on the balance sheet of the whole system by the end of February 2023 has reached 2.91%,...
The reduction of debt repayment obligations of the restructured enterprise must be associated with the fact that the Vietnam Debt Trading Company converts debts and...
According to a report by the Asset Management Company of Credit Institutions (VAMC), the Covid-19 pandemic not only negatively affected the business results of the...
The move aims to help the country's banking sector resolve bad debts that need a debt market and qualified investors.
Experts called for Vietnam to soon provide a legal framework for the securitization of bad debts.