Vietnam Asset Management Company Bad Debt










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Bad Debt to Be Tackled More Substantively
showing that bad debts on internal balance sheets and sold to Vietnam Asset Management Company (VAMC) accounted for 5.81 per cent of total outstanding loans. If rescheduled bad debts were taken into account, the bad debt ratio would be 10.08 per cent.

Vietnam’s ‘bad bank’ takes over $474m of spoiled debt
Vietnam’s newly launched “bad bank”, designed as a state asset management company to take over and “clean up” toxic debt from other local banks, has started operations and will be buying the first batch of bad debt in the next two weeks.

VAMC needs more capital to settle bad debts
The Vietnam Asset Management Company (VAMC) will need more capital to further benefit from the National Assembly’s recent resolution on the settlement of non-performing loans (NPLs), experts said. The Resolution 42/2017/QH14 on piloting the bad debt.

VAMC needs more capital to settle bad debts
The Viet Nam Asset Management Company (VAMC) will need more capital to further benefit from the National Assembly’s recent resolution on the settlement of non-performing loans (NPLs), experts said. The Resolution 42/2017/QH14 on piloting the bad debt.

Vietnam: Bad debt disposal
The Vietnam National Assembly has been taking steps to reduce the bad debts of credit institutions, including those sold to the Vietnam Asset Management Company (VAMC), to less than three percent of the total outstanding loans by 2020. As part of these.

National asset manager reclaims skyscraper in HCMC to handle deep debt
Vietnam Asset Management Company (VAMC) yesterday reclaimed the security property of Saigon One Tower Company, which is Saigon M&C Building in downtown HCMC, to collect bad debts. Saigon M&C Building at 34 Ton Duc Thang, District 1, HCMC That is the first.

Bad debts bedevil Vietnam’s banks
In addition, it has established the Vietnam Asset Management Company, a state fund focused on restructuring bad debts to reduce the amount of NPLs in the financial system. Since 2013, VAMC has bought Vnd218.9tn ($9.9bn) worth of NPLs for Vnd191.3tn.

Vietnam to force banks to sell bad debt to asset company
Vietnam plans to force the sale of non-performing loans to a soon-to-be established asset management company and clear up nearly $5 billion of bad debt, as the government steps up its banking overhaul efforts. Lenders with bad-debt ratios of 3 percent and.