The new Saigon Commercial Bank (SCB), formed by its 2012 merger with two
other joint stock banks, Viet Nam Tin Nghia and De Nhat, is turning
things around after a difficult start.
The Vietnam Asset Management Company (VAMC), a powerful legal entity
established to restructure the bad debts of the State Bank of Viet Nam
(SBV), officially began operations in Ha Noi on Friday.
