Tags buy bad debts Banks cut lending interest rates on gov't advice Monday, May 16, 2016 Last week several banks cut their lending interest rates on the recommendation of the State Bank of Viet Nam. VAMC issues bonds to buy bad debts Monday, Sep 23, 2013 Viet Nam Assets Management Company (VAMC) plans to issue VND35 trillion (US$1.67 billion) worth of bonds to buy bad debts from credit institutions this year, said the company''s vice chairman, Le Quoc Hung.