Banks step up bad debt recovery in 2019

Wednesday, Jul 31, 2019

According to a representative of Sacombank, the lender has recovered bad debts worth more than VND11 trillion (US$472 million) in the first half of the year.

Credit institutions recover nearly $8.8b of bad debts

Thursday, Apr 04, 2019

Credit institutions in Việt Nam settled more than VNĐ204.4 trillion (US$8.77 billion) of non-performing loans (NPLs) by the end of the first quarter this year, said Nguyễn Thị Hồng, deputy governor of the State Bank of Việt Nam (SBV).

Bad debt ratio at 2.3% by end 2017

Friday, Jan 12, 2018

Non-performing loans (NPLs) of credit institutions were controlled effectively in 2017, helping the NPL ratio of the entire banking system reduce to 2.3 per cent from 2.46 per cent in late 2016.

Update mortgage law, experts say

Wednesday, Dec 07, 2016

Legal regulations on settling mortgaged assets must be streamlined to help credit institutions solve non-performing loans (NPLs), participants at a conference held in Ha Noi said yesterday.

$9.4m of bad debt recovered

Saturday, Mar 01, 2014

The Viet Nam Asset Management Company (VAMC) has purchased VND39 trillion (US$1.8 billion) in bad debts, of which VND200 billion ($9.4 million) has been recovered, said VAMC''s vice president Nguyen Quoc Hung on February 28.