Banks sold limited debts amounts to the Viet Nam Asset Management
Company (VAMC) this year, although their bad loans are increasing,
reported Dau tu (Viet Nam Investment Review) online.
The banking system is plagued by low credit growth,
huge liquidity but firms unable to borrow, and difficulty in selling
mortgaged assets to liquidate bad loans, heard a meeting between
National Assembly members representing HCM City and the central bank in
the city on...
Around 10 credit institutions are queuing up to sell their
non-performing loans to the Viet Nam Asset Management Company (VAMC), in
an attempt to shore up their balance sheets
