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VAMC

VAMC to auction bad debts starting at nearly 10 mln

VAMC to auction bad debts starting at nearly $10 mln

VAMC has purchased the bad debts of Sacombank related to Phúc An Khang International Hospital and Bình Dương Construction Stone.
Central bank works on bad debt regulations

Central bank works on bad debt regulations

The draft circular supplements regulations that VAMC can sell collateral of a NPL higher or lower than the principal balance of the NPL.
State Bank asks for extension to bad debt programme

State Bank asks for extension to bad debt programme

The government has asked for an extension to a pilot programme designed to handle bad debt from domestic financial institutions during a meeting with the National Assembly yesterday in Ha Noi.
Bad debt trading platform to start operation

Bad debt trading platform to start operation

The bad debt trading floor of Vietnam Asset Management Company (VAMC) is set to begin operation today (October 15).
VAMC to open a debt exchange

VAMC to open a debt exchange

Viet Nam Asset Management Company (VAMC) said it is completing the final procedures to open a debt exchange.
VN to soon have a debt exchange

VN to soon have a debt exchange

Establishing a debt exchange has been earmarked as a key task of the State-run Viet Nam Asset Management Company (VAMC) over the next five years, a good signal for the formation of long-waited debt trading floor to resolve bad debts..
State Bank proposes expanding VAMCs operation

State Bank proposes expanding VAMC's operation

The State Bank of Viet Nam (SBV) proposes expanding the Viet Nam Asset Management Company (VAMC) operations, saying the agency should purchase and sell bad debts and assets of all sectors in the economy.
DATC auctions more than 4 million shares of MSB

DATC auctions more than 4 million shares of MSB

Việt Nam’s Debt and Asset Trading Corporation (DATC) has offered to sell a complete lot of more than 4 million shares of the Vietnam Maritime Commercial Joint Stock Bank (MSB) on December 23.
VAMC targets to settle VND50 trillion bad debts this year

VAMC targets to settle VND50 trillion bad debts this year

The Viet Nam Asset Management Company (VAMC) targeted to settle bad debts worth totally VND50 trillion (US$2.15 billion) this year.
BIDV clears bad debts at VAMC

BIDV clears bad debts at VAMC

The Bank for Investment and Development of Vietnam (BIDV) has cleared all non-performing loans it had previously sold to the Viet Nam Asset Management Company (VAMC).
Twelve banks clear all bad debts at VAMC

Twelve banks clear all bad debts at VAMC

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Việt Nam Asset Management Company (VAMC).
SeABank completes settlement of VAMC special bonds

SeABank completes settlement of VAMC special bonds

The Southeast Asia Joint Stock Commercial Bank (SeABank) has completed the early redemption of all special bonds at the Viet Nam Asset Management Company (VAMC), thereby helping the bank proactively monitor and handle bad debts.
VPBank settles US129.7 million VAMC bonds

VPBank settles US$129.7 million VAMC bonds

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on Wednesday completed settling a total of VND3 trillion (US$129.7 million) worth of bonds sold to the Vietnam Asset Management Company (VAMC).
Eighth bank cleared all bad debts at VAMC

Eighth bank cleared all bad debts at VAMC

Kien Long Bank has become the eighth bank to clear all bad debts they had previously sold to the Viet Nam Asset Management Company (VAMC) before the maturity date, VAMC announced on Tuesday.
VMAC builds strategy for debt trading

VMAC builds strategy for debt trading

The Viet Nam Asset Management Company is planning to develop a new strategy for buying and selling bad debts in Viet Nam this year, in which it will play a central role to promote the development of the debt trading market.