Central bank proposes expanding VAMC's operation Business

Central bank proposes expanding VAMC's operation

The State Bank of Vietnam (SBV) has proposed expanding the Vietnam Asset Management Company's (VAMC) operations, saying the agency should purchase and sell bad debts and assets of all sectors in the economy.
Over 73 percent of Vietnamese firms unable to access credit Business

Over 73 percent of Vietnamese firms unable to access credit

More than 773,000 out of over 1 million firms in the country, or 73.4 percent, are unable to access credit, it was reported at a conference on promoting access to credit held by the National Credit Information Centre (CIC) in Ho Chi Minh City on June 18.