Small banks undergo restructuring through M&A

Small banks merging into bigger banks is becoming a growing trend in Vietnam.The State Bank of Vietnam (SBV) said it wants to reduce the number of commercial banks by half after three years, according to an article published on the English language news website VietNamNet Bridge on April 16.

SBV rolls out credit restructuring

The State Bank of Vietnam (SBV) has identified a further eight credit institutions to undergo restructuring, calling for immediate plans to improve bottom lines, revealed SBV Governor Nguyen Van Binh.

SBV claims bad debts are falling

Bad debt has decreased by 36 trillion VND (1.7 billion USD) thanks to the efforts of debt restructuring, debt payment delay and quittance, according to the State Bank of Vietnam (SBV).
State Bank Governor answers questions on bad debts Business

State Bank Governor answers questions on bad debts

Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh on August 21 took the floor to answer deputies and voters questions on the settlement of bad debts, measures to facilitate businesses’ access to capital and the implementation of restructuring projects.

Banking shares help lift market

Stocks gained slightly on the HCM City Stock Exchange on Feb. 9, with the VN-Index edging up by 0.45 percent over the previous day's session to close at 411.39 points.