New collateral rules good for VN banks: Moody’s Business

New collateral rules good for VN banks: Moody’s

The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on August 28.
Credit growth sees Tet spike Business

Credit growth sees Tet spike

Credit activities have developed strongly in the first months of 2015, a positive sign for the economy's recovery, independent market observers have said.
Business

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).