Keyword: "Vietnam Asset Management Company"

45 Result

Vietnam Asset Management Company set up

Vietnam Asset Management Company set up

Governor of the State Bank of Vietnam Nguyen Van Binh has signed a decision to set up the Vietnam Asset Management Company (VAMC), effective from July 9 this year, in a move to resolve bad debts and boost credit growth.
Banks face challenges in improving credit quality

Banks face challenges in improving credit quality

Though banks gained profits of trillions of Vietnamese dong in Q3 2022, credit quality has remained a concern of the banking industry, especially when Circular No. 14/2021/TT-NHNN on loan rescheduling for COVID-19 affected borrowers expired at the end of June this year.
Central bank proposes expanding VAMC's operation

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.
Greater efforts needed to tackle bad debts: Experts

Greater efforts needed to tackle bad debts: Experts

The Government has directed the State Bank of Vietnam (SBV) to add non-performing loan (NPL) settlement regulations under Resolution No.42/2017/QH14 into the revised Law on Credit Institutions, SBV Deputy Governor Nguyen Kim Anh has said.
VietinBank plans to increase chartered capital

VietinBank plans to increase chartered capital

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) planned to increase its chartered capital from its accumulated profits or paying dividend by stocks. The plan is being completed by the competent State agencies to complete the legal procedures for implementation.
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 Vietnam Asset Management Company (VAMC), the bank’s Chairman Phan Duc Tu said.
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 Vietnam Asset Management Company (VAMC), thereby helping the bank proactively monitor and handle bad debts.
VAMC builds strategy for debt trading

VAMC builds strategy for debt trading

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