Debts - Economy - BAOMOI.COM

Nhan Dan – The Prime Minister has approved the formation of an asset management company which will purchase non-performing loans from banks in an effort to speed up the clean-up of bad debts, which is preventing banks from providing more business loans and dampening economic growth.

Keywords: Loans Performing Management Company Deputy Governor The Sbv Nhan Dan slowest

A step towards bad debt settlement

0 vote(s)Comment

VOV News English 6 hour(s) ago

(VOV) - The Prime Minister has decided to establish the Vietnam Asset Management Company (VAMC) in an effort to settle bad debts that are hampering banking and business operations.

Keywords: Debts Loans gap disburse credit The Prime Minister establish

Government efforts not enough to revive property market

0 vote(s)Comment

Báo Thanh Niên English 2 day(s) ago

Workers at a construction site of an apartment building project in Ho Chi Minh City

Keywords: market revive Loans low Buyers buy depend

VAMC to come online in Q2

0 vote(s)Comment

SaigonTimes English 21 hour(s) ago

HCMC – The decree and project on establishment of the Vietnam Asset Management Company (VAMC) will be adopted quickly to ensure the enterprise starts operating in this quarter.

Keywords: Debts credit Hcmc The Loans process Bonds reschedule

Banking restructuring earns initial results: Govn’t

0 vote(s)Comment

Báo Tuổi Trẻ English 1 day(s) ago

The national banking restructuring scheme has born initial fruits, said a newly released report from the Government

Keywords: Debts bank credit Commercial Joint Stock Bank Loans state report

Bad debts falling in Vietnam's ailing banks, gov't says

0 vote(s)Comment

Báo Thanh Niên English 3 day(s) ago

The ratio of non-performing loans held by Vietnam's troubled banks eased slightly in the first quarter as they have become better at controlling bad debt, though the overall level of NPLs remained high, the government said on Monday.

Keywords: Loans Economists Real Estate Performing In February slightly

Vietnam says economy at great risk of macroeconomic instability

0 vote(s)Comment

Báo Thanh Niên English 3 day(s) ago

Vietnam still faces “great risk” of macroeconomic instability, a deputy premier said, as credit growth trails behind targets while banks work to reduce elevated bad debt that has hampered growth.

Keywords: credit Debts The National Assembly Loans march Nguyen Xuan Phuc Management Company

How much is VAMC’s bond?

0 vote(s)Comment

VietnamNet English 3 day(s) ago

VietNamNet Bridge – The Vietnam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts, would issue bonds to deal with the debts. What analysts are most interested in now is how much the bond and how high the interest rates will be.

Keywords: Debts Bonds bond The State Bank restructure

Jan-Apr credit growth put at 2.11%

0 vote(s)Comment

SaigonTimes English 6 day(s) ago

HCMC – By the end of April, outstanding loans had picked up 2.11% against end-2012, while bank deposits had increased 5.2%, said the State Bank of Vietnam (SBV).

Keywords: credit Loans Hsbc Vietnam Deposits Debts put

Asset management body to be set up in bid to tackle debt

0 vote(s)Comment

VietNam News English 6 day(s) ago

The Viet Nam Asset Management Company (VAMC) will be established later this month, said member of the National Financial and Monetary Policy Advisory Council Le Xuan Nghia.

Keywords: Debts Bonds sell Loans set up Nghia The Finance Ministry

SBV: VND30 trillion for housing assistance loans

0 vote(s)Comment

Báo Đầu Tư English 6 day(s) ago 1 related news

The State Bank of Vietnam (SBV) has announced it is making VND30 trillion ($1.44 trillion) available to five commercial banks to offer soft loans to home buyers and property developers in an attempt to stimulate the property market and resolve bad debts.

Keywords: Buyers Homes Loans The Sbv Vietinbank Agribank convert

SBV: VND30 trillion for housing assistance loans

0 vote(s)Comment

Nhân dân English 7 day(s) ago 1 related news

Nhan Dan Online – The State Bank of Vietnam (SBV) has announced it is making VND30 trillion (US$1.44 trillion) available to five commercial banks to offer soft loans to home buyers and property developers in an attempt to stimulate the property market and resolve bad debts.

Keywords: Loans Buyers Homes Vietinbank The Sbv Agribank convert

State asset management firm handed tax bread boost

0 vote(s)Comment

Báo QĐND English 1 week(s) ago 1 related news

The National Assembly’s Finance and Budget Committee has ratified a Government proposal to make the planned Vietnam Asset Management Company (VAMC) exempt from value added tax (VAT) and corporate income tax (CIT).

Keywords: Debts tax Organisation hedge Budget Committee bread The National Assembly

Retailers lose ground against foreign rivals

0 vote(s)Comment

VietnamNet English 1 week(s) ago

VietNamNet Bridge – In July 2011 E-Mart, South Korea's top discount store chain, signed an agreement with Viet Nam's U&I Investment Corporation to form a distribution joint venture in the country.

Keywords: Retailers Debts Hdbank Distributors market Shareholders bank