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

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VietNam News English 3 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.

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Foreign investors needed for bad debt settlement: expert

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VietnamNet English 2 week(s) ago 1 related news

Foreign investors needed for bad debt settlement: expert

VietNamNet Bridge – Policies should be made more liberal for foreign investors to get involved in debt trading, and thus bad debt settlement can be accelerated, said Dr. Le Xuan Nghia, member of the National Advisory Council for Monetary Policy.

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Foreign investors needed for bad debt settlement: expert

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SaigonTimes English 3 week(s) ago 1 related news

HCMC/HANOI – Policies should be made more liberal for foreign investors to get involved in debt trading, and thus bad debt settlement can be accelerated, said Dr. Le Xuan Nghia, member of the National Advisory Council for Monetary Policy.

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Banks find it hard to lend

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Báo Đầu Tư English 2 month(s) ago 1 related news

Banks find it hard to lend

After successfully raising liquidity, and despite low interest rates, many Vietnamese banks have been finding it difficult to find new customers for loans.

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Banks find it hard to lend

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Báo Dân Trí English 2 month(s) ago 1 related news

Banks find it hard to lend

After successfully raising liquidity, and despite low interest rates, many Vietnamese banks have been finding it difficult to find new customers for loans.

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Bad debt ratio at 4-5% by year-end: expert

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SaigonTimes English 2 month(s) ago

HCMC – The bad debt ratio of the banking system may fall to 4-5% under Vietnam’s accounting standards by the end of this year, said Le Xuan Nghia, former vice chairman of the National Financial Supervisory Commission.

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Vietnamese businesses face hurdles in Eastern Europe

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Báo Dân Trí English 2 month(s) ago

Vietnamese businesses face hurdles in Eastern Europe

Vietnamese businesses face numerous challenges in Eastern Europe in the face of its weak purchasing power and fierce international competition.

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Vietnam’s growth to slow to 5 pct this year: economists

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Báo Thanh Niên English 9 month(s) ago

A series of fuel price hikes and floundering credit growth inspired economists to speculate that Vietnam’s economy will only expand by around 5 percent this year.

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Drastic measures needed to help weak banks

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Báo Dân Trí English 9 month(s) ago 2 related news

Drastic measures needed to help weak banks

The State Bank's goal of helping struggling banks will become more difficult if the Government does not initiate more drastic measures, according to economist Le Xuan Nghia, ex-vice chairman of the National Commission for Financial Supervision.

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Drastic measures needed to help weak banks

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VietNam News English 9 month(s) ago 2 related news

The State Bank's goal of helping struggling banks will become more difficult if the Government does not initiate more drastic measures, according to economist Le Xuan Nghia, ex-vice chairman of the National Commission for Financial Supervision.

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Question mark over asset management move

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Báo Đầu Tư English 10 month(s) ago 2 duplicate news 5 related news

Question mark over asset management move

The jury is out on whether an asset management company is a smart option to solve banks’ bad debts.

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Bad debts weigh on local banks and businesses

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VOV News English 10 month(s) ago 5 related news

Bad debts weigh on local banks and businesses

(VOV) - The high ratio of bad debt is a heavy burden on the national economy, requiring Government measures to prevent it from slowing down, according to a leading economist.

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Lower interest rates cause medium and small banks difficulties

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Báo Dân Trí English 10 month(s) ago

Lower interest rates cause medium and small banks difficulties

HCMC Law newspaper interviewed former director of the Banking Development Strategy Department Dr. Le Xuan Nghia on his views about the effect of lower interest rates on local banks and enterprises.

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Vietnam central bank resists call from companies for lower rates

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Báo Thanh Niên English 10 month(s) ago

Vietnam’s central bank said it won’t ease monetary policy further, resisting pressure from businesses to lower borrowing costs as inflation risks persist.

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Breakfast @ Tuoitrenews – July 14

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Báo Tuổi Trẻ English 11 month(s) ago

Breakfast @ Tuoitrenews – July 14

Briefs of some of the leading news stories published today, July 14, on Vietnamese media

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