Vietcombank sells VND1 trillion in non-performing loans in 2014

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VOV News English 9 hour(s) ago

Vietcombank sells VND1 trillion in non-performing loans in 2014

(VOV) - The Bank for Foreign Trade of Vietnam (Vietcombank) aims to control its non-performing loan (NPL) rate at 2.73% and sell VND1 trillion in NPLs to the Vietnam Asset Management Company (VAMC).

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Vietnam aims first debt sale of bank cleanup as growth slows

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Báo Thanh Niên English 1 day(s) ago

Vietnam aims first debt sale of bank cleanup as growth slows

Vietnam’s state asset management company aims to start selling bad debt from banks in the third quarter, stepping up efforts to overhaul lenders and spur economic growth.

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Vietnam's bad debt buyer cuts interest rate for troubled firms

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Báo Thanh Niên English 6 day(s) ago

Vietnam's bad debt buyer cuts interest rate for troubled firms

The interest on bad loans in dong was reduced to 10.7 percent a year April 15 from the current rate of up to 17 percent. PHOTO: NGOC THANG

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Vietnam's Maritime Bank to merge with smaller Mekong Development Bank

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Báo Thanh Niên English 2 day(s) ago 1 related news

Vietnam's Maritime Bank to merge with smaller Mekong Development Bank

Vietnam's Maritime Bank on Monday said it plans to merge with Mekong Development Bank (MDB) to boost the pair's financial strength and increase competitiveness.

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On the origin of Vietnamese’s bad habits

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Báo Tuổi Trẻ English 2 day(s) ago

On the origin of Vietnamese’s bad habits

Regarding Vietnamese people’s undesirable habits and poor social etiquettes, a local expert has made some attempt to explain the reasons.

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Credit quality more important than growth: economists

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Báo Thanh Niên English 5 day(s) ago

Credit quality more important than growth: economists

Bank tellers count money for a customer at a bank branch in Hanoi

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No bad effects from EU-Vietnam forest law deal: official

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VietnamPlus English 5 day(s) ago 1 duplicate news 1 related news

The Forest Law Enforcement, Governance and Trade/Voluntary Partnerships Agreement (FLEGT/VPA) now under negotiation between Vietnam and the EU will not affect Vietnamese wood exporters and forest owners, according to an official from the Vietnam Administration of Forestry (VAF).

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Replacement Asian Games hosts needed fast, not Singapore: ICO Vice President

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Báo Thanh Niên English 5 day(s) ago 1 related news

Replacement Asian Games hosts needed fast, not Singapore: ICO Vice President

International Olympic Committee (IOC) member and First Vice President Ser Miang Ng attends a news conference to announce a bid for the IOC presidency at the Sorbonne in Paris May 16, 2013.

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Vietnam backs out as host of 2019 Asian Games

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Báo Thanh Niên English 6 day(s) ago 1 related news

Vietnam backs out as host of 2019 Asian Games

Vietnam quit as host of the 2019 Asian Games on Thursday, citing a lack of preparedness and concerns that holding the multi-sport event would not prove financially viable.

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Bad HR programming creates unemployed bachelors and masters

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VietnamNet English 6 day(s) ago

Bad HR programming creates unemployed bachelors and masters

VietNamNet Bridge – The number of graduates produced by Vietnam universities every year is 10 times demand.

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VAMC announces interest rate for purchased bad debts

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VietNam News English 6 day(s) ago 2 related news

Vietnam Asset Management Company (VAMC) will adjust annual interest rates for purchased bad debts at 10.7, 5.2 and 5.7 per cent for the Vietnamese dong, US dollar and Euro, respectively.

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Without anomalies, Vietnam wouldn’t be the same: expat

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Báo Tuổi Trẻ English 6 day(s) ago

Without anomalies, Vietnam wouldn’t be the same: expat

Editor’s Note: In response to our topic for discussion: “Is it hard to kick Vietnamese’s bad habits?” American expat Martha Kennedy says she can only smile at the “odd behaviors of the Vietnamese and enjoy just how incongruous they are to the rules” she learned while growing up in the U.S. The opinions expressed herein are those of the author who is currently an English teacher in the central city of Da Nang.

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VAMC reduces interest rate of bad debts

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SaiGon GP English 6 day(s) ago 2 related news

Vietnam Asset Management Company (VAMC) has announced an interest rate reduction to bad debts.

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Banks still bear risks even after selling debts to VAMC

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VietnamNet English 7 day(s) ago 2 related news

Banks still bear risks even after selling debts to VAMC

VietNamNet Bridge – International institutions are remaining doubtful about the ability of the Vietnam Asset Management Company (VAMC) to settle bad debts.

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ACB founder pleads not guilty to Vietnam fraud, tax dodge

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Báo Thanh Niên English 1 week(s) ago 1 related news

ACB founder pleads not guilty to Vietnam fraud, tax dodge

Nguyen Duc Kien (standing), a founder of Asia Commercial Bank, answers questions from the judges during a trial in Hanoi on April 16

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