Update news bad debt
Though the assets offered for sale are plentiful, only few deals have been made.
VietNamNet Bridge – Credit rating firm Fitch has revised Vietnam’s credit outlook to Positive from Stable due to economic movements in the past time.
VietNamNet Bridge – Economic experts have urged the Government to take drastic measures against “cross ownership and manipulating ownership” in local banks to restore order in the country’s financial and banking sector.
VietNamNet Bridge – A number of banks have unveiled real-estate loan packages targeting feasible property projects and mortgages to intensify credit growth.