Update news bad debts
VietNamNet Bridge – International institutions are remaining doubtful about the ability of the Vietnam Asset Management Company (VAMC) to settle bad debts.
The State Securities Commission (SSC) and the State Bank of Vietnam (SBV) have urged commercial banks to list their shares on the bourse to make it easier to control the banks’ finance situation.
VietNamNet Bridge – The economy wraps up the grim year 2013 in stability, with many major economic indicators showing robust growth, but stagnation remains a major concern for 2014 and the years that follow.
VietNamNet Bridge – Though recognizing the efforts by the Vietnam Asset Management Company (VAMC), experts have pointed out that VAMC is not experienced enough to deal with bad debts.
VietNamNet Bridge – Unable to clear inventories to get money for debt payment, a lot of debtors have to pay in their shares.
VietNamNet Bridge – The last three years have witnessed the deaths of a series of companies and coffee material collection agents in the Central Highlands.