bad debts

Update news bad debts

Slow reforms render bank outlook ‘mixed'

 VietNamNet Bridge – The 2013 outlook for Viet Nam's banking and finance sector remains "mixed" since the pace of planned reforms remains slow, according to a new report.

Finance companies not up to the task

 VietNamNet Bridge – Struggling against weak efficiency and a heavy load bad debts, Vietnamese finance companies are finding ways to restructure.

Ailing property market seeks cure

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung, on Dec 18, advised HCM City to restructure the real estate sector towards removing weak and ineffective players and providing housing to meet real demand.

Small banks sprint the final stage of restructuring process

Small banks, which are the subjects to the compulsory restructuring in 2012, have geared up for their restructuring plans, when 2012 would finish in a couple of weeks.  

Banks rush to disburse money for real estate projects

VietNamNet Bridge – The recent moves by commercial banks of lending more capital to estate projects have brought high hopes to investors. However, analysts say the “exit door” remains too narrow for them.

Businesses don’t dare to apply strong measures to ask for debts back

Not only commercial banks, but some enterprises have also set up the divisions in charge of collecting debts.

Ailing banks seek strategic partners for restructuring

 VietNamNet Bridge – Ailing and merged banks are looking for strategic shareholders to help them restructure and deal with bad debts.