bad debts

Update news bad debts

Vietnam’s NPL attractive to foreign investors

 VietNamNet Bridge - While Vietnamese banks are not much interested in selling bad debt for debt settlement companies, many foreign investors are very excited.

Banks accept debt payment in stocks to ease bad debts

 VietNamNet Bridge – Unable to clear inventories to get money for debt payment, a lot of debtors have to pay in their shares.

Coffee exporters follow each others’ steps falling into decay

VietNamNet Bridge – The last three years have witnessed the deaths of a series of companies and coffee material collection agents in the Central Highlands.

The myriad of methods for banks to chase for debtors

Chasing for debtors is really a strained race that commercial banks have to use all of their mental power and material resources to obtain their goal.

SMEs turn out to be banks’ lifebuoy

Accessing bank loans had never been an easy thing for small and medium enterprises (SMEs). However, things have become quite different -- banks have been trying to persuade SMEs to borrow money.

The businessmen with “Nguyen” last name are the most successful

Nearly 200 businessmen with the “Nguyen” last name are now the presidents of listed companies. The businessmen with “Tran”, “Le”, “Pham”, “Do”, “Vu”, “Bui” take turns heading other enterprises.

How much is VAMC’s bond?

The Vietnam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts, would issue bonds to deal with the debts.

Vietnam offers more “room” for foreigners at weak banks

The government of Vietnam is considering lifting the ceiling foreign ownership ratio in Vietnamese banks in an effort to make Vietnamese banks more attractive in the eyes of foreign investors.

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.