The State Bank of Vietnam has said it would continue to direct credit institutions to control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer and Build-Transfer transport projects.

VietNamNet Bridge – Commercial banks offloaded a large volume of non-performing loans (NPLs) to the Viet Nam Asset Management Company (VAMC) in 2015 to reduce the bad debt rate to below 3 per cent. 

 VietNamNet Bridge – The non-performing loans (NPL) of all nine listed banks are less than 3%, according to the latest consolidated financial statement of these banks.

VietNamNet Bridge – The National Financial Supervisory Commission has reported that the level of non-performing debt on the books of Vietnam’s banks has sunk to around 9 percent.

 VietNamNet Bridge – Of the VND6.5 trillion worth of debts the Vietnam Asset Management Company (VAMC) has bought so far, 67 percent is in the real estate sector.

 VietNamNet Bridge - By the end of October, the Vietnam Assets Management Company (VAMC) purchased VND11 trillion of bad debts from 14 banks, despite the fact that more than 20 banks had lined up to sell about VND38 trillion of bad debts.

 Undersupply hits small cashew processors; VAMC debt buyouts gain momentum; Hydropower projects getting the axe; Mobile phone export turnover hits new record high

 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 – The Viet Nam Asset Management Company (VAMC) has been operating for nearly one month. However, investors still lack information about how the company will buy non-performing loans (NPLs) from banks.

 VietNamNet Bridge – Early this year, Fitch Ratings affirmed Viet Nam's sovereign rating at B+ with a stable outlook. With Viet Nam determined to restructure the whole economy with a focus on the banking system,

 VietNamNet Bridge – Fitch Ratings last Tuesday affirmed Viet Nam's long-term foreign and local currency-issuer default ratings (IDRs) at ‘B+', with a stable outlook.

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung had a periodical working session with experts and economists to discuss on January’s socio-economic situation and solutions to achieve targets set for 2013.