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Viet Nam Asset Management Company

Update news Viet Nam Asset Management Company

VN Asset Management Company targets to settle $2.15bil. bad debts this year
Vietnamnet global

VN Asset Management Company targets to settle $2.15bil. bad debts this year

The Vietnam Asset Management Company (VAMC) targeted to settle bad debts worth totally VND50 trillion (US$2.15 billion) this year.

Twelve banks clear all bad debts at VAMC
Vietnamnet global

Twelve banks clear all bad debts at VAMC

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Vietnam Asset Management Company (VAMC).

Eighth bank cleared all bad debts at VAMC
Vietnamnet global

Eighth bank cleared all bad debts at VAMC

Kien Long Bank has become the eighth bank to clear all bad debts they had previously sold to the Viet Nam Asset Management Company (VAMC) before the maturity date, VAMC announced on Tuesday.

 

State firm to issue 3.7 billion of special bonds
Vietnamnet global

State firm to issue 3.7 billion of special bonds

 The State Bank Governor gave the Vietnam Asset Management Company (VAMC) the green light to issue up to 80 trillion VND (3.7 billion USD) worth of special bonds in 2015.