Vietnam

Vietnam promises huge cut in bank NPLs

Vietnam will take tough action to reduce NPLs to 3% to 4%.

Vietnam’s NPLs grow to threatening proportions

Total non-performing loans jump to 66% from January to October.

Vietnam grads struggle to get banking, finance jobs

An oversupply of economic university graduates.

Merger rumours between Sacombank, Eximbank getting louder

Increased share activity and chairman's departure.

Vietnam proposes trillion dollar solutions for bad debts

Vietnam is seriously considering setting-up an asset management company capitalized at US$4.8 trillion.

Vietnam wants more discipline in banking system

Vietnam has ordered its central bank to take timely measures to stabilize the banking system and regain the confidence of the public and investors.

Vietnam to get rid of banking interest groups

The governor of Vietnam’s central bank revealed that there are groups or individuals manipulating local banks.

Low loan demand has Vietnam banks turning to credit cards

Vietnamese banks are focusing at smaller sources of income such as credit card service fees and interest rates on card payments due to sluggish demand for loans.

Analysts warn against foreign takeover of Vietnam banks

Foreign ownership cap in Vietnamese banks should be considered carefully to prevent a wholesale takeover, experts warn.