Vietnam

Forced sale of NPLs to AMC will push through

Forced sale of NPLs to AMC will push through

Vietnam will compel banks to sell bad debt to new Asset Management Company.

SBV to double capital to US$479 million

Central bank wants to better stabilize Vietnam’s troubled banking sector.

Vietnamese banks refuse to lend

Are sitting on a huge stash of cash and refuse to cut interest rates on loans.

Vietnam to force weak banks into bankruptcy

Announcement sends shock waves through banking sector counting on government protection.

Organization of Vietnamese AMC in doubt

Questions rise about funding Asset Management Company.

2 possible scenarios in the Eximbank-Sacombank merger

Check out which scenario is more favorable.

Vietnam to reform banking system with Canada’s help

Focus will be on modernizing the banking system and financial regulations.

Vietnam to restructure banking sector by 2015

Will do this to boost a slowing economy that grew at its slowest in 13 years.

Eximbank-Sacombank merger to be Vietnam's largest M&A deal to date

The combined entity would have a market cap of about USD2b.

Vietnam to allow foreign investors to expand ownership in local banks

Move is meant to entice foreign investors into its troubled banking sector.

BIDV signs cooperation agreement with IIB

Bank for Investment and Development of Vietnam will receive US$65 million credit.

Vietnam bank profits shrink in 2012 due to loan loss provisions.

Many Vietnamese banks failed to achieve their profit targets in 2012 due to bad loans.

Vietnamese oppose plan to pay using bank cheques

Government wants payment via banks to create a non-cash economy.