Bad debt ratio in Hanoi banking sector stays at 1.91%
Total capital mobilized by credit institutions in Hanoi this year is estimated to increase by 12.91% year-on-year and total outstanding loans at 9.58%.
06:07, 2020/12/09
Banks need solutions to avoid bad debts
A banking expert said the central bank needs long-term and effective solutions to deal with bad debt after the pandemic.
11:04, 2020/11/19
IMF raises Vietnam GDP forecast to 2.4% in 2020, among world’s highest
Vietnam’s growth is projected to strengthen further to 6.5% as normalization of domestic and foreign economic activity continues, stated the IMF.
18:15, 2020/11/12
Vietnam has first female bank governor in history
The new governor is under pressure to keep bad debt in the banking system under control.
09:48, 2020/11/05
Vietnam four major state-owned banks can raise registered capital with gov't funding
Under the new regulation, state-owned commercial banks where the state holds more than 50% can now be able to raise their registered capital to maintain the government control.