Vietnam should allow foreigners to buy houses: official
The Government has put the issue under serious consideration as it may boost the local economy once approved, said Truong Van Phuoc, vice chief of the country’s financial watchdog
VAMC to handle $141 mln bad debts until 2013-end
It merely meets 42.8 percent of the initial target of $329 million worth of bad debts which is expected to be handled by the year-end
Time for banks to bite the bullet and let the cleanup roll on: expert
Bad debt is not a problem, as it is an outcome of any economic development process. How to clean it up as fast as possible to pave the way for a recovery is the problem
Newly-founded debt firm sheds hope but for how long?
The mountain of bad debt choking the national banking system may not simply vanish just by a swing of a magic wand, i.e the recent creation of state-run Vietnam Asset Management Co