Interest rate cut targeted for end months

The State Bank of Việt Nam (SBV) will instruct commercial banks to try and cut interest rate in the remaining months of the year.

Bad debt stands at 2.51 percent in late July

The banking sector’s total bad debts stood at 2.51 percent as of the end of July 2017, falling from 2.55 percent at the end of 2015, according to a report by the State Bank of Vietnam (SBV) to the National Assembly.

VAMC to reclaim VND35-40 trillion in bad debt in 2017

The Vietnam Asset Management Company (VAMC) has reclaimed over VND25 trillion (US$1.1 billion) of bad debts from credit institutions since the beginning of 2017, raising the total of bad debt it has collected to over VND260 trillion (US$11.44 billion).

Analysts suggest halting new G-bonds

The Government should limit or temporarily stop issuing new Government bonds during the remaining months of the year while waiting for the improvement of public investment disbursement.

G-bond transactions on sharp rise

Total government bond (G bond) transaction value hit more than 1.5 quadrillion VND (65.9 billion USD) in the first nine months of the year, up 42.4 percent year-on-year, according to the Hanoi Stock Exchange (HNX).

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