The State Bank of Vietnam (SBV) issued Decision No. 835/QD-NHNN on April 20th, 2018 amending and supplementing Decision No. 1459/QD-NHNN dated June 27th, 2013 of the SBV Governor to establish the Vietnam Asset Management Company (VAMC).

Accordingly, the SBV Governor approved the amendments and supplements of Paragraph 3 Article 5 Decision No. 1459/QD-NHNN dated June 27th, 2013 (as amended and supplemented on Decision No. 743/QD-NHNN on April 21st, 2014) on establishing the Vietnam Asset Management Company (VAMC) as follows:
“3. The General Director. Assistants to the General Director are Deputy General Directors and the Supporting Board. The Supporting Board includes the following divisions: a) Administrative – Human Resource Division; b) Division of Purchasing and Managing Debts; c) Division of Investing and Purchasing Market Debts; d) Division of Planning and Risk Management; d) Property Auction Division; e) Finance – Accounting Division; g) IT Division h) Legal Division; j) Control Division
The Decision took effect from the date of signing and replaces the Decision No. 743/QD-NHNN dated April 21st, 2014 issued by the SBV Governor amending and supplementing the Decision on the establishment of Vietnam Asset Management Company (VAMC)./.
Source: sbv.gov.vn