Vietnam bank governor answers inquiries

Vietnam's state bank governor Le Duc Thuy today answered inquiries of National Assembly deputies related to bad debts, restructuring the joint-stock commercial bank system, and the use of cash.

The governor said that dealing with bad debts and their mortgaged assets was a pressing issue of commercial banks and drew the special attention of the central bank. The central bank has coordinated with the Ministries of Public Securities, Justice and Finance and General Land Administration to draft a