Vietnam's bad and overdue debts 11.7% of loans

Vietnam's "bad, overdue and uncollectible debts," now total 11.7% of the country's total outstanding loans, central bank governor Le Duc Thuy said Wednesday.

In a televised address to members of the country's law making National Assembly, Thuy said that figure represents a 2% decrease against the figure at the end of 1999. However, he noted that the number of bad and overdue debts have risen in absolute terms since last year, largely because people in flood-hit areas have been unable to repay

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: