Local banks can take some fundamental steps to address Vietnam’s pressing non performing loan situation, writes Steve Punch, Financial Services director at KPMG in Vietnam. Extensive literature has been written about the “true” level of non performing loans (NPL’s) in the Vietnamese banking system over the last 18 months. The ongoing commentary has been both absorbing and humorous. The first red flag was raised by ratings agency Fitch in August, 2011. At the time, reported system NPLs for Vietnamese
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Cracow University of Economics Money & Banking THE BANKING SYSTEM IN VIETNAM THE BANKING SYSTEM IN VIETNAM As one of fastest grown economies in Asia with annual economic growth rate around 5 to 7% (5.98% in 2011), almost 70% of Vietnamese inhabitants are in the working age from 15 to 64 years old,Vietnam’s economy has become an attractive market for investors worldwide as a tiger in South East Asia. Investing in Vietnam generally and in its financial market as well provides investors diverse benefited
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B/ The problem of NPLs in Vietnamese bank: I/The Definition of Non-Performing Loans (NPLs): Based on IMF: A loan is non performing when payments of interest and principal are past due by 90 days or more, or at least 90 days of interest payments have been capitalized, refinanced or delayed by agreement, or payments are less than 90 days overdue, but there are other good reasons to doubt that payments will be made in full. Based on the SBVDecision 493/2005/QD-NHNN dated 22 Apr 2005: NOL are
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VIETNAM NATIONAL UNIVERSITY – HO CHI MINH CITY INTERNATIONAL UNIVERSITY SCHOOL OF BUSINESS CUSTOMER SWITCHING BEHAVIOR IN THE VIETNAM RETAIL BANKING INDUSTRY In Partial Fulfillment of the Requirements of the Degree of BACHELOR OF ARTS in BUSINESS ADMINISTRATION Student’s name: BÙI THỊ GIÁNG HƯƠNG Student’s ID: BAIU09043 Advisor: NGUYỄN VĂN PHƯƠNG, Ph.D Ho Chi Minh City, Vietnam 2014 CUSTOMER SWITCHING BEHAVIOR IN THE VIETNAM RETAIL BANKING INDUSTRY APPROVED BY: Advisor
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instance, in salary payment, debt payment, mortgage borrowing and payment as well as other loan services, more and more industries and institutions are dependent on banks more than ever before. This high dependability on banks is in fact making this banking industry highly competitive and concentrated as discussed below. As these industries take their time to analyze the merits and demerits of each bank in the industry and which is likely to benefit them more, the banks on the other hand strive to make
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ANZ Vietnam Internship Report ANZ Vietnam Internship Report Internship Report Synopsis Name | Nguyen Tran Tuan Chau | ID | 03001011011003 | Program | Bachelor of International Management | University | Banking University Ho Chi Minh City | Duration | April 2nd – July 1st, 2014 | Advisor | Hoang Van Chien | Supervisor | Nguyen Huynh Phuoc An, Manager of Credit Assessment Nguyen Xuan Phuong, Assistant Manager of Credit Assessment | Type of Internship | Credit -
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State Bank in Vietnam 2 1. History of State bank in Vietnam 2 2. Structure of State Bank in Vietnam 3 II. Operation of State Bank in Vietnam: 9 1. Monetary tools that State Bank use to moderate the Economics: 9 1.1. Open-market operation: 9 1.2. Discount, rediscount tool: 10 1.3. Required reserve: 11 1.4. Frame of interest rate 12 1.5. Selective credit control: 13 1.6. Imposing credit limit: 13 1.7. Supply fiat money: 13 2. How State Bank in Vietnam applied these
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Banking system in the lower Mekong system Introduction In the last century, many reforms of the banking system have been done in Lao People’s Democratic Republic, Cambodia and Vietnam, the lower Mekong countries. Various policies and regulations were formulated in order to resolve the problems which were caused by planned economics system in these three countries. The development of financial system was mainly controlled by government and less freedom can be given so that it caused the less-developed
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CREDIT RISK MANAGEMENT AND BAD DEBT CONTROLLING Case: ANZ Vietnam LAHTI UNIVERSITY OF APPLIED SCIENCES Degree program in International Business Thesis Spring 2013 Minh Thong To Lahti University of Applied Sciences Degree Programme in International Business MINH THONG, TO Credit risk management and bad debt controlling Case: ANZ Vietnam Bachelor’s Thesis in International Business, 53 pages, 3 pages of appendices Spring 2013 ABSTRACT It can be seen that the Vietnamese economy in the first
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Corporate Bond Market in the Transition Economy of Vietnam, 1990-2010 VUONG, Quan-Hoang and TRAN, Tri Dung Corporate bond appeared early in 1992-1994 in Vietnamese capital markets. However, it is still not popular to both business sector and academic circle. This paper explores different dimensions of Vietnamese corporate bond market using a unique, and perhaps, most complete dataset. State not only intervenes in the bond markets with its powerful budget and policies but also competes directly
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