Vietnam’s banking system: Drowning in the debt

While Vietnam’s non-performing loans take a heavy toll on the economy, authorities’ efforts to tackle the problem remain in their infancy By Khac Giang Nguyen Early this year, the Vietnamese central bank had quite a serious quarrel with Moody’s, one of the world’s big-three rating agencies. Moody’s estimated on February 18 that non-performing loans (NPLs) … Continue reading Vietnam’s banking system: Drowning in the debt