Will Vietnam's bad bank offer distressed opportunities?

Jul 24, 2013

Dragon Capital says Vietnam Asset Management Co could open up distressed bank debt opportunities in the country, but Fitch Ratings is less convinced.

Will Vietnam's bad bank offer distressed opportunities?

Vietnam Asset Management Company (VAMC) – a central bank-backed vehicle created to deal with the country’s long-standing non-performing loan (NPL) problem – could open up attractive opportunities in terms of distressed bank debt assets. But not all are convinced of the scheme’s potential for investors.

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