Vietnam seeks new tools to beat bad-debt woes, eyes China-style market

Vietnam seeks new tools to beat bad-debt woes, eyes China-style market

Flag of Vietnam (Visual by zdiviv, Freedigitalphotos.net)

With a shabby facade, bars on its windows and flanked by a hair salon and a knockoff clothing store, the Vietnam Asset Management Company (VAMC) looks more like a backstreet pawnshop than a much-heralded bad-debt bank.

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