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There remains a lack of competence when it comes to handling debt in Vietnam, with the proliferation of black credit serving as the most prominent example, according to economist Can Van Luc.
As many banks have been stepping up bond redemption before maturity, experts warned that the activity can affect the banks’ ability to supply capital for the economy and boost credit growth in the remaining months of this year.
Many banks have been stepping up bond buybacks before maturity, but experts are concerned the work can affect the banks’ ability to supply capital for the economy and boost credit growth in the remaining months of this year.