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On the Promulgation of regulations regarding the purchase, sale, and resolution of bad debts by the Vietnam Asset Management Company (VAMC)
The State Bank of Vietnam (SBV) has officially issued regulations governing the purchase, sale, and resolution of bad debts by the Vietnam Asset Management Company (VAMC), alongside mechanisms for issuing, managing, and settling special bonds. This legal framework aims to establish a synchronized corridor to unblock credit flows, accelerate bad debt resolution, and ensure the safety of the banking system.
