Debt trading floor to open on Oct. 15
The Vietnam Asset Management Company Limited (VAMC) will open a debt trading floor on October 15. The floor will provide a new, professional, and effective service for bad debt settlement, in order to fully handle bad debts and promote the development of a debt trading market. The first session of the floor is expected to see at least VND3 trillion ($132 million) worth of bad debts traded.
