Business efficiency of Vietnam commercial banks after the scheme for “restructuring system of credit institutions associated with settlement of bad debts in the period of 2016 – 2020”

Abstract

   Decision No. 1058/QD-TTg dated July 19, 2017 of the Prime Minister on approving Scheme for "Restructuring systemof credit institutions associated with settlement of bad debts in the period of 2016 - 2020" is drastically implemented by credit institutions,especially commercial banks, with diversified and flexible solutions. After one year of implementation of the Scheme, the businessefficiency of commercial banks has grown impressively, the confidence of the financial market, of the investors in the country and abroad,and of the customer has increased highly. Bad debts are dealt with decisively, bad debt ratio decreases. This paper reviews theperformance of some commercial banks after the Scheme for "Restructuring system of credit institutions associated with settlement of baddebts in the period of 2016 - 2020" and some prospects for 2018.