Is securitization the key to dealing with bad debt in Vietnam?

Abstract

While the current status of NPLs in Vietnam is still stagnant, a series of debt assets after being sold to Vietnam Asset Management Corp. (VAMC) are still being offered for sale. Difficulties, "Securities securitization" is considered by economists, investors, .. as a potential tool to help VAMC and commercial banks (NHTM) can easily handle the debt. Cube effectively. This article provides some arguments to prove that securitization is not a key factor in dealing with bad debt in Vietnam at this time. Instead, the author proposes to apply the tool "contract transfer security assets".