Vietnam Tightens Valuations to Clean Up Bad Debt

The video discusses a state asset management company's plan to buy bad debt from banks at market values to stimulate economic growth. This strategy aims to encourage banks to lend again and support Vietnam's GDP target. The historical context of inflated book values from the 2008 real estate boom is explored, highlighting the need for a new approach. The video also covers Vietnam's broader economic vision, including restructuring state-owned enterprises to improve productivity.

What is the primary goal of the state asset management company's new strategy?

• To increase the number of banks

• To facilitate quicker buying and selling of bad debt

• To reduce the number of state-owned enterprises

• To increase property values

Why were loans previously purchased at inflated book values?

• To comply with international standards

• To encourage more investors

• Because of the 2008-2009 real estate boom

• Due to a lack of market data

What change is the state asset management company implementing regarding bad loan values?

• They will ignore property values

• They will determine the values themselves

• They will use international market values

• They will allow banks to set the values

What is one of the challenges Vietnam faces in achieving its economic growth target?

• High inflation rates

• Unproductive state-owned enterprises

• Lack of foreign investment

• Low population growth

What is the government's plan for state-owned enterprises by the end of next year?

• To increase their funding

• To restructure as many as 400

• To merge them into larger entities

• To privatize all of them