Strengthening Bad Debt Handling at Vietnam Joint Stock Commercial Bank for Foreign Trade

Bad debt is one of the factors that greatly affects the operations of commercial banks, especially in Vietnam, credit still accounts for the highest proportion of total assets, providing the largest source of income but also the activities that bring the most risk to the Bank. The formation of bad debt not only hinders the healthy development of the banking system but also affects commercial banks, the economy... thereby causing economic recession and giving rise to many social problems. Other association. When a bank has too high a bad debt ratio, it can fall into a state of insolvency, leading to failure. A failed bank can cause a domino effect on the entire system.

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) is currently the most effective bank in the Vietnamese banking system. However, during the operation process, Vietcombank still faces the problem of bad debt.

Therefore, on the basis of analyzing the current situation of bad debt handling at Vietcombank in Vietnam in recent times, the article offers some recommendations to remove some bottlenecks in bad debt handling at Vietcombank in the coming time.