Techcombank - Best House In a Bad Neighborhood

Vietnam  - Slowed SOE Privtization Process

TCB: Subpar Trends and Valuation Leave Us Unconvinced

Other Emerging Market Dominoes Set to Fall

Silver Point

Thomas J. Monaco

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Thematic (Sector/Industry)

Vietnam Financials / Thematic (Sector/Industry)

VinaCapital Vietnam Opportunity Fund (VOF LN)

* DATC Move a Tiny Positive; and * Net New NPL Growrh is Disturbing to Say the Least;  and * USD 27 bn (9.5% of total loans) in NPLs is due to double by 2020. <h2>Investment Summary</h2>Vietnam has two state-owned and managed debt acquisition companies, the Debt and Asset Trading Corporation (DATC) and the Vietnam Asset Management Company (VAMC). While VAMC is responsible for handling bad debts of commercial banks and financial institutions, the DATC has focused on settlements of bad debt owned by…

* DATC Move a Tiny Positive; and * Net New NPL Growrh is Disturbing to Say the Least;  and * USD 27 bn (9.5% of total loans) in NPLs is due to double by 2020. Investment SummaryVietnam has two state-owned and managed debt acquisition companies, the Debt and Asset Trading Corporation (DATC) and the Vietnam Asset Management Company (VAMC). While VAMC is responsible for handling bad debts of commercial banks and financial institutions, the DATC has focused on settlements of bad debt owned by…

Vietnam Joint Stock Commercial Bank For Industry and Trade (CTG VN)

Vietnam Joint Stock Commercial Bank For Industry and Trade

Vietnam Enterprise Investments (VIETENI KY)

Vietnam Banks - DATC Move A Mere Drop In the Bucket