Vietnam Tightens Valuations to Clean Up Bad Debt

Vietnam Tightens Valuations to Clean Up Bad Debt

Assessment

Interactive Video

Business

University

Hard

Created by

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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.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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