có bài viết hay về ngân hàng, anh em đua lệnh trần ngày mai nên đọc qua

Vinashin Debt Troubles to Hurt Vietnam Banks, S&P Says (Update1)

By Bloomberg News

Dec. 13 (Bloomberg) -- Vietnam Shipbuilding Industry Group’s potential failure to make debt payments is likely to undermine the credit quality and profitability of Vietnam’s banks, according to Standard & Poor’s.

The state-run company, known as Vinashin, may default on foreign-currency debt due in “in the near term,” highlighting the need for lenders to assess the creditworthiness of each government-controlled entity, S&P said in a statement today.

Vinashin may represent as much as 3 percent of the individual loan portfolios of some state-owned Vietnamese banks, according to Moody’s Investors Service. Banks that had counted on government bailouts in the event of problems in lending to state-run firms may post larger-than-expected credit losses, S&P said today.

“Vinashin is the first signal that state-owned banks have more doubtful loans than appeared to be the case in the past,” Alain Cany, the Ho Chi Minh City-based chairman of the European Chamber of Commerce in Vietnam, said by telephone today. “This may reduce the valuations of state-owned banks, but the problem is that not many people know the extent of it yet.”

Vinashin had debt of about 86 trillion dong ($4.4 billion) as of June, the government said in August.

The shipbuilder may delay the $60 million principal payment on a $600 million loan, Moody’s said last month in a note.

‘Wide Disconnect’

“Vinashin’s woes highlight the lack of transparency, weak accountability and poor corporate governance in Vietnam,” Ivan Tan, a credit analyst at S&P, said in the note today. “A wide disconnect exists between industry-reported non-performing loan ratios and the true state of the system’s asset quality.”

Nguyen Ngoc Su, chairman of Vinashin, didn’t immediately respond to telephone calls. Chief Executive Office Truong Van Tuyen wasn’t immediately available to comment.

Government-controlled companies in the nation account for 30 percent to 40 percent of loan books at state-run banks, S&P said.

While Vietnam’s government is “restructuring Vinashin’s projects” to help the company operate profitably, the shipbuilder should make its $60 million debt payment on its own, Minister of Planning and Investment Vo Hong Phuc said Dec. 8.

The government’s stance on Vinashin indicates that it expects creditors to lend to government-related entities based on each company’s credit quality, “without an expectation of timely extraordinary government support when required,” S&P said.

Vinashin’s problems are also unlikely to stop capital injections into state-owned lenders in Vietnam, it said, citing the banks’ systemic importance, and the government’s majority ownership and history of providing support.

--Jason Folkmanis in Ho Chi Minh City and Nguyen Dieu Tu Uyen in Hanoi. Editors: Chitra Somayaji, Russell Ward

To contact the reporters on this story: Jason Folkmanis in Ho Chi Minh City at [email protected] Nguyen Dieu Tu Uyen in Hanoi at [email protected]

To contact the editor responsible for this story: Chris Anstey in Tokyo at [email protected] Philip Lagerkranser at [email protected]

Last Updated: December 13, 2010 02:22 EST

Chơi chứng VN chẳng cần nghe, chẳng cần đọc.. chỉ biết chen lấn và lùa theo thì mới hơn.

hài vãi đ..........ái. đến ngân hàng mà cũng dùng chiến thuật thì điều tiết kinh tế kiểu gì????????????~X

Nói chung bài này cảnh báo các ngân hàng cẩn trọng khi cho các doanh nghiệp nhà nước vay mà cứ nghĩ là có sự bảo trợ ngầm của nhà nước. Cái này rất tốt cho hệ thống ngân hàng vi bọn ngân hàng nước ngoài bây giờ thay vi cho vay vô tội vạ các doanh nghiệp nhà nước thì nó sẽ lựa chọn kĩ càng.
Tuy nhiên lợi nhuận của banks vì vụ này nên xem lại

Theo bác thì tt ngày mai thế nào, em rất khoái cách đtư àn toàn của bác [r2)]

Ngân hàng là ngân hàng của nhà nước VN mà Bác!

mai o biết nhưng các mã bất động sản sẽ bị xả hàng loạt, cẩn trọng

Nghiên cứu làm gì cho mệt hả bác, bác cứ quen 5 chuyên gia phân tích ck, rồi hỏi họ cùng 1 câu hỏi, nếu số trả lời trùng nhau nhiều thì bác nghe theo, thời gian còn lại làm việc khác, phải không các bác?

Em cũng thấy tt ghê quá, mai hi võng điều chỉnh trong phiên thôi, bác có tin gì kg mà khẳng định BDS bị xả ?