VAMC joins hands with Makara Capital: Expanding opportunities for foreign investors to participate in Vietnam's bad debt "market"

According to the Memorandum of Understanding, the two sides will promote strategic cooperation in areas such as: Developing the debt trading market; attracting foreign investment capital, creating a bridge for international investors to access investment opportunities in bad debt and restructuring enterprises in Vietnam; transferring technology and experience, supporting access to advanced financial solutions, improving debt handling and asset restructuring capacity; contributing to restructuring the banking system through cooperation in handling bad debt.

Mr. Doan Van Thang, Head of the Board of Members (BOD) of VAMC, said that the signing of the Memorandum of Understanding is a necessary step to develop the Vietnamese debt trading market according to international standards.

Makara Capital is a financial investment group from Singapore, with extensive experience in fund management, M&A consulting, corporate restructuring and infrastructure investment. With a global network, Makara has been successful in many large projects in Asia, Europe and North America.

Speaking at the signing ceremony, Mr. Ali Ijaz Ahmad - Chairman and CEO of Makara Capital affirmed: “VAMC is one of Makara’s important strategic partners in Vietnam. After this signing ceremony, Makara will accompany VAMC in technical support activities, bad debt securitization, M&A, corporate restructuring, as well as attracting international investors to participate in the debt trading market in Vietnam.

After more than 10 years of operation, VAMC has not only stopped at collecting and handling bad debts, but also aimed at building a transparent, professional and internationally integrated debt trading market. In the context of Vietnam promoting restructuring of the banking system and developing the capital market, VAMC's expansion of cooperation with international financial institutions such as Makara Capital will help VAMC access global solutions, technology and financial resources, thereby improving its debt handling capacity, restructuring enterprises and expanding its international cooperation network.

By the end of the first 7 months of 2025, VAMC had purchased nearly VND 5,000 billion of outstanding principal on the balance sheet with special bonds, the purchase price was VND 4,780 billion - completing 40% of the 2025 plan, up 168% over the same period last year. Since its establishment, VAMC has purchased 30,851 debts of 19,363 customers with special bonds, with a total outstanding principal of VND 448,578 billion.

Purchased debt at market value with 740 billion VND of principal outstanding debt, purchase price of 660 billion VND, reaching 55% of the 2025 plan, up 351% over the same period last year. To date, VAMC has purchased 545 debts of 264 customers, with a total principal outstanding debt of 15,177 billion VND.

Regarding debt collection and settlement activities, in the first 7 months of the year, VAMC has handled and recovered VND 11,342 billion of outstanding principal, reaching 97% of the 2025 plan, up 137% over the same period last year. Since its establishment, VAMC has handled and coordinated with credit institutions to handle VND 376,388 billion of outstanding principal, equivalent to 81% of the total outstanding purchased debt.

Source: https://baodautu.vn/vamc-bat-tay-makara-capital-mo-rong-co-hoi-cho-nha-dau-tu-ngoai-tham-gia-cho-no-xau-viet-nam-d367212.html