As bad debts clog Vietnamese banks, investors wait

Associated Press
As bad debts clog Vietnamese banks, investors wait

In this photo taken on Friday, Sept. 6, 2013, Vietnamese workers carry iron pipes outside a housing complex in Hanoi, Vietnam. Vietnamese banks are laden down with bad debts, much of which are secured against property. The government has formed an asset management company to try and buy up the debt, but there are questions over how it will work. (AP Photo/Chris Brummitt)

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