26/09/2026
17
Decree No. 358/2026/ND-CP has significantly expanded the operational scope and debt resolution tools available to the Vietnam Debt and Asset Trading Corporation (DATC), ranging from debt trading and asset resolution to debt-to-equity conversion, corporate restructuring, and support for business recovery. A new legal framework is being established, but for these mechanisms to be effectively translated into debt-resolution capacity for the economy, the next challenge is to provide DATC with sufficiently strong financial resources commensurate with the increasingly large scale of the debt market.