(Refiles to add dropped word in lead)
HANOI Feb 28 Vietnam's bad debt has been fallen
to 6 percent from more than 8 percent earlier and the country's
central bank would lower interest rates to stabilise the
economy, a senior government official said on Thursday.
"Even though the asset management company hasn't yet been
established, the bad debt has fallen from 6 percent from more
than 8 percent," said Vu Duc Dam, head of the government office,
referring to a plan to set up a new firm by the end of the first
quarter to buy bad debts from troubled banks.
"The government has required the central bank to have a
roadmap to further lower the interest rates," Dam told
(Reporting by Hanoi Newsroom; Editing by Martin Petty)