Aiming to improve the quality of the national credit information database (TTTD) through expanding information sources outside the industry to meet the State management needs of the State Bank of Vietnam (SBV), state management agencies and the need to exploit TTTD to serve business activities and manage risks of credit institutions, on September 29, 2025, the National Credit Information Center of Vietnam (CIC) signed a contract with welcome welcome Company Limited (DTC).
Within the framework of Circular No. 15/2023/TT-NHNN dated December 5, 2023 of the Governor of the State Bank regulating the credit institution's credit institution activities, welcome DTC is allowed to participate in the credit institution system as a voluntary organization and is also the first private debt trading unit to participate in this field. Accordingly, welcome DTC is obliged to comply with the principles of credit information activities, ensure credit information safety and security, as well as fully comply with current regulations on data and personal data protection, etc.
Through cooperation with CIC, welcome DTC can improve the efficiency of bad debt management and collection, while ensuring that debts are fully and accurately updated in the Nationalbank for date information. Sharing data from debt trading companies will help maintain continuity of information about sold debts, avoiding interruptions, thereby both protecting the legitimate rights of customers and creating more favorable conditions for customers to access new loans.
