Paper Title
Macroeconomic Factors Affect Bad Debt of Banks in Vietnam

Abstract
The research is conducted with the objective of identifying macroeconomic factors such as: (1) economic growth rate (GDP), (2) consumer price index (CPI), (3) Total Liquidity (M2), (4) Export (EXG), (5) VN Stock Index (VNI) & (6) Central Exchange Rate (VND) affect NPL in the banking sector of Vietnam over a period of 7 years. The author builds a model predicting bad debt based on data of 8 listed commercial banks in Vietnam in the 28th quarter from the 1st quarter of 2012 to the 4th of 2018 with total 224 observations respectively. The results of the study found that there are two inverse relations between GDP and CPI that affect the NPL and other four factors are positively relate to NLP. From this result, lessons can be drawn and proposed solutions to stabilize the macro economy to reduce the bad debt ratio (NPL) in Vietnam’s banking sector to match the Industry 4.0in Vietnam and the world in general. Keywords - Bad debt, Macroeconomic factors, Stress testing, Influence.