Businesses have hairbreadth escape thanks to debt trading

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VietnamNet English 13 month(s) ago 1 related news

Businesses have hairbreadth escape thanks to debt trading

VietNamNet Bridge – 79,000 businesses in 2011, and 18,000 more businesses in the first four months of the year reportedly got dissolved. In such conditions, debt and asset trading has emerged as the highly possible solution to rescue businesses.

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What Life After Debt Is Like

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SaigonTimes English 13 month(s) ago 1 related news

Recently, PetroVietnam Finance Corporation (PVFC) officially proposed Vietnam Electricity (EVN) restructure the debt incurred by tardy payment to electricity suppliers by issuing domestic government-back bonds. Such a restructuring effort, underpinned by PVFC’s advice or otherwise, is important for ensuring the financial health of many firms.

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