Public worries about public debt

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VietnamNet English 6 month(s) ago

Public worries about public debt

VietNamNet Bridge – The Ministry of Finance once had money to pay foreign debts but now has very little, as most of its funds have been used to pay the debts of state-owned company’s cement projects.

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Vietnam farmers bear the brunt of sloppy drive to industrialization

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Báo Thanh Niên English 6 month(s) ago

The north-central Quang Tri Province recently canceled 20 industrial factory projects on 14 of a 19.3-hectare (47.3-acre) economic zone.

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Banks benefit from special debt settlement for Vinashin

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VietnamNet English 7 month(s) ago

Banks benefit from special debt settlement for Vinashin

VietNamNet Bridge - Commercial banks have been allowed to keep Vinashin’s bad debts in “pending” status and do not have to declare the debt as bad debt on their financial reports.

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Unreported, official foreign debts raising fears

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VietnamNet English 7 month(s) ago

Unreported, official foreign debts raising fears

VietNamNet Bridge – No one knows how big the “underground”, or unregistered foreign debt is, while the official foreign debt has been found to be increasing steadily.

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Following Vinashin, Vinalines now lays down conditions for its equitization

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VietnamNet English 8 month(s) ago

Following Vinashin, Vinalines now lays down conditions for its equitization

VietNamNet Bridge – The Vietnam National Shipping Lines (Vinalines) has asked for a lot of favors to settle debts before it goes equitized.

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Lacking funds, Vietnamese submarine never got off the ground

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VietnamNet English 8 month(s) ago

Lacking funds, Vietnamese submarine never got off the ground

VietNamNet Bridge – In the past, some Vietnamese scientists and engineers spent many years designing submarines on their own. But their works were invariably suspended when the money ran out. Now, however, the debut of a new mini-submarine, developed by Nguyen Quoc Hoa with his own money, has breathed new life into the dream of a made-in-Vietnam submarine.

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SBIC not ready for equitisation

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VietNam News English 9 month(s) ago

The Shipbuilding Industry Corporation (SBIC) is asking the Government for a special mechanism to deal with debts and negative equities of its subsidiaries before equitisation in the next 20 months.

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Vietnamese shipbuilder moves on with equitisation

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Báo Dân Trí English 9 month(s) ago

Vietnamese shipbuilder moves on with equitisation

SBIC, formerly known as Vinashin, is bracing for large losses as it proceeds with plans to change into a joint stock company in 2015.

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Vietnam state shipping firm wants to file bankruptcy for troubled subsidiary

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Báo Thanh Niên English 9 month(s) ago

Vietnam state shipping firm wants to file bankruptcy for troubled subsidiary

New Horizon, a ship owned by Vinashinlines, which was held in Pakistan for two months in 2012 when the company failed to pay its partner in that country

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Shipper initiates bankruptcy process

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VietNam News English 9 month(s) ago

Vinashin Ocean Shipping Company (Vinashinlines) has requested for bankruptcy procedures to be initiated at the Ha Noi People's Court.

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Damen-Song Cam shipyard partly put into use

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VietnamPlus English 9 month(s) ago

The Damen-Song Cam Shipyard Co. Ltd on March 20 inaugurated facilities in phase I of the Damen-Song Cam Shipyard in the northern port city of Hai Phong.

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Ministry of Transport keeps equitisation on right track

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VietnamPlus English 9 month(s) ago

The Ministry of Transport is determined to equitise SOEs under its control to improve production and business activities, Transport Minister Dinh La Thang spoke to the Tin Tuc (News) Newspaper.

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Equitisation will be expedited

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VietNam News English 9 month(s) ago 1 duplicate news

The Ministry of Transport is determined to equitise SOEs under its control to improve production and business activities, Minister Dinh La Thang spoke to the Tin Tuc (News) Newspaper.

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US – the target destination for big bosses who commit mortal sins

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VietnamNet English 10 month(s) ago

US – the target destination for big bosses who commit mortal sins

VietNamNet Bridge – Anticipating that the mortal sins they committed would cast them into prison, a lot of “big bosses” tried to escape over the border. The US proves to be the most wanted destination.

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Officials jailed for scam at Vietnam shipping company

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Báo Thanh Niên English 10 month(s) ago

Officials jailed for scam at Vietnam shipping company

Five former officials stood a trial in Hanoi for a scam at a subsidiary of the state-owned shipping giant Vinalines on February 28 / PHOTO: MAI HA

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