Ministry may pull the plug on Dung Quat Shipbuilding Industry Co., Ltd

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Báo Đầu Tư English 1 week(s) ago

As reported by newswire vneconomy.vn, bankruptcy is one of the options for Dung Quat Shipbuilding Co., Ltd., Vietnam National Oil and Gas Group (PetroVietnam)’s shipbuilding subsidiary.

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Bankrupt firms continue to rise

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Báo Dân Trí English 1 week(s) ago

Up to 10,400 Vietnamese enterprises have gone bankrupt between January and November this year, up 23.3% on-year, according to the General Statistics Office.

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Bankrupt shipping firm leaves containers in Vietnam

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Báo Dân Trí English 3 week(s) ago

Bankrupt South Korean shipping giant Hanjin has left up to 4,122 containers at HCM City ports, said the Vietnam Maritime Administration (Vinamarine).

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Government will not save ‘zombie’ banks

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Báo Đầu Tư English 1 month(s) ago

The Government will consider the possibility of letting poor performing commercial banks go bankrupt, instead of saving them as it did in the past, Deputy Prime Minister Vương Đình Huệ has said.

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Vietnamese cargo on bankrupt Hanjin ships stranded at sea

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnamese goods remain stranded at sea after cargo ships owned by the South Korean shipping line Hanjin refused to dock for fear of being held hostage to debt payment demands.

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Hanoi to bankrupt companies during equitisation process

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Báo Dân Trí English 2 month(s) ago

Hanoi People's Committee has instructed the equitisation of state-owned companies (SOEs) under their management during the 2016-2020 period, including allowing some firms to close.

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Weekly roundup: Caves discovery, energy dilemma, Euro gambling

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Báo Thanh Niên English 5 month(s) ago

Weekly roundup: Caves discovery, energy dilemma, Euro gambling

Once bitten: Vietnam province opposes hydropower plant

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Equitisation process faces difficulties

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Báo Dân Trí English 6 month(s) ago

Equitisation process faces difficulties

According to the Ministry of Finance, weak and inefficient firms should go bankrupt if the equitisation process fails.

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M&A information to be released

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Báo Đầu Tư English 8 month(s) ago

M&A information to be released

Information related to mergers and acquisitions (M&As) of credit institutions is awaited as the season of annual shareholders' meetings is around the corner.

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South Korean lender has Camko in its sights

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VietStock FI English 9 month(s) ago

Korean loan provider Rush and Cash has been selected as the preferred bidder for Camko Specialised Bank, after 100 per cent of its shares were put up for sale last month by a South Korean state-run deposit insurer.

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Gloomy future for VN steel industry

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VietnamNet English 9 month(s) ago 1 related news

Gloomy future for VN steel industry

VietNamNet Bridge - Steel mills now have to struggle to compete with imports from China. If the Ministry of Industry and Trade (MOIT) does not take temporary safeguard measures, a series of enterprises will go bankrupt.

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Busan’s failure snares Camko bank

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VietStock FI English 10 month(s) ago

Camko Specialized Bank is attempting to sell a 100 per cent stake in the bank to comply with a South Korean court order to dilute the equity stake of its majority stakeholder, which filed for bankruptcy five years ago, bank officials said yesterday.

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Creditors may be allowed to go bankrupt

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Báo Dân Trí English 11 month(s) ago 2 related news

Creditors may be allowed to go bankrupt

The State Bank of Vietnam (SBV) would consider allowing some ailing financial companies and people's credit funds to declare bankruptcy this year, according to Deputy Governor Nguyen Phuoc Thanh.

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Creditors may be allowed to go bankrupt

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VOV News English 11 month(s) ago 2 related news

Creditors may be allowed to go bankrupt

The State Bank of Vietnam (SBV) would consider allowing some ailing financial companies and people's credit funds to declare bankruptcy this year, according to Deputy Governor Nguyen Phuoc Thanh.

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Nearly 95,000 enterprises established in 2015

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Báo điện tử CP English 12 month(s) ago 3 related news

VGP – As many as 94,754 businesses were set up in 2015, up nearly 30% compared to 2014, according to the Ministry of Planning and Investment.

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