Bankrupt creditors may be aided to refund customers

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Báo Đầu Tư English 5 day(s) ago

To-be-bankrupt financial and credit institutions may have to refund their individual customers using support loans from the State Bank of Viet Nam (SBV) and other financial firms.

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SBV to stop acquiring weak banks at zero Dong

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Báo Dân Trí English 1 week(s) ago 1 related news

The State Bank of Vietnam (SBV) will stop the acquisition of poor-performing commercial banks at zero Dong as it did previously.

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SBV to stop acquiring weak banks at zero đồng

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Báo Đầu Tư English 1 week(s) ago 1 related news

The State Bank of Việt Nam (SBV) will stop the acquisition of poor-performing commercial banks at zero đồng as it did previously.

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VND0 takeover or bankruptcy?

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Báo Đầu Tư English 2 week(s) ago

The method of acquiring weak banks at VND0 is officially adopted on the draft law on supporting the restructuring of credit institutions and non-performing loan (NPL) settlement, composed by the State Bank of Vietnam (SBV). However, buying at the price of VND0 or boldly letting poorly performing commercial banks go bankrupt remains a dilemma.

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Australia asked to re-consider ban on Vietnamese shrimp

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Báo điện tử CP English 1 month(s) ago

VGP – The Vietnamese Government has requested the Australian side re-examine its ban on importing Vietnamese shrimp as it had caused serious impacts on local shrimp exporters, said Deputy Minister of Industry and Trade.

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Bank chairman admits violations

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Báo Đầu Tư English 1 month(s) ago

Former Ocean Bank chairman Ha Van Tham admitted his violations on Thursday, saying his actions were aimed at saving his job and preventing the bank from going bankrupt.

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Mekong Delta tra fish moguls go bust

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Báo Dân Trí English 2 month(s) ago

Many fish processing companies in the Mekong Delta region have gone bankrupt, owing banks and farmers billions of VND.

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Dung Quat Shipbuilding Co., Ltd on verge of bankruptcy

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Báo Dân Trí English 4 month(s) ago

The Ministry of Industry and Trade (MoIT) has reported that the Dung Quat Shipbuilding Co., Ltd. faces high risk of bankruptcy due to big losses.

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

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Báo Đầu Tư English 5 month(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 5 month(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 6 month(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 6 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 7 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 7 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 10 month(s) ago

Weekly roundup: Caves discovery, energy dilemma, Euro gambling

Once bitten: Vietnam province opposes hydropower plant

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