Why are weak banks allowed to live?

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VietnamNet English 4 day(s) ago

Why are weak banks allowed to live?

VietNamNet Bridge – Even though It is difficult to find investors who want to take over banks on the verge of ruin, very few banks are going bankrupt.

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Vietnam continues to foster economic restructuring process

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VietnamPlus English 1 week(s) ago 1 related news

Vice Chairman of the National Assembly’s Economic Committee Nguyen Duc Kien spoke about economic restructuring in an interview with Nhan Dan (People) newspaper ahead of the 2014 Autumn Economic Forum.

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Vietnam pledges stronger administrative reform for investments

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VietnamPlus English 1 week(s) ago 1 duplicate news

Vietnam pledges stronger administrative reform for investments

Prime Minister Nguyen Tan Dung has asked for the acceleration of the reform of administrative procedures relating to business establishment, re-arrangement and dissolution, looking forward to gradually abolishing barriers to the business and investment environment.

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Vung Tau creates new master plan

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VietNam News English 2 week(s) ago

By 2020, the southern coastal city of Vung Tau is expected to have a total population of 500,000 in five separate city sections, according to the latest master plan for the area.

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Circular regulates deposit insurance

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VietNam News English 2 week(s) ago

Depositors of credit institutions that go bankrupt will be allowed to receive claim money from the Deposit Insurance of Viet Nam within one month after the bankruptcy declaration.

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Hanoi names ten missing foreign-invested companies

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VietnamNet English 3 week(s) ago 1 related news

VietNamNet Bridge - A recent inspection of foreign-invested enterprises (FIEs) in the city shows that 10 firms have disappeared, according to the Department of Planning and Investment of Hanoi.

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Hanoi names ten disappeared foreign-invested companies

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VietnamNet English 2 week(s) ago 1 related news

VietNamNet Bridge - A recent inspection of foreign-invested enterprises (FIEs) in the city shows that 10 firms have disappeared, according to the Department of Planning and Investment of Hanoi.

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“Zombie banks” exist as State Bank prevents them from going bankrupt

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VietnamNet English 3 week(s) ago

“Zombie banks” exist as State Bank prevents them from going bankrupt

VietNamNet Bridge – Vietnam has not allowed banks to go bankrupt, leaving many virtually dead banks, or as some people call them, “zombies”.

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Firm closures outnumber start-ups

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VietnamNet English 1 month(s) ago 1 related news

Firm closures outnumber start-ups

The total number of dissolved and bankrupt businesses was higher than that of newly established firms in the first eight months of the year.

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Former Westlife frontman to return to Vietnam on September tour

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Báo Tuổi Trẻ English 1 month(s) ago

Former Westlife frontman to return to Vietnam on September tour

The former leader of world-renowned Irish boy band Westlife will stage his one-night concert in Ho Chi Minh City next month, the organizers said in a press release.

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Company bankruptcies on the increase

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Báo Dân Trí English 1 month(s) ago

Company bankruptcies on the increase

Between January and August of this year, about 44,500 companies in Vietnam declared bankruptcy or were dissolved, up almost 13% from the same period last year, according to the General Statistics Office.

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Firm closures outnumber start-ups

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VietNam News English 1 month(s) ago 1 related news

The total number of dissolved and bankrupt businesses was higher than that of newly established firms in the first eight months of the year.

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Individual buyers help save property market

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VietnamPlus English 1 month(s) ago

Many individuals have used their own money to buy homes, thus helping prevent the local realty market from going bust, the Saigon Times Daily reported.

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Russia ordered to pay $2.5bn to Yukos shareholders

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VietnamNet English 2 month(s) ago

Russia ordered to pay $2.5bn to Yukos shareholders

Russia has been ordered to pay about $2.5bn (£1.5bn; 1.9bn euros) to former shareholders in defunct oil group Yukos by the European Court of Human Rights.

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Hague court orders Russia to pay over $50 billion in Yukos case

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Báo Tuổi Trẻ English 2 month(s) ago

Hague court orders Russia to pay over $50 billion in Yukos case

The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in oil giant Yukos $51.6 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.

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