Economists support PM's speech on closing weak banks

0 vote(s)Comment

Báo Dân Trí English 4 day(s) ago

Economists support PM's speech on closing weak banks

Many banking experts have expressed agreement with Prime Minister Nguyen Tan Dung's assertion that weak banks should be dissolved.

Keywords: 

Malaysia Airlines to slash 6,000 jobs under rescue plan

0 vote(s)Comment

Báo Đầu Tư English 4 day(s) ago

Malaysia Airlines to slash 6,000 jobs under rescue plan

Malaysia Airlines will slash thousands of staff, trim its route network, and replace its CEO under a plan announced Friday (Aug 29) to stave off bankruptcy after two air tragedies plunged the already troubled carrier deeper into crisis.

Keywords: 

Company bankruptcies on the increase

0 vote(s)Comment

Báo Dân Trí English 6 day(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.

Keywords: 

Creditors to gain from bankruptcy law

0 vote(s)Comment

Báo Đầu Tư English 1 week(s) ago

Creditors to gain from bankruptcy law

KPMG’s Restructuring Services director Phil Smith provides insight into the positive changes offered by the new Law on Bankruptcy set to become effective on January 1, 2015.

Keywords: 

ANZ: Vietnam still faces challenges ahead

0 vote(s)Comment

VietnamNet English 2 week(s) ago

ANZ: Vietnam still faces challenges ahead

VietNamNet Bridge – Although Moody’s upgraded Vietnam’s credit rating last month, ANZ Vietnam Bank said in its latest report that the nation still needs to do much more to unlock its full potential given challenges ahead.

Keywords: 

Vinashinlines’ multibillion-dong ships sit and rust after bankruptcy decision

0 vote(s)Comment

VietnamNet English 3 week(s) ago

Vinashinlines’ multibillion-dong ships sit and rust after bankruptcy decision

VietNamNet Bridge – Having a book value of VND1 trillion and original investment capital of VND1.6 trillion, the ships of Vinashinlines may eventually be sold at scrap iron prices as complicated bankruptcy procedures have stalled its operations.

Keywords: 

Local travel firms unhurt by Russian Labirint failure

0 vote(s)Comment

VietnamNet English 3 week(s) ago

Local travel firms unhurt by Russian Labirint failure

VietNamNet Bridge – Local tour operators confirmed their Russian guests in Vietnam are unaffected by the bankruptcy of Russia’s travel firm Labirint which has left 27,000 Russian travelers stranded abroad.

Keywords: 

Malaysia Airlines to be delisted after $429 million offer

0 vote(s)Comment

Báo Thanh Niên English 3 week(s) ago

Malaysian Airline System Bhd. (MAS) will be delisted after sovereign wealth fund Khazanah Nasional Bhd. offered to buy out minority shareholders in a restructuring plan for the national carrier that suffered two disasters this year.

Keywords: 

SOE leaders responsible for restructuring sluggishness: PM

0 vote(s)Comment

VietnamPlus English 3 week(s) ago

Prime Minister Nguyen Tan Dung has asked ministries, sectors and State-owned enterprises (SOEs) to speed up their restructuring, saying that if the work is not completed as schedule, their leading officials should voluntarily step down.

Keywords: 

Vietnam considers clearing $300 mil in back taxes to save economy

0 vote(s)Comment

Báo Thanh Niên English 1 month(s) ago

Vietnam considers clearing $300 mil in back taxes to save economy

The Finance Ministry has proposed relieving struggling businesses from a huge amount of tax debts to stem a rising tide of shutdowns and bankruptcy filings.

Keywords: 

Vinalines takes losses for 5th consecutive year

0 vote(s)Comment

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

Vinalines takes losses for 5th consecutive year

Vietnam National Shipping Lines (Vinalines) is forecast to lose around VND1 trillion (USD47 million) in 2014, the fifth consecutive year of losses for the shipping giant.

Keywords: 

Privatisation process of SOEs starts to speed up

0 vote(s)Comment

VietNam News English 2 month(s) ago

Viet Nam aims to privatize all of its State-owned enterprises (SOEs) by the end of next year.

Keywords: 

Secondary steel importers in trouble

0 vote(s)Comment

VietNam News English 2 month(s) ago

Secondary steel importers in trouble

Secondary steel importers in Viet Nam are pleading with relevant management bodies for help because a newly-issued regulation on import steel quality is driving them to bankruptcy, according to Dien dan doanh nghiep (Business Forum) newspaper.

Keywords: 

GM offers at least US$1m for each ignition switch death

0 vote(s)Comment

Báo Đầu Tư English 2 month(s) ago

General Motors said on Monday it will pay at least $1 million and probably much more in compensation for people killed in car accidents tied to defective ignition switches.

Keywords: 

News laws shut the doors to foreign buyers of bad debt

0 vote(s)Comment

VietnamNet English 2 month(s) ago

VietNamNet Bridge – Vietnam’s recently amended bankruptcy and real estate business laws are acting at cross-purposes with the country's need to sell off its massive bad debts.

Keywords: 

Top page