Puerto Rico urges U.S. bankruptcy deal

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Báo Thanh Niên English 9 hour(s) ago

The U.S. territory of Puerto Rico urges Washington to allow it to declare bankruptcy as it faces defaulting on its debts.

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Strauss-Kahn shifts focus from sex trial to hedge-fund probe

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Báo Thanh Niên English 1 week(s) ago

Strauss-Kahn shifts focus from sex trial to hedge-fund probe

Former International Monetary Fund chief Dominique Strauss-Kahn was acquitted in France on pimping charges this month, but his legal headaches may not be over.

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EU welcomes 11th-hour Greek proposals in 'forceps delivery'

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Báo Thanh Niên English 1 week(s) ago 3 related news

EU welcomes 11th-hour Greek proposals in 'forceps delivery'

The European Union welcomed new proposals from Greek Prime Minister Alexis Tsipras as a "good basis for progress" at talks on Monday where creditors want 11th-hour concessions to haul Athens back from the brink of bankruptcy.

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EU welcomes 11th-hour Greek proposals in 'forceps delivery'

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VOV News English 1 week(s) ago 3 related news

EU welcomes 11th-hour Greek proposals in 'forceps delivery'

The European Union welcomed new proposals from Greek Prime Minister Alexis Tsipras as a "good basis for progress" at talks on June 22 where creditors want 11th-hour concessions to haul Athens back from the brink of bankruptcy.

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Losing capital, K+ is in danger of being bought by French partner

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VietnamNet English 3 week(s) ago

Losing capital, K+ is in danger of being bought by French partner

VietNamNet Bridge - Many joint ventures with foreign partners become wholly foreign owned businesses after long periods of taking losses. This could occur with K+, a joint venture between Vietnam Television (VTV) and French Canal Plus.

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Policymakers accused of discriminating against businesses

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VietnamNet English 1 month(s) ago

Policymakers accused of discriminating against businesses

VietNamNet Bridge - The 2008 Law on Promulgation of Legal Normative Documents stipulates that ministries and branches must collect opinions from subjects to be covered by laws when drafting laws and legal documents. However, in many cases, private businesses are ignored.

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Vietnam’s tallest building to be sold to pay debts

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VietnamNet English 1 month(s) ago 1 related news

Vietnam’s tallest building to be sold to pay debts

VietNamNet Bridge - Seoul Court has issued a decision permitting the sale of the 72-storey tower of Keangnam Group in Hanoi to solve debt problems. Keangnam Group is facing a serious crisis and at risk of bankruptcy.

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Major pay-TV company K+ on verge of bankruptcy

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VietnamNet English 1 month(s) ago

Major pay-TV company K+ on verge of bankruptcy

VietNamNet Bridge - No one can explain why K+, a major player in the pay-TV market, has incurred such a huge loss and is now on the verge of bankruptcy. Some analysts say there are dubious aspects to the case, and suspect transfer pricing.

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Amid China slowdown, foreign creditors face bankruptcy riddle

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Báo Thanh Niên English 1 month(s) ago

Amid China slowdown, foreign creditors face bankruptcy riddle

As China's economy slows and Beijing becomes more relaxed about letting its companies fail, a rising number of foreign bondholders risk being caught up in the country's unpredictable court system.

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Local residents lose VND160 billion if Keangnam goes bankrupt

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VietnamNet English 1 month(s) ago

Local residents lose VND160 billion if Keangnam goes bankrupt

VietNamNet Bridge - If Keangnam goes bankrupt, Keangnam residents would lose a total of VND160 billion, which is the fee they pay when buying apartments.

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How much should SBV have to pay to revive banks bought at zero dong?

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VietnamNet English 1 month(s) ago

How much should SBV have to pay to revive banks bought at zero dong?

VietNamNet Bridge - OceanBank was forced to sell to the State Bank for zero dong to implement the so-called “neo-bankruptcy” deal. What will the State Bank do with it?

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Ministry relieves auto traders from cumbersome procedure

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VietnamNet English 1 month(s) ago

Ministry relieves auto traders from cumbersome procedure

VietNamNet Bridge – The Ministry of Industry and Trade last week issued a new rule removing obstacles shouldered by auto importers since Circular 20/2010/TT-BCT, allowing them to enjoy simpler procedures in clearing vehicles of less than nine seats that have got stuck at ports.

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Vietnam's tallest building offered for sale at $770 million

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VietnamNet English 1 month(s) ago 1 related news

Vietnam's tallest building offered for sale at $770 million

VietNamNet Bridge – The Korean Court, through Colliers International Property Company, has will be sold for 830 billion won ($770 million) to partners who want to buy the 72-storey building in Vietnam.

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Euro zone warns Greece no cash till full reform deal

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Báo Thanh Niên English 2 month(s) ago 2 related news

Euro zone finance ministers warned Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy.

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Ernst & Young nears $10 million settlement with N.Y. over Lehman accounting: sources

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Báo Thanh Niên English 2 month(s) ago

Ernst & Young nears $10 million settlement with N.Y. over Lehman accounting: sources

Ernst & Young LLP is near settling a high-profile lawsuit filed by New York state that accused the accounting firm of helping Lehman Brothers Holdings Inc deceive investors in the years leading up to its 2008 collapse, people familiar with the matter told Reuters.

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