Thai Cabinet nods to bankruptcy draft act

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VietnamPlus English 2 week(s) ago

The Thailand Cabinet on February 10 approved in principle the bankruptcy draft act proposed by the Ministry of Justice.

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RadioShack files for bankruptcy; Sprint to take over some stores

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Báo Thanh Niên English 3 week(s) ago

RadioShack files for bankruptcy; Sprint to take over some stores

Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.

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SBV decides to nationalize commercial bank as last resort

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VietnamNet English 3 week(s) ago

SBV decides to nationalize commercial bank as last resort

VietNamNet Bridge – The State Bank of Vietnam (SBV) has decided to buy the Vietnam Construction Bank (VNCB) at zero dong per share. This is the first time in history the central bank has bought shares of a commercial bank.

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Wave of bankruptcy of seafood producers

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VietnamNet English 1 month(s) ago

Wave of bankruptcy of seafood producers

VietNamNet Bridge – Many seafood processing companies in southwestern provinces of Vietnam have gone bankrupt, resulting in the instability of the largest aquaculture area of the country.

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Shipbuilding Corporation speeds up restructuring subsidiaries

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VietnamPlus English 1 month(s) ago 1 duplicate news

Shipbuilding Corporation speeds up restructuring subsidiaries

The State-run Shipbuilding Industry Corporation (SBIC) is to restructure 152 subsidiaries in 2015, General Director Vu Anh Tuan revealed at a conference setting the year’s tasks on January 16.

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Vietnam may force banks into bankruptcy as overhaul quickens

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Báo Thanh Niên English 1 month(s) ago

Vietnam may force banks into bankruptcy as overhaul quickens

Vietnam’s central bank said it will push for bank mergers and force weak institutions into bankruptcy as it intensifies an overhaul of the country’s banking system to boost growth.

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New laws take effect in January (Part 2)

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Báo điện tử CP English 2 month(s) ago

New laws take effect in January (Part 2)

VGP – As many as 13 laws will come into force from January 1, 2015.

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New laws take effect in January

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VietnamNet English 2 month(s) ago 3 related news

Expanding benefits, coverage on health insurance

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New laws take effect in January

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Báo Dân Trí English 2 month(s) ago 3 related news

New laws take effect in January

As many as 13 laws will come into force from January 1, 2015.

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Four important laws to take effect from January 2015

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SaiGon GP English 2 month(s) ago

Several laws passed by the 8th National Assembly at its 7th session will take effect from January 1 next year.

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Official says corporate disolution helps cleanse business environment

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Báo Dân Trí English 2 month(s) ago

Official says corporate disolution helps cleanse business environment

Vietnam lost almost 68,000 business in 2014, according to the General Statistics Office (GSO), but officials are unconcerned, saying it's just a part of the country's developing market economy.

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Privatized SOEs double in number

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Báo điện tử CP English 2 month(s) ago 2 related news

Privatized SOEs double in number

VGP – As of December 25, 143 State-owned enterprises were privatized, doubling the figure recorded a year ago.

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SOE restructuring needs to be hastened in 2015: Deputy PM

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Báo Dân Trí English 2 month(s) ago 1 duplicate news

Deputy Prime Minister Vu Van Ninh has asked ministries, localities, and businesses to accelerate the restructuring of State-owned enterprises (SOEs) so as to fulfil the plan for the two years of 2014 and 2015.

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SOE restructuring needs to be hastened in 2015: Deputy PM

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VietnamPlus English 2 month(s) ago

SOE restructuring needs to be hastened in 2015: Deputy PM

Deputy Prime Minister Vu Van Ninh has asked ministries, localities, and businesses to accelerate the restructuring of State-owned enterprises (SOEs) so as to fulfil the plan for the two years of 2014 and 2015.

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“Dead businesses” suddenly become valuable

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VietnamNet English 3 month(s) ago

“Dead businesses” suddenly become valuable

VietNamNet Bridge – Many investors are buying “dead or inactive businesses” instead of setting up new businesses, as this allows them to save time and dodge legal procedures.

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