Housing ownership of foreign-invested enterprises in Viet Nam

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VietnamNet English 3 hour(s) ago

VietNamNet Bridge - There are different provisions of laws on the conditions, duration, forms of ownership, rights and obligations of foreign-invested enterprises owning houses in Vietnam depending on such enterprises’ business sectors.

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BUSINESS IN BRIEF 21/9

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VietnamNet English 4 hour(s) ago 1 related news

Vietnam attracts US$10 bil in FDI in eight months

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New law defines bankruptcy proceedings

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VietNam News English 4 day(s) ago

After 10 years from the issuance of the 2004 bankruptcy law, a new Law on Bankruptcy (the Bankruptcy Law) was passed on June 19, 2014, by the 13th National Assembly with bankruptcy proceedings separated into the two concepts - insolvency and bankruptcy.

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FTA with customs union does not pose threat to steel industry

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VietnamPlus English 6 day(s) ago 1 related news

FTA with customs union does not pose threat to steel industry

The European Market Department under the Ministry of Industry and Trade has dispelled the rumour that domestic steel producers would face bankruptcy in face of the pending free trade agreement between Vietnam and the Customs Union of Russia, Belarus and Kazakhstan.

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Circular regulates deposit insurance

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VietNam News English 6 day(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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MoT takes lead in restructuring SoEs

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Báo điện tử CP English 1 week(s) ago

MoT takes lead in restructuring SoEs

VGP - The Ministry of Transport (MoT) has been in the front line in restructuring State-owned Enterprises (SoEs), said Deputy Minister Nguyen Hong Truong.

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Russian FTA could kill Vietnam's steel market

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

Russian FTA could kill Vietnam's steel market

Domestic steel investors anticipate industry-wide bankruptcy as the government prepares to lift export tariffs on over a hundred products from Russia, the world’s leading steel producer.

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Vietnamese women CEOs among Forbes top achievers

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Báo Tuổi Trẻ English 19 month(s) ago

Vietnamese women CEOs among Forbes top achievers

Mai Kieu Lien, Chairwoman and CEO of Vietnam Daily Productions JSC (Vinamilk) and Pham Thi Viet Nga, Chairwoman of DHG Pharmaceutical Joint Stock Co, Ltd were listed on Forbes Asia’s Women in the Mix, 2013: The year’s Top 50 for Achievement in Business.

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

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VietnamNet English 2 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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Machinery import rules worry firms

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VietNam News English 2 week(s) ago 1 duplicate news

The Prime Minister has agreed to postpone the implementation of a circular on importing used machinery, equipment and technology.

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Economists support PM's speech on closing weak banks

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Báo Dân Trí English 3 week(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.

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Malaysia Airlines to slash 6,000 jobs under rescue plan

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Báo Đầu Tư English 3 week(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.

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Company bankruptcies on the increase

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Báo Dân Trí English 3 week(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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Creditors to gain from bankruptcy law

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Báo Đầu Tư English 3 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.

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ANZ: Vietnam still faces challenges ahead

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VietnamNet English 1 month(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.

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