Ministry may pull the plug on Dung Quat Shipbuilding Industry Co., Ltd

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Báo Đầu Tư English 1 week(s) ago

As reported by newswire vneconomy.vn, bankruptcy is one of the options for Dung Quat Shipbuilding Co., Ltd., Vietnam National Oil and Gas Group (PetroVietnam)’s shipbuilding subsidiary.

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Bankrupt firms continue to rise

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Báo Dân Trí English 1 week(s) ago

Up to 10,400 Vietnamese enterprises have gone bankrupt between January and November this year, up 23.3% on-year, according to the General Statistics Office.

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Bankrupt shipping firm leaves containers in Vietnam

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Báo Dân Trí English 1 month(s) ago

Bankrupt South Korean shipping giant Hanjin has left up to 4,122 containers at HCM City ports, said the Vietnam Maritime Administration (Vinamarine).

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Government will not save ‘zombie’ banks

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Báo Đầu Tư English 1 month(s) ago

The Government will consider the possibility of letting poor performing commercial banks go bankrupt, instead of saving them as it did in the past, Deputy Prime Minister Vương Đình Huệ has said.

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Gov’t may sell inefficent State enterprises

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Báo Đầu Tư English 1 month(s) ago

State-owned enterprises (SOEs) which record prolonged losses and lose equity capital may be put up for sale or declared bankruptcy according to law.

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Vietnam exporters seek help after Hanjin bankruptcy

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Báo Đầu Tư English 2 month(s) ago

Local exporters, freight forwarding firms and seaports are calling for Government support to ease the effects of the bankruptcy filed by South Korea's Hanjin Shipping Global (HJS), the world's seventh-largest container carrier.

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Vietnamese cargo on bankrupt Hanjin ships stranded at sea

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnamese goods remain stranded at sea after cargo ships owned by the South Korean shipping line Hanjin refused to dock for fear of being held hostage to debt payment demands.

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Vietnamese cargo ships face foreign competition

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Báo Dân Trí English 3 month(s) ago

Vietnamese cargo ships face foreign competition

Vietnamese shipping companies are losing local market share as importers and exporters continue to choose foreign shippers.

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Hanjin Shipping Global ceases operations in VN

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Báo Đầu Tư English 3 month(s) ago

Hanjin Shipping Global ceases operations in VN

The Vietnamese Representative Office of Hanjin Shipping Global, South Korea’s giant container shipping company, announced that it would not accept any new booking of freight orders from August 31.

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Government to stop subsidising troubled state firms

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Báo Dân Trí English 5 month(s) ago

Government to stop subsidising troubled state firms

PM Nguyen Xuan Phuc confirmed at a meeting with the Ministry of Industry and Trade on July 12 that the government will subsidis such troubled projects as the Thai Nguyen Iron and Steel Joint Stock Corporation (TISCO)'s plant.

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Rice sector continues its struggle in first half

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VietStock FI English 5 month(s) ago

Rice sector continues its struggle in first half

Cambodian rice exports decreased nearly 6 per cent year-on-year during the first semester, reinforcing concerns about the future of the rice industry, the Kingdom’s most important agricultural sector.

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Newly-established firms top 54,000 in half-year

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Báo Dân Trí English 5 month(s) ago

Newly-established firms top 54,000 in half-year

The number of newly-established businesses in the Jan-June period stood at 54,500 with a total registered capital of VND427.8 trillion (USD20.3 billion), up 20% and 51.5% in terms of company number and capital value respectively on-year.

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Vinalines proposes to sell infamous Lash Song Giang fleet

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Báo Đầu Tư English 6 month(s) ago

Vinalines proposes to sell infamous Lash Song Giang fleet

State-owned shipping firm Vinalines is striving to tackle a big debt owed by its subsidiary Vinashinlines through selling the infamous Lash Song Giang ship fleet, which has stopped operation for about eight years now.

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Oil giant PetroVietnam has a textile factory and it is at risk of bankruptcy

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Báo Thanh Niên English 9 month(s) ago

Oil giant PetroVietnam has a textile factory and it is at risk of bankruptcy

A file photo of PetroVietnam's Dinh Vu polyester fiber and yarn factory in the northern city of Hai Phong. Photo credit: Vietnam Pictorial

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Many private hospitals close to bankruptcy

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Báo Dân Trí English 9 month(s) ago

Many private hospitals close to bankruptcy

Private hospitals are struggling to receive patients, with most of them operating at 40-50 per cent of their capacity, according to the Vietnam Private Hospital Association.

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