Spain's Ciudad Real airport sold at auction for €10,000

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VietnamNet English 1 week(s) ago

Spain's Ciudad Real airport sold at auction for €10,000

A group of international investors has won a bankruptcy auction for an abandoned airport in central Spain with a €10,000 (£7,000) offer - 100,000 times less than it cost to build.

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The US billionaire who pours money into Vietnam’s garment industry

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VietnamNet English 2 week(s) ago

The US billionaire who pours money into Vietnam’s garment industry

VietNamNet Bridge - In the eyes of Wilbur L. Ross, the 200th richest American, Vietnam is an interesting destination for investment from the US.

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Singapore adopted Bankruptcy Amendment Bill

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VietnamPlus English 2 week(s) ago

Singapore recently has approved the Bankruptcy Amendment Bill, aiming to improve the bankruptcy regime, and ensuring that bankrupts have a greater certainty as to when they are eligible to be discharged.

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Greece sends reform plan to EU promising new tax hikes

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Báo Thanh Niên English 3 week(s) ago 4 related news

Greece sends reform plan to EU promising new tax hikes

The Greek government sent a package of reform proposals to its euro zone creditors on Thursday in a race to win new funds to avert bankruptcy and will seek a parliamentary vote on Friday to endorse immediate actions.

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Greece sends reform plan to EU promising new tax hikes

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VOV News English 3 week(s) ago 4 related news

Greece sends reform plan to EU promising new tax hikes

The Greek government sent a package of reform proposals to its euro zone creditors on July 9 in a race to win new funds to avert bankruptcy and will seek a parliamentary vote on July 10 to endorse immediate actions.

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Another billion dollar steel project on verge of bankruptcy

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VietnamNet English 1 month(s) ago 1 related news

Another billion dollar steel project on verge of bankruptcy

Taiwanese E-United Group is unable to provide capital for Guang Lian steel project in the central province of Quang Ngai, putting it on the verge of bankruptcy, according to a source from the Ministry of Planning and Investment.

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Another billion dollar steel project on verge of bankruptcy

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SaiGon GP English 1 month(s) ago

Another billion dollar steel project on verge of bankruptcy

Taiwanese E-United Group is unable to provide capital for Guang Lian steel project in the central province of Quang Ngai, putting it on the verge of bankruptcy, according to a source from the Ministry of Planning and Investment.

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Puerto Rico urges U.S. bankruptcy deal

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Báo Thanh Niên English 1 month(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 month(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 month(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 month(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 2 month(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 2 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 2 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 2 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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