Port city shaken by million-USD black credit insolvency

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VietnamNet English 3 week(s) ago

Port city shaken by million-USD black credit insolvency

VietNamNet Bridge - On April 24, the police of Le Chan District, the northern port city of Hai Phong confirmed that a case of black credit insolvency had occurred in the city, shaking the local public.

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Hanoi police arrest illegal debt collectors using “dirty bombs"

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VietnamNet English 3 week(s) ago

Hanoi police arrest illegal debt collectors using “dirty bombs'

VietNamNet Bridge - Police of Dich Vong Ward, Cau Giay District, Hanoi, have arrested a gang of illegal debt collectors who usually used "dirty bombs" (mixture of shrimp paste, lubricant oil, etc.) to threaten debtors.

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Air Mekong to refund customers after shutdown

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Báo Tuổi Trẻ English 3 month(s) ago

Air Mekong to refund customers after shutdown

Air Mekong will offer its last flight on February 28 before temporarily shutting down for a restructuring, and will ensure the rights and interests of its customers thereafter, its commercial director said Tuesday.

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Air Mekong paying its creditor daily: spokesman

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Báo Tuổi Trẻ English 4 month(s) ago 2 related news

Air Mekong paying its creditor daily: spokesman

Debt-ridden Air Mekong is paying its creditor, the Vietnam Air Petrol Co Ltd (Vinapco), VND1.8 billion (US$86,538) on a daily basis, the private carrier’s representative Truong Thanh Vu told Tuoi Tre on Friday.

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A bumpy road for Mai Linh taxi

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Báo Đầu Tư English 4 month(s) ago 1 related news

A bumpy road for Mai Linh taxi

Ho Huy, chairman of the debt-beleaguered Mai Linh Group, has almost divested all of his holding in a subsidiary of the firm, Mai Linh Central Joint Stock Co (MNC).

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A bumpy road for Mai Linh taxi

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Báo Tuổi Trẻ English 4 month(s) ago 1 related news

A bumpy road for Mai Linh taxi

Ho Huy, chairman of the debt-beleaguered Mai Linh Group, has almost divested all of his holding in a subsidiary of the firm, Mai Linh Central Joint Stock Co (MNC).

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Public debt down 1.9 %

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Hanoi Times English 6 month(s) ago

The Hanoitimes - Vietnam’s 2011 public debt fell 1.9 % over 2010 to 55.4 % of the country’s gross domestic product (GDP), according to a Government report.

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Government reports on public debts

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Báo điện tử CP English 7 month(s) ago 4 related news

Government reports on public debts

VGP – As of December 31, 2011, the total public debts amounted to over VND 1.391 trillion (US$69.5 billion), accounting for 55.4% of GDP and down 1.9% against 2010, according to a Government’s report to the National Assembly.

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Vietnam’s public debt under control

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SaiGon GP English 7 month(s) ago

Vietnam’s 2011 public debt fell 1.9 percent over 2010 to 55.4 percent of the country’s gross domestic product (GDP), according to a Government report.

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EU, IMF insist no Greek creditor deal yet

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VietNam News English 7 month(s) ago

Greece's finance minister announced he had agreed a new austerity deal with international creditors, but the EU and IMF insisted that while there had been progress, no deal had yet been thrashed out.

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Creditors to clear overdue debts for Myanmar

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VietnamPlus English 7 month(s) ago

Japan together with the Asian Development Bank and the World Bank will clear overdue debts that Myanmar owed them next January.

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Vinashin subsidiary chief accused of stabbing creditor

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Báo Thanh Niên English 10 month(s) ago

The Hanoi police are investigating a complaint by a man that he was stabbed by a business executive when he went to the latter's house to demand repayment of a debt, Tuoi Tre newspaper reported Tuesday.

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Triple Greek coalition faces showdown with creditor 'troika'

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VietNam News English 11 month(s) ago

Greece's new three-party coalition heads for a showdown this week with a "troika" of international creditors – the EU, IMF and ECB – over its bid to revise an austerity-centred bailout.

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Debt trading firm to help settle Bianfishco’s debts

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Báo Dân Trí English 13 month(s) ago 2 related news

Debt trading firm to help settle Bianfishco’s debts

The Debt and Asset Trading Corporation (DATC), under the Ministry of Finance, has considered providing a maximum sum of VND250 billion (USD12 million) to handle the debt of beleaguered seafood company Bianfishco, its CEO Pham Quang Thanh told Tuoi Tre.

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Debt trading firm to help settle Bianfishco’s debts

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Báo Tuổi Trẻ English 13 month(s) ago 2 related news

Debt trading firm to help settle Bianfishco’s debts

The Debt and Asset Trading Corporation (DATC), under the Ministry of Finance, has considered providing a maximum sum of VND250 billion (US$12 million) to handle the debt of beleaguered seafood company Bianfishco, its CEO Pham Quang Thanh told Tuoi Tre.

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