FDI drops 60% in Ho Chi Minh City

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Báo Tuổi Trẻ English 12 month(s) ago

FDI drops 60% in Ho Chi Minh City

Industrial parks and export-processing zones in Ho Chi Minh City have attracted US$202.29 million worth of both direct and indirect investments in the first six months of this year, down by 38 percent year-on-year, according to the HCMC Export and Processing Zone Authorities (HEPZA).

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Foreign capital stays in Vietnam for seeking other business opportunities

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VietStock FI English 17 month(s) ago

The move by foreign investors to sell stocks in big quantities should be seen simply as a “technical transaction”, while it does not mean that the foreign investment funds are trying to withdraw form Vietnam.

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Vietnam seafood company whittles down mountain of debts

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Báo Thanh Niên English 14 month(s) ago

A debt-ridden seafood company in the Mekong Delta city of Can Tho has paid a part of its debts to local farmers after selling some assets, but has refused to liquidate as demanded by creditors.

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Vietnam farmers ask court to liquidate debt-ridden seafood firm

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Báo Thanh Niên English 14 month(s) ago

Seven farmers in the Mekong Delta city of Can Tho Thursday asked the local court to consider imposing bankruptcy on an indebted seafood company that owes them nearly VND32 billion (US$1.53 million) in total.

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Creditors lodge demand asking Bianfishco to declare bankruptcy

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Báo Tuổi Trẻ English 14 month(s) ago 1 duplicate news

Creditors lodge demand asking Bianfishco to declare bankruptcy

Many farmer creditors of debt-ridden Bianfishco Wednesday lodged a demand to the Can Tho City’s People’s Court, asking it to initiate bankruptcy proceedings with the company.

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Expanding dumps impede real estate

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VietNam News English 15 month(s) ago 1 duplicate news

Junk yards are wasting a large amount of prime real estate in Ha Noi, providing storage for automobiles and other vehicles that have been damaged in accidents, are no longer operational or are not roadworthy under the law.

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Disappointing Tet sales leave firms with huge stocks

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Báo Thanh Niên English 16 month(s) ago

Disappointing Tet sales leave firms with huge stocks

Women walk near bottles of cooking oil at a supermarket in Hanoi. Local companies are struggling to liquidate stocks that piled up due to low sales.

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Freight sector experiences difficulties

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VietNam News English 16 month(s) ago 1 duplicate news

The freight market was expected to experience more difficulties this year due to global economic turmoil and an oversupply of cargo vessels, according to experts.

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Fivimart rejects rumor of going bankrupt

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SaigonTimes English 16 month(s) ago

HCMC – The Fivimart supermarket chain has not closed and entered bankruptcy as rumored on some newspapers but is growing well and will continue to expand its network, affirmed Vu Thi Hau, deputy director of the chain.

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Bac Lieu inspects gas, fuel distribution

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VietNam News English 16 month(s) ago

Bac Lieu has set up an inspection team drawn from various departments to check cooking gas and petrol distribution in the Cuu Long (Mekong) Delta province.

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Agribank appears at the bar

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VietStock FI English 16 month(s) ago 2 duplicate news

The Bank of Agriculture and Rural Development of Vietnam (Agribank) has been forced to pay VND38.5 billion for Cao Truong Son Company.

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Agribank appears at the bar

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VOV News English 16 month(s) ago

Agribank appears at the bar

(VOV) - The Bank of Agriculture and Rural Development of Vietnam (Agribank) has been forced to pay VND38.5 billion for Cao Truong Son Company.

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Ba Ria-Vung Tau’s $1.3b wonderful world park project axed

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VOV News English 16 month(s) ago

The Ba Ria-Vung Tau People’s Committee has agreed in principle to withdraw Good Choice USA-Vietnam Co’s US$1.3 billion investment licence for a tourism project in the southern coastal city.

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Ba Ria Vung Tau $1.3b Wonderful World park axed

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VietNam News English 16 month(s) ago 1 duplicate news

The Ba Ria-Vung Tau People's Committee has agreed in principle to withdraw Good Choice USA-Viet Nam Co's US$1.3 billion investment licence for a tourism project in the southern coastal city.

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Bankrupted Russian tour operator pays off debts to local partners

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VietnamNet English 16 month(s) ago 1 related news

Bankrupted Russian tour operator pays off debts to local partners

VietNamNet Bridge – Lanta-Viet, a local branch of the bankrupted tour operator Lanta-Tur Voyach, is back in operation to finish all proceedings related Russian tourists and pay off debts to their partners in Mui Ne, according to Nguyen Van Khoa, chairman at the Tourism Association in the coastal province of Binh Thuan.

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