Suppliers take complaints against Leflair to authorities
March 05, 2020 | 11:05
Its inability to pay million-dollar debts has put Vietnam-based e-commerce platform Leflair at risk of being taken to court by disgruntled suppliers.
BIDV puts Vinaxuki on sale to recover hefty debt
February 22, 2020 | 13:24
BIDV will auction off the $55 million debt of Vinaxuki, which was set up to become the first Vietnamese carmaker, but slipped into losses and was shut down.
VMAC builds strategy for debt trading
June 20, 2019 | 11:24
The Viet Nam Asset Management Company (VAMC) is planning to develop a new strategy for buying and selling bad debts in Viet Nam this year, in which it will play a central role to promote the development of the debt trading market.
Trillions of dongs of Vietinbank stuck in Vinachem projects
April 04, 2019 | 13:34
Vinachem has produced profit at one of the four of the trillion-dong loss-making projects under its management, while the others show no sign of repaying debts.
Licogi cannot cover debts with tiny profit
February 20, 2019 | 17:41
Construction giant Licogi earned little after-tax profit in recent years, which cannot cover the instalment payments of its half a trillion dong debts.
NA approves lifting foreign debt limit
November 21, 2018 | 08:00
Delayed projects funded via official development assistance will receive a capital boost after the National Assembly agreed to swell Vietnam’s foreign debt cap by VND60 trillion ($2.6 billion) for medium-term public investments.
Debt Asset Trading Co expands reach to foreign-invested businesses
November 15, 2018 | 12:09
Debts and non-performing loans of foreign-invested companies would now be also on the radar of the Debt and Asset Trading Company (DATC), Pham Manh Thuong, DATC’s general director, said at a Ministry of Finance press conference on Tuesday.
Court opens Posco VST-Thanh Nam Group debt claim
October 10, 2018 | 09:41
Posco VST’s requirement to ask Thanh Nam Group is absolutely founded, but the final results is expected to release by the Hanoi People’ Court today.
Phuong Nam pays first dividends in seven years
September 18, 2018 | 15:28
Despite overcoming the 2017 gloom, Phuong Nam is pressed by debt and dividend payments for its shareholders who have not received dividends for seven years.
Misunderstanding around NEM Trading JSC's debt
September 10, 2018 | 14:35
NEM Trading JSC may not be able to deal with a hefty debt from Vietinbank, prompting the bank to sell either the debt or the NEM’s inventory securing it.
GNN: a prime example of COD payment risk
September 10, 2018 | 14:12
GNN's failure to deliver COD payments to vendor customers may be the wake-up call to switch to more secure payment alternatives.
Loan sharks cause suffering in Mekong Delta, central provinces
May 15, 2018 | 10:55
On May 9 police in Sa Dec city accosted Nguyen Van Thu at a car wash in Ward 1 and seized notebooks with records of his loans, more than 400 deposit contracts and identity documents and 3,000 flyers and 700 leaflets for loans.
Vietnam’s official public debt bulletin to be released
January 25, 2013 | 15:18
The Ministry of Finance will officially release Vietnam’s public debt bulletins in Vietnamese and English.
DATC a big hill to climb
January 03, 2013 | 10:52
Pham Manh Thuong, deputy general director of the Ministry of Finance’s Debt and Asset Trading Corporation (DATC), answered questions from VIR’s Manh Bon on the progress of bad debt settlement at many state-owned enterprises.
Greece borrows at steady rates as buy-back ends
December 12, 2012 | 10:07
Greece raised 4.387 billion euros ($5.7 billion) at little-changed interest rates on Tuesday with a special bond issue to pay immediate bills amid indications a vital debt buy-back scheme had succeeded, exceeding the target.
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