Hanoi Social Insurance names FLC unit as one of most indebted firms
October 22, 2019 | 11:33
Local real estate giant FLC’s subsidiary FLC Faros was listed among the top five companies with the heaviest social insurance debts by Hanoi Social Insurance.
Irrecoverable debts make up more than half of bad debts
May 21, 2019 | 13:38
Irrecoverable debts kept increasing in 2019’s first three months and currently account for more than 50 per cent of the 22 banks’ bad debts.
Vietinbank sell Cong Thanh's huge debts to VAMC
May 06, 2019 | 10:20
Local cement company Cong Thanh Group’s trillion-VND debts at Vietinbank will be shifted to Vietnam Asset Management Company (VAMC).
Traphaco fares poorly in optimising profit through financial tools
March 13, 2019 | 16:12
One of the major pharmaceutical firms in the country, Traphaco JSC seems to have forgotten the strength of financial vehicles for profit optimisation.
Sacombank sell two big real estate projects to deal with bad debts
March 12, 2019 | 20:21
To resolve bad debts, Sacombank has just decided to discount two real estate plots it previously put on sale by nearly VND1.812 trillion ($78.78 million).
Standard Chartered Vietnam asks Quang Minh Corporation to pay $4 million debt
May 25, 2018 | 18:41
The first instance hearing ordered QMC to repay nearly $5.7 million to Standard Chartered Vietnam and Standard Chartered Mauritius.
Hanoi names and shames firms
March 22, 2018 | 10:49
Hanoi’s Social Insurance has published a list of 500 businesses with long overdue social insurance premiums, lasting between six months and two years.
Banks look over their shoulders at VAMC proposal
April 11, 2013 | 11:30
Banks are taking a cautious approach towards a proposed national asset management company.
Debt issue held up to the light 1
March 27, 2013 | 17:29
A long-awaited draft decree addressing bank bad debts is under the microscope.
Brining banking to account
January 28, 2013 | 17:32
Industry players are chewing over ways to tackle pressing banking sector issues.
AMC a knight in shining armor
November 20, 2012 | 14:21
Founding a national Asset Management Company (AMC) is believed to be one way to radically address the nation’s rock economic situation. National Assembly Finance and Budget Committee’s standing member Bui Duc Thu brings some light to AMC model.
DATC steps in behind business reshuffle
September 22, 2012 | 10:43
Ministry of Finance’s Debt and Asset Trading Company (DATC) general director Pham Thanh Quang sheds some light on the on-going DATC supported business restructuring process and what steps to be taken to facilitate the process.
Dark and white knights fight over prized assets
September 04, 2012 | 14:47
Bad debt restructuring became one of the hottest topics following the announcement of the State Bank’s Chief Inspector confirming banking system bad debt amounted to 8.6 per cent of total lending.
State Bank Governor answers questions on bad debts
August 22, 2012 | 08:03
Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh on August 21 took the floor to answer deputies and voters questions on the settlement of bad debts, measures to facilitate businesses’ access to capital and the implementation of restructuring projects.
Bianfishco pledges to pay farmers’ debts in August
August 14, 2012 | 11:28
Binh An Seafood Co (Bianfishco) will hand over its fish processing plant to the farmers to whom it owes hundreds billions of dong if it misses the payment deadline on August 29, promised its acting general director.
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