Don’t delay moves in developing a small business restructuring plan

Don’t delay moves in developing a small business restructuring plan

If you have a small business with too much debt, you will need to know about the new small business insolvency reforms.
Non-performing loans rise with restructuring

Non-performing loans rise with restructuring

Banks have experienced a significant bad debt formation while implementing strict provisioning to control non-performing loans amid pandemic struggles – however, debt restructuring portfolios will slightly increase in 2021 as related conditions are expanded.
VinCommerce, realisation of Masan Group “Point of Life” business strategy

VinCommerce, realisation of Masan Group “Point of Life” business strategy

More than a year under one roof with Masan Group, the restructuring strategy has brought a facelift to the operations of VinCommerce.
Restructuring business operations to reimagine a new way forward

Restructuring business operations to reimagine a new way forward

Restructuring can assist an organisation in identifying the key issues challenging liquidity and operational efficiency whilst presenting possible solutions. From this point, it is then possible to begin with the implementation of a new structure.
PM demands continued restructuring of credit organisations

PM demands continued restructuring of credit organisations

The steering committee for the restructuring of credit organisations held a meeting in Hanoi on July 27 under the chair of Prime Minister Nguyen Xuan Phuc.
Rail operators juggling with outbreak pressures

Rail operators juggling with outbreak pressures

Amid the challenges driven by the long-awaited approval of a new restructuring plan and the impact of the global coronavirus outbreak, state-owned giant Vietnam Railways is increasingly struggling to fulfil 2020 business targets.
HSBC considers cutting thousands of jobs and downsizing its businesses

HSBC considers cutting thousands of jobs and downsizing its businesses

The forthcoming job cuts and global businesses withdrawals at HSBC will be revealed today, deciding where the pain will fall.
Banking Forum 2019: Transformation needed for banks’ sustainable growth

Banking Forum 2019: Transformation needed for banks’ sustainable growth

Experts at the recent "Banking Forum 2019" in Hanoi has reached a consensus in urging banks to focus on transformations to boost internal strength and achieve sustainable growth.  
General Motors shuttering plants, cutting 15pc of workforce

General Motors shuttering plants, cutting 15pc of workforce

The moves include shuttering seven plants worldwide as the company responds to changing customer preferences and focuses on popular trucks and SUVs and increasingly on electric models.
Brighter prospects in SOE divestment

Brighter prospects in SOE divestment

With an upsurge in both revenue and profit, SOEs are looking at brighter prospects, especially after the new Resolution 12-NQ/TW.
Vinapaco restructuring stuck in limbo

Vinapaco restructuring stuck in limbo

Vinapaco's restructuring project is falling way behind of schedule due to failed divestments.
Restructuring, one route to success for companies: experts

Restructuring, one route to success for companies: experts

For many Vietnamese companies, especially small- and medium-sized enterprises (SMEs), restructuring is a way to improve their competitiveness at a time when the country is integrating rapidly, experts have said.
NA opens fifth session to find new solutions for economic development

NA opens fifth session to find new solutions for economic development

The fifth session of the 14th National Assembly was kicked off this morning, with major solutions to be debated and taken for the country’s greater growth.
Gov’t to inspect SBV restructuring efforts

Gov’t to inspect SBV restructuring efforts

The Government Inspectorate (GI) will conduct 25 crucial inspections this year, including scrutiny of the central bank’s implementation of a restructuring project in the past five years.
Foreign investment streams accelerate bank restructuring

Foreign investment streams accelerate bank restructuring

Over the last thirteen months, foreign investment into local financial institutions not only bolstered M&A, but also sped up the restructuring process at FIs.
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