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Update news bankruptcy
VietNamNet Bridge – Tet, or the Lunar New Year, is a significant event that most Vietnamese people look forward to, not just because of the long holiday break, but also because of the customary Tet bonus.
VietNamNet Bridge – Many electronics stores in Vietnam are facing the risk of bankruptcy after a period of rapid expansion and competition.
HCM City’s 2011-2013 remittance nears US$14 billion; Lazada announces strong investment in e-commerce; Fuel imports keep falling on lower demand, Seasonal labor demand for Tet drops sharply
VietNamNet Bridge – The bankruptcy of the Vietnam Shipbuilding Industry Group (Vinashin) has caused the delay of many projects, leading to serious land waste in Haiphong City, affecting local households.
VietNamNet Bridge – The recent mechanisation of sedge-mat production brought wealth to some Mekong Delta villagers. But those who can't afford the pricey machines are being left out of the economic windfall, opting instead for industrial jobs
VietNamNet Bridge – Thirty nine Vietnamese sub-contractors have accused South Korea-owned Hyupjin Vina Company of refusing the debt of VND44 billion (USD2.1 million), allegedly owed them.
Motorshow 2013 to be launched in HCM City; Vietnam,Turkey aim for US$3 billion trade turnover by 2015; Farmers apprehensive before new sugarcane season
VietNamNet Bridge – A new bankruptcy law is being compiled which is hoped to help declare death for tens of businesses which do not exist in reality, but still exist on papers. However, some provisions of the laws prove to be more complicated.
The owners of a train that derailed in Canada last month leaving dozens dead has filed for bankruptcy, the company said.
Samsung exports three times higher than city’s IPs, EPZs; Policy incentive boost for high tech projects; Piaggio Vietnam’s test track system opened; Japan retailer Nojima enters local electronics market
According to a report from the General Department of Taxation, arrears of tax in the first half of 2013 reached VND64.632 trillion ($3.23 billion), up 32 percent compared to 2012 and 30 percent over the same period.
U.S. city Detroit filed for bankruptcy Thursday, making it the largest-ever municipal bankruptcy in U.S. history, local media reported.
VietNamNet Bridge – The Ministry of Finance will present to the Government a decree on handling bad debts at State-owned enterprises which will serve as a legal basis to require enterprises to classify debts and better handle bad debts.
VietNamNet Bridge – A lot of businesses which cannot declare bankruptcy, have become the “zombies” which operate under disguised marks, cheat partners and evade tax.
VietNamNet Bridge – Despite the warning from the Viet Nam Coffee & Cocoa Association that the country's coffee harvest may decline for a second straight year because of drought in the main growing regions, prices have continued to drop,
Enterprises seek funds to bid for gold; Many local firms in race to expand distribution networks; Hanoi rental market lifts real estate gloom; Electronic traders target innocent rural residents
The number of workers at enterprises has reportedly not increased over the last 5 years. New workers have been employed to offset the left ones, not to serve the enterprises’ business expansion plans.
VietNamNet Bridge – Under performing banks may have to file for bankruptcy if they cannot meet new conditions set out by the central bank under a recently issued circular that is effective on April 27.
Thousands of demonstrators burst into cheers and applause as their MPs on Tuesday flatly voted down a painful EU bailout plan aimed at rescuing Cyprus from bankruptcy.
The Vinashin ocean shipping company will be one of two subsidies of the Vietnam Maritime Corporation (Vinalines) that will be permitted to go bankrupt in the process of restructuring Vinalines.