DATC targets highest debt settlement since 2015

Wednesday, Jun 20, 2018

Viet Nam’s Debt and Asset Trading Corporation (DATC) has targeted to settle VND3 trillion (US$131.6 million) worth of debts and assets in 2018, the highest since 2015. 

Debt trading firm in line for a makeover: Finance Ministry

Thursday, Oct 12, 2017

The functions and operations of the Vietnam Debt and Asset Trading Corporation (DATC) should be restructured to handle the “next phase” of handling non-performing loans (NPLs), the Finance Ministry (MoF) says.

DATC completes divestment in three businesses

Friday, Jul 14, 2017

In the first six months of 2017, Viet Nam’s Debt and Asset Trading Corporation (DATC) completed divestment of three enterprises, recovering capital worth VND41.962 billion (US$1.8 million) and achieving 50 per cent of the revenue plan.

DATC to sell 3.7m shares of COSEVCO

Monday, Dec 12, 2016

Viet Nam Debt and Asset Trading Corporation (DATC) will sell 3.7 million shares of Cosevco Ceramic Tiles Joint Stock Company at an auction on January 6 next year at the Ha Noi Stock Exchange.  

Government sell-off sends shares buzzing

Monday, Oct 26, 2015

On October 20 dairy producer Vinamilk (VNM)''s shares rose for a third straight day after the company said that the Government would sell its controlling stake to foreign investors.

DATC to increase charter capital

Tuesday, Jul 28, 2015

The Debt and Asset Trading Corporation will increase its charter capital from current VND2.48 trillion (US$113.8 million) to VND6 trillion ($273.2 million), as per the draft circular about the regulations governing the company''s operation.

Transfer pricing suspected in SAScoat Viet Nam

Friday, Jun 05, 2015

The Debt and Asset Trading Corporation (DATC) has asked the General Department of Taxation to investigate SAScoat Viet Nam for transfer pricing, online newspaper Investment said.

DATC to buy $94m Vinalines debt

Saturday, Jan 24, 2015

The Debt and Asset Trading Corporation (DATC) is negotiating with some banks to buy nearly VND2 trillion (US$94 million) of debt owned by the Viet Nam National Shipping Lines (Vinalines).

DATC to get additional funds for charter capital

Friday, Dec 12, 2014

Prime Minister Nguyen Tan Dung has agreed to give an additional VND3.1 trillion, or roughly US$146 million, to the Debt and Asset Trading Corporation (DATC) for the 2014-15 period.

DATC to evaluate debts worth less than $23,800

Monday, Nov 10, 2014

Debt and Asset Trading Corporation is authorised to evaluate enterprises'' debts and assets which are less than VND500 million, or US$23,800, in book value.

Vietcombank sells Vinalines'$19m debt to DATC

Monday, Nov 03, 2014

Vietcombank has successfully sold off the US$19-million debt of Vietnam National Shipping Lines (Vinalines) to Vietnam Debt and Asset Trading Corporation (DATC), according to the tinnhanhchungkhoan.vn news website.

Government refuses to support Vinalines in debt restructuring

Tuesday, Aug 19, 2014

The Vietnamese Government will not make any preferential policies to support the Vietnam National Shipping Lines (Vinalines) during its restructuring plan.

DATC acquires $82m of business debt

Wednesday, Jan 15, 2014

The Debt and Asset Trading Corporation (DATC) signed 15 contracts to buy debts valued at nearly VND1.8 trillion (US$81.82 million) in 2013.

Vinashin issues $600 million in gov't backed bonds

Friday, Oct 11, 2013

The Vietnam Debts and Asset Trading Corporation (DATC) and consultants have signed to issue global depository receipts (GDRs) guaranteed by the Vietnamese Government to restructure the Vietnam Ship Building Group''s (Vinashin) US$600 million in debts.

DATC issues bonds to exchange oversea debts

Thursday, Oct 10, 2013

Vietnam Debt and Asset Trading Corporation (DATC) will issue US$600 million of bonds overseas guaranteed by the Vietnamese Government to restructure the debts of Vietnam Ship Building Group (Vinashin).