Tags

bankrupt

Bankrupt creditors may be aided to refund customers

Bankrupt creditors may be aided to refund customers

To-be-bankrupt financial and credit institutions may have to refund their individual customers using support loans from the State Bank of Viet Nam (SBV) and other financial firms.
Bank chairman admits violations

Bank chairman admits violations

Former Ocean Bank chairman Ha Van Tham admitted his violations on Thursday, saying his actions were aimed at saving his job and preventing the bank from going bankrupt.
Govt will let banks fail: official

Gov't will let banks fail: official

The Government will consider the possibility of letting poor performing commercial banks go bankrupt, instead of saving them as it did in the past, Deputy Prime Minister Vuong Dinh Hue has said.
Different results for dissolution and bankruptcy

Different results for dissolution and bankruptcy

Both dissolution and bankruptcy lead to the termination of a company''s activities. However, their causes, settlement procedures and legal consequences, as well as the resultant liabilities of the proprietor are very different.
Let weak banks go bankrupt: expert

Let weak banks go bankrupt: expert

Many speakers at the recent Autumn Economic Forum said that the banking restructuring process in Viet Nam was going slow. Do Thien Anh Tuan, an expert of the Fulbright Economics Teaching Programme, speaks about the issue.
Firm closures outnumber start-ups

Firm closures outnumber start-ups

The total number of dissolved and bankrupt businesses was higher than that of newly established firms in the first eight months of the year.
Thousands of Ha Noi firms forced to close their doors

Thousands of Ha Noi firms forced to close their doors

About 6,700 enterprises in Ha Noi went bankrupt or ceased operations in the first eight months of this year, according to the municipal taxation department.