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Vietnamnet global

Port city shaken by million-USD black credit insolvency

VietNamNet Bridge - On April 24, the police of Le Chan District, the northern port city of Hai Phong confirmed that a case of black credit insolvency had occurred in the city, shaking the local public.

Vietnamnet global

Hanoi police arrest illegal debt collectors using “dirty bombs"

VietNamNet Bridge - Police of Cau Giay District, Hanoi, have arrested a gang of illegal debt collectors who usually used "dirty bombs" (mixture of shrimp paste, lubricant oil, etc.) to threaten debtors.

Vietnamnet global

Creditors may agree to Vinashin’s restructuring plan

VietNamNet Bridge - Credit Suisse has sent a letter to 20 other creditors of Vinashin, informing them that it will approve the Vinashin restructuring plan and suggesting they follow.