Update news debts
VietNamNet Bridge - Commercial banks have been allowed to keep Vinashin’s bad debts in “pending” status and do not have to declare the debt as bad debt on their financial reports.
VietNamNet Bridge – The Ministry of Justice (MoJ) is the legal representative of the Government in dealing with international investment disputes as said in the Prime Minister's Decision No. 4/2014/QĐ-TTg.
VietNamNet Bridge – A joint venture gold company in central Quang Nam Province's Phuoc Son District resumed operations over the weekend.
VietNamNet Bridge – A lot of big debtors have issued shares recently to specific partners as a method to pay debts.
According to the General Statistics Office of Vietnam, by July 15, 2013, Vietnam paid foreign debts and aid worth VND56.2 trillion ($2.81 billion), equivalent to 53.5 percent of the yearly estimate.
The total debts of 1,300 trillion dong incurred by SOEs have been described by the Steering Committee for Enterprise Renovation and Development as “within the safety line.” Meanwhile, economists do not think so.
VietNamNet Bridge – The domestic aviation market has turned out to be not lucrative as thought.