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Vietnam state steel company faces bankruptcy

Saddled with debts it cannot repay, state-owned Thai Nguyen Iron and Steel Jsc is on the verge of bankruptcy.

Vietnamese textile firm could lose over $2 million in Sears bankruptcy

U.S. lawyers believe Vietnamese textile company Thanh Cong can only recover part of the $4 million bankrupt U.S. retailer Sears Holdings owes it. 

Bankrupt US retail giant Sears owes Vietnamese firm $4 million

Sears, a U.S. retail titan that has filed for bankruptcy, owes a Vietnamese textile company upwards of $4 million.
October 23, 2018 | 02:48 pm GMT+7

Hundreds of workers besiege Saigon garment factory to demand wages

Desperate workers and their children are holding out for payment ahead of the Lunar New Year.
January 15, 2018 | 06:41 pm GMT+7

China needs Detroit-style bankruptcy as debt problems remain: central bank official

'Eliminate central government control on the scale of local government bond issues, expand the scale of local government debt issues.' 
December 25, 2017 | 05:31 pm GMT+7

Vietnam energy giant tries to bail from sinking shipyard after years of debts and losses

PetroVietnam does not expect to recoup its million-dollar investment in the business.
August 29, 2017 | 10:07 am GMT+7

Thousands of containers stranded in Vietnam after S.Korean shipping giant goes bust

About 4,000 containers have been left floating in Ho Chi Minh City's harbors.
November 08, 2016 | 03:01 pm GMT+7

Vietnamese port offers amnesty to bankrupt S.Korean shipping giant

Massive container ships have been left floating in waters around the world after Hanjin went broke.
September 23, 2016 | 05:00 am GMT+7

Gawker Media files for bankruptcy, to go up for sale

Gawker Media LLC, an online publishing pioneer, filed for Chapter 11 bankruptcy and put itself up for sale on Friday after a $140 million court judgment against it in a lawsuit brought by former professional wrestler Hulk Hogan over a sex tape.
June 11, 2016 | 08:08 am GMT+7

Food company threatens to sue authorities over cancer-threat claims

A representative from the Vietnam Food Joint Stock Company (Viet Foods) said that her company is on the verge of bankruptcy after Hanoi’s Bureau of Market Management wrongly stated its products contained a carcinogen.
May 31, 2016 | 03:15 pm GMT+7

Operations put on hold at more than 200 Vietnamese firms every day

Over the first five months of 2016, about 33,000 Vietnamese enterprises suspended operations, equivalent to 220 per day, according to Vietnam's General Statistics Office.
May 30, 2016 | 11:01 am GMT+7

Over 20 thousand businesses on hold in Q1/2016

In the first quarter of 2016, 20,044 businesses suspended activities, a 23.9 percent rise compared to Q1/2015, the General Statistics Office (GSO) said March 25.
March 28, 2016 | 11:30 am GMT+7
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