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Tag
restructuring
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PM seeks Japanese bank's support for reforming Nghi Son oil refinery
Prime Minister Pham Minh Chinh has sought the support of the Japan Bank for International Cooperation, the embattled Nghi Son oil refinery’s main creditor, to turn the latter around.
Lender SCB restructuring plan submitted to government
The State Bank of Vietnam (SBV) has presented a restructuring plan to the government in hopes of receiving approval to restructure Saigon Commercial Bank (SCB).
Chipmaker Intel restructures manufacturing business
Intel Corp said its manufacturing business will work like a separate unit and will begin to generate a margin, but gave no clear timeline on when it will start scaling up, sending the chipmaker's shares down about 5%.
June 21, 2023 | 06:33 pm PT
Vietnam central bank plans loan restructuring for struggling businesses
Vietnam's central bank will restructure loans for some businesses facing difficulties, including delaying loan repayments, the government said, as it seeks to shore up a slowing economy.
April 23, 2023 | 07:53 pm PT
PM urges swift restructure of lender SCB
Prime Minister Pham Minh Chinh has instructed the State Bank of Vietnam to swiftly draft plans for restructuring weak banks, including the Saigon Joint Stock Commercial Bank (SCB).
April 23, 2023 | 06:49 pm PT
Businesses unhappy with lukewarm bank debt restructuring
A maximum debt rollover of 12 months is not enough for businesses since they expect to take years to recover from the impacts of Covid-19.
July 8, 2021 | 08:30 pm PT
High-ranking officials punished as Ho Chi Minh City prepares for personnel reshuffle
The city’s Party chief says a shake-up is needed to make the most of its greater autonomy.
December 2, 2017 | 08:42 pm PT
Vietnam state investor to sell 3.33 percent of Vinamilk on November 10
The sale will be absent of some of the restrictions applied to last year’s sale, such as a purchase cap on each individual investor
October 16, 2017 | 06:01 pm PT
Vietnam to quicken share sales in EVN in push for wholesale power market by 2017
Vietnam’s sole retail power supplier is going to open up to private and foreign investors.
August 15, 2016 | 10:54 pm PT
Vietnam to accelerate restructuring of banking system: Deputy PM
The State Bank of Vietnam (SBV) plans to step up efforts to restructure the banking system and clear bad debts through mergers and acquisitions of commercial banks, said Deputy Prime Minister Vuong Dinh Hue on Friday during a meeting with a central bank official.
April 22, 2016 | 06:44 pm PT
Intel to slash up to 12,000 jobs in restructuring
Intel will cut up to 12,000 jobs worldwide as it seeks to shake up its business to reduce dependence on the slumping personal computer market, the US tech giant said Tuesday.
April 19, 2016 | 05:07 pm PT