Business closures up 20% in first seven months

Business closures up 20% in first seven months

As many as 113,299 firms left the market in the first seven months of this year, up 19.8% year-on-year, according to the General Statistics Office.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Corporate bankruptcy remains 'pie in the sky' for bondholders: lawyer

Corporate bankruptcy remains 'pie in the sky' for bondholders: lawyer

Corporate bankruptcy is still a "pie in the sky" for bondholders since it is even more difficult than negotiating debt payment extensions with issuers, said lawyer Pham Van Phat.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Real estate companies face high bankruptcy risks: top developer Vinhomes

Real estate companies face high bankruptcy risks: top developer Vinhomes

Vietnam’s government should take prompt action in removing obstacles in legal procedures and credit access in the property sector to help the ailing industry recover as realty enterprises face high risks of bankruptcy, Vinhomes chairman Pham Thieu Hoa said Friday.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

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