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  • November 28, 2014
  • Last updated: 11:56am
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Results 1 - 10 of 19 for debt

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  1. News - Asia - VIETNAM

    Vietnam arrests tycoon for lending fraud

    Posted Oct 25th 2014, 03:39pm by AP

    ... their crackdown on financial crimes in a bid to clean up the debt-ridden banking sector. Ha Van Tham, former chairman of the board of the private Ocean Bank, was taken into police custody in Hanoi ... as Vietnam is trying to clean up high levels of bad debts in its banking system, which have dragged down economic growth in recent years and caused public anger. The debts had climbed to 8 per cent ...

  2. News - Asia - VIETNAM

    ‘It’s sweeter and tenderer than dog meat’: Vietnam’s taste for cat leaves pets in peril

    Posted Jul 28th 2014, 11:50am

    ... was a child. “From that time, I had a debt to dogs,” he said. Dramatic changes to society and cultural attitudes in the once tightly-controlled communist country in recent decades mean that a growing ...

  3. News - China - VIETNAM

    Vietnam’s commitment to investors 'in doubt' after riots, says China Daily

    Posted May 19th 2014, 11:05am by Reuters

    ... Taiwan media reported on Monday, citing Vietnam’s representative in Taiwan. The compensation could come in the form of tax waivers, tax cuts, concessional loans or debt relief on overdue loans, ...

  4. News - Asia - VIETNAM

    Vinaline shipping firm chief Duong Tri Dung 'paid bribes to top officials'

    Posted Jan 09th 2014, 01:34am by AFP

    ... Tri Dung, who briefly fled Vietnam as scandal engulfed his debt-ridden firm in May 2012, gave a "shocking" account of paying large sums to a senior Communist Party figure to try ... for aiding his escape. Dung, who was last month sentenced to death for embezzlement, fled the country after the near-collapse of Vinalines under some US$3 billion of debt, but was apprehended ...

  5. Property - International - VIETNAM

    Waning confidence holds back housing recovery in Vietnam

    Posted Apr 09th 2014, 04:28am by Bloomberg

    ... to be stymied by bad debt at banks, of which a third were tied to soured property loans at the end of 2012. Lenders are putting together a loan package to stimulate the market and policymakers cut rates ...

  6. News - Asia - VIETNAM

    Vietnam hands out death sentences in Vinalines corruption case

    Posted Dec 16th 2013, 09:19pm by Agence France-Presse in Hanoi

    ... shipping company Vinalines to death for embezzlement as authorities try to allay rising public anger over corruption. State-owned Vinalines nearly collapsed under some US$3 billion of debt ... regulations and embezzlement. “I did not take any money. I have been wrongly charged,” Dung told the court. He did, however, accept some responsibility for the Vinalines debt scandal, and apologised ...

  7. News - Asia - VIETNAM

    Vietnam set to loosen restrictions on foreign ownership in listed firms

    Posted Jan 01st 2014, 02:45am by Reuters

    ... seen as Asia's next emerging-market star, but one hit badly by high levels of toxic debt, scant retail spending and a startling number of bankruptcies of small and medium-sized private ...

  8. News - Asia - VIETNAM

    Dissent rises in Vietnam over one-party monopoly on power

    Posted Nov 29th 2013, 10:30pm by Reuters

    ... entrench the party's grip on power at a time when discontent simmers over its handling of land disputes, corruption and an economy suffocated by toxic debt amassed by state-run firms. Dang ...

  9. News - Asia - VIETNAM

    Vietnam’s state sector a ‘cancer’ in economy

    Posted Jan 30th 2013, 02:45pm by AFP

    ... of Vietnam’s total economic activity. But the sector is not in good health. SOEs have racked up some US$61 billion of debt which represents more than half of total public debt in Vietnam. Several ... economic woes. Dung championed the SOEs as a path to economic prosperity, citing the example of South Korea’s Chaebol. Experts say the SOEs have become expert at hiding their debts, have ...

  10. News - Asia - VIETNAM

    Vietnam PM Dung wins lukewarm vote of confidence

    Posted Jun 12th 2013, 12:00am by Reuters

    ... of entrenched graft and a once-thriving economy stagnating under the weight of bad debt. Dung, 63, received 122 votes of "confidence" in the ballot. Forty-seven officials faced votes; seven ...




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