Real estate firms aggressively restructuring bond debt
Real estate enterprises are facing significant debt maturities of nearly 59 trillion VND (2.3 billion USD) and a rapidly rising delinquency rate in the sector.
Banks asked to consider solving financial difficulties of fishery businesses
Deputy Prime Minister Le Minh Khai has requested the State Bank of Vietnam (SBV) and relevant ministries and organisations to consider solutions to solve financial difficulties of enterprises in the fishery sector.
MoT proposes road use fee exemption to help transport firms
The burden on transport enterprises will be reduced if a proposal for a three-month exemption of road maintenance fees is approved, the Ministry of Transport has said.
Hanoi elevated train pilot run delayed
The planned pilot run of the first elevated train in Hanoi next month will be delayed amid lagging construction progress and financial difficulties.
Students in central coastal provinces drop out to work at sea
For the last few years, an increasing number of students in Hai Ninh commune in central Quang Binh province’s Quang Ninh district have dropped out of school to help their parents with fishing at sea.
More M&A deals expected in domestic property sector
Mergers and acquisitions (M&As) in the domestic real estate sector are being favoured thanks to the recovery in the market, together with several new policies.
Training classes lacking students
As of August, only 15,000 of the 330,000 people eligible for unemployment allowances had enrolled in vocational training programmes, according to the Ministry of Labour, Invalids and Social Affairs.