January 25, 2012
Vinashin, the Vietnamese state-owned shipbuilder sued by Elliott Vin (Netherlands) NV for a portion of a $600 million loan, said the claim isn’t valid. Only the loan’s arranger and facility agent Credit Suisse AG Singapore Branch can enforce payment obligations on the instruction of the majority of the lenders, Vinashin, as Vietnam Shipbuilding Industry [...]
Tags: 60 Million, 600 Million, 600 Million Loan, credit, Credit Suisse, Elliott, Elliott Vin, Elliott Vin Netherlands, High Court, Industry Group, million, Million Loan, Netherlands Nv, Shipbuilding Industry, Shipbuilding Industry Group, Suisse, The loan, Vin Netherlands, Vinashin
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November 17, 2011
A part of Dung Quat oil refinery in the central province of Quang Ngai. The refinery is the mainstay of the Dung Quat Economic Zone. Coastal economic zones have developed strength in numbers, but failed to pull their weight. They are characterized by sluggish development, low occupancy rates, modest investments and very small contribution [...]
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December 6, 2010
Creditors of a US$600 million, eight-year loan for Vietnam’s troubled state shipbuilder Vinashin will meet on Tuesday to discuss a request for a standstill from the near-bankrupt conglomerate, Basis Point reported on Friday. The creditor group would be led by Elliott Advisors and Standard Chartered Bank, sources told Basis Point, a Thomson Reuters company. [...]
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August 28, 2009
LookAtVietnam – While MOF has been insisting on taxing houses based on their values, MOC believes that it would be better to tax the areas of houses. The draft law on house taxation being compiled by MOF stipulates that houses valued at 600 million dong and higher would be taxed 0.03 percent. As for the [...]
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August 4, 2009
Member of the National Assembly’s Economics Committee Nguyen Duc Kien believes that the housing tax law will not lead to price increases in the real estate market, while it will help the state better control the market. According to the Ministry of Finance’s latest draft, only the houses worth more than 600 million dong will [...]
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July 31, 2009
Houses worth over 600 million dong will be taxed 0.03 percent per annum on the value in excess of the 600 million threshold instead of 0.05 percent as previously planned, the latest draft of the housing tax law stipulates. The Ministry of Finance, which is drafting the housing tax law, said that the draft document [...]
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