Posts Tagged ‘ Restructuring Plans ’

Vietnam orders state companies to submit restructuring plans 

January 25, 2012
Vietnam orders state companies to submit restructuring plans 

State-owned shipbuilder Vinashin almost collapsed under debts amounting to US$4.5 billion. Vietnam’s Prime Minister Nguyen Tan Dung told state-owned companies to submit restructuring plans, stepping up a drive to bolster the economy by raising efficiency and competitiveness. Detailed proposals involving steps such as selling stakes to private investors and disposing of non-core businesses must be [...]

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EU’s commissioner seeks more ‘prudent’ banks

March 15, 2009

European Union (EU) competition commissioner Neelie Kroes said banks that receive government aid should have simpler structures and less-leveraged balance sheets to win EU approval for their restructuring plans. The 27-nation EU needs lenders with “new business models” that can fit in with changes in the sector, Kroes said in prepared remarks at a conference [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...