Business money news

Big changes were made with the key personnel of Quoc Cuong Gia Lai Group, while the president of Hoang Anh Gia Lai Group, Doan Nguyen Duc, has not been able to escape difficulties despite his efforts to sell assets to pay debts. However, HAG is still facing difficulties as a large proportion of total assets is long-term work in progress with total value of over VND11.4 trillion and inventories worth VND2.3 trillion, while short- and long-term receivables continue to increase to VND10.8 trillion. … [Read more...] about Biggest business stories: August 31 to Sep 6

At least 72 percent of businesses said they did not have money to pay workers, social insurance, health insurance, unemployment insurance, and trade union fees. They also lacked money to pay bank loan interest, buy materials, and lease storehouses, workshops and offices. At least 72 percent of businesses said they did not have money to pay workers, social insurance, health insurance, unemployment insurance, and trade union fees. … [Read more...] about 10,000 businesses dissolved, thousands of others in danger

Corporate bonds have higher interest rates, by 1-3 percent per annum, than bank deposit interest rates. Besides, corporate bonds are believed to have strong liquidity as distributors will commit to buy back or act as intermediaries to arrange deals when investors want to sell the bonds. … [Read more...] about Investors still pouring money into corporate bonds, despite warnings

Furthermore, Adani's renewable energy projects exceeded the total installed capacity of the US solar industry in 2019, whilst they will help reduce over 1.4 billion tonnes of CO2 emissions during the course of the average individual’s lifetime. Indeed, Adani is one of the most integrated solar power manufacturing enterprises globally, with operations in photovoltaic modules and cells manufacturing, along with project development, construction, financial structures, and ownership of assets based on a strong internal asset management foundation. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

The granulated blast furnace slag is a by-product of the iron and steel production process using closed blast furnace technology. Due to the extremely rapid cooling with high pressure water, the granulated blast furnace slag is good for cement and concrete and has been used for a long time around the world as well as in Vietnam. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11