Debt

State agencies to inspect debt-burden seafood firm

The Mekong Delta Can Tho City has established an interdisciplinary team to inspect the debt-stricken Bianfishco

Threat of Greek default fades but bailout may not be last

The dark clouds hanging over the eurozone have receded along with the threat of a Greek default, but the latest bailout for Athens may not be the last

China holdings of US debt at $1.15 trillion

China cut its holdings of US debt by $118 billion as its own reserves fell in the fourth quarter

European debt woes rattle travel firms

HCMC – Local travel firms are keeping a close watch on what is happening in a crisis-hit Europe with concerns that their huge inbound market may be affected in the coming time though arrivals from Europe have yet to decline.

Moody's puts Europe's top banks on rate cut watch

Moody's said Thursday it was reviewing some 114 European banks and financial groups for a possible ratings downgrade because of the eurozone debt crisis

China ready to help solve EU debt crisis: Wen

China's Premier Wen Jiabao said Tuesday his country was ready to increase its participation in efforts to resolve Europe's debt crisis

Japan megabanks rise in credit standings: report

The European debt crisis has helped Japanese banks rise in international credit standings as they remain relatively stable compared with their US and European peers

Strong US jobs growth spurs recovery hopes

US businesses shifted into hiring gear in January, creating jobs at the fastest clip in nine months

China govt debt 'controllable,' says PM Wen

Chinese Premier Wen Jiabao said government debt was "overall safe and controllable" and key projects would continue to receive funding to avoid "systemic risks"

Eurozone crisis biggest threat to world economy: Japan PM

Japanese Prime Minister Yoshihiko Noda urged the eurozone to get to grips quickly with its debt crisis on Saturday

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From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the