Asia

VAMC taking greater control of Vinashin’s debts

Hanoi: Vietnam Asset Management Company (VAMC) is taking a firmer approach with local banks in handling loans to Vinashin, according to HCMC Securities Corporation (HSC).

VAMC has bought debts from Agribank, including loans borrowed by Vinashin.

Financially troubled Vinashin has recently issued more bonds.  [21/10/13]

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