February 28, 2022 | 17:16

New regulations issued for debt trading companies

According to Circular No. 05/2022/TT-BTC guiding the restructuring of enterprises that are ineligible for equitization, issued recently by the Ministry of Finance (MoF), Vietnam’s debt trading company is entitled to actively negotiate debt purchases with creditors and propose plans to restructure an enterprise in accordance with the law.

New regulations issued for debt trading companies
Photo: Illustration
Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translate