9,096 sqm of land that Viet - Nga SG Co., Ltd used as the collateral for loans has been seized by the lender, National Citizen Bank (NCB).
NCB sent a notice to Viet-Nga SG Co., Ltd. to seize the collateral under the mortgage contract signed with Viet- Nga SG Co., Ltd. and Viet Nga Steel Co., Ltd.
Accordingly, the seized assets include lot No.73, map No.53, area: 9,096 sqm. The plot, which belongs to Viet – Nga SG, is located at No. 62-64, No. 3 Street, Tan Tao Industrial Park, Binh Tan District, Ho Chi Minh City.
The floor area of the land-attached assets includes workshop 1 (1,440.0 sqm), workshop 2 (1,574.8 sqm), material warehouse (742.2 sqm), office building (742.2 sqm), the office building next to workshop (27.60 sqm).
On the same day, the bank also announced it would seize land used as loan collateral by SVN Nhat Anh Duong Trading Joint Stock Company and Pham Ngoc Binh.
The seized assets belong to the lot No.60, 61; map No.02, with the area of 1,837 sqm, whose purpose is residential land (230 sqm) and agricultural land (1,607 sqm). The assets, located on National Highway 51, Ward 12, Vung Tau City, belong to Pham Ngoc Binh.
Tags:
Tags:
The United Capital Management Joint Stock Company (Unicap) which manages investment funds will provide financial services to FLC and Faros in the near future.
Techcombank has announced that two separate legal entities managed by Warburg Pincus will invest over US$370 million into the Bank, subject to appropriate regulatory approvals.
In only the first two months of this year, the banking, financial services and insurance sector (BFSI) of Vietnam received up to US$1.45 billion worth of investment.
It is feared that the escalating trend of trade protectionism will hinder global growth and make many businesses struggle for survival.
According to the World Bank, remittances to Vietnam in 2017 are estimated at a record high of US$13.81 billion, increasing by US$1.9 billion, equivalent to 16% over 2016.
Within less than five months leading the Southeast Asia Joint Stock Commercial Bank (SeABank), Nguyen Canh Vinh has resigned from this position since February 8, 2018, for personal reason.
