3:26:22 PM | 7/8/2005
The Debts & Assets Trading Co. (DATC), which was set up under the Ministry of Finance in early February with the task of improving the financial situation of state-owned enterprises (SOEs) in
The branch will trade in non-recoverable and bad debts and unused assets of SOEs to assist their financial restructuring. As a result, the company will help the government to handle bad debts and make SOEs operate more effectively and speed up the privatization of SOEs, which is proceeding too slowly at present.
Vietnamese
