Many companies had to sell assets to continue operation

Share this on: Hanoi, May 13 2023 - 10:17 AM

After experiencing the Covid-19 pandemic, businesses again faced difficulties due to the impact of global economic fluctuations, the purchasing power of most items gradually narrowed. This causes many difficulties for companies, especially the manufacturing sector.  FLC Group said it will transfer 21.7% of the capital held at Bamboo Airways to Mr.  Le Thai Sam - Board of Member, in exchange for liquidating all debt obligations between the two parties. The Chairman of Hoa Binh Company - the owner of the Dolce by Wyndham Hanoi Golden Lake hotel, said that this hotel will be competitively offered in March with a starting price of $250 million to settle cash flow liquidity.  The Chairman of the Board of Directors announced debt cancellation of 75 land lots in Thanh Hoa province (each plot has an area of ??100-194 sqm, selling at the same price of VND 300 million/lot). This number of land lots is for creditors with outstanding loans of less than VND 1 billion at


After experiencing the Covid-19 pandemic, businesses again faced difficulties due to the impact of global economic fluctuations, the purchasing power of most items gradually narrowed. This causes many difficulties for companies, especially the manufacturing sector. 

FLC Group said it will transfer 21.7% of the capital held at Bamboo Airways to Mr.  Le Thai Sam - Board of Member, in exchange for liquidating all debt obligations between the two parties.

The Chairman of Hoa Binh Company - the owner of the Dolce by Wyndham Hanoi Golden Lake hotel, said that this hotel will be competitively offered in March with a starting price of $250 million to settle cash flow liquidity. 

The Chairman of the Board of Directors announced debt cancellation of 75 land lots in Thanh Hoa province (each plot has an area of ​​100-194 sqm, selling at the same price of VND 300 million/lot). This number of land lots is for creditors with outstanding loans of less than VND 1 billion at Egroup and related companies.



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