Bach Tuyet cotton maker forced to pay nearly 56b dong in debts Source: 28-AUG-2008 Intellasia | Thoi Bao Kinh Te Vietnam page 10
Aug 28, 2008 - 7:00:00 AM
Bach Tuyet Cotton Joint Stock Co (Coded BBT) yesterday announced that up to August 25, its operation has not been re-operated due to the leak of mobile capital for business.
To this day, the company's debts (excluding the salary amount of nearly 500 million dong set to pay to employees) included 36 billion dong in debts borrowed from credit institutions, and other individuals, and remaining 20 billion dong is unpaid money amount for material suppliers, dividend, and interest rates.
Totally, BT's debts are about 55.8 billion dong and over 2,035 euro.