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Sunday, December 22, 2024

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restructuring plan

HCMC to spend VND175 billion to support employees affected by restructuring

HCMC – The People’s Council of HCMC has approved a VND175 billion support package to assist employees impacted by workforce reductions following the restructuring...

New senior appointments suspended ahead of political system shakeup

HCMC - Party General Secretary To Lam has ordered a freeze on senior appointments ahead of the country's major political system shakeup. Speaking at a...

Vietnam to streamline political system, merge ministries

HCMC - The Politburo and the Secretariat have announced plans to overhaul Vietnam's political system, merging ministries and streamlining the Party's organizations at the...

Pacific Airlines undergoes restructuring

HCMC - Given its protracted financial woes, Pacific Airlines is working on a restructuring plan, which includes leasing aircraft from its parent company Vietnam...

FLC cuts workforce by 60% in reshuffle

HCMC – As part of its restructuring plan, FLC has reduced its workforce by 60% while continuing employing over 3,500 people in the group. An...

Corporate restructuring gets underway

In the context of disrupted cash flows and restricted access to capital, the corporate circle is rolling up its sleeves to drastically restructure its...

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