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Vietnam city to stop foreign debtors leaving
Reuters ^
| 04 Feb 2009
| John Ruwitch
Posted on 02/05/2009 2:27:40 PM PST by BGHater
Vietnam's main business centre, Ho Chi Minh City, will block foreign investors or company directors from leaving the country if their firms owe taxes, workers' salaries or social insurance payments, a newspaper reported on Thursday.
The city government asked the immigration department and police on Wednesday to prevent a Korean businessman from leaving Vietnam because his company still owed some $14,300 in salaries for December to 97 workers, Thanh Nien daily said.
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy
KEYWORDS: debt; debtors; economy; vietnam
1
posted on
02/05/2009 2:27:40 PM PST
by
BGHater
To: BGHater
Might become a world trend.
2
posted on
02/05/2009 2:32:44 PM PST
by
A CA Guy
( God Bless America, God bless and keep safe our fighting men and women.)
To: A CA Guy
To: max americana
Sure, or confiscate their property (if any).
4
posted on
02/05/2009 2:35:39 PM PST
by
A CA Guy
( God Bless America, God bless and keep safe our fighting men and women.)
To: BGHater
Debtor prisons may come back into vogue before all this mess shakes out.
5
posted on
02/05/2009 2:35:45 PM PST
by
OB1kNOb
(To survive, one must be free.)
To: OB1kNOb
Debtor prisons may come back into vogue before all this mess shakes out. The biggest debtors of all are governments.
Let's put them all in prison!
6
posted on
02/05/2009 2:41:05 PM PST
by
Bon mots
To: A CA Guy
Well, it’s a commie govt and these are one of the risks of doing business in that kind of environment. At least they are giving the companies a chance to pay up for something that legitimately they owe.
To: Bon mots
The biggest debtors of all are governments. Let's put them all in prison! Got my vote! But let's first allow them to complete the six National Emergency Centers they want to build on military bases and use those to imprison them.
8
posted on
02/05/2009 2:50:33 PM PST
by
OB1kNOb
(To survive, one must be free.)
To: angkor; Nam Vet; Byron_the_Aussie; .cnI redruM; Yardstick; cyborg; em2vn; Khurkris; ALOHA RONNIE; ..
9
posted on
02/05/2009 3:01:41 PM PST
by
ThanhPhero
(di hanh huong den La Vang)
To: PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
*Ping!*
10
posted on
02/05/2009 3:39:04 PM PST
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
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11
posted on
02/05/2009 3:39:24 PM PST
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: onedoug
12
posted on
02/05/2009 4:47:27 PM PST
by
stylecouncilor
(I'm a loner Dottie; a rebel.)
To: BGHater
A few dollars spread around to the right people will make this problem disappear like magic.
13
posted on
02/05/2009 4:57:24 PM PST
by
TenthAmendmentChampion
(Be prepared for tough times. FReepmail me to learn about our survival thread!)
To: ThanhPhero; Rembrandt
Looks like tourism is down and the Lao Dong doesn’t like the decline in revenue.
14
posted on
02/05/2009 6:57:57 PM PST
by
BIGLOOK
(Keelhaul Congress! It's the sensible solution to restore Command to the People.)
To: BGHater
...asked the immigration department and police on Wednesday to prevent a Korean businessman from leaving Vietnam because his company still owed some $14,300 in salaries This will spread.
15
posted on
02/05/2009 7:07:01 PM PST
by
GOPJ
(What's caused 19 deaths, makes travel difficult, and won't melt til April? Global Warming.FR:Dentist)
To: stylecouncilor
More capitalist than our great 0bama....
16
posted on
02/06/2009 4:53:43 AM PST
by
onedoug
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