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Part of situation:
Financial distress in Vietnamese corporations (2 clusters)
SCommerce and HAGL Agrico face significant financial losses
Several Vietnamese companies are facing significant financial challenges. SCommerce has reported a 94% decrease in profits, while Giao Hàng Nhanh has seen its debt increase by 85%.
HAGL Agrico is also experiencing severe financial distress, with accumulated losses exceeding 13,200 billion VND. Auditors have issued warnings regarding the company's ability to continue operations. Trần Bá Dương, through Thaco, is identified as the largest creditor for the firm.
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[baolaocai.vn]