South Korean investor leaves behind huge debt - News Summed Up

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South Korean investor leaves behind huge debt


South Korean investor leaves behind huge debtAbout 900 workers at Vina Kangaroo Garment Company in Thai Binh Province haven't received their wages or had insurance paid worth over VND15bn (USD661,000) as a South Korean investor has disappeared. Workers gather outside of the companyOn May 24, hundreds of workers gathered outside the company's gate to find out what was going on. Nguyen Thi Thoan, a member of the company's trade union, said the company opened in 2008 but business had slowed in 2015. The workers haven't been paid for February, March and April. According to a notice from the Human Resources Department, the company couldn’t provide jobs to workers as the materials haven't arrived.


Source: VietNamNet News May 26, 2017 07:30 UTC



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