Global accounting and consultancy firm KPMG said it has been hired by the Vietnam Shipbuilding Industry Group (Vinashin) to advise on the restructuring of its $600 million debt. The state-run shipbuilding group came close to collapse after amassing debts of... (Continue reading)
On 4th of August 2010, Pham Thanh Binh, former Group Chairman of the Vietnam Shipbuilding Industry (Vinashin) was arrested by Security Investigation Agency from Ministry of Public Security. Binh was arrested for investigation of acts of “intentionally left the State’s... (Continue reading)
One Vinashin senior officer told Vietnam News today that the text of six pages signed by managing director of General Tran Quang Vu sent to the Central Department of Propaganda, Ministry of Information and Communications , Association of Journalists of... (Continue reading)