Posted on April 10, 2013 Vinashin has reached agreements on credit restructuring with 51 percent of its debt owners, who hold 75 percent of the total debts. Accordingly, Vinashin will issue US$623 million of bond […]

Posted on April 17, 2013 Workers build a ship at a Vinashin shipyard in the central province of Quang Ngai. Guaranteeing a new zero-coupon bond issue to repay the defaulted US$600 million loan by state-owned […]

Posted on April 10, 2013 Vietnam Shipbuilding Industry Group is facing difficulties clearing its debts but eventually it will have to pay them all, Minister and Chairman of Government Office Nguyen Xuan Phuc said. The […]

PM orders strict handling of Vinashin case Posted on April 10, 2013 The Vietnamese prime minister has demanded thorough investigation and strict punishments against those responsible for theaccumulated debt of more than US$4 billion of […]

Posted on April 10, 2013 The Interpol General Secretariat on Saturday issued an international search warrant against two former officials of the Vietnamese state-owned shipbuilder Vinashin. Ho Ngoc Tùng (L); Giang Kim Dat The officials […]