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Green Marine

about 16 years ago

Massively indebted Vietnamese shipbuilder misses payment

International investors are growing concerned about Vietnam’s state-owned shipbuilding conglomerate Vinashin, which is on the verge of bankruptcy. Its failure would have dire consequences for one of the most dynamic south-east Asian economies. Vinashin is the flagship for the development model advoc

1 minutes read

International investors are growing concerned about Vietnam’s state-owned shipbuilding conglomerate Vinashin, which is on the verge of bankruptcy. Its failure would have dire consequences for one of the most dynamic south-east Asian economies. Vinashin is the flagship for the development model advocated by the current leadership of the Vietnamese Communist party.

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