VINASHINVietnam Shipbuilding Industry Corporation (Vinashin)
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Two former executives of Vinashinlines, a Vinashin subsidiary, were sentenced to death for embezzlement last year after they were found guilty of stealing $11.3 million in shipping deals made between 2006 and 2008.
offered Vinashin interest-free loans to help the company with its cash
Thailand, for example, is considering privatizing some of its state-owned defence factories, while Vietnam wants to reform and rebuild its indigenous arms firms, especially in the wake of the Vinashin bankruptcy.
Credit Suisse Group AG (NYSE: CS) has announced that it will accept a debt restructuring plan put forward by Vietnam Shipbuilding Industry Group (Vinashin) to its creditors.
understand that the significant exposures of Habubank to Vinashin have
Three ships namely MV Captain Wael, MV Thor Sun and MV Vinashin Beach, carrying 46,800 metric tons of imported sugar are discharging sugar at KPT and PQ since October 23.
Tokyo, Feb 24, 2010 - (ACN Newswire) - Vietnam Shipbuilding Industry Corporation (VINASHIN) has completed production of its first Mitsubishi-UE low-speed marine diesel under a technology licensing arrangement with Mitsubishi Heavy Industries, Ltd.
The Nam Cam Ranh industrial park is part of government efforts to invest in the 2001-2010 three-phase Vinashin project, which is aimed at upgrading and improving its shipyards.
The order is the first ever placed by VALC, which is was formed last year by Vietnam Airlines, the Bank for Investment and Development of Vietnam (BIDV), the Vietnam National Oil and Gas Group (PetroVietnam), the Vietnam Shipbuilding Industry Group (Vinashin) and the Phong Phu Corporation.
The new company will be established in cooperation with the Vietnamese shipbuilder Vinashin.
The LOI was signed by AirAsia CEO Tony Fernandes and VINASHIN Chairman and CEO Pham Thanh Binh at an event hosted by Vietnamese Prime Minister Nguyen Tan Dung.