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Vinashin
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$43-million shipyard left to rust
Nam Can shipyard in southern Ca Mau Province has spent the past 12 years idling away.
Former top shipbuilding officials get 6-17 years in prison
Three former top officials of state shipbuilding giant Vinashin will be jailed for appropriating illegal excess interest payments from OceanBank.
Two more top officials arrested for $4.5 million misappropriation at state shipyard
A former Vinashin chief and a serving deputy chief of its successor company SBIC have been arrested for abetting misappropriation of $4.5 million.
December 10, 2018 | 08:23 pm PT
Steel plant explosion kills two workers, injures 10 in Vietnam
Police are investigating a steel plant explosion in Hai Phong on Friday noon that killed two workers and hospitalized 10 others.
December 7, 2018 | 10:17 pm PT
Vietnam arrests former chief of state shipbuilding giant as OceanBank case deepens
The second phase of investigations into the multi-million-dollar graft case has netted its first big fish.
January 25, 2018 | 11:43 pm PT
Scandal-hit Vietnamese firm cleans up $5 mln from share sale
SBIC has turned a surprise profit by selling its stake in an aircraft leasing company.
July 25, 2016 | 01:41 am PT
Vietnam shifts to domestic funding to finance public spending
With the country hitting middle-income status, overseas credit is drying up.
July 18, 2016 | 04:51 pm PT