VietNamNet Bridge – Parts of the heavily-indebted Vinashin Economic Group will be transferred to PetroVietnam and Vinalines, also state companies, and the remainder restructured.
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Vinashin, bogged down in difficulties, is chased by creditors Vinashin owes over $4.2 billion Troubled Vinashin hands over shipyard to PetroVietnam Autocratic rule, bad decisions sunk state shipbuilding giant Vinashin to be inspected within 75 days Party issues second, heavier indictment of Vinashin Chair Responsible ministries had poor oversight of troubled Vinashin Government to restructure Vinashin, expects it to turn profit by 2014 Indebted shipbuilder seeks Government’s aid for restructuring Politburo instructs Vinashin to restructure operations Vinashin committee works on restructuring group Gov’t asked to report on shipbuilder’s debts Vinashin’s new general director to be dismissed New general director for troubled shipbuilding group Vinashin boss was suspended at behest of investigative agency Vinashin asked to report debt solution New chairman for trouble shipbuilding group New Vinashin to be launched soon: says Government Responsibility for Vinashin’s debt must be clarified Vinashin still hot at National Assembly National Assembly continues Vinashin debates Vinashin may be investigated by a provisional committee VietNamNet
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Transport Ministry addresses Vinashin’s restructuring

