Independent journal on economy and transport policy
14:41 GMT+1
Nepotism caused shipbuilder to go under?
(TuoiTreNews)
July 15, 2010
Tuoi Tre
Vinashin ex-chairman Pham Thanh BinhNepotism by the previous chairman could well be the reason why the state-owned Vietnam Shipbuilding Industry Corporation is teetering on the brink of bankruptcy with debts of VND90 trillion (US$4.74 billion).
Pham Thanh Binh appointed his son Pham Binh Minh to several key positions in Vinashin subsidiaries without approval of the board of directors ...... Read more on TuoiTreNews
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