Vietnamese Court Jails 9 Executives Of State-Owned Shipbuilder
Pham Thanh Binh, 58, the former chairman of Vietnam Shipbuilding Industry ... in stagnant business and production that forced the government to appoint a new management.” Nghiem added: "Therefore, the defendants should be seriously punished."
Vietnam court sends shipbuilding execs to prison
The court in the northern port city of Hai Phong sentenced Pham Thanh Binh, former chairman of state-owned Vietnam ... shipbuilders while serving as an example of the country's new success as it opened up to foreign trade and investment.
Vinashin Executive Gets Prison Sentence
Pham Thanh Binh was sentenced after a four-day trial in the industrial port city of Haiphong, state media reported. He was convicted of ignoring regulations governing the management of state-owned enterprises and bringing the firm, known ...
Elliott Advisers Drops Lawsuit Against Vietnam’s Vinashin
On the weekend, the former chief executive of Vinashin, Pham Thanh Binh, was sentenced to 20 years in prison, convicted of ignoring regulations governing the management of state-owned companies and bringing Vinashin to the edge of bankruptcy.
Inflation and The Good Life in Vietnam, if You Can Afford It
Cao Huy Binh and his friends, on the other hand, are unfazed by the high prices as they enter the crowded restaurant. They order beer, grilled shrimp, fried cuttlefish and chicken hotpot after finding the only empty table near the window.