Hanoi: The ongoing investigation into economic mismanagement across the sprawling empire of Vietnam Shipbuilding Industry Group (Vinashin) resulted yesterday in the arrest of another five officials, this time from Ben Thuy Shipyard, for “intentionally violating the state’s economic management regulations and causing serious consequences.”
Expansion plans at the yard six years ago resulted in the squandering of tens of millions of dollars, investigators allege. [09/11/12]
