Vietnam Arrests Four Former Vinashin Officials

Tuesday, September 07, 2010

According to a September 5 report from Bloomberg, Vietnamese police arrested four former officials of Vietnam Shipbuilding Industry Group, known as Vinashin, as the government extended its investigation into financial difficulties at the state-owned company. The people arrested on Sept. 3 include two former board members, Tran Quang Vu and Tran Van Liem, and ex-general directors of two of Vinashin’s subsidiaries, Nguyen Van Tuyen and Nguyen Tuan Duong, according to a statement from the Ministry of Public Security.

(Source: Bloomberg)

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