Minister takes part in test of first locally-made autonomous underwater vehicle

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VietnamNet English 5 month(s) ago

Minister takes part in test of first locally-made autonomous underwater vehicle

VietNamNet Bridge - At Cam Ranh Shipyard in Cam Ranh City, Khanh Hoa Province, on September 21, the Vinashin High-Tech Investment and Development JSC tested its autonomous underwater vehicle (AUV) named Hoa Binh (Peace).

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Made-in-Vietnam AUV successfully tested

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VOV News English 5 month(s) ago

Made-in-Vietnam AUV successfully tested

(VOV) -The first autonomous underwater vehicle (AUV) , built by Cam Ranh Shipyard in central Khanh Hoa province, has successfully completed its trial run at Cam Ranh Bay, the Ministry of Science and Technology announced on September 22.

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Vinalines struggles to settle debts of Vinashin

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VietnamNet English 6 month(s) ago

Vinalines struggles to settle debts of Vinashin

VietNamNet Bridge – While Shipbuilding Industry Corporation (SBIC), the successor of the debt-laden Vinashin, is about to undergo the second debt restructuring phase, Vietnam National Shipping Lines (Vinalines) is struggling to settle debts previously transferred from Vinashin.

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Government refuses to make preferential policies to Vinalines in debt restructuring

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VietNam News English 6 month(s) ago

Government refuses to make preferential policies to Vinalines in debt restructuring

The Vietnamese Government will not make any preferential policies to support the Vietnam National Shipping Lines (Vinalines) during its restructuring plan.

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Government refuses to support Vinalines in debt restructuring

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VietNam News English 6 month(s) ago 3 duplicate news

Government refuses to support Vinalines in debt restructuring

The Vietnamese Government will not make any preferential policies to support the Vietnam National Shipping Lines (Vinalines) during its restructuring plan.

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Stored toxic waste threatens Halong Bay

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Báo Dân Trí English 6 month(s) ago

Stored toxic waste threatens Halong Bay

The authorities in Vietnam is trying to find ways to deal with 7,000 litres of toxic waste that have been stored near Halong Bay for seven years.

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NA members call for better use of state capital

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Báo Đầu Tư English 7 month(s) ago

NA members call for better use of state capital

Many National Assembly members have suggested that the law on management and usage of state capital invested into enterprises’ production and business specify a concrete new model for state capital ownership in enterprises.

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Vinashin-SBIC unsure how to handle 73 subsidiaries

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VietnamNet English 8 month(s) ago

Vinashin-SBIC unsure how to handle 73 subsidiaries

VietNamNet Bridge – To move ahead with its restructuring process, SBIC (the Shipbuilding Industry Corporation) still needs to find solutions for 73 subsidiaries, but no one has made an offer to take them over.

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Public worries about public debt

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VietnamNet English 9 month(s) ago

Public worries about public debt

VietNamNet Bridge – The Ministry of Finance once had money to pay foreign debts but now has very little, as most of its funds have been used to pay the debts of state-owned company’s cement projects.

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Vietnam farmers bear the brunt of sloppy drive to industrialization

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Báo Thanh Niên English 9 month(s) ago

The north-central Quang Tri Province recently canceled 20 industrial factory projects on 14 of a 19.3-hectare (47.3-acre) economic zone.

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Banks benefit from special debt settlement for Vinashin

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VietnamNet English 9 month(s) ago

Banks benefit from special debt settlement for Vinashin

VietNamNet Bridge - Commercial banks have been allowed to keep Vinashin’s bad debts in “pending” status and do not have to declare the debt as bad debt on their financial reports.

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Unreported, official foreign debts raising fears

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VietnamNet English 10 month(s) ago

Unreported, official foreign debts raising fears

VietNamNet Bridge – No one knows how big the “underground”, or unregistered foreign debt is, while the official foreign debt has been found to be increasing steadily.

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Following Vinashin, Vinalines now lays down conditions for its equitization

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VietnamNet English 10 month(s) ago

Following Vinashin, Vinalines now lays down conditions for its equitization

VietNamNet Bridge – The Vietnam National Shipping Lines (Vinalines) has asked for a lot of favors to settle debts before it goes equitized.

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Lacking funds, Vietnamese submarine never got off the ground

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VietnamNet English 10 month(s) ago

Lacking funds, Vietnamese submarine never got off the ground

VietNamNet Bridge – In the past, some Vietnamese scientists and engineers spent many years designing submarines on their own. But their works were invariably suspended when the money ran out. Now, however, the debut of a new mini-submarine, developed by Nguyen Quoc Hoa with his own money, has breathed new life into the dream of a made-in-Vietnam submarine.

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SBIC not ready for equitisation

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VietNam News English 11 month(s) ago

The Shipbuilding Industry Corporation (SBIC) is asking the Government for a special mechanism to deal with debts and negative equities of its subsidiaries before equitisation in the next 20 months.

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