Reports: Vietnamese shipping execs detained

Asia

Friday, May 18, 2012

Press reports say executives from Vietnam's shipping line have been detained Friday for alleged wrongdoing. Both Agence France-Presse and Associated Press are carrying reports about the arrests, citing Vietnamese press reports. AFP reported Vietnamese government inspectors saying Vinalines, which operates tankers, containerships and other vessels, defaulted on debts totaling more than $1.1 billion. It said the company is accused "ill-judged pu...

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