Vinashin to report its existing bank credit debt and propose debt
solutions.
Vinashin must deliver the report by Sept. 13.
Deputy Prime Minister Hoang Trung Hai instructed relevant ministries
and agencies to stabilise production and operations, pay its employees
and restructure personnel.
The group's managers and
member companies conduct online meetings every week to review tasks and
to solve emerging problems. The group was instructed to provide social
insurance to its employees.
More than 5,000 Vinashin
workers, or almost 10 percent of its workforce, lost their jobs when
the company failed to pay 234 billion VND (12 million USD) in salaries
and social insurance in June.
Newly-appointed
Vinashin General Director Nguyen Quoc Anh said that Vietnam 's
shipbuilding industry had potential. He said the group was working to
overcome the hard times.
The Government Office reported that Vinashin's total debt was 86 trillion VND (4.41 billion USD) at the end of last month./.
