TUOI TRE NEWS – Updated : 06/01/2017 13:26 GMT + 7
The ‘legacy’ of the infamous, and now defunct, state-run Vinashin not only includes a loss-making shipbuilder and its debt-ridden subsidiaries, but also a deserted multimillion-dollar steel in northern Vietnam.
In 2011, state-owned shipbuilding firm Vinashin officially collapsed. The company was ‘revitalized’ two years later under the new name of Shipbuilding Industry Corporation (SBIC).
Dust and rust are omnipresent at the plant.