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Is Hanjin to be followed by Vietnamese shipping firms?
Vietnamnet global

Is Hanjin to be followed by Vietnamese shipping firms?

Experts have warned that some Vietnamese shipping firms, incurring big debts, will soon follow Hanjin and file for bankruptcy. At least two – Vinashinlines and Falcon – have been following procedures to declare bankruptcy.

Maritime transport slides into crisis
Vietnamnet global

Maritime transport slides into crisis

VietNamNet Bridge - The record low freight for both inland waterways transport and international routes has caused a crisis among shipping firms, big and small, state-owned and privately run.

Vinalines still uncertain about debt restructuring
Vietnamnet global

Vinalines still uncertain about debt restructuring

VietNamNet Bridge - The Vietnam National Shipping Lines (Vinalines), which was considered the country’s leading shipping firm, had by mid-2015 reportedly owed VND2.3 trillion to commercial banks.