The duo, who lost all the money in a string of failed investment, were convicted of abuse of position
Investigators found that Vinashinlines bought many used ships from 2006-2008 and inflated the value to pocket huge money.
The undesirable project was developed by Vinashin, before everything fell apart in one of the country's biggest corporate scandals
The group has also offered to buy a major stake a northern shipyard
Investigators continue to uncover even more violations at Vinashinlines several years after its top executives were jailed
Giang Kim Dat, a sales manager at a group company, allegedly bought two apartments in Singapore with illegally earned money
The jailed executives can no longer afford to compensate Vinashin and its offshoots
Giang Kim Dat, 38, a former sales manager at Vinashin Ocean Shipping, allegedly made a slew of dodgy deals to...
Police are still searching for one more executive from the state-owned shipbuilder
One of five subsidiaries transferred to Vinalines from debt-laden state shipbuilder SBIC has started the bankruptcy process
A Hanoi court handed sentences to five officials on Friday for forging documents in the purchase of old ships at a state...