Vietnam shipbuilder faces debt deadline

Vietnam's nearly-bankrupt shipbuilder Vinashin faced a debt payment deadline Monday as wider economic fallout from the state-owned firm's crisis prompted speculation of a government bailout.
The firm was still awaiting a response from its creditors on a request to delay for one year the initial 60-million-dollar instalment due Monday, company chairman Nguyen Ngoc Su was quoted as saying in the state-linked Tin Tuc newspaper.
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Source: AFP