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Bianfishco chief ordered back to Vietnam

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By SeafoodSource staff
28 March, 2012 - Authorities in the southern Vietnamese city of Can Tho have ordered the boss of a massively indebted seafood company to return from the U.S. or provide medical records for her alleged cancer treatment.

Pham Thi Dieu Hien is general director of Binh An Seafood Joint Stock Company (Bianfishco), which owes more than VND 1.27 trillion (USD 61.4 million) to nine banks, a credit organization, and scores of farmers.

She is thought to personally owe VND 0.29 trillion (almost USD 14 million).

Tuoi Tre newspaper Tuesday quoted Vo Thanh Thong, vice chairman of the city, as saying the order had been made because the 30-day term of Tran Van Tri, her husband, who had taken over as general director of Bianfishco from her, has ended.

Click here to read the full story from Thanh Nien News > 

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