Vietnam: Mekong Delta Tra Fish Moguls Go Bust
SEAFOODNEWS.COM [Viet Nam News] - February 16, 2017
Many fish processing companies in the Mekong Delta region have gone bankrupt, owing banks and farmers billions of VND.
In 2014, Thuan An Trading and Service Company started a Tra fish supply chain with the farmers and Agribank in An Giang Province. Farmers received fish feed from the bank instead of money and sold the fish to the Thuan An Company.
However, since last October, the chairman and the general director of Thuan An Company disappeared after going to a fisheries and seafood fair in China. The deputy director is only barely maintaining the operation of the...
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