FAR EAST CORRESPONDENT —  The boffins in Hanoi have been busy. Mending their country’s mangled financial fences is a considerable task for the minders of a centrally planned economy controlled by a one-party state with pretensions of being a communist vanguard.

Of strategic concern is Vinashin, the national shipbuilding company and once the pride of Vietnam’s state-owned enterprises, which buckled under $4 billion in debt and could still cost Prime Minister Nguyen Tan Dung his job.

Read more from Luke Hunt at The Diplomat.