A manhunt was launched by Vietnamese police on Monday for the former top executive of a state-run enterprise for his role in the company’s steep losses, even though the fugitive is believed to be hiding overseas.

Vietnam is setting the bar too low in terms of environmental protection for several industries with high pollution outputs like steelmaking, paper and pulp.

Vietnam’s Minister of Industry and Trade Tran Tuan Anh has insisted that the country still needs more steel projects to maintain sustainable development, despite widespread concern over environmental issues new facilities may cause.