The High-level People’s Court in Hanoi on October 14 increased the penalty imposed on one of the four defendants charged with “abusing position and power to appropriate assets” at the State-run Vietnam Shipbuilding Industry Group (Vinashin).
The High-level People’s Court in Hanoi on October 10 started hearing appeals of defendants in the case related to “abusing position and power to appropriate assets” at the State-run Vietnam Shipbuilding Industry Group (Vinashin).
Former Chairman of the Council of Members of the State-run Vietnam Shipbuilding Industry Group (Vinashin) Nguyen Ngoc Su was sentenced to 13 years in prison for the charge of “abusing position and power to appropriate assets” at a first-instance trial in Hanoi on June 12.
Four former leaders of the State-run Vietnam Shipbuilding Industry Group (Vinashin), now the Shipbuilding Industry Corporation (SBIC), have been charged with “abusing position and power to appropriate assets”.
The Ministry of Public Security announced on December 10 that its Investigation Police Agency has started legal proceedings against the temporarily detained former General Director Truong Van Tuyen and Deputy General Director Pham Thanh Son of the Vietnam Shipbuilding Industry Corporation (Vinashin).
The Ministry of Planning and Investment (MPI) has just asked the Government to handle the state-owned enterprises (SOEs) which failed to disclose their business information in 2017 in line with the Government’s Decree 81/2015/ND-CP issued in September 2015.
The police has launched criminal proceedings against Nguyen Ngoc Su, former chairman of the members council of the Vietnam Shipbuilding Industry Corporation (Vinashin).
The High-Level People’s Court in Hanoi on August 18 upheld death sentences on former General Director of the Vinashin Ocean Shipping Co. Ltd. (Vinashinlines) Tran Van Liem and former acting head of Vinashinlines’ sales department Giang Kim Dat.
Deputy Minister of Industry and Trade Hoang Quoc Vuong said the government might allow the Vietnam Oil and Gas Group (PVN) to agree to bankruptcy proceedings for some of its projects during a meeting on July 7.
Up to two thirds of domestic financial leasing companies operate at a loss and are riddled with inefficiencies.
The Hanoi People’s Procuracy has proposed a death sentence for Giang Kim Dat, a former official at a subsidiary of Vietnam’s Ship Building Industry Corporation, or Vinashin, a state-owned shipbuilding giant.
Party General Secretary Nguyen Phu Trong has requested that serious and complex corruption cases must be investigated, prosecuted and brought to trial as soon as possible.
After joining WTO, Vietnam laid the red carpet out to welcome foreign investors with huge investment projects worth billions of dollars. But some of these projects never started or have lost licenses.
The Ministry of Public Security on June 24 proposed criminal charges against three former officials of a company affiliated to shipping giant Vinashin, and another man for misappropriating nearly US$16 million from 2006-08.
The Central Steering Committee for Anti-Corruption has decided to arrange seven working groups for inspecting the anti-corruption work in 14 provinces nationwide in 2016, according to document No. 15-TB/BCDTW issued by the committee.
(VOV) -A ceremony was held on March 26 in Binh Son district, Central Quang Ngai province by the Dung Quat Shipyard Company (DQS) to inaugurate upgraded versions of two oil exploration facilities.
(VOV) -Credit Suisse has been named Best Foreign Investment Bank in Vietnam in The Asset magazine’s Triple A Country Awards for 2014.
(VOV) -The first autonomous underwater vehicle (AUV) , built by Cam Ranh Shipyard in central Khanh Hoa province, has successfully completed its trial run at Cam Ranh Bay, the Ministry of Science and Technology announced on September 22.
The Supreme People’s Court on August 30 upheld a 20-year jail term handed down at the March 2012 trial for former Chairman of the Vietnam Shipbuilding Industry Group (Vinashin) Pham Thanh Binh who was found guilty of intentionally violating State regulations.
The Supreme People's Court opened a three-day hearing to consider the appeals of eight out of the nine defendants who have been indicted for intentionally violating the State's economic management regulations, causing serious consequences.