Thang Long - Hanoi

Ex-Vinashin executives go to trial
27/03/2012 | 17:50:00
EMAIL PRINT Bookmark and Share SHARE Font Size A A A
The first-instance trial on the case involving mismanagement at the National Shipbuilding Industry Group (Vinashin) opened in the northern port city of Hai Phong on March 27.

Nine defendants, including former chairman and general director of Vinashin, Pham Thanh Binh, have been indicted for intentionally violating State regulations on economic management, causing serious consequences.

According to the indictment, Binh and his accomplices disregarded State laws and regulations on investment, management and use of State capital in the purchase of Hoa Sen ship, investment in construction of the Song Hong thermal power plant in Nam Dinh province and the Cai Lan diesel thermal power plant in Quang Ninh province, sale of a ship named Bach Dang Giang and the financial lease of Binh Dinh Star Ship.

The trial is expected to last until March 30.

Vinashin was established in 1996 to develop the country's shipbuilding industry, but developed financial problems in 2009. The Government later introduced reforms to get the embattled shipbuilder back on track.-VNA
COMMENTS
Your comments will be likely edited before publishing
Fullname
(*)  
Email
(*) 
Content
(*)
   
Party leader receives visiting Cuban official
Party leader Trong met with Cuban Vice President of the Council of State Mercedes Lopez Acea.
Vietnam, India issue joint communique
Vietnam and India on September 15 issued a joint communique.
NA Chairman to attend AIPA-35
NA Chairman Nguyen Sinh Hung will attend the AIPA-35 in Laos from Sept. 15-20.
Australian Speaker welcomed in Hanoi
Vietnamese and Australian legislatures should work closely together at int'l parliamentary forums.
Ziplining attracts tourists to Phong Nha-Ke Bang
Visitors to Phong Nha-Ke Bang National Park can take to the skies with ziplining.
Seaplane flights give aerial view of Ha Long Bay
A tourist seaplane route from Hanoi to Ha Long Bay was launched on Sept. 9.
Work starts on 3.2 bln USD petrochemical complex
Work on a 3.2 billion USD petrochemical refinery complex started September 9 in Phu Yen.
Major exhibition on 1946-57 Land Reform
Nearly 150 original documents and artefacts on the Land Reform campaign are on display in Hanoi.

EMAIL PRINT Bookmark and Share SHARE Font Size A A A
Other websites:
Partners: