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State-owned enterprises reported mixed results last year, with some making millions of dollars in profits and others suffering similar losses, according to a government report. - VnExpress International ....
Share HCMC court hits former minister with 10 years over expressway fraud Wed, 23 December 2020 The Ho Chi Minh City (HCMC) People’s Court on December 22 sentenced former Vietnamese transport minister Dinh La Thang to 10 years in prison for violating regulations on the management and use of state assets, causing waste and losses at the HCMC-Trung Luong Expressway project, a major toll road in southern Vietnam. The case involved 20 defendants, including Thang, who served as Minister of Transport between August 2011 and February 2016; and Nguyen Hong Truong, who was Deputy Minister of Transport from April 2007 to August 2017. Both Thang and Truong were found guilty of “violating regulations on the management and use of state assets, causing waste and losses”, under Article 219 of the 2015 Penal Code. ....
Share Former Vietnamese Minister of Transport Dinh La Thang is escorted to the first-instance trial looking into bidding and accounting fraud in the HCMC-Trung Luong Expressway project, a major toll road in southern Vietnam, on Monday. VIETNAM NEWS AGENCY/VIET NAM NEWS Trial opens over HCMC road fraud Tue, 15 December 2020 The People’s Court of Ho Chi Minh City (HCMC) on December 14 opened the first-instance trial looking into bidding and accounting fraud in the HCMC-Trung Luong Expressway project, a major toll road in southern Vietnam. The case involves 20 defendants, including Dinh La Thang, who served as Minister of Transport between August 2011 and February 2016, and Nguyen Hong Truong who was Deputy Minister of Transport from April 2007 to August 2017. ....