Vinashin

Two more Vinashin officials charged

The police have prosecuted two former executives of a subsidiary under state-owned Vietnam Shipbuilding Industry Group (Vinashin) for embezzling VND4.5 billion 6 years ago

Vinashin restructuring mired in divestment problems

HANOI – After 17 months of restructuring, the Vietnam Shipbuilding Industry Group, or Vinashin, has still found it desperately mired in problems relating to divestment of paid-in capital under various forms in hundreds of enterprises.

Vinashin executives to appear in court hearing

Former chairman and general director of Viet Nam's insolvent shipbuilder Vinashin, Pham Thanh Binh, and eight other officials are finally facing prosecution, the Supreme People's Procuracy said yesterday.

Vinashin’s executive and 8 accomplices prosecuted

Nguyen Thanh Binh, former chairman and director of Vinashin and his accomplices, have been indicted for causing a total loss of VND910 billion (US$43.3 million) to the state budget

Ministry orders probe into Vinashin corruption

The Ministry of Public Security has asked police in Hai Phong City and 6 provinces to investigate the law-breaking and corruption cases related to state-owned giant shipbuilder Vinashin

Vinashin to build two ships for Norway

The Nam Trieu Shipbuilding Industry Corporation under the Vietnam Shipbuilding Industry Group (Vinashin) on July 12 inked a contract on the building of two ships, each with the capacity to carry 6,900 cars, for the Blystad group of Norway.

Vinashin's Development Bank loan extended

The Government green-lighted a plan that will extend the loan payment period for Viet Nam Shipbuilding Industry Group (Vinashin).

Politburo not to punish government over Vinashin

The Politburo has decided not to punish government members involved in overseeing the state-owned lossmaking Vinashin

Vietnam axes Vinashin steel project with Malaysia

Vietnam has cancelled a US$9.8 billion joint steel project between troubled state shipping company Vinashin and Malaysian steel giant Lion Group

Vietnam axes $9.8 bln Vinashin project with Malay

Vietnam has cancelled a US$9.8 billion joint steel project between troubled state shipping company Vinashin and Malaysian steel giant Lion Group

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From Environment

Nutrious milk smugglers confiscated

THUA THIEN – HUE – Hue City's police turned away a smuggling ring and confiscated 10,000 US's Abbott milk-cans with labels transformed, the town investigative police confirmed with Viet Nam News today.Ton Nu Cam Dung was altering labels of Abbot's Ensure milk at her house with an Cuu Ward's Phan Chu Trinh Street. A lot more than 5,000 cans with yellow labels, 1,600 with blue labels and 500 without label were grabbed.Law enforcement also discovered 50 boxes of milk-cans that contains cans with changed

No funds to evacuate landslide areas

HCM CITY — The dearth of enormous sums of cash to maneuver citizens from landslide – and natural disaster-prone areas causes it to be hard for local government bodies to satisfy the Government's target.Families residing in 100s of landslide-prone areas and 60 river valleys threatened by surges were set to become gone to live in safe areas and assisted with moving, based on the Secretary of state for Agriculture and Rural Development.Pham Khanh Ly, deputy director from the ministry's Department of