Vietnam's steel giant seeks to develop $3.8 billion complex: report

0 vote(s)Comment

Báo Thanh Niên English 14 month(s) ago

Hoa Sen Group, one of Vietnam's biggest steelmakers, reportedly plans to spend US$3.8 billion on a long-abandoned steel mill complex in the central province of Ninh Thuan.

Keywords: 

4 face charges for embezzling $16 million at state-owned shipping firm

0 vote(s)Comment

Báo Thanh Niên English 14 month(s) ago

4 face charges for embezzling $16 million at state-owned shipping firm

The Ministry of Public Security on Friday 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.

Keywords: 

Vietnam may have new agency to manage state enterprises

0 vote(s)Comment

Báo Thanh Niên English 15 month(s) ago

Vietnam may have new agency to manage state enterprises

The Vietnamese government is considering setting up a new agency to manage state-owned enterprises more effectively, but some economists have questioned the necessity of such a plan.

Keywords: 

Cai Lan steel and power complex teetering on the brink of death

0 vote(s)Comment

Báo Đầu Tư English 16 month(s) ago

Cai Lan steel and power complex teetering on the brink of death

Despite having been hailed as the hope of Vietnam’s shipbuilding industry, the Cai Lan complex of a VND2.5 trillion ($112.09 million) hot-rolled steel and a VND900 billion ($40.4 million) power plant has yet to see a bright future, after its operation was delayed for six years, according to newswire Tienphong.vn.

Keywords: 

Vinashin ghost fleet becomes unsolvable Ha Long Bay problem

0 vote(s)Comment

Báo Dân Trí English 17 month(s) ago

Vinashin ghost fleet becomes unsolvable Ha Long Bay problem

Authorities in Ha Long City are facing troubles as a fleet of nine tugs and three barges built by the troubled state-owned Vietnam Shipbuilding Industry Group (Vinashin) have been left unused for years and now pose an environmental threat to Ha Long Bay.

Keywords: 

Experts pessimistic about Vietnam-Russia submarine production

0 vote(s)Comment

VietnamNet English 18 month(s) ago 1 related news

Experts pessimistic about Vietnam-Russia submarine production

VietNamNet Bridge - Building submarines is beyond Vietnam’s capacity as Vietnamese engineers now can only build midrange ships, torpedo boats and some other models, experts say.

Keywords: 

When buying high and selling low makes sense

0 vote(s)Comment

Báo Dân Trí English 19 month(s) ago

When buying high and selling low makes sense

Even though the Vinalines and Vinashin cases have ended and the guilty sentenced, the scandal continues to play out.

Keywords: 

Vietnam struggles with $107mln steel complex in wake of shipbuilding scandal

0 vote(s)Comment

Báo Thanh Niên English 19 month(s) ago

Vietnam struggles with $107mln steel complex in wake of shipbuilding scandal

Three years after state-owned shipbuilding giant Vinashin was restructured amid corruption scandals, Vietnam's government still struggles to deal with a string of its dormant projects around the country.

Keywords: 

Netherlands' Damen eyes Vietnamese shipbuilder: report

0 vote(s)Comment

Báo Thanh Niên English 20 month(s) ago

Netherlands' Damen eyes Vietnamese shipbuilder: report

A file photo of Song Cam shipyard in the northern city of Hai Phong. Photo credit: Giao Thong

Keywords: 

PM approves sale of 70% of Damen Song Cam Shipyard

0 vote(s)Comment

Báo Đầu Tư English 20 month(s) ago 2 duplicate news

PM approves sale of 70% of Damen Song Cam Shipyard

Prime Minister Nguyen Tan Dung accepted the proposal of the Shipbuilding Industry Corporation (SBIC) to sell 70 per cent of Damen Song Cam Shipyard to the Netherlands' Damen Shipyards Group.

Keywords: 

Vietnam seeks new investors for empty industrial park

0 vote(s)Comment

Báo Thanh Niên English 20 month(s) ago

Vietnam seeks new investors for empty industrial park

A graphic image of Soai Rap Industrial Park in the Mekong Delta province of Tien Giang. Photo: VNA

Keywords: 

NA deputies oppose proposal to demolish old imported ships in Vietnam

0 vote(s)Comment

VietnamNet English 22 month(s) ago

NA deputies oppose proposal to demolish old imported ships in Vietnam

VietNamNet Bridge - The National Assembly (NA) deputies’ rejection of the proposal on allowing businesses to import old ships for demolishment in Vietnam indicates they see bad intentions behind the proposal.

Keywords: 

Ministry, economists disagree on using ODA for support industries

0 vote(s)Comment

VietnamNet English 23 month(s) ago

Ministry, economists disagree on using ODA for support industries

VietNamNet Bridge - The Ministry of Planning and Investment (MPI) has said that the official development assistance (ODA) is reserved for investment and development, not for commercial purposes. Economists say that ODA is not a ‘magic wand’ for support industries.

Keywords: 

Former Vinashin official arrested in embezzlement scandal

0 vote(s)Comment

VietnamNet English 23 month(s) ago 3 related news

Former Vinashin official arrested in embezzlement scandal

Another former Vinashin official was arrested yesterday in the state-owned group's embezzlement scandal, raising the number of persons arrested to 10.

Keywords: 

Ex-chief accountant at Vietnam shipbuilding corporation subsidiary held on embezzlement charges

0 vote(s)Comment

Báo Tuổi Trẻ English 23 month(s) ago 1 related news

Ex-chief accountant at Vietnam shipbuilding corporation subsidiary held on embezzlement charges

The former chief accountant at a subsidiary of Vietnam’s state-owned shipbuilding giant Vinashin has been detained on embezzlement charges in a US$18.6mn corruption case that was uncovered in 2010, investigators said on Tuesday.

Keywords: 

Top page