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Update news Vietnam Shipbuilding Industry Group
The High-level People’s Court in Hanoi yesterday 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 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 yesterday.
VietNamNet Bridge – The ship model test basin, once expected to be the largest one in Asia, and one of the biggest technology projects developed by Vinashin, has been shelved because of tmmismanagement.