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Search Results: 545 results for keyword "Petrovietnam".
Appeal court upholds 18 years of imprisonment for Dinh La Thang
26-06-2018 18:00
This afternoon, the court refused Dinh La Thang’s appeal, upholding the penalty of 18 years of imprisonment and VND600 billion ($26.4 million) of compensation.
PV Power to sell state stake in single bulk to strategic investors
25-06-2018 17:44
Vietnam’s second largest electricity producer, PetroVietnam Power Corporation (PV Power) plans to divest the state-owned stake by putting the shares on sale on the stock exchange in a single bulk.
Four former leaders of PetroVietnam subsidiaries to be prosecuted
22-06-2018 15:13
Four former leaders of Vietnam National Oil and Gas Group (PetroVietnam) subsidiaries have just been prosecuted for “abuse of powers or position for appropriation of property” under Article 355 of the 2015 Criminal Code.
Former chairman of PVTex guilty of bribery
14-06-2018 08:00
After receiving a gift of shares worth VND3 billion, former chairman of PetroVietnam Petrochemical and Textile Fiber JSC (PVTex) has assigned a contractor without organising a bidding.
Dinh La Thang appeal trial to being on June 19
13-06-2018 00:05
In the appeal letter submitted to the court, Dinh La Thang appealed against the entire first instance verdict in the case of PetroVietnam Construction Corporation (PVC) contributing VND800 billion ($35.2 million) to OceanBank and requested the court to reconsider the charges, penalties, and civil liability.
Soai Rap Petroleum Service Industrial Zone to be revoked
04-06-2018 14:58
PetroVietnam Construction Joint Stock Corporation (PVC) will have its Soai Rap Petroleum Service Industrial Zone revoked due to operation inefficiencies and low occupancy rates.
Arrest warrant on former PVTex general director
01-06-2018 14:57
The Ministry of Public Security (MoPS) has just issued an arrest warrant on Vu Dinh Duy, former general director of PetroVietnam Petrochemical and Textile Fiber JSC (PVTex).
Massive divestments to leave only three state-owned groups by 2020
31-05-2018 10:41
The equitisation of state-owned enterprises (SOEs) along with the divestment of state capital is an exciting opportunity for domestic and foreign investors to set foot in major fields of the Vietnamese economy.
SCG makes final acquisition in Long Son Petrochemical Complex
29-05-2018 22:35
Leading ASEAN industrial conglomerate SCG has reached an agreement to buy PetroVietnam's 29 per cent in the long-delayed Long Son Petrochemical Complex, leaving it king of the hill.
NA report shows SOEs debts in the quadrillions
29-05-2018 13:59
The report of the supervision board of state-owned enterprises (SOEs) shows that the public sector owed VND1.6 quadrillion (nearly $73 billion) between 2011 and 2016.
Procuracy sees no evidence to reduce penalty for Dinh La Thang
10-05-2018 17:24
Today (May 10), the Supreme People’s Procuracy proposed upholding the first instance sentence of 13 years of imprisonment given to Dinh La Thang.
PV Power proposes 65 UScents of starting price for strategic share sale
10-05-2018 13:40
Vietnam’s second largest electricity producer, PetroVietnam Power Corporation (PV Power) has submitted to PetroVietnam, which holds a majority stake in PV Power, the starting price of VND14,900 ($0.65) for its auction of 676 million shares to strategic investors.
Appeal court gives out death and life sentences in OceanBank case
05-05-2018 12:00
The appeal trial upheld almost the entire first verdict, sentencing Nguyen Xuan Son to death, and Ha Van Tham to life imprisonment, identifying them as the masterminds behind the scheme that cost VND1 trillion ($44 million) to OceanBank.
Supreme Court to begin appeal hearing of PetroVietnam case
29-04-2018 12:59
In the appeal letter submitted to the court, Trinh Xuan Thanh claimed he did not commit the crimes he was convicted of in the first instance and Dinh La Thang claimed the verdict was neither fair nor objective.
PV Power to take over Nhon Trach 3 and 4 thermal power plants
26-04-2018 12:04
PetroVietnam Power Corporation (PV Power), Vietnam’s second largest electricity producer, will replace PetroVietnam as the investor of Nhon Trach 3 and 4 thermal power plants located in Ong Keo Industrial Zone (IZ) in the southern province of Dong Nai.
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