PetroVietnam reports 2 new oil, gas discoveries to prime minister
The recent findings mark the first instance of two oil discoveries within Vietnamese territory in a single year over the past five years
The recent findings mark the first instance of two oil discoveries within Vietnamese territory in a single year over the past five years
Dinh La Thang is expected to be indicted for serious errors at the Petrochemical and Bio-Fuel JSC
Thang is already serving two jail terms totaling 31 years on other charges
The state-run giant will streamline its structure and divest from a number of subsidiaries from now to 2025
Dinh La Thang was previously sentenced to 13 years in prison in a separate case
Trinh Xuan Thanh has already been sentenced to life in prison for property fraud while at PetroVietnam Construction Corporation
Dinh La Thang was sentenced to 13 years in prison for deliberately violating state regulations
The investigation result has been submitted to the Supreme People’s Procuracy for the next step of the legal proceedings
A PetroVietnam board member is being investigated over losses totaling VND800 billion (US$35.2 million)
He was a senior official at scandal-hit PetroVietnam (PVN)