Former Carina Plaza management head jailed for 8 years for fatal fire
Nguyen Quoc Tuan, former management head of a Ho Chi Minh City apartment complex, was sentenced to eight years’ imprisonment Friday for his responsibility in a 2018 fire that killed 13 residents.
The Carina Plaza apartment complex in District 8 caught fire on March 23, 2018, killing 13 residents, injuring 72 others and burning nearly 500 motorbikes and 81 cars.
Nguyen Van Tung, former director of Hung Thanh Construction, Trading and Service Co., Ltd., the developer of the complex, received six years and six months in prison.
Both were convicted of violating fire prevention and fighting regulations.
The judges ruled that Tung and Tuan clearly recognized their responsibilities for ensuring the safety of all activities in the apartment building. But, when they learned that the fire protection system was not working, they did not promptly replace or fix it.
In addition, Tung lent pressure compensators from the complex to another building’s management unit to deal with inspections by authorities, further compromising Carina Plaza’s ability to fight the fire that broke out.
The judges determined that in this case, Tuan, as head of the management board – a unit hired by the investor to manage and operate the apartment complex, bore the main responsibility.
“Tuan was aware of the non-functioning fire alarm and fighting system but did not request for it to be repaired or replaced,” they said, adding that leaving all fire doors open was also the responsibility of the management board.
However, the judges also took cognizance of a number of extenuating circumstances including sincere testimony, good family background, remorse and efforts to fix the damage in awarding reduced sentences to the defendants.
Investigators concluded that the fire started at midnight from a scooter in the building’s basement parking lot and spread without any warning as residents slept.
The fire alarms did not go off, the automatic sprinklers in the building failed to deploy and the emergency lights did not come on. All fire doors in the building had also been wedged open with bricks, allowing smoke to billow up to houses, causing most of the deaths.
So far, the developer has paid VND108 billion ($4.45 million) in compensation to the fire victims.
- Read More
Vietnam launches fresh probe into jailed Chinese criminal for wind power fraud
Police in the northern province of Phu Tho have begun investigating a suspected wind power fraud committed by WeiXing, a Chinese national already in jail, for or another crime.
Society - Fri, September 27, 2024 | 7:37 pm GMT+7
Taxing second properties not sufficient to curb speculation: Vietnam deputy finance minister
Taxing second properties and beyond is a practical measure that can curb speculation and cool housing prices, but it would not be sufficient on its own, says Deputy Finance Minister Nguyen Duc Chi.
Real Estate - Fri, September 27, 2024 | 7:05 pm GMT+7
VIS Rating chairman to take over as new head honcho of LPBank Securities
Pham Phu Khoi, currently chairman of Vietnam Investment Credit Rating JSC (VIS Rating), was elected chairman of LPBank Securities (LPBS) at an extraordinary general meeting of shareholders (EGM) on Thursday.
Companies - Fri, September 27, 2024 | 5:40 pm GMT+7
Taiwanese apparel material supplier Paiho raises Vietnam investment to $400 mln
Paihong Vietnam Co. Ltd., under Taiwan-based apparel material firm Paiho, has increased its investment in Binh Duong province, a manufacturing hub in southern Vietnam, to $400 million.
Industries - Fri, September 27, 2024 | 4:26 pm GMT+7
Inspectors unveil undervaluation, other violations in privatization of Tin Nghia Corp
Government inspectors have reported a spate of violations including undervaluation of assets in the equitization process of Dong Nai province-based state-owned Tin Nghia Corporation (now Tin Nghia Corporation JSC).
Economy - Fri, September 27, 2024 | 4:05 pm GMT+7
Health equipment supplier Viet My Hospital incurs heavier loss in H1
Viet My Hospital Investment JSC, a medical equipment provider, incurred VND4.8 billion ($195,120) in net loss in the first half of this year, widening from a loss of VND4.3 billion ($174,800) in the same period last year.
Companies - Fri, September 27, 2024 | 3:08 pm GMT+7
S&P Global revises up Vietnam’s GDP growth to 6.2% in 2024
S&P Global, a U.S.-based market intelligence company, has revised up Vietnam’s GDP growth this year to 6.2%, in its latest “Economic Outlook Emerging Markets Q4 2024” report.
Economy - Fri, September 27, 2024 | 2:01 pm GMT+7
Tremendous opportunity from North-South high-speed rail system: RMIT expert
Vietnam stands at the cusp of a significant transformation with the development of its North-South high-speed railway, which can potentially elevate the country's economic and logistical capabilities, positioning Vietnam as a key player in global logistics, writes Dr Majo George, a senior lecturer of logistics and supply chain management at RMIT University.
Economy - Fri, September 27, 2024 | 11:47 am GMT+7
Foxconn to make Macbook, iPad in Vietnam
Fukang Technology, under Foxconn, will manufacture Macbook and iPad in Vietnam with its existing investment worth VND12.5 trillion ($508 million).
Industries - Fri, September 27, 2024 | 11:46 am GMT+7
Dragon Capital-linked team lowers holding in Vietnam jewelry retailer
A group of funds affiliated with Dragon Capital, among the top foreign-run Vietnam-focused fund management firms, has lowered its combined holding in Phu Nhuan Jewelry JSC (HoSE: PNJ) to 5.9887% from the earlier 6%.
Finance - Fri, September 27, 2024 | 10:01 am GMT+7
VAFIE inks deal to promote Vietnam-Germany trade, investment
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) and German partners on Thursday signed an agreement on cooperation in trade-investment promotion and vocational training.
Companies - Fri, September 27, 2024 | 7:25 am GMT+7
Southern Vietnam province Ben Tre to encroach 50,000 hectares of sea for economic development
The Mekong Delta province of Ben Tre will establish a 50,000-hectare sea encroachment zone in a bid to accelerate its economic development.
Economy - Thu, September 26, 2024 | 11:27 pm GMT+7
Muslim tourists generate over $3.5 billion to Malaysia's tourism industry
Malaysia welcomed 4.5 million Muslim tourists last year, generating RM14.7 billion (over $3.5 billion) in revenue, director-general of the Islamic Tourist Centre (ITC), Nirzan Nordin said on Wednesday.
Southeast Asia - Thu, September 26, 2024 | 8:56 pm GMT+7
Thai government approves support package for EV buyers
The Thai cabinet has approved the allocation of THB7.12 billion ($215 million) from the central reserve budget for emergency and essential purposes to fund a electric vehicle (EV) subsidy programme.
Southeast Asia - Thu, September 26, 2024 | 8:54 pm GMT+7
Indonesia applies for CPTPP membership to boost exports
Indonesia has officially applied to become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost its export growth.
Southeast Asia - Thu, September 26, 2024 | 8:51 pm GMT+7
Thai farm culls 125 crocodiles as flood waters rise
A crocodile farm in Thailand culled 125 of the reptiles for fears that they could escape during ongoing floods and endanger human lives, its owner said on Wednesday.
Southeast Asia - Thu, September 26, 2024 | 8:49 pm GMT+7