High-ranking officials commit 'serious' wind power, gasoline supply violations

By Thai Ha
Wed, December 20, 2023 | 8:48 pm GMT+7

Head of the Central Economic Commission Tran Tuan Anh, former Deputy Prime Minister Trinh Dinh Dung and many other high-ranking officials are responsible for violations related to wind power and gasoline supplies, according to the Central Inspection Committee.

The Ministry of Industry and Trade's Party leaders violated the principle of democratic centralism and working regulations; lacked responsibility and showed loose leadership, allowing the ministry, many organizations and individuals to seriously breach Party regulations and State laws, the committee stated in a Wednesday release.

The violations are related to their advice on and promulgating mechanisms for developing solar power and wind power; implementing the adjusted Power Development Plan VII; advice on and promulgating gasoline business mechanisms, supply management and licensing and the use of the Price Stabilization Fund; organizing, appraising and approving bids, and projects/contract packages implemented by AIC Company. Many officials and Party members involved were disciplined or handled as criminals.

Many top Party leaders and officials of the trade ministry in the terms 2016-2021 and 2021-2026 are responsible for the above violations, said the release.

From left: Do Thang Hai, Tran Tuan Anh, Hoang Quoc Vuong. Photo courtesy of Ministry of Industry and Trade.

From left: Do Thang Hai, Tran Tuan Anh, Hoang Quoc Vuong. Photo courtesy of Ministry of Industry and Trade.

Tran Tuan Anh, a Politburo member, head of the Central Economic Commission, former chief of the trade ministry's Party Committee and former Minister of Industry and Trade was named among those responsible for the violations.

Others included Do Thang Hai, a ministerial Party Committee member and Deputy Minister of Industry and Trade; Hoang Quoc Vuong, former chief of state-run Petrovietnam's Party Committee, former chairman of the group, and former Deputy Minister of Industry and Trade.

Other trade ministry officials on the list are Nguyen Anh Tuan, director of organization- personnel affairs; Tran Huu Linh, head of market management; Hoang Tien Dung, director of the electricity and renewable energy authority; Tran Duy Dong, director of import and export; Phuong Hoang Kim, director of energy saving and sustainable development; Dang Huy Cuong, a board member of Vietnam Electricity (EVN) and former director of the general department of energy; Ly Quoc Hung, director of science and technology; and Vo Van Quyen, former director of the domestic market department.

The Central Inspection Committee also named Trinh Dinh Dung, a former Party Central Committee member and Deputy Prime Minister; Mai Tien Dung, a former Party Central Committee member, Minister, head of the Government Office; Duong Quang Thanh, former chief of EVN's Party Committee and chairman of the group; Tran Dinh Nhan, former EVN general director; and Nguyen Danh Son, director of Electricity Trading Company.

"The above violations have caused serious consequences that are difficult to remedy, leading to the risk of huge damage to the state's money and assets and a waste of social resources; caused bad public opinion that negatively affected the reputation of State management agencies and Party organizations to the extent that they should be disciplined," stated the committee.

It requested the trade ministry's Party Committee and Party organizations in a number of ministries, branches, localities and units involved to handle violations and report the outcomes.

The committee said it will continue handling other Party organizations and Party members in localities and units that committed violations related to renewable energy projects.

Comments (0)
  • Read More
Vietnam a promising market for supply chain diversification, risk mitigation: German association AHK

Vietnam a promising market for supply chain diversification, risk mitigation: German association AHK

German businesses see significant growth potential in Vietnam's promising market, especially when the country’s focus on renewable energy and sustainability aligns with Germany’s strengths in green technologies.

Economy - Wed, December 11, 2024 | 5:57 pm GMT+7

Philippines expected to import record rice volume

Philippines expected to import record rice volume

Despite record production and ample stocks, the Philippines is expected to import a record volume of rice in the 2024-2025 crop year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.

Southeast Asia - Wed, December 11, 2024 | 4:23 pm GMT+7

Vietnam's auto sales up 17% to 308,544 in Jan-Nov

Vietnam's auto sales up 17% to 308,544 in Jan-Nov

Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 308,544 units in the first 11 months of 2024, up 17% year-on-year.

Companies - Wed, December 11, 2024 | 3:46 pm GMT+7

Indonesia's economic growth projected below 5.2%

Indonesia's economic growth projected below 5.2%

Indonesia’s Finance Minister Sri Mulyani Indrawati has forecast a growth rate of 5.01% for the country’s economy in the fourth quarter of 2024.

Southeast Asia - Wed, December 11, 2024 | 3:37 pm GMT+7

Bamboo Capital, Foxlink, Micro Electricity partner to establish comprehensive renewable energy ecosystem in ASEAN

Bamboo Capital, Foxlink, Micro Electricity partner to establish comprehensive renewable energy ecosystem in ASEAN

Vietnam's Bamboo Capital Group and Taiwanese firms Foxlink and Micro Electricity on Monday signed a strategic cooperation agreement to advance renewable energy technologies and solutions.

Bamboo Capital - Wed, December 11, 2024 | 3:35 pm GMT+7

Vietnamese lender OceanBank's name changed, leadership reshuffled

Vietnamese lender OceanBank's name changed, leadership reshuffled

OceanBank will have its name changed to Modern Vietnam Commercial Joint Stock Bank (MBV) from December 18, aiming to become "a sustainable, safe and modern bank".

Banking - Wed, December 11, 2024 | 2:43 pm GMT+7

Private equity to enhance Vietnam stock market quality: VinaCapital exec

Private equity to enhance Vietnam stock market quality: VinaCapital exec

Private equity plays a crucial role in boosting the quality of Vietnam's stock market, especially after its anticipated status upgrade, says Nguyen Thi Dieu Phuong, deputy CEO of fund manager VinaCapital.

Economy - Wed, December 11, 2024 | 12:10 pm GMT+7

Japan valve producer Kitz launches $25 mln factory in Vietnam

Japan valve producer Kitz launches $25 mln factory in Vietnam

Japan’s valve producer Kitz on Tuesday inaugurated a $25 million factory in the northern province of Vinh Phuc, its first plant in Vietnam.

Industries - Wed, December 11, 2024 | 11:39 am GMT+7

Propery sales in HCMC double in Nov on slight supply hike

Propery sales in HCMC double in Nov on slight supply hike

Primary property sales in Ho Chi Minh City, Vietnam’s southern metropolis, reached 2,022 units in November, double that of the same month last year, according to a report by DKRA Consulting.

Real Estate - Wed, December 11, 2024 | 11:28 am GMT+7

ADB raises Vietnam GDP growth prediction to 6.4% in 2024, 6.6% in 2025

ADB raises Vietnam GDP growth prediction to 6.4% in 2024, 6.6% in 2025

The Asian Development Bank (ADB) has revised up Vietnam’s GDP growth to 6.4% in 2024 and 6.6% in 2025, according to the December edition of its Asian Development Outlook (ADO).

Economy - Wed, December 11, 2024 | 9:37 am GMT+7

Vietnam increasingly important to US semiconductor industry: exec

Vietnam increasingly important to US semiconductor industry: exec

Vietnam is becoming increasingly important to the U.S. semiconductor industry and plays a crucial role in the strategy of the U.S. Semiconductor Industry Association's (SIA) member companies, says the association’s chairman John Neuffer.

Economy - Wed, December 11, 2024 | 8:51 am GMT+7

Vietnam an extremely attractive investment destination: KKR

Vietnam an extremely attractive investment destination: KKR

David Petraeus, a partner at leading global investment firm KKR, says political stability, rapidly improving infrastructure, and friendly relations with other countries make Vietnam an extremely attractive investment destination.

Economy - Wed, December 11, 2024 | 8:20 am GMT+7

Thai soup 'Tom yum kung' becomes new UNESCO intangible cultural heritage

Thai soup 'Tom yum kung' becomes new UNESCO intangible cultural heritage

"Tom yum kung", the iconic spicy and sour Thai prawn soup, has officially been inscribed on the UNESCO representative list of the Intangible Cultural Heritage of Humanity.

Southeast Asia - Tue, December 10, 2024 | 6:48 pm GMT+7

Thailand steps up crackdown on cheap imports

Thailand steps up crackdown on cheap imports

Thailand has recorded a decrease of 20% in low-quality imports, mainly from China, since restrictions on cheap imports that hurt business in Southeast Asia's second-largest economy were imposed, government spokesperson Sasikarn Wattanachan said on Monday.

Southeast Asia - Tue, December 10, 2024 | 6:46 pm GMT+7

Indonesia’s national rice stock at 8 mln tons by year-end

Indonesia’s national rice stock at 8 mln tons by year-end

Indonesia's Coordinating Minister for Food Zulkifli Hasan said on Monday that the national rice stock has reached eight million tons by the end of 2024, so there will be no need for additional imports, including for next year.

Southeast Asia - Tue, December 10, 2024 | 6:43 pm GMT+7

Indonesia boosts trade cooperation with EU

Indonesia boosts trade cooperation with EU

Indonesia's Ministry of Investment and Downstreaming plans to establish an European Union (EU) desk to enhance trade cooperation with the bloc, said Minister Rosan Roeslani, who is also head of the Investment Coordinating Board (BKPM).

Southeast Asia - Tue, December 10, 2024 | 6:38 pm GMT+7