A prison sentence of six to seven years was proposed for former Deputy Minister of Industry and Trade Hoang Quoc Vuong for "abusing position and power while performing duties" in a solar power case.
The Ministry of Public Security's Investigation Security Agency has recently issued a supplemental investigation conclusion regarding the case of abusing position and power while performing official duties; lacking responsibility causing serious consequences involving the Ministry of Industry and Trade (MoIT) and some cities and provinces.
The Ministry of Public Security's Investigation Security Agency has proposed the prosecution of former Deputy Minister of Industry and Trade Hoang Quoc Vuong for “abusing position and power while performing duties”.
General Director of the Vietnam Oil and Gas Group (Petrovietnam) Le Manh Hung has highlighted the crucial role of the service sector, one of the five principal areas of the group, in its production and business activities and development.
Prime Minister Nguyen Xuan Phuc has recently decided to appoint Deputy Minister of Industry and Trade Hoang Quoc Vuong as the new Chairman of the Vietnam National Oil and Gas Group (PetroVietnam).
As the country’s total power output will expand by 80,000 MW by 2030, while large sources are located far from centres, it is necessary to develop sufficient power transmission grid to ensure stable operation of the whole system, according to Deputy Minister of Industry and Trade Hoang Quoc Vuong.
As private investment can play a significant role in increasing local power supply, experts have worked to find better mechanisms and policies to solve problems that have discouraged investment in the sector.
The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), was among the top 50 Vietnamese firms receiving the 2019 sustainable energy award.
Vietnam and Hungary have agreed to boost comprehensive collaboration across politics, economy-trade, science-technology, culture, tourism, finance, agriculture, and security-defence to mark the 70th anniversary of bilateral diplomatic relations (February 1950-2020).
Vietnam, as an active ASEAN member and the first nation to sign a free trade agreement with the Eurasian Economic Union (EAEU), is willing to work as a bridge to help the EAEU and Russia to expand trade and investment ties with the ASEAN, a Vietnamese trade official said.
The “Meeting with Partners from Europe 2019” programme was held in Hanoi on March 4 as part of the Ministry of Industry and Trade’s efforts to promote trade and investment between Vietnamese businesses and European partners.
Vietnam needs to change the mindset on and approach to energy strategy, while considering energy saving in production and consumption as a must instead of a choice, said an expert.
The Ministry of Industry and Trade (MoIT) has formed a Steering Committee to tackle problems of a number of projects and enterprises showing ineffectiveness and lagging behind.
