Ring leader Luyen Xuan Trang and other defendants at the trial This morning, the People's Court of Binh Thuan province opened a first-instance trial of the defendant 49-year-old Luyen Xuan Trang hailing from the Northern Province of Hung Yen for smuggling petrol and oil at Duong Dong Hoa Phu Company. Trang is the leader of the largest petrol and oil smuggling ring from Singapore to Vietnam’s Binh Thuan Province with a total value of more than VND2,034 billion. According to the police indictment, in September 2015, Luyen Xuan Trang made an agreement with the General Director of Duong Dong Sai Gon Company to receive and transfer 80 percent of shares of Duong Dong Hoa Phu Company for VND430 billion. Because Duong Dong Hoa Phu Company still owes a bank loan, Luyen Xuan Trang receives all assets and liabilities of Duong Dong Hoa Phu Company and is responsible for repaying the loan. Luyen Xuan Trang discussed and agreed with Nguyen Duc Manh that Trang and Manh jointly bought 80 … [Read more...] about Ring leader on trial for smuggling petrol and oil
Celular na leader
NA Standing Committee convenes law-making session
NA Chairman Vuong Dinh Hue speaks at the working session. (Photo: VNA) Hanoi (VNA) – The National Assembly (NA) Standing Committee opened a four-day law-making session in Hanoi on August 15, with 11 draft laws, ordinances and resolutions to be tabled for discussion. The draft laws include the Law on Petroleum (amended), the Law on Domestic Violence Prevention and Control (revised), the Law on Inspection (amended), the Law on Implementation of Democracy at Grassroots Level, and the law amending and supplementing some articles of the Law on Radio Frequencies. They were scrutinised at the third sitting of the legislature which took place last May and June, and are expected to be adopted in the next meeting, slated for October, said NA Chairman Vuong Dinh Hue in his opening remarks. At the working session (Photo: VNA) All of the five bills gained high consensus of legislators at the previous meetings of the NA Standing Committee as well as the third sitting of … [Read more...] about NA Standing Committee convenes law-making session
Bamboo Airways successfully held extraordinary shareholders’ meeting
On August 13 at its headquarters, Bamboo Airways successfully held an extraordinary general shareholders' meeting with the additional election of Le Ba Nguyen, Nguyen Manh Quan, and Doan Huu Doan as members of the Board of Management (BOM) in place of resigned members. At the same time, the BOM approved electing Nguyen Ngoc Trong as chairman of Bamboo Airways’ BOM and Doan Huu Doan to assume the position of executive vice chairman of Bamboo Airways’ BOM and Le Ba Nguyen to assume the position of vice chairman for the 2019-2024 term. Trong has been one of Bamboo Airways’ leaders since its inception and the first deputy general director since 2018. He has held the position of vice chairman of Bamboo Airways since April. Trong holds a Master of Science and Technology, graduated from the Kiev Institute of Civil Aviation Engineers in the former Soviet Union, and received advanced training in professional management in the United States, France, Switzerland, Australia, and Ireland. He … [Read more...] about Bamboo Airways successfully held extraordinary shareholders’ meeting