Violations

In a document sent to HDI Global inquiring about the firm’s clarification of its purchases of PVI Holdings shares from 2018, the SSC stated that as of January 31, 2019, the German company owned a total of nearly 126.3 million shares, or a 54.65 per cent stake, in PVI Holdings. … [Read more...] about HDI Global SE fined US$8,000 for information disclosure, foreign ownership violations

Nguyen Anh Tuan, representative of PetroVietnam and chairman of the PVI Board, requested keeping key personnel on the board unchanged with eight members until PetroVietnam could successfully divest from PVI. The plan would have helped PetroVietnam to retain control over the PVI Board. … [Read more...] about HDI Global SE, despite alleged violations, dominates PVI with 53.92 per cent stakes

Currently in the local pharmaceuticals market, the main distribution channel is the hospital system where ethical drugs (ETCs) are traded, which account for 70 per cent of the total sales volume, while the rest of the market is covered by over-the-counter (OTC) drugs. As ETC drugs are often more expensive than OTC ones, many companies are willing to break the rules to win tenders. … [Read more...] about Pharma violators in tender fiasco

Hanoi (VNA) – The Prime Minister has given a warning to Tran Ngoc Cang, former Chairman of the People’s Committee of the central province of Quang Ngai, as a disciplinary measure for his serious mistakes and violation of regulations when performing duties. Earlier, the 44th session of the Inspection Commission of the Party Central Committee looked into complaints related to Cang and found he had made serious mistakes and violations of regulations in leading, instructing and implementing the management and use of land, budgetary-financing matters, investment and personnel work, thus causing negative effect on the prestige of the local Party committee and administration to the extent of calling for discipline.   At the 45th session, the Inspection Commission handed down a warning as a disciplinary measure to Cang./. … [Read more...] about Former Chairman of Quang Ngai People’s Committee given warning

“We consider the book business as spreading knowledge, so when [the copyright of] genuine books is violated, we will fight to the end, regardless of who [the violators] are,” First News CEO Nguyen Van Phuoc said at Wednesday morning’s public event. … [Read more...] about Vietnamese publisher sues Lazada over ‘fake books’ sold on platform