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Update news VEAM
Deputy head of automobile factory arrested for embezzlement
Ministry of Public Security investigators have detained Nguyen Duc Toan, deputy general director of Vietnam Engine and Agricultural Machinery (VEAM) Corporation’s VEAM Motor Factory, on the charge of embezzlement.
VEAM reports massive stock of unsold trucks
The country’s largest engine and machinery producer Vietnam Engine and Agricultural Machinery Corporation (VEAM) risks massive loss due to a large stock of unsold trucks built up since before 2017.
Officials prosecuted for State property misuse
The Ministry of Public Security has started criminal proceedings against Tran Ngoc Ha, former president of the managing board and general director of the Vietnam Engine and Agricultural Machinery Corporation (VEAM)
Vietnam considers sending jobless university grads abroad as guest workers
VietNamNet Bridge - The Ministry of Labor, War Invalids and Social Affairs (MOLISA) is trying to create jobs for hundreds of thousands of unemployed university graduates in a project to export laborers.
Vietnamese company earns hundreds of million of USD from foreign auto empires
VietNamNet Bridge – Contributing VND558 billion (nearly $30 million) to Honda, Toyota or Ford Vietnam many years ago, VEAM still earn hundreds of million of USD of profit each year
