Prime Minister Nguyen Tan Dung admitted his responsibility in Vinashin’s downfall, while pledging to make public the violations of cabinet members who played a role in the case.

The government will inspect the responsibility in the downfall of Vinashin (Vietnam Shipbuilding Industry Group) and then release that information to the public. The PM stated the information as a response to Deputy Vu Hoang Ha from Binh Dinh Province and Nguyen Thi Bach Mai from Tay Ninh Province during a National Assebly Q&A session on November 24.

The two deputies pointed out that the PM had acknowledged his responsibility, yet ministers denied their roles in the Vinashin case and they wanted answers as to how the PM would do to deal with the situation.

The PM noted all violations must be handled in line with the law, affirming that, “It is groundless to say that I will not reprimand any one.”

Deputy Pham Thi Loan, from Hanoi, questioned the PM about the debt payment possibility of Vinashin. She noted that Vinashin has to pay VND15 trillion (USD750 million) each year and 15 years later, the group’s total debt will be between VND160 trillion (USD8 billion) and VND170 trillion (USD8.5 billion).

The PM said the Vinashin restructuring plan is very feasible, but it needs great efforts from the group and support from ministries, agencies and people for success.

Regarding the debt settlement possibility, the PM said Vinashin could be willing to detail it, and for his part, he would not talk about specific time frames for the payment and how much will be paid annually.

Answering a question from Deputy Nguyen Minh Thuyet of Lang Son Province about signing decision to appoint Pham Thanh Binh as CEO of Vinashin, PM Dung said two former prime ministers, Vo Van Kiet and Phan Van Khai, selected Binh for the position.

Dung elaborated that when Vinashin was turned into a group, he asked concerned agencies to find a new general director for Vinashin, but they said that they could not find anyone suitable and then proposed appointing Binh until a general director could be found.

“We will review this and will clarify the responsibility of concerned agencies,” the PM said, pledging to carry out the Vinashin restructure plan.

Deupty Loan also made an inquiry to the PM about PetroVietnam ,which is investing massively in non-core businesses.

PM Dung said the government will not restructure all economic groups, except for Vinashin, and will try to prevent cases like Vinashin from reoccurring again. According to reports from concerned agencies, PetroVietnam is still operating well and the PM has instructed it to limit its non-core investments.

Source: Dtinews