ITACO


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Paris Tribunal Judiciaire Issues a Decision Recognizing an Award in Favor of Entrepreneur Dr. Maya Dangelas and Her Companies Against Viet Nam in the First Arbitration Case

Retrieved on: 
Friday, July 8, 2022

Dr. Dangelas, the Chairwoman of Tan Tao Energy Corporation, U.S.

Key Points: 
  • Dr. Dangelas, the Chairwoman of Tan Tao Energy Corporation, U.S.
  • I am calling on all American and other foreign investors to bravely stand up for what is right and fight for their investments that were unjustly stolen.
  • "This award will help to stop government corruption and hold the Socialist Republic of Vietnamaccountable for the misdoings of its then Prime Minister, Nguyen, Tan Dung.
  • Dr. Dangelas holds a doctoral degreein higher education and resides in Houston, Texas.

ITACO Launches Multi-Billion Dollar Arbitration Against Vietnam

Retrieved on: 
Wednesday, July 6, 2022

HOUSTON, July 05, 2022 (GLOBE NEWSWIRE) -- Tan Tao Investment & Industry Corporation ("ITACO"), a public company chaired by Dr. Maya Dangelas, launched a billion-dollar arbitration proceeding against Vietnam under the Agreement between the United States and the Socialist Republic of Vietnam on Trade Relations (the "Treaty") pursuant to the 1976 UNCITRAL Rules (the "Arbitration").

Key Points: 
  • HOUSTON, July 05, 2022 (GLOBE NEWSWIRE) -- Tan Tao Investment & Industry Corporation ("ITACO"), a public company chaired by Dr. Maya Dangelas, launched a billion-dollar arbitration proceeding against Vietnam under the Agreement between the United States and the Socialist Republic of Vietnam on Trade Relations (the "Treaty") pursuant to the 1976 UNCITRAL Rules (the "Arbitration").
  • Dr. Dangelas elaborated:
    "The Arbitration follows from a series of attacks by the then Prime Minister Nguyen Tan Dung and the Vietnamese corrupted system against my companies such as ITACO.
  • ITACO's industrial parks have drawn thousands of foreign investors to Vietnam and transformed many areas of Vietnam by providing jobs and utilities to local citizens.
  • "A billion dollar thermal power plant of Tan Tao Group is about to be 'wiped out'", Dan Tri, 4 October 2017.