AIC chairwoman wanted for medical equipment scam
Nguyen Thi Thanh Nhan, chairwoman of Advanced International JSC (AIC), is wanted for further investigation over a medical equipment bidding scam at Dong Nai General Hospital.
Nhan, 53, is wanted under a decision issued by the Ministry of Public Security’s investigative agency on May 10. She was identified as having absconded since June 19, 2021.
"Everyone has the right to arrest and immediately bring a wanted person to the nearest police station, procuracy or people's committee," the decision stated.

Nguyen Thi Thanh Nhan, chairwoman of AIC. Photo courtesy of the group.
Previously, on April 29, Nhan and Phan Huy Anh Vu, Director of Dong Nai province’s Department of Health, were prosecuted for "violations of regulations on bidding, causing serious consequences".
On similar charges, the police detained seven other people, including Hoang Thi Thuy Nga, former deputy general director of AIC.
The amended Dong Nai General Hospital investment project was approved by the provincial People's Committee, with a total investment capital of VND1,904 billion ($82.43 million) and the hospital as investor.
According to the investigative police, there were violations in the process of making project adjustment documents and bidding documents for 12 medical equipment procurement bidding packages in the period 2013-2015.
Staff of the investor; AIC; the consulting unit for project formulation, bidding document preparation, and bid evaluation; and the price appraisal unit "colluded to inflate the price" so that AIC won 12 bidding packages with a total value of $20.77 million. The act “caused damage to state assets”, estimated at about $6.58 million.
AIC was established in 2005, specializing in labor export. The company has grown into multi-sector AIC Group, with more than 10 member companies and an annual revenue of trillions of Vietnamese dong (VND1 trillion = $43.29 million).
In recent years, AIC Group has won many bidding packages to supply equipment in the fields of healthcare and education across the country.
- Read More
Int’l organizations lower Indonesia’s 2025 economic growth forecast
Several international organizations in April revised their economic growth forecasts for Indonesia, reflecting concerns over escalating global trade tensions and domestic fiscal challenges.
Southeast Asia - Tue, April 29, 2025 | 2:30 pm GMT+7
Indonesia eyes more partnership with Vietnam in Halal-certified production, cosmetics
Indonesia, a Muslim-majority country, is eager to share its expertise in Halal standards and looks forward to collaborating with Vietnam in sectors such as food processing, cosmetics, tourism, and Halal financial services, said Agustaviano Sofjan, consul general of Indonesia in Ho Chi Minh City.
Companies - Tue, April 29, 2025 | 1:34 pm GMT+7
MSG producer Vedan Vietnam’s 2024 revenue drops 4% to $166 mln
Food seasoning maker Vedan recorded a revenue of $166 million in Vietnam last year, down 4% year-on-year, according to the 2024 performance review of the Taiwan-headquartered firm.
Companies - Tue, April 29, 2025 | 11:45 am GMT+7
Vietnam, Japan firms sign deals to develop innovation cooperation ecosystem
Businesses from Vietnam and Japan signed numerous MoUs aimed at developing a cooperation ecosystem in innovation and high-tech industries on the sidelines of a forum in Hanoi on Monday.
Economy - Tue, April 29, 2025 | 11:31 am GMT+7
Vietnam’s VPBank targets 35% annual credit growth over next 5 years
Vietnam’s leading private lender VPBank expects to post annual credit growth of 35% over the next five years after taking over weaker lender GPBank, said VPBank chairman Ngo Chi Dung.
Banking - Tue, April 29, 2025 | 8:17 am GMT+7
Japan seeks to implement 15 energy projects worth over $20 bln in Vietnam
Japan wants to execute 15 projects worth over $20 billion in Vietnam's energy transition field, said Prime Minister Ishiba Shigeru.
Economy - Mon, April 28, 2025 | 11:07 pm GMT+7
Malaysia highlights roles of ASEAN, BRICS in regional cooperation
Malaysian Foreign Minister Mohamad Hasan is scheduled to deliver a speech at a dedicated session themed “The Role of the Global South in Reinforcing Multilateralism,” held as part of the BRICS Ministers of Foreign Affairs Meeting in Rio de Janeiro, Brazil, from April 28-29.
Southeast Asia - Mon, April 28, 2025 | 10:10 pm GMT+7
Singapore negotiates for US concessions on pharmaceuticals, chips
Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Singaporean Trade and Deputy Prime Minister Gan Kim Yong.
Southeast Asia - Mon, April 28, 2025 | 10:03 pm GMT+7
Vietnam’s leading IP builder Idico applies for major bourse listing, targets $100 mln pre-tax profit
Idico Corporation, a major industrial park developer in Vietnam, has applied for listing its shares on the Ho Chi Minh Stock Exchange (HoSE) and kept its 2025 business plan unchanged with a pre-tax profit target of VND2.6 trillion ($100 million).
Companies - Mon, April 28, 2025 | 9:53 pm GMT+7
Property giant Sun Group commences work on $1.35 bln spiritual tourism complex in central Vietnam
Sun Group, Vietnam's leading real estate developer, on Saturday broke ground on its Am Tien spiritual and historical tourism complex project in the central province of Thanh Hoa.
Real Estate - Mon, April 28, 2025 | 9:30 pm GMT+7
Vietnam's SHB bank records 'fastest growth in customer satisfaction' for 2 straight years
In the Bank Satisfaction Rankings 2025, Saigon-Hanoi Bank (SHB) not only makes it to the top 10 but also stands out as the bank with fastest growth in customer satisfaction for two consecutive years.
Companies - Mon, April 28, 2025 | 4:19 pm GMT+7
India's KCP Limited to inject extra $60 mln into sugar, biomass power plants in south-central Vietnam
Indian-invested KCP Vietnam Industries Limited has proposed raising the capacity of its Son Hoa sugar plant to 15,000 tons of sugarcane per day and deploying the 45 MW second phase of its 75 MW KCP Phu Yen biomass power plant, both in Phu Yen province.
Industries - Mon, April 28, 2025 | 3:35 pm GMT+7
Central Vietnam hub Danang eyes country's 'first urban complex on the sea'
The central city of Danang is studying an urban complex project on Da Nang Bay, with five floating islands - home to an international service, commercial and financial center complex.
Real Estate - Mon, April 28, 2025 | 1:49 pm GMT+7
Private equity firm Creador acquires 13% of Vietnam’s Long Chau pharmacy chain
Creador Sdn. Bhd., a private equity firm headquartered in Malaysia, has acquired a 13% stake in FPT Long Chau Investment JSC, one of Vietnam’s largest pharmacy chains and a subsidiary of retail major FPT Retail.
Companies - Mon, April 28, 2025 | 12:00 pm GMT+7
Major Vietnamese contractor Hoa Binh to raise $133 mln for bank, supplier payments
Hoa Binh Construction Group, one of Vietnam's top contractors, plans a private placement for up to 347 million shares, with an estimated total value of VND3.47 trillion ($133.4 million).
Companies - Mon, April 28, 2025 | 11:51 am GMT+7
Chocolate Alluvia celebrates Vietnam's Reunification Day with 4 HCMC stores to watch the parade
Xuan Ron Cho Gao Cocoa Co., Ltd., the maker of Alluvia Chocolate from Tien Giang province, is joining the celebration of Vietnam’s Reunification Day - April 30, with four stores favorably positioned around Nguyen Hue and Le Loi walking streets in District 1, Ho Chi Minh City.
Travel - Mon, April 28, 2025 | 8:57 am GMT+7