Deputy director of Land Resources Development and Planning Agency arrested

By Thai Ha
Wed, May 29, 2024 | 4:12 pm GMT+7

Doan Ngoc Phuong, deputy director of the Land Resources Development and Planning Agency under the Ministry of Natural Resources and Environment, was arrested on Tuesday for receiving bribes in a scam that occurred at state-controlled Vietnam Rubber Industry Group.

The Ministry of Public Security’s investigative agency (C03) has initiated criminal proceedings against Phuong, also chairman of the Council for Valuing Assets in Criminal Proceedings, for receiving bribes per the Penal Code.

C03 has also launched criminal proceedings against Cao Dai Nghia, deputy head of the land price division of the Land Resources Development and Planning Agency, and Khuong Thanh Tung, director of Thang Long Price Appraisal and Valuation JSC, for "abusing positions and power while on duty".

From left: Cao Dai Nghia, Doan Ngoc Phuong and Khuong Thanh Tung. Photo courtesy of the police.

From left: Cao Dai Nghia, Doan Ngoc Phuong and Khuong Thanh Tung. Photo courtesy of the police.

This is part of an expanded investigation into the case of “violating regulations on management and use of State assets, causing loss and waste" that occurred at Vietnam Rubber Group, Dong Nai Rubber Company, Ba Ria Rubber Company and other units related to the 39-39B Ben Van Don real estate project in Ward 12, District 4, Ho Chi Minh City.

Nghia is a standing member of the Council for Valuing Assets in Criminal Proceedings and head of the team assisting the council. He is currently a defendant in the case that occurred at Phuc Son Group.

Six days ago, Le Quang Thung, former general director, acting chairman of the board of directors at Vietnam Rubber Group; and Huynh Trung Truc, former deputy general director of the group, were arrested by C03 for "violating regulations on management and use of State assets, causing loss and waste".

Arrested on the same charges was Pham Van Thanh, former head of the investment planning department under the Land Resources Development and Planning Agency; Nguyen Thi Gai, former general director of Dong Nai Rubber Company; Nguyen Cong Tai, former board chairman of Ba Ria Rubber Company; and Nguyen Trong Canh, former deputy general director of the company.

Le Y Linh, former director of Viet Tin General Trading Company Limited, and Dang Phuoc Dua, former board chairman of Viet Trust Investment-Trading Corporation, were also detained.

Comments (0)
  • Read More
Buyer secures Sunshine Group’s Hanoi shophouse at 15% lower than market price via livestream

Buyer secures Sunshine Group’s Hanoi shophouse at 15% lower than market price via livestream

A buyer successfully secured a shophouse at property major Sunshine Group’s Noble Palace Tay Thang Long project in Hanoi for VND11 billion ($421,295), VND2.5 billion or 15% below market value, during a bidding livestream on the NobleGo platform held last Friday evening.

Companies - Mon, July 14, 2025 | 1:37 pm GMT+7

Vietnam’s major rice exporter Vinafood 1 tasked with developing mega agri-logistics hub

Vietnam’s major rice exporter Vinafood 1 tasked with developing mega agri-logistics hub

Vinafood 1, Vietnam's top rice exporter, has been asked to develop an integrated hub for agricultural trade, logistics, warehousing, exports, customs, banking, irradiation, and research and development activities.

Industries - Mon, July 14, 2025 | 12:19 pm GMT+7

Vietnam conglomerate Masan to issue over 7.5 mln ESOP shares

Vietnam conglomerate Masan to issue over 7.5 mln ESOP shares

Vietnam’s leading multi-sector conglomerate Masan Group will issue up to 7.5 million MSN shares under an employee stock ownership plan (ESOP) at a par value and issue price of VND10,000 ($0.38) apiece.

Companies - Mon, July 14, 2025 | 11:26 am GMT+7

Investment funds in Vietnam upbeat about new US tariff

Investment funds in Vietnam upbeat about new US tariff

With Vietnam soon reaching a trade agreement with the U.S., major uncertainties have significantly diminished, positively impacting investor sentiment in the stock market, according to investment funds.

Finance - Mon, July 14, 2025 | 9:04 am GMT+7

AI, data platform investment unlocks huge opportunities to enhance customer experience: Masan CEO

AI, data platform investment unlocks huge opportunities to enhance customer experience: Masan CEO

Vietnam’s leading multi-sector conglomerate Masan Group has made strong investments in AI, big data, and integrated supply chains to improve its operational efficiency, optimize costs, and better serve Vietnam’s 100 million consumers, said CEO Danny Le.

Companies - Sun, July 13, 2025 | 6:51 pm GMT+7

HCMC poised to become Southeast Asia's innovation, financial hub following merger: experts

HCMC poised to become Southeast Asia's innovation, financial hub following merger: experts

Ho Chi Minh City, Vietnam’s southern metropolis, is expected to establish itself as a hub for finance, manufacturing, trade, logistics, and innovation in Southeast Asia, after its merger with neighboring provinces.

Economy - Sun, July 13, 2025 | 1:56 pm GMT+7

PVI Insurance honored with prestigious international awards

PVI Insurance honored with prestigious international awards

2025 marks a proud milestone for PVI Insurance Corporation (PVI Insurance), as it has been consecutively recognized with prestigious accolades from top-tier institutions in the Asian insurance industry.

Companies - Sun, July 13, 2025 | 1:27 pm GMT+7

Green logistics a vital condition for Vietnam firms to flourish: exec

Green logistics a vital condition for Vietnam firms to flourish: exec

Green logistics is not just a long-term goal but a present-day opportunity for Vietnamese enterprises to advance amid the global transition toward sustainable development.

Companies - Sun, July 13, 2025 | 12:18 pm GMT+7

VNPT-VinaPhone, VNPT-Media to merge into parent company VNPT

VNPT-VinaPhone, VNPT-Media to merge into parent company VNPT

Telecommunication Services Corporation (VNPT-VinaPhone) and Communications Corporation (VNPT-Media) will be merged into their parent company, Vietnam Posts and Telecommunications Group (VNPT).

Companies - Sun, July 13, 2025 | 9:52 am GMT+7

Real estate major Kinh Bac gains majority control of Trump International Vietnam

Real estate major Kinh Bac gains majority control of Trump International Vietnam

Vietnamese developer Kinh Bac City Development Holding Corporation (HoSE: KBC) has expanded its portfolio to 19 subsidiaries following a new ownership move involving Trump International Vietnam.

Companies - Sun, July 13, 2025 | 8:41 am GMT+7

Sumitomo seeks to clear hurdles for industrial park expansion in northern Vietnam

Sumitomo seeks to clear hurdles for industrial park expansion in northern Vietnam

Japanese conglomerate Sumitomo has called on authorities in Hung Yen province to resolve several pressing issues affecting the expansion of Thang Long Industrial Park II (TLIP II), one of the largest industrial parks in northern Vietnam.

Industrial real estate - Sun, July 13, 2025 | 8:00 am GMT+7

Rixos debuts in Southeast Asia on Vietnam’s 'Pearl Island'

Rixos debuts in Southeast Asia on Vietnam’s 'Pearl Island'

A new chapter in travel is unfolding in Southeast Asia as Rixos Hotels, the world’s leading all-inclusive brand, prepares to unveil its first-ever resort in the region.

Travel - Sat, July 12, 2025 | 6:48 pm GMT+7

Vietnam’s biggest airport project ‘races to the finish line’

Vietnam’s biggest airport project ‘races to the finish line’

The Ministry of Construction has requested investors of the Long Thanh International Airport to complete the main route by August 2025 to facilitate trial operations of the passenger terminal and other components.

Infrastructure - Sat, July 12, 2025 | 6:19 pm GMT+7

Singapore's YCH Group eyes developing logistics center in southern Vietnam economic zone

Singapore's YCH Group eyes developing logistics center in southern Vietnam economic zone

Tay Ninh province has pledged full support to Singapore’s YCH Group in developing a logistics center within its Moc Bai Border Gate Economic Zone.

Industries - Sat, July 12, 2025 | 1:48 pm GMT+7

Vietnam PM asks US firms to sustain support for 'reasonable, detailed tariff pact'

Vietnam PM asks US firms to sustain support for 'reasonable, detailed tariff pact'

Prime Minister Pham Minh Chinh has called on U.S. businesses to continue supporting the Vietnamese government in dialogues with U.S. agencies to soon reach "a reasonable, detailed tariff agreement for individual products and product groups".

Economy - Sat, July 12, 2025 | 11:32 am GMT+7

Mergers of Vietnamese provinces unlock new property development opportunities

Mergers of Vietnamese provinces unlock new property development opportunities

The merging of Vietnamese localities is expected to create a strong "boost" for the real estate market as expanded planning space, synchronized infrastructure, and new land reserves are key factors driving the market's transformation.

Real Estate - Sat, July 12, 2025 | 11:00 am GMT+7