Deputy PM Tran Luu Quang appointed head of Central Economic Commission
The Politburo, Vietnam’s highest decision-making body, has assigned Tran Luu Quang, a Party Central Committee member and Deputy Prime Minister, to be head of the Central Economic Commission.
Party General Secretary and President To Lam on Wednesday afternoon presented the appointment decision to Quang.
The Central Economic Commission is an advisory and assisting agency of the Party Central Committee (PCC), directly and regularly advising and assisting the Politburo and the Secretariat of the PCC in orienting the development and improvement of economic institutions; and in outlining important and major socio-economic guidelines, policies and measures.
Tran Luu Quang, head of the Central Economic Commission under the Party Central Committee. Photo courtesy of the National Assembly's news portal.
Tran Luu Quang, 57, comes from Tay Ninh province. He holds a master’s degree in public management and mechanical engineering.
Quang is a Party Central Committee member for the terms 11th (alternate), 12th and 13th; and a member of the National Assembly, the country’s highest legislative body, for the terms 14th and 15th.
He has worked for a long time in Tay Ninh province. Quang used to be deputy director of the Tay Ninh Department of Planning and Investment; Party chief and chairman of Trang Bang district; and then Party chief and standing vice chairman of Tay Ninh province.
In February 2019, Quang became standing deputy Party chief of Ho Chi Minh City, and more than two years later, he was appointed by the Politburo to be Party chief of Hai Phong city.
In January 2023, the National Assembly approved the appointment of Quang to the position of Deputy Prime Minister.
Currently, the Central Economic Commission has three deputy heads including Nguyen Duy Hung, Nguyen Hong Son, and Nguyen Duc Hien.
On the same day, top Vietnamese leader To Lam handed over an appointment decision to Mai Van Chinh. Accordingly, Chinh, a Party Central Committee member and standing deputy head of the Central Organizing Committee, has been assigned to be head of the Central Mass Mobilization Committee.
- Read More
JC&C-backed REE’s longtime chairwoman to step down as son takes CEO role
Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corp (HoSE: REE) is reshaping its leadership structure in a transition that marks the gradual handover of executive responsibilities to a younger generation.
Companies - Sat, May 16, 2026 | 6:13 pm GMT+7
Vietnam fines Shopee for misleading free shipping promotion
Vietnam’s competition authority has fined e-commerce platform Shopee VND200 million ($7,590) for providing misleading information to consumers in promotional campaigns.
Companies - Sat, May 16, 2026 | 4:48 pm GMT+7
Vietnam Deputy PM requests study of VAFIE proposals to build ‘leading’ economic groups
Vietnam’s Deputy Prime Minister Nguyen Van Thang has instructed ministries and state agencies to study recommendations from the Vietnam's Association of Foreign Invested Enterprises (VAFIE) on developing “leading” economic groups aimed at fostering large domestic corporations capable of competing regionally and globally.
Companies - Sat, May 16, 2026 | 1:03 pm GMT+7
Vietnam funds lag benchmark despite VN-Index hitting record highs
Vietnam’s benchmark VN-Index has surged to successive record highs in recent weeks, but many of the country’s largest investment funds have significantly underperformed the market, with some still posting negative returns for the year.
Finance - Sat, May 16, 2026 | 9:36 am GMT+7
Vietnam developer Hung Thinh Incons targets 3.5-fold revenue growth despite weak start to 2026
Ho Chi Minh City-headquartered Hung Thinh Incons has set a target to more than triple revenue in 2026 as the builder bets on public investment spending and a recovery in Vietnam’s construction market, despite continued pressure on its business performance.
Companies - Sat, May 16, 2026 | 8:00 am GMT+7
Vingroup to hire 20,000 workers for $35 bln Hanoi sports urban project
Vietnamese conglomerate Vingroup (HoSE: VIC) has announced the first-phase recruitment of over 20,000 workers for its massive Olympic Sports Urban Area project and other developments in Hanoi.
Companies - Fri, May 15, 2026 | 9:20 pm GMT+7
EVN eyes floating solar projects in central Vietnam
EVNGENCO1, a subsidiary of Vietnam’s state-owned utility Vietnam Electricity (EVN), is looking to invest VND4.4 trillion ($167 million) in three floating solar power projects in the central province of Lam Dong, expanding its push into renewable energy as Vietnam accelerates efforts to diversify electricity supply and cut carbon emissions.
Energy - Fri, May 15, 2026 | 3:53 pm GMT+7
Philippines' Jollibee earns over $16 mln from fried chicken, coffee chains in Vietnam in Q1
he Philippines’ Jollibee Foods Corporation (JFC) earned an EBITDA (earnings before interest, taxes, depreciation, and amortization) of over PHP1 billion ($16.2 million) from its fried chicken chain Jollibee and Highlands Coffee chains in Vietnam in Q1/2026.
Companies - Fri, May 15, 2026 | 3:42 pm GMT+7
Vietnam’s rapid growth in Asia-Pacific drives demand for higher operational standards: Savills
Being ranked among the Top 20 APAC Growth Hubs reinforces Vietnam’s appeal as a destination for international businesses, accelerating office expansion and multi‑site occupancy by regional and global tenants, write Savills Vietnam analysts.
Economy - Fri, May 15, 2026 | 3:33 pm GMT+7
Carlsberg Vietnam recognized with prestigious international, domestic honors
As expectations around sustainability continue to evolve, recognition for businesses is no longer driven by short-term outcomes, but by how they operate, adapt, and create value over time.
Companies - Fri, May 15, 2026 | 3:21 pm GMT+7
PV Drilling signs jack-up rig contract with Zarubezhneft EP Vietnam
PV Drilling, a subsidiary of state-owned Petrovietnam, has signed a contract to provide a jack-up drilling rig for Zarubezhneft EP Vietnam's development drilling campaign at the Thien Nga-Hai Au field in Block 12/11 offshore Vietnam.
Companies - Fri, May 15, 2026 | 2:03 pm GMT+7
Vietnam firms roll out hefty dividends after profit surge in 2025
Vietnamese companies are rolling out a wave of hefty cash dividends and bonus share issuances following strong earnings growth in 2025, with many payouts already scheduled for Q2/2026 after being approved during this year’s annual shareholder meetings.
Finance - Fri, May 15, 2026 | 1:04 pm GMT+7
Hanoi plans century-long urban overhaul centred on transport, Red River expansion
Hanoi has unveiled a sweeping new master plan with a 100-year vision that aims to transform the Vietnamese capital from a densely concentrated urban core into a multi-center metropolis driven by strategic infrastructure corridors, riverfront urbanization and regional transport connectivity.
Economy - Fri, May 15, 2026 | 9:35 am GMT+7
Berjaya Vietnam CEO spearheads $530 million acquisition of VinFast's manufacturing arm
Businessman Nguyen Hoai Nam, CEO of Berjaya Group Vietnam, has emerged as the key investor leading the $530 million takeover of Vietnamese electric vehicle maker VinFast’s manufacturing operations in Vietnam.
Companies - Fri, May 15, 2026 | 8:17 am GMT+7
S Korea’s KIM Fund no longer major shareholder in Vietnamese leading contractor Coteccons
South Korea’s KIM Vietnam Fund Management is no longer a major shareholder in Coteccons (HoSE: CTD) after its affiliated funds sold shares in one of Vietnam’s largest construction contractors.
Companies - Thu, May 14, 2026 | 6:46 pm GMT+7
Vingroup expands into surgical robotics with new medical technology venture
Vingroup (HoSE: VIC) is deepening its push into high-tech healthcare with the establishment of a new subsidiary focused on surgical robotics and advanced medical devices, as the country’s largest private conglomerate broadens its ambitions beyond electric vehicles, real estate, and hospitals.
Companies - Thu, May 14, 2026 | 6:19 pm GMT+7

















