Dong Nai former Party chief, former chairman arrested

By Thai Uyen
Wed, October 19, 2022 | 10:40 pm GMT+7

Tran Dinh Thanh, former Party secretary of Dong Nai, and Dinh Quoc Thai, former chairman of the southern province, were detained Wednesday for accepting bribes in a hospital investment scam.

Tran Dinh Thanh, former Party secretary of Dong Nai province. Photo courtesy of Vietnam News Agency.

Tran Dinh Thanh, former Party secretary of Dong Nai province. Photo courtesy of Vietnam News Agency.

Thanh was secretary of Dong Nai’s Party Committee during 2004-2015, while Thai was chairman of the provincial People’s Committee in the period 2011-2019.

The Ministry of Public Security’s investigative agency (C03) arrested the duo on charges of accepting bribes related to the Dong Nai General Hospital investment project.

Previously, in April, C03 prosecuted the case of “violating regulations on bidding, causing serious consequences” that occurred at the project.

The agency also detained Phan Huy Anh Vu, director of Dong Nai's Department of Health; Nguyen Thi Thanh Nhan, former chairman and general director of the Hanoi-headquartered AIC Company, and some others. As Nhan fled, C03 issued a wanted warrant.

The VND1,904 billion ($77.79 million) amended Dong Nai General Hospital investment project was approved by the people’s committee in July 2010 and assigned to the hospital as investor.

During the preparation of project amendment documents and bidding documents for 12 medical equipment procurement packages in the period 2013-2015, staff of the investor; AIC Company; bid consulting units; and the price appraisal unit had colluded to inflate the prices of equipment and cheat in bidding, seriously violating the Bidding Law.

Their acts allowed private firm AIC to win 12 bidding packages worth a total VND476.87 billion ($19.48 million), causing damage to state property, initially estimated at VND152 billion ($6.21 million).

Comments (0)
  • Read More
FedEx forms strategic tie-up with Viettel Post in push for Vietnam expansion

FedEx forms strategic tie-up with Viettel Post in push for Vietnam expansion

FedEx Express and Viettel Post, an arm of Vietnam's military-run telecom giant Viettel, have announced a strategic partnership with a view to strengthening nationwide delivery capabilities and enhance cross-border logistics connectivity.

Companies - Wed, May 6, 2026 | 5:16 pm GMT+7

Van Phu Invest, T&T Group exit Hanoi’s $27 bln Red River megaproject consortium

Van Phu Invest, T&T Group exit Hanoi’s $27 bln Red River megaproject consortium

Two more developers, Van Phu Invest and T&T Group, have withdrawn from the investor consortium for Hanoi’s Red River Scenic Boulevard project, leaving a three-member group to pursue the plan.

Real Estate - Wed, May 6, 2026 | 3:10 pm GMT+7

Gemadept eyes integrated maritime group expansion

Gemadept eyes integrated maritime group expansion

Gemadept is shifting strategy toward becoming an integrated maritime logistics group, as the company embarks on a new expansion cycle focused on shipping and inland waterway transport.

Companies - Wed, May 6, 2026 | 2:39 pm GMT+7

Five notable trends in Vietnam’s industrial real estate

Five notable trends in Vietnam’s industrial real estate

FDI inflows remain central to driving demand for industrial real estate. However, the trend is shifting - from a focus on processing and assembly toward high-tech manufacturing, research and development, writes Phung Xuan Minh, chairman of Saigon Ratings.

Industrial real estate - Wed, May 6, 2026 | 12:45 pm GMT+7

Middle East revenue share limited, impact manageable: top seafood exporter Vinh Hoan

Middle East revenue share limited, impact manageable: top seafood exporter Vinh Hoan

Vinh Hoan Corporation's revenue exposure to the Middle East remains limited, helping shield the company from geopolitical tensions in the region, said its chairwoman Truong Le Khanh.

Companies - Wed, May 6, 2026 | 11:11 am GMT+7

Banks should cut lending rates to lowest possible level: Deputy PM

Banks should cut lending rates to lowest possible level: Deputy PM

Vietnam’s Deputy Prime Minister Nguyen Van Thang has called for lending rates to be reduced to the lowest possible level, with a focus on priority sectors to better support businesses and economic growth.

Banking - Wed, May 6, 2026 | 8:50 am GMT+7

Japan’s Nishi-Nippon Railroad plans to build 22,000 homes in Vietnam by 2035

Japan’s Nishi-Nippon Railroad plans to build 22,000 homes in Vietnam by 2035

Japan’s Nishi-Nippon Railroad, widely known as Nishitetsu, plans to develop 22,000 housing units in Vietnam by 2035 via a partnership with local developer Nam Long Investment Corporation (HoSE: NLG).

Real Estate - Tue, May 5, 2026 | 9:49 pm GMT+7

Vietnam's tech unicorn VNG books record quarterly profit since 2022 listing

Vietnam's tech unicorn VNG books record quarterly profit since 2022 listing

Vietnam’s tech unicorn VNG (UPCoM: VNZ) reported its highest quarterly profit since going public in 2022, as growth across core business segments and tighter cost controls lifted earnings in Q1/2026.

Companies - Tue, May 5, 2026 | 4:01 pm GMT+7

Dragon Capital Vietnam posts best quarterly profit in 3 years

Dragon Capital Vietnam posts best quarterly profit in 3 years

Dragon Capital Vietnam (UPCoM: DCV) reported its strongest quarterly earnings in three years, driven by robust growth in investment advisory and asset management activities.

Companies - Tue, May 5, 2026 | 3:44 pm GMT+7

Petrolimex profit confusion rattles investors amid disclosure delay

Petrolimex profit confusion rattles investors amid disclosure delay

Petrolimex, Vietnam's biggest gasoline retailer by market share, has come under scrutiny after delays and conflicting signals around its Q1/2026 earnings triggered sharp swings in its shares, highlighting risks for investors amid information gaps.

Companies - Tue, May 5, 2026 | 3:24 pm GMT+7

Intel shifts data center chip production line to Vietnam

Intel shifts data center chip production line to Vietnam

Intel is relocating a production line for data center chips from Costa Rica to its Vietnam facility, reinforcing the Southeast Asian country’s role in the giant's global supply chain.

Industries - Tue, May 5, 2026 | 1:01 pm GMT+7

PVS Q1 profit rises 45%, warranty provisions surge

PVS Q1 profit rises 45%, warranty provisions surge

PetroVietnam Technical Services Corporation or PTSC (HNX: PVS), a subsidiary of state-owned Petrovietnam, reported a 45% increase in Q1 net profit for 2026, supported by the handover of several large projects, though a sharp rise in warranty provisions weighed on margin expansion.

Companies - Tue, May 5, 2026 | 11:42 am GMT+7

‘Vegetarian-fed pork’ brand owner BAF posts record quarterly profit

‘Vegetarian-fed pork’ brand owner BAF posts record quarterly profit

BAF Vietnam Agriculture JSC, known for its “vegetarian-fed pork” brand, reported a record net profit of VND206 billion ($7.82 million) in the first quarter of 2026, marking its highest quarterly earnings on record.

Companies - Tue, May 5, 2026 | 8:17 am GMT+7

Petrovietnam shipyard arm's pre-tax profit surges over 10-fold

Petrovietnam shipyard arm's pre-tax profit surges over 10-fold

Petrovietnam Marine Shipyard JSC (PV Shipyard), a subsidiary of state-owned giant Petrovietnam, reported a strong first quarter of 2026, with revenue rising sharply and pre-tax profit increasing more than 10-fold year-on-year.

Companies - Mon, May 4, 2026 | 3:49 pm GMT+7

Petrovietnam, Samsung Heavy Industries sign cooperation deal

Petrovietnam, Samsung Heavy Industries sign cooperation deal

Petrovietnam and Samsung Heavy Industries have signed an MoU to establish a cooperation framework in shipbuilding, energy industry, and related sectors.

Companies - Mon, May 4, 2026 | 2:11 pm GMT+7

Imprisoned entrepreneur, spouse hold over 6.3% stake in Vietnam private lender ACB

Imprisoned entrepreneur, spouse hold over 6.3% stake in Vietnam private lender ACB

The combined stake held by imprisoned businessman Nguyen Duc Kien and his spouse in the Asia Commercial Bank (ACB) is valued at nearly VND7.62 trillion ($289.23 million), based on the ACB market price of VND23,500 ($0.89) per share last Wednesday.

Banking - Mon, May 4, 2026 | 1:10 pm GMT+7