Former HCMC chairman warned over violations

By Kim Ngan
Fri, July 8, 2022 | 7:00 pm GMT+7

The Politburo, Vietnam Communist Party’s decision-making body, warned on Friday Nguyen Thanh Phong, former chairman of Ho Chi Minh City, for work-related violations.

The decision was made at a meeting chaired by Party General Secretary Nguyen Phu Trong, 16 days after the Party Central Inspection Committee proposed the Politburo consider taking disciplinary action against Phong.

Phong is also former deputy chief of the city’s Party Committee and currently a Party Central Committee member and deputy chief of Party Central Economic Commission.

Nguyen Thanh Phong, former chairman of Ho Chi Minh City. Photo courtesy of Tuoi Tre newspaper.

Nguyen Thanh Phong, former chairman of Ho Chi Minh City. Photo courtesy of Tuoi Tre newspaper.

According to Party Central Committee’s Office, after considering the inspection committee’s proposal, the Politburo found that the Party leaders of HCMC People’s Committee in the 2016-2021 term had violated the principle of democratic centralism, working regulations; lacked responsibility; showed loose leadership and direction.

As a result, the people's committee, many organisations and individuals had violated the Party’s regulations and State laws on state asset and financial management, giving rise to many criminal cases, many Party organisations and Party members being disciplined, and many officials and Party members facing criminal charges.

Phong, as HCMC Party Committee's deputy chief and People’s Committee chairman, violated the regulations on Party members’ conduct and regulations on a leader's responsibility to set a good example.

"Nguyen Thanh Phong is mainly responsible for the violations and shortcomings of HCMC's Party leadership and People’s Committee in the 2016-2021 term. He is directly responsible for his own violations and shortcomings in the performance of duties."

The Politburo assessed that Phong’s violations “have caused very serious consequences” that are difficult to remedy, causing a great loss of state property and budget as well as frustration in society and among cadres, adversely affecting the reputation of Party organisations, the local government, and Phong personally.

Phong, 60, has a doctorate in economics. In August 2021, he was appointed deputy chief of the Party Central Economic Commission.

Comments (0)
  • Read More
Vietnamese property major Hoang Huy’s subsidiary eyes HCMC bourse listing in H2

Vietnamese property major Hoang Huy’s subsidiary eyes HCMC bourse listing in H2

CRV Real Estate Group JSC, a member of Vietnam's major property developer Hoang Huy Group (TCH), seeks to list its shares on the Ho Chi Minh City Stock Exchange (HoSE) in the second half of this year.

Real Estate - Tue, June 17, 2025 | 8:52 am GMT+7

Southern Vietnam province Kien Giang seeks private investment for 40 key projects

Southern Vietnam province Kien Giang seeks private investment for 40 key projects

The Mekong Deleta province of Kien Giang has announced a list of 40 projects calling for private investment in 2025, with total capital of over VND226.7 trillion ($8.7 billion).

Industries - Mon, June 16, 2025 | 11:45 pm GMT+7

ASEAN poised for greater role in global economy

ASEAN poised for greater role in global economy

ASEAN could emerge as the world's fourth-largest economy in the coming decades but the regional bloc must accelerate integration, strengthen institutions, and adapt to global shifts to realize this potential, experts have said.

Southeast Asia - Mon, June 16, 2025 | 11:34 pm GMT+7

Indonesia prioritizes private investment in infrastructure projects

Indonesia prioritizes private investment in infrastructure projects

Indonesian President Prabowo Subianto has emphasised that Indonesia will facilitate greater participation of both domestic and international private companies in infrastructure development, aiming to ensure equitable growth opportunities and advance the country’s “Golden Indonesia 2045” vision.

Southeast Asia - Mon, June 16, 2025 | 11:30 pm GMT+7

Honda Vietnam reports strong growth in motorcycle and car sales

Honda Vietnam reports strong growth in motorcycle and car sales

Honda Vietnam (HVN) recorded significant sales growth in both motorcycle and automobile segments in May 2025, with year-on-year increases of 8.2% and 25.9%, respectively.

Companies - Mon, June 16, 2025 | 11:24 pm GMT+7

Vietnam’s rice export prices fall nearly 19% despite growing volume

Vietnam’s rice export prices fall nearly 19% despite growing volume

Vietnam’s rice industry is facing a steep drop in export prices, even as shipment volumes climb, underscoring the challenges of a volatile global grain market.

Companies - Mon, June 16, 2025 | 11:20 pm GMT+7

Vietnam Airlines invests $69 mln in 2 projects at Long Thanh airport

Vietnam Airlines invests $69 mln in 2 projects at Long Thanh airport

National flag carrier Vietnam Airlines on Sunday kicked off construction on an in-flight catering facility and an aircraft maintenance complex at the under-construction Long Thanh International Airport in southern Vietnam, with a total investment of nearly VND1.8 trillion ($69 million).

Infrastructure - Mon, June 16, 2025 | 9:41 pm GMT+7

Prime Minister okays 1,881-hectare free trade zone in central Vietnam

Prime Minister okays 1,881-hectare free trade zone in central Vietnam

Prime Minister Pham Minh Chinh has approved the establishment of Danang Free Trade Zone (FTZ), which will cover approximately 1,881 hectares across seven non-contiguous locations.

Economy - Mon, June 16, 2025 | 9:25 pm GMT+7

Vietnam parliament passes historic revised law on local government organisation, establishing two-tier model

Vietnam parliament passes historic revised law on local government organisation, establishing two-tier model

The National Assembly, Vietnam's legislature, on Monday endorsed the revised Law on Local Government Organization, with 100% of the 466 members present voting in favor.

Politics - Mon, June 16, 2025 | 5:01 pm GMT+7

Vietnamese fruit and vegetable export to EU grows 33% in 4 months

Vietnamese fruit and vegetable export to EU grows 33% in 4 months

Vietnamese fruits and vegetables such as mangoes, pistachios, pineapples, and coconuts are gaining popularity in the European market, with export revenues rising sharply in Jan-April by as much as 41% to 200% year-on-year.

Economy - Mon, June 16, 2025 | 4:19 pm GMT+7

Vietnam's oil shipping major PVTrans to pay record high dividend

Vietnam's oil shipping major PVTrans to pay record high dividend

PetroVietnam Transportation Corporation (PVTrans), a subsidiary of state-owned Petrovietnam, will issue nearly 113.9 million shares to pay 2024 dividends, raising its charter capital to VND4,699 billion (over $180 million).

Companies - Mon, June 16, 2025 | 3:51 pm GMT+7

How retail giant Aeon Mall rapidly expands presence in Vietnam

How retail giant Aeon Mall rapidly expands presence in Vietnam

Japanese retailer Aeon Mall has employed a consistent strategy to expand its footprint across Vietnam: partnering with domestic companies that possess land funds earmarked for commercial real estate development.

Real Estate - Mon, June 16, 2025 | 12:10 pm GMT+7

Two Vietnamese stocks face bourse delisting for information disclosure violations

Two Vietnamese stocks face bourse delisting for information disclosure violations

Nam Song Hau Trading and Investing Petroleum JSC (PSH) and Koji Asset Investment JSC (KPF) are facing mandatory delisting from the Ho Chi Minh Stock Exchange (HoSE) due to serious breaches of information disclosure regulations.

Finance - Mon, June 16, 2025 | 9:20 am GMT+7

MBBank offers free app for business households' sales management, electronic invoice issuance

MBBank offers free app for business households' sales management, electronic invoice issuance

MBBank (MB) is offering its mSeller application for free – a solution to support sales management and issuance of electronic invoices exclusively for business households, small traders, and micro-sized enterprises.

Companies - Mon, June 16, 2025 | 9:05 am GMT+7

How to invest in a volatile Vietnamese stock market

How to invest in a volatile Vietnamese stock market

After a strong recovery from the market bottom of 2025 on April 9, the VN-Index has entered a correction phase, with six out of eight sessions showing declines between June 4 and Friday, June 13.

Finance - Mon, June 16, 2025 | 8:00 am GMT+7

Third round of Vietnam-US reciprocal trade pact talks sees 'significant progress'

Third round of Vietnam-US reciprocal trade pact talks sees 'significant progress'

The third technical round of negotiations for a reciprocal trade agreement between Vietnam and the U.S. has concluded in Washington, D.C., with "significant progress made and gaps narrowed in all areas of negotiation," according to Vietnam’s Ministry of Industry and Trade.

Economy - Sun, June 15, 2025 | 9:57 pm GMT+7