Former health minister, Hanoi mayor arrested over Covid test kit scandal
Vietnamese police arrested former Health Minister Nguyen Thanh Long and former Hanoi Chairman Chu Ngoc Anh Tuesday night for having violated the Party's rules and caused losses to the State budget.
Long was dismissed from his position of Minister of Health in the morning, while Anh was fired in the afternoon. The duo were expelled from the Party on Monday.

Chu Ngoc Anh (L), former Hanoi Chairman, and Nguyen Thanh Long, former Health Minister. Photo courtesy of Tien Phong newspaper.
On the same day, the police arrested Pham Cong Tac, former Deputy Minister of Science of Technology, on the same charges.
Hanoi will be temporarily led by the city's Deputy Chairman Le Hong Son. Meanwhile, Deputy Minister of Health Do Xuan Tuyen is the acting head of the ministry starting Tuesday.
Nguyen Thanh Long and Chu Ngoc Anh "have displayed deterioration in their political ideology, ethics and lifestyles, violating the Party’s regulations and State laws," according to the Party Central Committee.
Long has been accused of mismanagement and involvement in a scam in which Vietnamese firm Viet A had overstated its prices of Covid-19 test kits.
Phan Quoc Viet, CEO of the company, was arrested in December 2021. He then admitted he had inflated the price of a Covid-19 test kit by 45% and given huge bribes to corporate partners and leaders of provincial and city centers for disease control nationwide, asking them to distribute and use Covid-19 test kits provided by his company.
Lieutenant General To An Xo, chief of staff and spokesperson of the Ministry of Public Security, told a government meeting on Saturday that Viet A earned up to VND4,000 billion ($172.47 million) illicitly, of which VND800 billion was spent on bribes.
As for the former Hanoi Chairman, the Party Central Committee stated: "Chu Ngoc Anh has caused very serious consequences, damage to the state budget; affected the country’s anti-pandemic efforts; caused anger in society; and affected the reputation of Party organizations of the ministries to the point of having to face disciplinary action."
Last month, the Central Inspection Committee proposed the Politburo take disciplinary action against Anh.
The inspection commission stated that the technology ministry leaders in the 2016-2021 term were found to have lacked responsibility, showed loose leadership, and lacked direction, management, and inspection, giving rise to some ministerial officials violating the Party’s regulations and State laws in approving and signing contracts, managing, inspecting, supervising and funding a project that studies and manufactures Covid-19 test kits for Military Medical Academy.
- Read More
Vietnam's telco giant Viettel signs deal with France’s John Cockerill Defense
Viettel High Tech, the core military and civilian R&D arm of Vietnam’s military-run telecom giant Viettel, has signed a cooperation agreement with John Cockerill Defense, a leading weapon designer and manufacturer in France.
Companies - Thu, May 29, 2025 | 9:14 pm GMT+7
MB showcases comprehensive financial solution Biz MBBank at Digital Transformation Day event
Vietnam's leading bank MB on Thursday introduced its latest digital technology solutions, notably the Biz MBBank digital financial platform, at the "Smart Digital Ecosystem in the New Era" event organized by the central bank.
Companies - Thu, May 29, 2025 | 8:02 pm GMT+7
Vietnam's auto distributor TMT to launch $3.8 mln charging station firm
Vietnamese auto distributor TMT Motors has announced the establishment of a charging station company with a charter capital of VND100 billion ($3.84 million).
Companies - Thu, May 29, 2025 | 4:45 pm GMT+7
US's Excelerate Energy affirms intention to turn Vietnam into LNG hub for ASEAN
Excelerate Energy wants to make Vietnam a center for LNG distribution to the ASEAN region, president and CEO Steven Kobos told Prime Minister Pham Minh Chinh at a meeting in Hanoi on Thursday.
Energy - Thu, May 29, 2025 | 4:33 pm GMT+7
Bourse shifts to heat up Vietnam's banking stocks
Several Vietnamese banks are planning to move their shares from the Unlisted Public Companies Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE) this year, creating new momentum for banking stocks, long dubbed the “king” group.
Finance - Thu, May 29, 2025 | 2:48 pm GMT+7
Dairy giant TH Group proposes 5 projects in southern Vietnam
TH Group, one of Vietnam’s leading dairy producers, has proposed five major projects in the southern province of Binh Phuoc, in the fields of industrial production and urban area, golf course and high-tech agricultural production zone developments.
Industries - Thu, May 29, 2025 | 12:02 pm GMT+7
2024 cyberattack 'a blessing in disguise' for Vietnam's leading broker VNDirect: chairwoman
The cybersecurity breach that major Vietnamese brokerage VNDirect Securities encountered in 2024 was "an unfortunate incident, but also a lucky chance", chairwoman Pham Minh Huong said on Wednesday.
Finance - Thu, May 29, 2025 | 9:48 am GMT+7
Vietnam prioritizes smart, green seaport projects: Deputy PM
Vietnam encourages smart and green seaport investments, as technical barriers related to CO2 emissions and CO2 taxes begin to be tightened up globally.
Infrastructure - Wed, May 28, 2025 | 10:07 pm GMT+7
New Zealand, Vietnam expand timber trade partnership
New Zealand Forestry and Trade Minister Todd McClay on Tuesday unveiled a new bilateral agreement with Vietnam designed to boost timber exports and remove potential trade barriers in the two countries' forestry sectors.
Companies - Wed, May 28, 2025 | 8:53 pm GMT+7
Norway vows to support Vietnam's energy transition
Norway is committed to supporting Vietnam’s energy transition, Norwegian Ambassador to Vietnam Hilde Solbakken said at a technical seminar held in Hanoi on Wednesday.
Companies - Wed, May 28, 2025 | 8:49 pm GMT+7
Thailand expected to become regional luxury retail hub
Thailand's luxury retail market is valued at $4.4 billion and projected to grow by approximately 5% annually through 2028, placing the country at the forefront of luxury retail in Southeast Asia and seventh in Asia-Pacific, according to property consultant CBRE Thailand.
Southeast Asia - Wed, May 28, 2025 | 8:44 pm GMT+7
Indonesia affirms role as leading global maritime hub
The Indonesia Maritime Expo, held as part of Indonesia Maritime Week 2025 on May 26-28, is the first large-scale maritime event in the country, aiming to affirm its role as a global maritime hub and promote the sustainable development of the region’s maritime industry.
Southeast Asia - Wed, May 28, 2025 | 8:41 pm GMT+7
Vietnam benchmark VN-Index hits 3-year high
The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), recorded a four-day gaining streak on Wednesday, rising 2.06 points, or 0.15%, to 1,341.87 points - the highest since May 2022.
Finance - Wed, May 28, 2025 | 6:37 pm GMT+7
HSBC launches sustainability improvement loan in Vietnam
HSBC has introduced its Sustainability Improvement Loan, a new financing solution tailored for businesses with annual turnover less than $550 million, in Vietnam, after launching it in 12 markets including the UK, Middle East, Hong Kong and Singapore last year.
Banking - Wed, May 28, 2025 | 6:15 pm GMT+7
CMA CGM, Saigon Newport to jointly develop deep-sea terminal in northern Vietnam
France's CMA CGM Group, a global player in sea, land, air, and logistics solutions, has signed a partnership agreement with Vietnam's Saigon Newport Corporation (SNP) to develop a deep-water terminal in Hai Phong city, northern Vietnam.
Infrastructure - Wed, May 28, 2025 | 5:01 pm GMT+7
Japan’s chipmaker Rapidus pledges semiconductor workforce training for Vietnam
Rapidus Corporation, a semiconductor manufacturer of Japan, has affirmed its readiness to train semiconductor workforce for Vietnam.
Economy - Wed, May 28, 2025 | 3:21 pm GMT+7