Former Party chief, chairman of Lam Dong province dismissed

By Thai Ha
Fri, April 19, 2024 | 4:55 pm GMT+7

Tran Duc Quan, former Party chief of Lam Dong, and Tran Van Hiep, chairman of the Central Highlands province, have been ousted for violations related to the $1.03 billion Dai Ninh eco-resort, trade and urban area project.

Tran Duc Quan when he was Party chief of Lam Dong. Photo courtesy of the province.

Tran Duc Quan when he was Party chief of Lam Dong. Photo courtesy of the province.

The provincial People’s Council on Friday voted to dismiss Quan, chairman of the council, and remove Hiep from the position of Lam Dong People's Committee chairman. Both had previously been arrested and expelled from the Communist Party.

Tran Duc Quan, 57, was arrested by the Ministry of Public Security's investigative agency (C03) on January 24 for further investigation into his allegedly abusing positions while on duty.

Authorities accused Quan of abusing his positions and violating the law in directing and resolving issues related to the Dai Ninh eco-resort, trade and urban area project, “causing very serious consequences”.

Tran Van Hiep when he was chairman of Lam Dong People's Committee. Photo courtesy of the province.

Tran Van Hiep when he was chairman of Lam Dong People's Committee. Photo courtesy of the province.

C03 had also detained chairman Tran Van Hiep, 58, and Nguyen Ngoc Anh, chief inspector of the province for accepting bribes.

In the same case, legal proceedings were initiated against Tran Bich Ngoc, director of the department of monitoring inspection work, resolving complaints and denunciations, preventing and combating corruption, smuggling, trade fraud and counterfeit goods under the Government Office. She was accused of abusing her positions while on duty.

Initial investigation results showed that Ngoc took advantage of her position to go against her assigned duties and responsibilities in handling inspections and complaints about the project, causing losses to the state.

In mid-2020, when announcing the inspection results of land management-use and construction investment in Lam Dong province, the Government Inspectorate recommended terminating the operations and recovering the land from three projects that breached the laws on land and investment, including a project run by Saigon-Dai Ninh Tourism Investment Joint Stock Company.

The Dai Ninh eco-resort, trade and urban area project covers more than 3,595 hectares, of which 1,050 hectares was designated to lease forest land, with a total investment capital of VND25,243 billion ($1.03 billion). The expected implementation time was from 2010 to 2018. To date, a few temporary works have been built on the project site, but hundreds of hectares of forest have been destroyed or encroached on.

In the criminal case of Van Thinh Phat Group, this project was mentioned in the results of the investigation. In 2020, Capella Group chairman Nguyen Cao Tri spent VND2,230 billion ($90.61 million) on a 58% stake in Saigon Dai Ninh Company. Tri later agreed to sell his entire stake to Van Thinh Phat's chairwoman Truong My Lan for VND3,000 billion ($122 million). Lan then transferred deposits to Tri five times worth VND20 million and VND127 billion ($5.16 million) in total.

When Lan was arrested, Tri appropriated $40 million from her, including the money from this project and two others.

In the Van Thinh Phat Group and Saigon Commercial Bank (SCB) case, Ho Chi Minh City People's Court on April 11 sentenced Truong My Lan to death for property embezzlement. For the crime of abusing trust to appropriate property, Nguyen Cao Tri, chairman cum general director of Capella Company, received eight years behind bars.

Currently, Nguyen Thai Hoc is acting Party chief of Lam Dong, while vice chairman of the province Vo Ngoc Hiep, 57, was assigned to temporarily run the provincial People’s Committee until authorities decide on new personnel.

Comments (0)
  • Read More
VPBank issues Vietnam’s first international sustainable bonds

VPBank issues Vietnam’s first international sustainable bonds

VPBank has become the first bank in Vietnam to successfully issue $300 million in sustainable bonds on the international market.

Companies - Wed, September 17, 2025 | 10:24 pm GMT+7

Vietnam’s private conglomerate Vingroup reclaims market capitalization crown after 5 years

Vietnam’s private conglomerate Vingroup reclaims market capitalization crown after 5 years

Vingroup has surpassed state-controlled lender Vietcombank to become the largest market capitalization company in Vietnam as its stock price rose 3.5 times in the past seven months.

Companies - Wed, September 17, 2025 | 10:16 pm GMT+7

First wave of ETF buying could exceed $680 mln if Vietnam secures FTSE market upgrade: broker

First wave of ETF buying could exceed $680 mln if Vietnam secures FTSE market upgrade: broker

Vietnam’s stock market has a strong chance of being upgraded by FTSE Russell in its October 2025 review, a move that could unlock billions of dollars in foreign inflows, said an analyst at broker ASEAN Securities.

Economy - Wed, September 17, 2025 | 4:16 pm GMT+7

Vietnam Education Publishing House faces challenges in curbing fake textbooks

Vietnam Education Publishing House faces challenges in curbing fake textbooks

The Vietnam Education Publishing House (VEPH) is encountering a range of difficulties in fighting counterfeit textbooks as the situation is becoming increasingly sophisticated and complex.

Companies - Wed, September 17, 2025 | 3:54 pm GMT+7

Vietnam Airlines the largest holding in gov’t investment arm SCIC’s portfolio

Vietnam Airlines the largest holding in gov’t investment arm SCIC’s portfolio

National flag carrier Vietnam Airlines has overtaken Vinamilk and Sabeco to become the largest holding in State Capital Investment Corporation's (SCIC) stock portfolio following the latest capital funding.

Finance - Wed, September 17, 2025 | 3:20 pm GMT+7

Hoa Phat Agriculture submits documents for IPO

Hoa Phat Agriculture submits documents for IPO

Hoa Phat Agriculture Development JSC, a subsidiary of Hoa Phat Group, on Tuesday submitted documents for an IPO of its shares as early as December 2025.

Companies - Wed, September 17, 2025 | 3:03 pm GMT+7

Petrovietnam affirms plan to build eco-energy and industrial center in southern Vietnam

Petrovietnam affirms plan to build eco-energy and industrial center in southern Vietnam

Petrovietnam plans to develop an eco-energy and industrial center project in Can Tho city, the "heart" of the Mekong Delta, its representatives stated on Monday.

Energy - Wed, September 17, 2025 | 11:49 am GMT+7

Thailand - one of Southeast Asia’s fastest-growing markets for AI

Thailand - one of Southeast Asia’s fastest-growing markets for AI

Thailand has emerged as one of Southeast Asia’s fastest-growing markets for artificial intelligence (AI), with OpenAI reporting that weekly active users of ChatGPT in the country have quadrupled over the past year.

Southeast Asia - Wed, September 17, 2025 | 10:40 am GMT+7

MoMo co-founder urges single fintech regulator, faster sandbox in Vietnam

MoMo co-founder urges single fintech regulator, faster sandbox in Vietnam

Vietnam should establish a single regulatory focal point and adopt a more flexible sandbox regime to accelerate fintech innovation, said Nguyen Ba Diep, co-founder of e-wallet giant MoMo.

Finance - Wed, September 17, 2025 | 8:00 am GMT+7

Indonesia to end incentives for imported CBU BEVs in 2026

Indonesia to end incentives for imported CBU BEVs in 2026

The Indonesian government has confirmed that it will stop providing incentives for imported completely built-up (CBU) battery electric vehicles (BEVs) from 2026.

Southeast Asia - Tue, September 16, 2025 | 9:44 pm GMT+7

Aquatic sector advised to navigate challenges, secure exports to EU, US

Aquatic sector advised to navigate challenges, secure exports to EU, US

Despite positive production signals with growth in 2025 projected at 4.25%, Vietnam's aquatic sector is facing mounting export pressures, particularly strict technical barriers in major markets such as the EU and the U.S.

Companies - Tue, September 16, 2025 | 9:41 pm GMT+7

Vietnam pledges favorable conditions for UK businesses

Vietnam pledges favorable conditions for UK businesses

Finance Minister Nguyen Van Thang has affirmed Vietnam’s commitment to improving its investment environment and creating favourable conditions for foreign enterprises, including those from the UK.

Companies - Tue, September 16, 2025 | 9:29 pm GMT+7

Lotte Shopping plans to open more shopping malls in Vietnam

Lotte Shopping plans to open more shopping malls in Vietnam

South Korean retail giant Lotte Shopping has unveiled plans to open an additional two to three large-scale shopping malls in major Vietnamese cities by 2030, underscoring the country’s growing role in the group’s international expansion strategy.

Companies - Tue, September 16, 2025 | 9:25 pm GMT+7

Vietnam ratifies WTO Agreement on Fisheries Subsidies

Vietnam ratifies WTO Agreement on Fisheries Subsidies

Vietnam officially deposited its instrument of ratification of the Agreement on Fisheries Subsidies at the WTO General Council’s special session in Switzerland on Monday.

Companies - Tue, September 16, 2025 | 9:21 pm GMT+7

What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?

What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?

NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.

Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7

Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026

Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026

Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.

Industries - Tue, September 16, 2025 | 3:54 pm GMT+7