Hai Duong province chairman disciplined
Trieu The Hung, chairman of Hai Duong province for the 2016-2021 term was reprimanded by the Prime Minister Thursday for work-related violations.
Previously, the Party Central Committee’s Secretariat had taken disciplinary action against him.
Hung was found to have lacked responsibility in directing, inspecting and supervising, resulting in violations and shortcomings of some organizations and individuals in the northern province's Covid-19 fight.
Trieu The Hung, former chairman of Hai Duong People's Committee. Photo courtesy of Young People newspaper
On the same day, PM Pham Minh Chinh also removed Nguyen Duong Thai from the status of former chairman of Hai Duong for the 2016-2021 term, while reprimanding Luong Van Cau, former vice chairman.
On October 3, the Party Central Committee expelled Pham Xuan Thang, Secretary of Hai Duong’s Party Committee from the Party.
Thang has been detained by the Ministry of Public Security’s investigative agency (C03) for further investigation into the alleged crime of "abusing positions and power in performing official duties per the Penal Code."
On September 16, the Secretariat reprimanded former Hai Duong chairman Trieu The Hung and former vice chairman Luong Van Cau; removed Nguyen Duong Thai, former deputy secretary of the provincial Party Committee and former chairman of the province, from all Party positions; and expelled Pham Manh Cuong, director of the health department, from the Party.
Under the Politburo and the Secretariat’s conclusion, the Party leaders of Hai Duong for the 2020-2025 term had violated the principle of democratic centralism and working regulations; lacked responsibility in leadership and direction; promulgated many concluding documents with contents in breach of the Party’s regulations and the State’s laws.
They lacked inspection and supervision, failed to promptly detect violations and shortcomings of the provincial people’s committee, many Party organizations and Party members in leading, directing and organizing Covid-19 fight activities, the conclusion notes.
Pham Xuan Thang, Party chief of Hai Duong, was arrested on September 17 for “abusing positions and power in performing official duties” per the Penal Code.
This is the latest development in the Viet A test kit case that involves: violating regulations on management and use of state assets, causing loss and waste; violating regulations on bidding, causing serious consequences; abusing positions and power while performing official duties; giving bribes; and accepting bribes.
The C03 said Thang had taken advantage of his positions and power to issue directions that breached the law on bidding, allowing the Viet A Company to gain large amounts of illicit profit.
The criminal case related to Viet A Company is considered a major one subject to monitoring and direction by the Central Steering Committee for Anti-Corruption. Until now, prosecution agencies under the Ministry of Public Security and police departments across the country have detained more than 90 people in related cases, including several former Party Central Committee members.
Before Thang’s arrest, the C03 had detained former Health Minister Nguyen Thanh Long and former Mayor of Hanoi Chu Ngoc Anh.
Taking advantage of “special relationships” with the Ministry of Health, the Ministry of Science and Technology and some localities, between February 2020 to December 2021, Viet A Company provided millions of Covid-19 test kits to ministries, state agencies, hospitals, centers for disease control (CDC) and partners in more than 60 provinces and cities, earning revenues of about VND4,000 billion ($169 million).
The prosecution agencies determined that in order to win the contract to provide test kits and biological products, Viet A Company leaders paid VND800 billion ($33.81 million) in “commissions” to partners. Many company leaders were prosecuted for giving bribes.
- Read More
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 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
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
Vietnam manufacturing purchasing managers' index drops to 7-month low in April
Vietnamese manufacturers recorded a drop in new orders in April as inflationary pressures hit 15-year highs amid increased costs for fuel and oil in particular, according to S&P Global.
Economy - Mon, May 4, 2026 | 12:08 pm GMT+7
Vietnam bank profits diverge in Q1, favoring large lenders
The Vietnamese banking sector’s profits in Q1/2026 showed a clear divergence, with growth seen among large lenders with strong capital and asset quality while smaller banks facing mounting pressure from rising funding costs and credit risks.
Banking - Mon, May 4, 2026 | 10:51 am GMT+7
Gelex invests $304 mln in Gia Binh airport project
Gelex Group has invested VND8 trillion ($303.54 million) in a company developing the Gia Binh International Airport in northern Vietnam, driving a sharp increase in its investments in associates in the first quarter of 2026.
Companies - Mon, May 4, 2026 | 8:07 am GMT+7
PV Drilling profit accelerates, Brunei bottleneck persists
Petrovietnam subsidiary PV Drilling reported strong earnings growth in the first quarter of 2026 on the back of a recovery in the oil and gas market, but continued to face profitability challenges in Brunei, a market with sizable assets that has yet to deliver commensurate returns.
Companies - Mon, May 4, 2026 | 8:00 am GMT+7
Vietnam’s auto industry paradox: Fast growth, but localization remains 'near zero'
Vietnam’s automobile market expanded rapidly in 2025, yet localization rates - particularly for passenger cars - remain stubbornly low, highlighting a structural gap in the industry’s development.
Economy - Sun, May 3, 2026 | 3:17 pm GMT+7
China’s retail giant Meiyijia enters Southeast Asia with first stores in Vietnam, Malaysia
China’s largest convenience store chain Meiyijia has made its first move into Southeast Asia with initial outlets in Vietnam and Malaysia under a new brand, signaling intensifying competition in the region’s fast-growing retail market.
Companies - Sun, May 3, 2026 | 8:07 am GMT+7
Vietnam’s e-commerce sales surge 47% to $5.64 bln in Q1
Vietnam’s online retail market continued its rapid expansion in the first quarter of 2026 as total gross merchandise value (GMV) across four major platforms, Shopee, TikTok Shop, Lazada, and Tiki, reached about VND148.6 trillion ($5.64 billion), up 47% year-on-year, according to data from analytics firm Metric.
Economy - Sun, May 3, 2026 | 8:00 am GMT+7
Vietnam, Japan agree to target $5 bln annual investment, $60 bln trade by 2030
Prime Ministers Le Minh Hung of Vietnam and Takaichi Sanae of Japan have signed six bilateral co-operation documents following summit talks at the Government headquarters.
Economy - Sat, May 2, 2026 | 4:01 pm GMT+7
Vietnam's top dairy producer Vinamilk posts Q1 profit of nearly $93 mln
Vinamilk (HoSE: VNM) reported a net profit of nearly VND2.46 trillion ($93.26 million) in the first quarter of 2026, up 55% from the same period last year, as the dairy producer met about a quarter of its full-year target after three months.
Companies - Sat, May 2, 2026 | 3:26 pm GMT+7
Vietnamese PM hosts welcome ceremony for Japanese counterpart
Prime Minister Le Minh Hung on Saturday morning hosted an official welcome ceremony for Japanese Prime Minister Takaichi Sanae, who is on a three-day official visit to Vietnam.
Politics - Sat, May 2, 2026 | 12:37 pm GMT+7
PV Oil completes 81% of full-year profit target in Q1
PV Oil, a subsidiary of state-owned Petrovietnam, reported a sharp surge in first-quarter earnings, achieving 81% of its full-year profit target within the first three months of 2026, driven largely by favorable inventory dynamics.
Companies - Sat, May 2, 2026 | 8:17 am GMT+7
Major players eye Vietnam’s wastewater treatment market
Vietnam’s wastewater treatment sector is entering a transition phase as a growing number of large corporations signal plans to enter or expand investments, driven by rising environmental infrastructure demand and expectations of clearer wastewater pricing mechanisms.
Companies - Sat, May 2, 2026 | 8:00 am GMT+7
Work on $92 mln eco-urban resort project starts in northern Vietnam tourist hotspot
A consortium of Hong Phong ID Co. Ltd. and Ecopark Hai Duong JSC has broken ground on a VND2.42 trillion ($91.97 million) eco-urban tourism project in Vietnam's northern border province of Lao Cai.
Real Estate - Fri, May 1, 2026 | 9:08 pm GMT+7


















