HCMC transport firm exec arrested after deadly accident
The deputy director of Ho Chi Minh City-based transport company Thanh Buoi was arrested on Friday for allegedly allowing a driver without a license to drive a sleeper bus, causing a deadly accident.
Le Duong, 33, was detained by police in Dinh Quan district, Dong Nai province, which borders HCMC. He is the son of 64-year-old Le Duc Thanh, director of Thanh Buoi.
Dinh Quan district police also arrested 37-year-old Hoang Van Tinh, the driver involved in the deadly incident.
A police officer reads an order to detain Le Duong, deputy director of transport company Thanh Buoi. Photo courtesy of Thanh Nien (Young People) newspaper.
According to investigators, on September 30, Duong allowed Tinh to drive the sleeper bus from HCMC to Da Lat town in the Central Highlands province of Lam Dong even though his driving license had been revoked by Lam Dong police on August 5.
At around 2:30 a.m, Tinh's sleeper bus rammed into a 16-seat bus in Dinh Quan district’s Phu Vinh commune, killing five people and injuring three others.
On October 29, the company announced the suspension of its passenger service on routes from HCMC to Da Lat and the Mekong Delta city of Can Tho, and from Da Lat to Can Tho, amid police investigations.
Thanh Buoi was fined VND91 million ($3,740) and had its license revoked for three months by the HCMC Department of Transport on November 3.
"We are consolidating documents and evidence to prove the violations of other related organizations and individuals," said a Dong Nai police leader.
Established in 2000, Thanh Buoi is a major transport service provider in southern Vietnam. It currently has more than 1,300 employees and operates routes connecting HCMC, Can Tho, and Da Lat.
- Related News
- Read More
French energy giant plans $500 mln investment in green Vietnam projects
French green hydrogen infrastructure developer HDF Energy is looking to invest $500 million in potential energy and transport projects across Vietnam, particularly the southern economic hub of Ho Chi Minh City.
Energy - Sun, November 23, 2025 | 11:29 am GMT+7
Vincom Retail estimated to book $72 mln profit from Hanoi mall sale: broker
Vincom Retail (HoSE: VRE), Vietnam’s leading retail property developer, is set to record an estimated VND1.9 trillion ($72 million) in profit after completing the divestment of its entire equity interest in a Hanoi project last month, according to a report by BSC Securities.
Real Estate - Sun, November 23, 2025 | 8:00 am GMT+7
Market watchdog conference in central Vietnam offers insight into amended securities law
A conference recently held by the State Securities Commission (SSC) in Danang briefed companies and market participants in central Vietnam on amendments to the Securities Law and guiding documents, as part of the authority's 2025 legal dissemination plan.
Finance - Sat, November 22, 2025 | 9:48 pm GMT+7
Central Retail incurs 6% drop in Jan-Sept revenue from Vietnam
Thailand’s top retailer Central Retail posted revenues of nearly THB35.48 billion ($1.09 billion) in Vietnam in the first nine months of this year, down 6.6% year-on-year due to exchange rate fluctuations.
Companies - Sat, November 22, 2025 | 3:32 pm GMT+7
Young leadership mindset drives SHB bank's next growth phase: exec
Young leadership would play a pivotal role as Vietnamese businesses navigate digital transformation and rising global competition, said Do Quang Vinh, vice chairman cum deputy CEO of Saigon-Hanoi Commercial Joint Stock Bank (SHB).
Banking - Sat, November 22, 2025 | 3:23 pm GMT+7
Stock market regulator holds final round of ESG-focused corporate governance contest in Hanoi
The final round of the “Vietnam ESG Challenge 2025”, a competition aimed at promoting sustainable development, modern corporate governance, and social responsibility among Vietnamese university students, took place in Hanoi on Monday.
Finance - Sat, November 22, 2025 | 10:16 am GMT+7
IFC, Vietnam's EVNNPT discuss investment in power transmission projects
Vietnam's National Power Transmission Corporation (EVNNPT) and the International Finance Corporation (IFC), a member of the World Bank Group, have discussed issues related to potential cooperation and investment in power transmission projects under the Power Development Plan VIII (PDP VIII).
Companies - Sat, November 22, 2025 | 9:23 am GMT+7
Earnings strength meets market consolidation
Global appetite for emerging markets is still cautious, constrained by high returns in developed markets amid geopolitical uncertainty, while pressure on the Vietnamese dong has been compounded by seasonal FDI profit repatriation, writes Minh Dang, head of research at Dragon Capital.
Economy - Sat, November 22, 2025 | 8:00 am GMT+7
Phat Dat pursues HCMC housing project after a decade as it restructures property portfolio
Phat Dat Real Estate Development Corp (PDR) has moved to acquire a 50% stake in AKYN Investment Trading Service JSC as part of efforts to revive a long-delayed residential project in central Ho Chi Minh City, the company said in a board resolution. Financial terms were not disclosed.
Real Estate - Fri, November 21, 2025 | 9:30 pm GMT+7
F88 wins dual workplace awards for 2025
Vietnam’s consumer finance major F88 has been named one of "Vietnam Best Places to Work" and a “Happiness at Work” enterprise for 2025.
Companies - Fri, November 21, 2025 | 4:07 pm GMT+7
European IP developer CTP plans large industrial-logistics project in northern Vietnam port city
CTP, a Dutch-led industrial park developer headquartered in the Czech Republic, is exploring a large integrated complex combining seaports, an airport, logistics facilities and industrial parks in the northern port city of Hai Phong.
Infrastructure - Fri, November 21, 2025 | 3:24 pm GMT+7
Vingroup to build $334 mln international port in central Vietnam
Vietnam's leading private conglomerate Vingroup will develop a modern, large-scale international port named Son Duong at the Vung Ang Economic Zone in Ha Tinh province.
Infrastructure - Fri, November 21, 2025 | 3:10 pm GMT+7
HCMC ready to operate International Financial Center: city authorities
Ho Chi Minh City has completed preparations across infrastructure, spatial planning, digital systems, organizational apparatus, and human resources to ensure Vietnam's International Financial Center can begin operating immediately after the Government issues its guiding decrees.
Economy - Fri, November 21, 2025 | 2:11 pm GMT+7
Hoa Phat Agriculture valued at over $450 mln ahead of IPO, ranking 2nd in Vietnam's livestock industry
Hoa Phat Agriculture Development JSC (HPA) has been valued at more than $450 million based on its newly announced IPO price, making it the second-largest company in Vietnam’s livestock industry after Masan MeatLife.
Companies - Fri, November 21, 2025 | 11:26 am GMT+7
Vietnam leads ASEAN in consumer optimism: UOB
Vietnam continues to lead the region in consumer optimism, driven by positive economic outlook and confidence in personal finances, according to the sixth edition of the ASEAN Consumer Sentiment Study (ACSS). UOB analysts offer an insight into their findings.
Economy - Fri, November 21, 2025 | 9:01 am GMT+7
MBBank partners with Visa, Kotra to launch new MB Visa Hi BIZ corporate card
MBBank (MB) on Wednesday launched a new version of its MB Visa Hi BIZ corporate card, offering enhanced spending management tools and cross-border payment capabilities through partnerships with Visa and South Korea’s trade promotion agency Kotra.
Banking - Thu, November 20, 2025 | 9:38 pm GMT+7
