HCMC vice chairman reprimanded
Vo Van Hoan, Vice Chairman of Ho Chi Minh City People’s Committee, was reprimanded Monday for work violations and shortcomings.
The disciplinary decision was signed by acting Deputy Prime Minister Pham Binh Minh following the Central Inspection Committee’s decision on disciplinary action against Hoan.
Vo Van Hoan, 57, has been HCMC’s Vice Chairman since May 2019, in charge of economic affairs.
In June, the Central Inspection Committee reprimanded Hoan, HCMC's Vice Chairman, former Secretary of the city's Party Committee, and former chief of the city People’s Committee office.
Vo Van Hoan, Vice Chairman of HCMC. Photo courtesy of Youth newspaper.
The Central Inspection Committee found that the Party leaders of the HCMC people’s committee had violated the principle of democratic centralism and working regulations; lacked responsibility; showed loose leadership and direction.
As a result, the people’s committee, many organizations and individuals had violated the Party’s regulations and the State’s laws on financial and state asset management.
Many Party organizations and Party members were disciplined, with some key city leaders handled as criminals.
"The above violations have caused serious consequences that are difficult to remedy, leading to a great loss of state property and budget, causing frustration in society, and adversely affecting the reputation of the Party organizations and the local government."
- Related News
- Read More
$120 mln export ambition: What drives Vietnam’s home appliance giant Sunhouse to strengthen position in global supply chain?
The prominent presence of Sunhouse, Vietnam’s leading home appliance brand, at the 139th Canton Fair reinforces its strategic direction to become a key manufacturing partner in the global supply chain.
Companies - Thu, May 7, 2026 | 2:10 pm GMT+7
Vietnam makes 'huge difference' in terms of accessibility criteria: FTSE Russell exec
Vietnam has made “significant progress in meeting the requirements” over the past two years for an upgrade from frontier market to secondary emerging market status, said Wanming Du, FTSE Russell's Asia-Pacific director of index policy.
Finance - Thu, May 7, 2026 | 11:54 am GMT+7
Taiwan's electronics major Lite-On to pump additional $149 mln into Vietnam arms
Taiwanese electronics maker Lite-On Technology plans to inject an additional $149 million into its wholly owned subsidiaries in Vietnam, as part of efforts to expand production capacity and strengthen its manufacturing footprint.
Industries - Thu, May 7, 2026 | 8:00 am GMT+7
FedEx forms strategic tie-up with Viettel Post in push for Vietnam expansion
FedEx Express and Viettel Post, an arm of Vietnam's military-run telecom giant Viettel, have announced a strategic partnership with a view to strengthening nationwide delivery capabilities and enhance cross-border logistics connectivity.
Companies - Wed, May 6, 2026 | 5:16 pm GMT+7
Van Phu Invest, T&T Group exit Hanoi’s $27 bln Red River megaproject consortium
Two more developers, Van Phu Invest and T&T Group, have withdrawn from the investor consortium for Hanoi’s Red River Scenic Boulevard project, leaving a three-member group to pursue the plan.
Real Estate - Wed, May 6, 2026 | 3:10 pm GMT+7
Gemadept eyes integrated maritime group expansion
Gemadept is shifting strategy toward becoming an integrated maritime logistics group, as the company embarks on a new expansion cycle focused on shipping and inland waterway transport.
Companies - Wed, May 6, 2026 | 2:39 pm GMT+7
Five notable trends in Vietnam’s industrial real estate
FDI inflows remain central to driving demand for industrial real estate. However, the trend is shifting - from a focus on processing and assembly toward high-tech manufacturing, research and development, writes Phung Xuan Minh, chairman of Saigon Ratings.
Industrial real estate - Wed, May 6, 2026 | 12:45 pm GMT+7
Middle East revenue share limited, impact manageable: top seafood exporter Vinh Hoan
Vinh Hoan Corporation's revenue exposure to the Middle East remains limited, helping shield the company from geopolitical tensions in the region, said its chairwoman Truong Le Khanh.
Companies - Wed, May 6, 2026 | 11:11 am GMT+7
Banks should cut lending rates to lowest possible level: Deputy PM
Vietnam’s Deputy Prime Minister Nguyen Van Thang has called for lending rates to be reduced to the lowest possible level, with a focus on priority sectors to better support businesses and economic growth.
Banking - Wed, May 6, 2026 | 8:50 am GMT+7
Japan’s Nishi-Nippon Railroad plans to build 22,000 homes in Vietnam by 2035
Japan’s Nishi-Nippon Railroad, widely known as Nishitetsu, plans to develop 22,000 housing units in Vietnam by 2035 via a partnership with local developer Nam Long Investment Corporation (HoSE: NLG).
Real Estate - Tue, May 5, 2026 | 9:49 pm GMT+7
Vietnam's tech unicorn VNG books record quarterly profit since 2022 listing
Vietnam’s tech unicorn VNG (UPCoM: VNZ) reported its highest quarterly profit since going public in 2022, as growth across core business segments and tighter cost controls lifted earnings in Q1/2026.
Companies - Tue, May 5, 2026 | 4:01 pm GMT+7
Dragon Capital Vietnam posts best quarterly profit in 3 years
Dragon Capital Vietnam (UPCoM: DCV) reported its strongest quarterly earnings in three years, driven by robust growth in investment advisory and asset management activities.
Companies - Tue, May 5, 2026 | 3:44 pm GMT+7
Petrolimex profit confusion rattles investors amid disclosure delay
Petrolimex, Vietnam's biggest gasoline retailer by market share, has come under scrutiny after delays and conflicting signals around its Q1/2026 earnings triggered sharp swings in its shares, highlighting risks for investors amid information gaps.
Companies - Tue, May 5, 2026 | 3:24 pm GMT+7
Intel shifts data center chip production line to Vietnam
Intel is relocating a production line for data center chips from Costa Rica to its Vietnam facility, reinforcing the Southeast Asian country’s role in the giant's global supply chain.
Industries - Tue, May 5, 2026 | 1:01 pm GMT+7
PVS Q1 profit rises 45%, warranty provisions surge
PetroVietnam Technical Services Corporation or PTSC (HNX: PVS), a subsidiary of state-owned Petrovietnam, reported a 45% increase in Q1 net profit for 2026, supported by the handover of several large projects, though a sharp rise in warranty provisions weighed on margin expansion.
Companies - Tue, May 5, 2026 | 11:42 am GMT+7
‘Vegetarian-fed pork’ brand owner BAF posts record quarterly profit
BAF Vietnam Agriculture JSC, known for its “vegetarian-fed pork” brand, reported a record net profit of VND206 billion ($7.82 million) in the first quarter of 2026, marking its highest quarterly earnings on record.
Companies - Tue, May 5, 2026 | 8:17 am GMT+7
