Parliament appoints new state auditor general
Deputy State Auditor General Ngo Van Tuan has been endorsed by the National Assembly to be State Auditor General for the term 2021-2026.
Tuan won 92.17% of parliament members' votes on Friday.
The State Audit Office, an agency established by the National Assembly, operates autonomously in auditing the management and use of public finances and assets in line with the laws.
Ngo Van Tuan, State Auditor General. Photo courtesy of the government's portal.
Ngo Van Tuan, 51, holds a master's degree in economics and is a Party Central Committee member.
During his time at the Ministry of Finance, he was deputy head of the financial policy department; deputy chief of the ministry's Office cum assistant to the Minister; and head of the department of banks and financial institutions finance.
In 2017, he was appointed deputy head of the Party Central Economic Commission. In June 2019, he assumed charge as deputy Party chief of Hoa Binh province. From October 2020, he was Party chief of the northern province.
Tuan was appointed Deputy State Auditor General in charge of the State Audit Office of Vietnam this July. The same day, the Party Politburo appointed him as the State Audit Office's Party chief.
The Politburo had earlier appointed Tran Sy Thanh as deputy Party chief of Hanoi, moving him from his erstwhile post of State Auditor General. Thanh took charge as Hanoi mayor in July.
Dien Bien province's Party chief Nguyen Van Thang was also voted by the National Assembly Friday to be Minister of Transport for the 2021-2026 term, replacing Nguyen Van The who resigned.
On the same day, acting Health Minister Dao Hong Lan was approved by the legislative body to be Minister, also following Prime Minister Pham Minh Chinh's nomination.
- Read More
SHB charts path toward becoming next-generation national-scale bank
Saigon-Hanoi Commercial Joint Stock Bank (SHB) is positioning itself as a “next-generation national-scale bank,” a strategy that reflects its ambition to expand beyond traditional banking and play a broader role in Vietnam’s economic development.
Banking - Fri, May 29, 2026 | 7:50 pm GMT+7
Vietnam’s mid-sized lender OCB names tech veteran Chris Shayan acting CEO
Orient Commercial Joint Stock Bank (HoSE: OCB) has appointed foreign AI and financial technology expert Chris Shayan as its new acting CEO, effective June 1, 2026.
Banking - Fri, May 29, 2026 | 6:05 pm GMT+7
MB wins 5 Sao Khue awards for digital banking solutions
Military Commercial Joint Stock Bank (MB) has won five Sao Khue Awards 2026 for its digital banking products and technology solutions, marking the eighth consecutive year the lender has been honored at one of Vietnam’s most prestigious information technology and digital transformation awards.
Companies - Fri, May 29, 2026 | 4:51 pm GMT+7
Phat Dat deposits $34 mln to join Lotte in mega project in HCMC
Phat Dat Real Estate Development Corporation (HoSE: PDR) has transferred a VND900 billion ($34.19 million) deposit to advance a potential partnership with Lotte’s unit in the development of the Thu Thiem Eco Smart City project in Ho Chi Minh City.
Real Estate - Fri, May 29, 2026 | 4:01 pm GMT+7
Herbalife’s Vietnam earnings hit $77.5 mln in Q1
Herbalife, a global multi-level marketing corporation selling dietary supplements, recorded $77.5 million in net sales in Vietnam in the first quarter of 2026, according to its filing to the U.S. Securities and Exchange Commission (SEC).
Companies - Fri, May 29, 2026 | 3:00 pm GMT+7
Thai conglomerates seek to expand long-term investment in Vietnam
Vietnam's top leader To Lam said Vietnam is ready to facilitate Thai investors with strong capabilities, experience and long-term commitments, as the country seeks to deepen economic ties with the neighboring country.
Industries - Fri, May 29, 2026 | 1:49 pm GMT+7
Sun Group, Central Pattana sign strategic partnership to pioneer next-generation mixed-use developments in Vietnam
Vietnam's leading developer Sun Group and Central Pattana, a member of Central Group and Thailand’s No.1 retail-led mixed-use developer, on Thursday signed an MoU on strategic partnership, laying the foundation for a new generation of world-class retail and mixed-use complexes across Vietnam.
Real Estate - Fri, May 29, 2026 | 12:11 pm GMT+7
Kido CEO sees breakthrough by late 2026 or early 2027
Kido Group is seeking to convert land currently used by post-equitization subsidiaries into commercial-use property, a move its management said could become a key growth driver if approved by the government.
Companies - Fri, May 29, 2026 | 11:03 am GMT+7
HCMC adds two more housing projects eligible for ownership by foreigners
Ho Chi Minh City has approved two additional residential developments for sale to foreign organizations and individuals, expanding the list of projects open to these groups.
Real Estate - Fri, May 29, 2026 | 7:40 am GMT+7
89% of Vietnam survey respondents consider life insurance 'highly important'
Vietnamese people are paying increasing attention to financial planning, family protection and preparation for long-term risks, with up to 89% of respondents viewing life insurance as “highly important in daily life”, according to the Insurance Association of Vietnam (IAV).
Companies - Thu, May 28, 2026 | 8:57 pm GMT+7
Vietnam's Pharmacity chain secures growth capital from LeapFrog to quicken expansion
Pharmacity, Vietnam’s leading modern retail pharmacy chain, has raised growth capital from private equity firm LeapFrog Investments to accelerate its expansion and deepen access to quality healthcare across Vietnam.
Companies - Thu, May 28, 2026 | 8:23 pm GMT+7
Top leader shares vision of complementary economic space between Vietnam, Thailand
Vietnam and Thailand should move beyond traditional bilateral cooperation and jointly build an economic space that complements both countries and ASEAN at large, said Party General Secretary and President To Lam.
Economy - Thu, May 28, 2026 | 6:07 pm GMT+7
Thailand’s TCC Group eyes logistics, recycling in Vietnam
Party chief and President To Lam said he welcomed major Thai corporations, including TCC Group, to expand operations in Vietnam.
Industries - Thu, May 28, 2026 | 3:21 pm GMT+7
Deposit rates remain elevated: Where can savers get best returns?
Bank deposits are regaining appeal as an investment channel as deposit rates at some Vietnamese commercial banks have climbed to as high as 8-10% per year.
Banking - Thu, May 28, 2026 | 11:43 am GMT+7
F88 named among Vietnam’s top 3 workplaces in 2026: A people-first strategy in focus
F88 has been named among the Top 3 Best Workplaces in Vietnam 2026 in the large enterprise category, an accolade that reflects the company’s long-term focus on employee development and workplace culture built on trust, support and career growth.
Companies - Thu, May 28, 2026 | 10:54 am GMT+7
Taiwanese FDI into Vietnam: The shift of the value chain
Taiwanese investment in Vietnam is shifting from low-cost assembly toward higher-value sectors such as semiconductors, AI servers, networking equipment, and industrial robotics, positioning the country as a deeper link in the global technology supply chain.
Industries - Thu, May 28, 2026 | 8:47 am GMT+7
