Police ask 8 involved in AIC Group equipment bidding scam to surrender

By Ta Nguyen
Fri, November 11, 2022 | 5:48 pm GMT+7

Eight Vietnamese people suspected of involvement in a scam at the AIC Group regarding medical equipment procurement are absconding and should surrender, says the Ministry of Public Security.

The ministry said Friday that the eight absconders were facing criminal charges in a medical equipment bidding scam. Surrendering to the police would allow them to get lenient sentence recommendations, it added.

On top of the wanted list is AIC chairwoman Nguyen Thi Thanh Nhan, 53, who has been absconding since June 19, 2021.

"Everyone has the right to arrest and immediately bring a wanted person to the nearest police station, prosecutor’s office or the people's committee," a police release had said in May.

Nguyen Thi Thanh Nhan, chairwoman of AIC. Photo courtesy of the group.

Nguyen Thi Thanh Nhan, chairwoman of AIC. Photo courtesy of the group.

Others on the list include Tran Manh Ha, 51, deputy CEO of the Hanoi-headquartered company; and Do Van Son, 45, the firm’s former chief accountant.

Nguyen Thi Sen, 38, former director of the Medical Equipment and Environment JSC, is also wanted, as is 60-year-old Nguyen Thi Tich, director of Mopha JSC, a Hanoi-headquartered supplier of machinery and equipment.

All the five people mentioned above are Hanoians.

Ngo The Vinh, 57, director of the Viet Tien Dental Equipment Trading Co., Ltd., HCMC, is the sixth person on the wanted list. Vinh has U.S. citizenship and is living in the U.S., according to the police announcement.

Nguyen Dang Thuyet, 52, is the seventh. The Hanoi resident is former director of Thanh An Hanoi Co., Ltd. He is also living in the U.S.

The eighth is HCMC resident Do My Hanh, 40, chairwoman of Cat Van Sa International Company.

The scam involves the VND1,904 billion ($82.43 million) amended Dong Nai General Hospital investment project which had been approved by the Dong Nai province People's Committee with the hospital as the investor.

Investigators say there were violations in the process of making project adjustment documents and bidding documents for 12 medical equipment procurement bidding packages in the period 2013-2015.

Staff of the investor; AIC; the consulting unit for project formulation, bidding document preparation, and bid evaluation; and the price appraisal unit "colluded to inflate the price" so that AIC won 12 bidding packages with a total value of $20.77 million. The act “caused damage to state assets”, estimated at about $6.58 million.

AIC was established in 2005, specializing in labor export. The company has grown into multi-sector AIC Group, with more than 10 member companies and an annual revenue of trillions of Vietnamese dong (VND1 trillion = $43.29 million).

In recent years, AIC Group has won many bidding packages to supply equipment in the fields of healthcare and education across the country.

Comments (0)
  • Read More
Vietnam's telco giant Viettel signs deal with France’s John Cockerill Defense

Vietnam's telco giant Viettel signs deal with France’s John Cockerill Defense

Viettel High Tech, the core military and civilian R&D arm of Vietnam’s military-run telecom giant Viettel, has signed a cooperation agreement with John Cockerill Defense, a leading weapon designer and manufacturer in France.

Companies - Thu, May 29, 2025 | 9:14 pm GMT+7

MB showcases comprehensive financial solution Biz MBBank at Digital Transformation Day event

MB showcases comprehensive financial solution Biz MBBank at Digital Transformation Day event

Vietnam's leading bank MB on Thursday introduced its latest digital technology solutions, notably the Biz MBBank digital financial platform, at the "Smart Digital Ecosystem in the New Era" event organized by the central bank.

Companies - Thu, May 29, 2025 | 8:02 pm GMT+7

Vietnam's auto distributor TMT to launch $3.8 mln charging station firm

Vietnam's auto distributor TMT to launch $3.8 mln charging station firm

Vietnamese auto distributor TMT Motors has announced the establishment of a charging station company with a charter capital of VND100 billion ($3.84 million).

Companies - Thu, May 29, 2025 | 4:45 pm GMT+7

US's Excelerate Energy affirms intention to turn Vietnam into LNG hub for ASEAN

US's Excelerate Energy affirms intention to turn Vietnam into LNG hub for ASEAN

Excelerate Energy wants to make Vietnam a center for LNG distribution to the ASEAN region, president and CEO Steven Kobos told Prime Minister Pham Minh Chinh at a meeting in Hanoi on Thursday.

Energy - Thu, May 29, 2025 | 4:33 pm GMT+7

Bourse shifts to heat up Vietnam's banking stocks

Bourse shifts to heat up Vietnam's banking stocks

Several Vietnamese banks are planning to move their shares from the Unlisted Public Companies Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE) this year, creating new momentum for banking stocks, long dubbed the “king” group.

Finance - Thu, May 29, 2025 | 2:48 pm GMT+7

Dairy giant TH Group proposes 5 projects in southern Vietnam

Dairy giant TH Group proposes 5 projects in southern Vietnam

TH Group, one of Vietnam’s leading dairy producers, has proposed five major projects in the southern province of Binh Phuoc, in the fields of industrial production and urban area, golf course and high-tech agricultural production zone developments.

Industries - Thu, May 29, 2025 | 12:02 pm GMT+7

2024 cyberattack 'a blessing in disguise' for Vietnam's leading broker VNDirect: chairwoman

2024 cyberattack 'a blessing in disguise' for Vietnam's leading broker VNDirect: chairwoman

The cybersecurity breach that major Vietnamese brokerage VNDirect Securities encountered in 2024 was "an unfortunate incident, but also a lucky chance", chairwoman Pham Minh Huong said on Wednesday.

Finance - Thu, May 29, 2025 | 9:48 am GMT+7

Vietnam prioritizes smart, green seaport projects: Deputy PM

Vietnam prioritizes smart, green seaport projects: Deputy PM

Vietnam encourages smart and green seaport investments, as technical barriers related to CO2 emissions and CO2 taxes begin to be tightened up globally.

Infrastructure - Wed, May 28, 2025 | 10:07 pm GMT+7

New Zealand, Vietnam expand timber trade partnership

New Zealand, Vietnam expand timber trade partnership

New Zealand Forestry and Trade Minister Todd McClay on Tuesday unveiled a new bilateral agreement with Vietnam designed to boost timber exports and remove potential trade barriers in the two countries' forestry sectors.

Companies - Wed, May 28, 2025 | 8:53 pm GMT+7

Norway vows to support Vietnam's energy transition

Norway vows to support Vietnam's energy transition

Norway is committed to supporting Vietnam’s energy transition, Norwegian Ambassador to Vietnam Hilde Solbakken said at a technical seminar held in Hanoi on Wednesday.

Companies - Wed, May 28, 2025 | 8:49 pm GMT+7

Thailand expected to become regional luxury retail hub

Thailand expected to become regional luxury retail hub

Thailand's luxury retail market is valued at $4.4 billion and projected to grow by approximately 5% annually through 2028, placing the country at the forefront of luxury retail in Southeast Asia and seventh in Asia-Pacific, according to property consultant CBRE Thailand.

Southeast Asia - Wed, May 28, 2025 | 8:44 pm GMT+7

Indonesia affirms role as leading global maritime hub

Indonesia affirms role as leading global maritime hub

The Indonesia Maritime Expo, held as part of Indonesia Maritime Week 2025 on May 26-28, is the first large-scale maritime event in the country, aiming to affirm its role as a global maritime hub and promote the sustainable development of the region’s maritime industry.

Southeast Asia - Wed, May 28, 2025 | 8:41 pm GMT+7

Vietnam benchmark VN-Index hits 3-year high

Vietnam benchmark VN-Index hits 3-year high

The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), recorded a four-day gaining streak on Wednesday, rising 2.06 points, or 0.15%, to 1,341.87 points - the highest since May 2022.

Finance - Wed, May 28, 2025 | 6:37 pm GMT+7

HSBC launches sustainability improvement loan in Vietnam

HSBC launches sustainability improvement loan in Vietnam

HSBC has introduced its Sustainability Improvement Loan, a new financing solution tailored for businesses with annual turnover less than $550 million, in Vietnam, after launching it in 12 markets including the UK, Middle East, Hong Kong and Singapore last year.

Banking - Wed, May 28, 2025 | 6:15 pm GMT+7

CMA CGM, Saigon Newport to jointly develop deep-sea terminal in northern Vietnam

CMA CGM, Saigon Newport to jointly develop deep-sea terminal in northern Vietnam

France's CMA CGM Group, a global player in sea, land, air, and logistics solutions, has signed a partnership agreement with Vietnam's Saigon Newport Corporation (SNP) to develop a deep-water terminal in Hai Phong city, northern Vietnam.

Infrastructure - Wed, May 28, 2025 | 5:01 pm GMT+7

Japan’s chipmaker Rapidus pledges semiconductor workforce training for Vietnam

Japan’s chipmaker Rapidus pledges semiconductor workforce training for Vietnam

Rapidus Corporation, a semiconductor manufacturer of Japan, has affirmed its readiness to train semiconductor workforce for Vietnam.

Economy - Wed, May 28, 2025 | 3:21 pm GMT+7