Vietnam assigns vice chairman to take charge of parliament
National Assembly standing Vice Chairman Tran Thanh Man has been tasked with running the national parliament after Chairman Vuong Dinh Hue was dismissed from his position.
National Assembly standing Vice Chairman Tran Thanh Man. Photo courtesy of the legislative body.
An extraordinary National Assembly meeting Thursday afternoon took the decision to dismiss Hue from the positions of chairman of the parliament, member of the National Security and Defense Council and member of the legislative body.
The National Assembly Standing Committee then assigned Tran Thanh Man to head the committee as well as the National Assembly until related personnel issues are settled.
Man, 62, holds a doctorate in economics. He is a Party Central Committee member for its 11th-13th tenures, Secretary of the 12th Party Central Committee, a member of the 13th Politburo - the country's highest decision making body, and a National Assembly member for the 13th-15th terms.
Before being elected Vice Chairman of the National Assembly in April 2021, Man was Chairman of the Can Tho city People's Committee, Secretary of the municipal Party Committee, and Chairman of the Central Committee of the Vietnam Fatherland Front.
The National Assembly currently has four vice chairmen including Man, the others being: Nguyen Duc Hai, Nguyen Khac Dinh, and Tran Quang Phuong.
Previously, on April 26, the Party Central Committee accepted the resignation of Vuong Dinh Hue, a member of the Poliburo, and chairman of the National Assembly.
Hue also resigned from the Party Central Committee, the Party Central Committee Office said in a statement after an extraordinary committee session.
The committee said reports from the Central Inspection Committee and other relevant agencies show that Hue violated the Party members' code of conduct and regulations on the responsibility of cadres and Party members to set a good example.
His violations and shortcomings "caused bad public opinion, affecting the reputation of the Party, the State, and himself". Aware of his responsibility to the Party, the State and the people, Hue submitted his resignation, the committee stated.
- Read More
Vietnam’s first LNG-fired power plants to enter commercial operation in Jun-Sept 2025
Nhon Trach 3 and Nhon Trach 4, Vietnam’s first LNG-to-power plants, will begin commercial operations in June and September 2025, respectively, says project investor PV Power.
Energy - Sat, November 16, 2024 | 3:20 pm GMT+7
Vinhomes spends $276 mln on buying back 162 mln shares, more than half to go
Vinhomes, the largest housing developer in Vietnam, has spent around VND7 trillion ($275.7 million) on implementing its record buyback plan since kick-starting it on October 23.
Finance - Sat, November 16, 2024 | 1:21 pm GMT+7
Indonesia secures funding for green power infrastructure at COP29
Indonesia has attracted EUR1.2 billion ($1.26 billion) worth of green funding for the electricity sector from Germany’s Kreditanstalt für Wiederaufbau (KfW) at the 29th UN Climate Change Conference of the Parties (COP29) in Baku, Azerbaijan.
Southeast Asia - Sat, November 16, 2024 | 10:10 am GMT+7
Hanoi-based fledgling firm spends $12.3 mln on buying 17.2 mln shares of lender VIB
Hanoi-based Quang Kim Development and Investment JSC acquired 17.2 million shares of Vietnam International Commercial Joint Stock Bank (HoSE: VIB) on Monday.
Banking - Sat, November 16, 2024 | 9:47 am GMT+7
Vietnam can utilize Trump’s policies to enhance position in global supply chains: experts
Vietnam can take the advantage of protectionist economic policies by Donald Trump, the 47th president of the U.S., to strengthen its position in global supply chains, attract foreign investment, and drive sustainable economic growth, write Dr. Tran Ngoc Mai and Prof. Dr. Doan Ngoc Thang, lecturers at the Banking Academy of Vietnam.
Top News - Sat, November 16, 2024 | 9:30 am GMT+7
GenAI set to increase Thai GDP by 6% by 2030
Generative artificial intelligence (GenAI) is projected to raise Thailand's GDP by 6% by 2030, with hefty contributions from the trade and manufacturing sectors, according to a joint online survey by SCB X and SCB Economic Intelligence Centre (SCB EIC) of the country.
Southeast Asia - Sat, November 16, 2024 | 9:00 am GMT+7
Thailand prepares for nuclear energy
Thailand’s Energy Regulatory Commission (ERC) will start looking into the legal aspects of a small modular reactor project this month to prepare Thailand for using nuclear energy.
Southeast Asia - Sat, November 16, 2024 | 8:30 am GMT+7
Data is money, big money: Vietnam tech giant FPT
Vietnamese tech giant FPT Corporation views data as a new resource and is determined to convert it into money and an artery of the economy, says its general director Nguyen Van Khoa.
Companies - Sat, November 16, 2024 | 7:18 am GMT+7
US to support Indonesia in developing small modular nuclear reactors
The U.S. has pledged to assist Indonesia in accelerating the development of small modular nuclear reactors (SMRs), according to Indonesia's Presidential Office.
Southeast Asia - Sat, November 16, 2024 | 12:13 am GMT+7
Singapore's venture capital market grows increasingly attractive
Despite a slump in funding, Singapore’s venture capital market remained active in the first nine months, The Straits Times reported.
Southeast Asia - Sat, November 16, 2024 | 12:08 am GMT+7
VinFast CEO-owned firm secures extra deal to lease EVs to ride-hailing firm
A taxi service provider based in Vietnam’s central province of Binh Dinh will lease 1,000 VinFast electric cars from an electric vehicle (EV) leasing firm that is 90% owned by billionaire Pham Nhat Vuong, the CEO of the Vietnamese carmaker.
Companies - Fri, November 15, 2024 | 8:35 pm GMT+7
Chinese, Vietnamese firms plan $2 bln renewable energy-hydrogen project
3TI Progetti Asia, a local planning-design business, and two Chinese firms plan to invest $2 billion in a hydrogen production project using renewable energy in Vietnam's south-central province of Ninh Thuan.
Energy - Fri, November 15, 2024 | 7:35 pm GMT+7
US Treasury retains Vietnam on ‘monitoring list’ for currency management
Vietnam, a major trading partner, remains on the U.S. Treasury Department’s “monitoring list,” the department has affirmed in its November 2024 report to the Congress.
Economy - Fri, November 15, 2024 | 4:48 pm GMT+7
Vietnam developer Becamex IDC plans to auction 300 mln shares
Becamex IDC Corp, a leading eco-industrial and urban real estate developer in Vietnam, plans to auction 300 million shares with a minimum starting price of VND50,000 ($1.97) apiece on the Ho Chi Minh Stock Exchange (HoSE).
Companies - Fri, November 15, 2024 | 4:43 pm GMT+7
Vietnam shares end in red as US dollar climbs to new high
The U.S. dollar has strengthened against the Vietnamese dong to reach a fresh high on Friday, hampering investor sentiment on the stock market.
Finance - Fri, November 15, 2024 | 4:34 pm GMT+7
IFC invests $1.6 bln in Vietnam, focusing on green transition, private sector resilience
IFC, the private sector lending arm under the World Bank Group, has committed to provided loans totaling over $1.6 billion, including more than $750 million in long-term finance, in Vietnam in its fiscal year ending June 30.
Banking - Fri, November 15, 2024 | 3:09 pm GMT+7
