Vietnam Register leaders receive bribes on monthly, quarterly basis: authorities
Up to 248 people have been put under further investigation on charges of receiving bribes, brokering bribes and other violations in a scam related to vehicle registration centers across the country.
At the government's regular press conference on Thursday, responding to a question about the investigation into violations at vehicle registration entities, Ministry of Public Security spokesperson To An Xo said that up to now, local police have searched Vietnam Register and 32 vehicle registration centers across the country, prosecuting 248 defendants for crimes like accepting bribes, brokering bribes, and forging at work.
The Lieutenant General emphasized that this is a case of organized violations, systematic negative behavior, from Vietnam Register leaders, heads of some departments of the agency to the directors of registration centers, causing great losses to society.
"Some leaders of Vietnam Register and its Motor Vehicle Inspection Department received bribes on a monthly or quarterly basis to ignore errors in the registration of license applications, ignored errors, and signed and approved the issuance of registration codes, etc," he noted.
Lieutenant General To An Xo, spokesperson of the Ministry of Public Security. Photo courtesy of Tien Phong newspaper.
Xo said that since the police agency searched a number of registration centers, there were public opinions that the police investigation had affected people (some centers were suspended or narrowed down activities).
However, it should be affirmed that the investigation process has not affected vehicle registration activities, because up to now, the police agency has not made any decision on stopping or suspending the operation of registration centers.
"The proceedings are completely in accordance with the law, only confiscating evidence related to the crimes. During the process of the police agency searching a number of registration centers, there were individuals who intended to notify the registration centers across the country that it would be shut down to put pressure on the police agency. The police agency warned these individuals and their tricks did not work," he said.
Currently, the Ministry of Public Security has proposed to the Ministry of Transport to implement groups of solutions to improve the efficiency of state management in this area.
Regarding progress of the investigation into the Viet A Company Covid kit test scam, Xo said that, currently 104 defendants have been prosecuted and seen their assets of about VND1,700 billion ($498.95 million) blocked.
Regarding the repatriation flight scam, so far 41 people have been prosecuted.
Accordingly, the Ministry of Public Security aims to finish investigating these two cases in the first quarter of 2023, but does not rule out the possibility of new details emerging in the investigative process.
- Read More
Vinhomes to cease land bank expansion in Vietnam, focus on capitalizing on existing projects
Vietnam’s largest listed property developer Vinhomes, a subsidiary of Vingroup (HoSE: VIC), will stop acquiring new land in the domestic market, shifting its focus toward developing its existing portfolio and extracting greater value from projects already under its control, chairman Pham Thieu Hoa said.
Companies - Wed, June 17, 2026 | 5:19 pm GMT+7
State-controlled machinery firm VEAM announces highest dividend payout in 4 years, stock listing still on hold
Vietnam Engine and Agricultural Machinery Corporation (VEAM) plans to pay more than VND6.96 trillion ($264.46 million) in dividends for 2025 at a payout ratio of 52.4%, its record high in four years, while its long-delayed stock exchange listing remains on hold due to unresolved legacy issues.
Companies - Wed, June 17, 2026 | 3:30 pm GMT+7
Aeon Mall Vietnam achieves double-digit growth in 2025, accelerates network expansion
Japan’s retail giant Aeon Mall continued to record strong growth in Vietnam last year while accelerating the expansion of its network in Danang, Thanh Hoa, Quang Ninh, and several other localities across the country.
Economy - Wed, June 17, 2026 | 2:53 pm GMT+7
Palm City project enters new development phase as Palm River subdivision launched
Nam Rach Chiec Company Limited, together with Huong Viet Properties, recently held the Palm City Urban Area kick-off ceremony and officially launched the Palm River subdivision, marking the beginning of a new development phase for the 30.2-hectare urban township in Ho Chi Minh City.
Real Estate - Wed, June 17, 2026 | 11:27 am GMT+7
Petrovietnam's assets top $44.8 bln in 2025, profit jumps 39%
Petrovietnam ended 2025 with total assets exceeding VND1,178 trillion ($44.8 billion), up nearly VND100 trillion ($3.8 billion) from a year earlier, while reporting a 39% increase in net profit and maintaining one of the country's largest cash positions.
Companies - Wed, June 17, 2026 | 8:00 am GMT+7
Coteccons dismisses concerns over executive departure, competition from Vingroup's arm
Vietnam's leading contractor Coteccons (HoSE: CTD) said a recent change in senior management was unrelated to the company's share price performance, as executives highlighted record order backlog and accelerating earnings growth amid a recovery in Vietnam's construction industry.
Companies - Tue, June 16, 2026 | 5:26 pm GMT+7
VinaCapital lists 2 strategic ETFs as Vietnam fund market broadens
Vietnam’s leading investment management firm VinaCapital has listed two strategic exchange-traded funds (ETFs) on the Ho Chi Minh City Stock Exchange, expanding investment options for investors seeking targeted exposure to Vietnam's long-term economic growth themes.
Finance - Tue, June 16, 2026 | 4:39 pm GMT+7
Oil & gas industry gives Vietnam edge in offshore wind supply chain: Global Wind Energy Council CEO
Vietnam is well positioned to play a significant role in the offshore wind power supply chain thanks to its established manufacturing base and expertise developed through its oil & gas industry and existing wind power projects, according to Ben Backwell, CEO of the Global Wind Energy Council (GWEC).
Energy - Tue, June 16, 2026 | 4:31 pm GMT+7
Vietnam banking, retail, oil stocks well placed for market recovery: brokerages
Vietnamese banking, retail and oil-gas stocks are among the sectors best positioned to benefit from a potential market recovery after months of pressure from geopolitical tensions and macroeconomic headwinds, according to local brokerages.
Finance - Tue, June 16, 2026 | 1:04 pm GMT+7
Petrovietnam, Huawei discuss cooperation in digital transformation, AI, energy technologies
State-owned Petrovietnam and China's Huawei Technologies discussed potential cooperation in digital transformation, artificial intelligence and digital energy infrastructure during a meeting last week, as the Vietnamese giant seeks to modernize its operations and expand into new energy sectors.
Companies - Tue, June 16, 2026 | 12:20 pm GMT+7
Over 38% of Vietnamese businesses still face informal costs despite reforms: survey
More than 38% of businesses in Vietnam still pay informal charges, highlighting persistent gaps between regulatory reforms and their implementation, according to a survey by the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Tue, June 16, 2026 | 11:26 am GMT+7
China ready to expand railway, power connectivity with Vietnam: PM
China is prepared to strengthen railway cooperation and enhance power grid connectivity with Vietnam, thereby expanding logistics corridors, trade links, and energy cooperation, said Chinese Premier Li Qiang during a phone talk with his Vietnamese counterpart Le Minh Hung on Monday.
Economy - Tue, June 16, 2026 | 8:52 am GMT+7
VN-Index approaches 1,800-point mark as easing Middle East tensions lift sentiment
Vietnam's benchmark VN-Index edged closer to the 1,800-point threshold on Monday as improving sentiment over easing tensions in the Middle East boosted risk appetite, driving gains in brokerage stocks while oil and Vingroup-related stocks weighed on the market.
Finance - Mon, June 15, 2026 | 8:34 pm GMT+7
Japanese products dominate Vietnamese consumer trust, but younger shoppers rewriting rules
Japanese products continue to enjoy the highest level of trust among Vietnamese consumers, reinforcing the country’s position as the benchmark for quality and reliability in one of Southeast Asia’s fastest-growing consumer markets, according to a new survey by market research firm Q&Me.
Economy - Mon, June 15, 2026 | 6:48 pm GMT+7
VinEnergo ramps up renewable energy push with 4 new subsidiaries
VinEnergo, the energy arm of Vietnamese conglomerate Vingroup, has accelerated its expansion into the power sector, establishing four new subsidiaries within a week as it builds a growing portfolio of renewable energy and infrastructure projects across Vietnam.
Companies - Mon, June 15, 2026 | 4:52 pm GMT+7
Thaco deepens ties with Hyundai Rotem to localize railway manufacturing in Vietnam
Vietnamese conglomerate Thaco and South Korea’s Hyundai Rotem have signed a detailed technology transfer and localization agreement for railway rolling stock production.
Industries - Mon, June 15, 2026 | 4:01 pm GMT+7






















