Vinh Phuc province has new Party chief following predecessor's arrest
Duong Van An has been appointed the new Party chief of Vinh Phuc province after his predecessor was arrested pending investigations of corruption charges.
The erstwhile Party chief of Binh Thuan province was appointed to his new post on Monday by the Politburo, Vietnam's premier decision-making body.
An, 53, was born in Phu Ho commune, Phu Vang district, the central province of Thua Thien-Hue. He has a PhD in economics, a masters degree in political economy, and a bachelor’s in geographical sciences.
Duong Van An, new Secretary of the Party Committee of Vinh Phuc province, northern Vietnam. Photo courtesy of the People's Commitee of Binh Thuan province.
An was previously (September 2009 to March 2014) Secretary of the Central Committee of the Ho Chi Minh Communist Youth Union for its ninth and 10th tenures; and Standing Vice Chairman of the National Committee on Youth of Vietnam.
In March 2014, the Politburo appointed him deputy chief of the Party Committee of Binh Thuan province in south-central Vietnam.
At the 14th Party Congress of Binh Thuan, An was appointed chief of the provincial Party Committee.
He is currently a member of the 13th Party Central Committee and the 15th National Assembly.
His latest appointment follows the March 8, 2024 arrest of Hoang Thi Thuy Lan, until then chief of Vinh Phuc province's Party Committee, on charges of accepting bribes in a scandal linked to real estate firm Phuc Son Group.
Lan had held the top position in Vinh Phuc since February 2015. She was also chairwoman of the province’s People's Council.
Vinh Phuc province is an industrial hub in northern Vietnam which hosts multinationals like Toyota, Honda, Piaggio, De Heus, Sojitz, and Haesung.
The National Assembly’s Standing Committee has suspended Lan’s membership to facilitate criminal investigations.
- Read More
Hanoi eyes massive replanning of Red River corridor, relocation of riverside communities
Hanoi plans to gradually relocate and reorganize all residential areas outside the Red River dike system as part of an ambitious urban redevelopment strategy aimed at transforming both banks of the river into a new economic and cultural corridor for the capital.
Economy - Thu, May 7, 2026 | 5:04 pm GMT+7
Thaco, VinFast, TC Group urge Vietnam gov't to keep auto sector under conditional business rules
Vietnam’s three major domestic automotive corporations - Thaco, VinFast and TC Group - have urged the government to maintain automobile manufacturing, assembly and import activities within the list of “conditional business sectors,” warning that deregulation could weaken the country’s long-term industrial strategy and expose local producers to unfair competition.
Economy - Thu, May 7, 2026 | 4:09 pm GMT+7
Prudential Vietnam remits $194 mln in retained earnings to parent company
Prudential Vietnam transferred over VND5.1 trillion ($194 million) in retained earnings to its parent company, Prudential Corporation Holdings, earlier this year, according to disclosures in its 2025 financial statements.
Finance - Thu, May 7, 2026 | 3:33 pm GMT+7
$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






















