Court reviews swindling case of ex-Vietinbank official
The High-level People’s Court in Ho Chi Minh City on May 28 opened a trial to review the case in which Huynh Thi Huyen Nhu, an ex-official of Vietinbank, and her accomplice were charged with swindling to appropriate 1.085 trillion VND (43.8 million USD) of five companies.
Huynh Thi Huyen Nhu at the appeal trial on May 28 (Photo: VNA)
HCM City (VNA) – The High-level People’s Court in HoChi Minh City on May 28 opened a trial to review the case in which Huynh ThiHuyen Nhu, an ex-official of Vietinbank, and her accomplice were charged withswindling to appropriate 1.085 trillion VND (43.8 million USD) of fivecompanies.
According to the first instance trial’s verdictannounced on February 9, from May to September 2011, Huynh Thi Huyen Nhu, whowas then a controller and acting head of the Dien Bien Phu transaction officeof the HCM City branch of Vietinbank, persuaded five companies, namely OrientSecurities Corporation, Hung Yen Investment JSC, SaigonBank Berjaya SecuritiesCompany, Global Insurance Corporation, and An Loc Company, to deposit money inthe Nha Be and HCM City branches of Vietinbank. She promised them interestrates higher than the ceiling rate regulated by the State.
Nhu took advantage of accounts at Vietinbank,used many tricks and faked seals and documents to appropriate the money ofthese companies.
The verdict said the companies made the illegalagreements outside Vietinbank offices and let Nhu use their accounts, whichcreated conditions for her to appropriate their assets. As these civil plaintiffsviolated law, they would not be protected by law and the person whoappropriated their money must compensate for their losses.
Nhu was given life imprisonment while heraccessory, Vo Anh Tuan (former deputy director of the Nha Be branch), was sentencedto seven years in prison, also for the guilt of swindling to appropriateassets.
Nhu was ordered to compensate four companies,and Tuan would have to compensate one company. The total compensation they mustpay is over 1.085 trillion VND.
After the verdict announcement, Nhu did notlodged any appeals, but Tuan appealed for leniency and four of the fivecompanies also appealed against the ruling.
At the appeal trial, the High-level People’sProcuracy in HCM City asked the jury to uphold the seven-year imprisonment forTuan, saying that his appeal did not provide any new details.
It also proposed the four companies’ appeal berejected and Nhu’s sentence and compensation responsibility be kept.
Meanwhile, these plaintiffs said they hadlegally deposited money in Vietinbank and their money had been recorded in thebank’s system. They added that it was Vietinbank’s fault in managing itsclients’ money, which created conditions for Nhu to appropriate their money, soit is the bank’s responsibility, not Nhu’s, for paying the compensation.
The People’s Court of HCM City opened the first instance trial on February 8 for two former employees of Vietinbank for swindling over 1.085 trillion VND from five companies.
The HCM City People’s Procuracy on February 9 proposed life imprisonment for Huynh Thi Huyen Nhu, former deputy chief of the Risk Management Section of VietinBank’s HCM City branch, for “swindling to appropriate assets.”
The Supreme People’s Court on February 10 sentenced Huynh Thi Huyen Nhu, former deputy chief of the Risk Management Department of the HCM City branch of VietinBank, for “swindling to appropriate assets” to life imprisonment.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
The Mekong Delta province of Tien Giang is intensifying efforts to combat illegal, unreported and unregulated (IUU) fishing as part of the country’s goal of having the European Commission’s “yellow card” warning lifted.
Throughout its 80-year history, the VNA has remained at the forefront of information dissemination. It has consistently delivered timely, accurate, and objective reports on both domestic and international events, serving the Party’s leadership, the State’s management, and the public’s demand for official news.
With strong support from local authorities, businesses, organisations, and residents, the province has successfully built or repaired 10,707 homes for disadvantaged households, including war veterans, families of martyrs, ethnic minority people, and low-income residents.
Throughout its resistance against colonialists and imperialists, Vietnam developed a revolutionary press that has served as a benchmark for just and legitimate causes worldwide.
Founded in 1842, the Vienna Philharmonic is regarded as a cultural ambassador of Austria, with prestigious conductors like Mahler and Karajan who shape its legacy. Its New Year’s Concert, broadcast to over 90 countries annually, stands as a global symbol of classical music excellence.
Huynh Thi Huyen Nhu at the appeal trial on May 28 (Photo: VNA) 
