Vinashin ex-leaders prosecuted for abusing position, power
Four former leaders of the State-run Vietnam Shipbuilding Industry Group (Vinashin), now the Shipbuilding Industry Corporation (SBIC), have been charged with “abusing position and power to appropriate assets”.
Former General Director of Vinashin/SBIC Truong Van Tuyen (L) and former Deputy General Director Pham Thanh Son are among the four prosecuted for“abusing position and power to appropriate assets” (Photo courtesy of the investigation agency)
Hanoi (VNA) – Four former leaders of the State-runVietnam Shipbuilding Industry Group (Vinashin), now the Shipbuilding IndustryCorporation (SBIC), have been charged with “abusing position and power toappropriate assets”.
This is part of the second phase of a caseinvolving violations by former Chairman of the Board of Directors of the OceanCommercial Joint Stock Bank (OceanBank) Ha Van Tham and his accomplices.
The accussed consist of former Chairman of theMembers’ Council of Vinashin/SBIC Nguyen Ngoc Su, former General Director ofthe firm Truong Van Tuyen, former Deputy General Director Pham Thanh Son andformer Chief Accountant Tran Duc Chinh.
According to the Supreme People’s Court’s indictment,they together agreed to make fixed-term deposits at OceanBank to gain extrainterest that was not stated in deposit contracts.
Investigators have found that from 2010 to June2014, Vinashin made more than 2,300 fixed-term deposit contracts involvingnearly 104 trillion VND and some 181 million USD with OceanBank.
From March 2011 to August 2014, Chinh receivedmore than 105 billion VND in extra interest from OceanBank. As agreed by thefour, Chinh was assigned to receive and manage the extra interest to use forthe firm’s activities and divide up the money among them.
The procuracy said Su initiated the depositing,signed 12 deposit contracts and gained 8 billion VND himself. Authorised byTuyen, Chinh also signed many deposit contracts at OceanBank.
The four appropriated a total of 10 billion VNDfor themselves, according to the procuracy.-VNA
The High-Level People’s Court in Hanoi on June 26 upheld the charges and sentences against Dinh La Thang and five of his accomplices in the case involving the National Oil and Gas Group (PetroVietnam)’s contribution of 800 billion VND to the Ocean Commercial Joint Stock Bank (OceanBank).
The Investigation Police Agency under the Ministry of Public Security has issued decisions on prosecuting and detaining Do Van Khanh, former Director General of the PetroVietnam Exploration Production Corporation (PVEP).
Four former executives of Binh Son Refining and Petrochemical JSC (BSR) on January 22 were sentenced to four to eight years in prison for charges of “abusing position and power to appropriate assets”, following a two-day trial.
Two former leaders of the Vietnam-Russia oil and gas joint venture Vietsovpetro have been given prison sentences for “abusing position and power to appropriate assets”.
UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
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.
Former General Director of Vinashin/SBIC Truong Van Tuyen (L) and former Deputy General Director Pham Thanh Son are among the four prosecuted for“abusing position and power to appropriate assets” (Photo courtesy of the investigation agency) 
