Eighteen people including a former general director of Agribank, one of the largest banks in Vietnam, were prosecuted for causing the bank a loss of more than 2.75 trillion VND (122.4 million USD).
Eighteen people including a former general director of Agribank, one of the largest banks in Vietnam, were prosecuted for causing the bank a loss of more than 2.75 trillion VND (122.4 million USD).
From 2008 to 2012, foreign-owned company Lifepro Vietnam, set up in 2007, applied for a loan of 2.52 trillion VND (121.1 million USD) from Agribank's South Hanoi branch in order to build a "Luxfashion factory" in Gian Khau Industrial Park in Ninh Binh province.
A group of foreigners on the company's management board – including Chinese-citizen board chairman Yang Hong; Canadian citizens Ahmed El Fehdi, Boubker El Fehdi and Driss Bou Chama; and Italian citizen Manuela Polga - listed six nonexistent high-end fashion brands as mortgages for the loans.
The group of foreigners fled from Vietnam after receiving the money. International arrest warrants were issued for those individuals.
In addition, the bank lost more than 231 billion (10.2 million USD) when the company provided false declarations on the imported garments and machineries for the factory.
Police found that over those four years, the bank branch's former director, Pham Thi Bich Luong, repeatedly asked the bank's management board to allow her to sign the loans for three separate, but related, companies: Lifepro Vietnam Joint-venture Company, Vietmade Co., JSC., and Lifepro Vietnam Joint-stock Company.
However, the loans signed by Luong were not given out, based on the bank's independent checks on those companies.
A number of banking officers at the branch were also allegedly involved in the wrongful loan-decision making.
At Agribank's headquarters, a handful of high-level managers from general director to head of the enterprise credit division are facing a charge of "lack of responsibility that resulted in serious consequences" when they allegedly allowed Luong to sign off on the loans.
Former general director of Agribank, Pham Thanh Tan, was allegedly found to have received a total of 310,000 USD from Luong to sign an extra 75 million USD for its South Hanoi branch.
Four other customs officials, including Ha Tay Customs Sub-Department former deputy head Luong Thi Yen, were also prosecuted for allegedly breaching regulations in clearance procedures for the Lifepro Vietnam Company, causing a loss of tariff collection for the country.-VNA
Deputy Director of the Hanoi Department of Agriculture and Rural Development Phan Minh Nguyet has been arrested and prosecuted on the charge of abusing position and power while performing duties, the police said on February 27.
The Investigation Police Agency under the Ministry of Public Security on July 21 issued a decision to prosecute and arrest Nguyen Xuan Son, former Oceanbank General Director.
Six ex-railway officials, who were found sharing a total of 11 billion VND (504,000 USD) in kickbacks from a Japanese consultant firm in relation to an ODA-funded urban railway project in Hanoi from 2009-2014, have been prosecuted on the charge of “abusing position and power while performing official duties”.
The Investigation Police Department under the Public Security Ministry on July 17 arrested and launched criminal proceeding against two former executives of the Global Petroleum Joint Stock Commercial Bank (GP Bank), Ta Ba Long and Doan Van An.
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.
PM Chinh lauded the press’s historic role in the nation’s fight for independence and its ongoing process of national development, affirming that the Government always highly appreciates the close partnership and steadfast support of press agencies and journalists nationwide.
In recent decades, Vietnam’s mainstream media has become a reliable and persuasive channel for showcasing the nation’s development policies and achievements, especially in economic matters, according to a senior assistant editor at the Times of India.
A hub for sharing best practices, the event aims to forge solutions for financial sustainability, public media contracts, audience engagement, content innovation, and newsroom restructuring. It is also a moment for Vietnam’s media to accelerate its progress and figure out what the “revolutionary press” means in a new era.
From “Thanh nien”, Vietnam’s first revolutionary newspaper founded by Nguyen Ai Quoc (later President Ho Chi Minh) on June 21, 1925, the revolutionary press has remained devoted to its sacred missions -accompanying the nation, serving the Fatherland, and working for the people.
The official launch of Emirates’ Dubai–Da Nang route on June 2 has sparked a “tourism revolution” for Vietnam’s central coastal city. Da Nang is emerging as a top destination for high-end travelers, particularly from the lucrative Middle Eastern market.
Bernama CEO Datin Paduka Nur-ul Afida Kamaludin said VNA has been a consistent and reliable partner in OANA, contributing actively to the regional media landscape through content sharing, coordination, and policy discussions. Their coverage of ASEAN and Indochina issues adds valuable perspectives. Bernama appreciates the collaboration with VNA.
