Trial opens for banking operation violations at BIDV
The Hanoi People’s Court on October 26 opened the first-instance trial in the case relating to banking operation violations at the Bank for Investment and Development of Vietnam (BIDV).
Defendants at the trial, which opens on October 26 (Photo: VNA)
Hanoi (VNA) - The Hanoi People’s Court on October 26 opened the first-instancetrial in the case relating to banking operation violations at the Bank forInvestment and Development of Vietnam (BIDV).
Asmany as 12 people involved in the case were brought to the trial.
Tran Bac Ha, former chairman of BIDV, was determinedto be the mastermind behind the violations. However, he died in prison inJuly last year after a long illness so his conviction was suspended.
Theaccused include Tran Luc Lang and Doan Anh Sang, former deputy general directors ofBIDV; Kieu Dinh Hoa, former deputy director of BIDV’s Ha Tinh Branch and Le Thi Van Anh,former customer service head of the branch; Ngo Duy Chinh, former director of BIDV’s Ha Thanh Branch, Nguyen Xuan Giap, former deputy director of the branch, Pham Hong Quang, former head of customer servicedivision and Dang Thanh Nam, an official in charge of customermanagement of the branch. They would be prosecuted on charges of violatingbanking regulations.
Othersuspects who are accused of abusing trust to appropriate property include Doan Hong Dung, former director of Trung Dung company; Tran Anh Quang, former director of Binh Ha company; Dinh Van Dung, former director general of the Binh Ha company and Nguyen Thi Thanh Son, former director of Ha Nam company.
Accordingto the indictment, from 2011 to 2016, taking advantage of his position, Ha made a number of wrong-doings such asviolating democratic centralism principles and working regulations to pourmoney into companies that were set up by himself.
Specifically,Ha directed the establishment oftwo companies including An Phu JointStock Company which was owned by Tran Duy Tung – Ha’s son and the Binh Ha Livestock Joint Stock Company. Ha also instructed and approved thegranting of credit with incentives which go against regulations of the StateBank of Vietnam (SBV) and BIDV despite the fact that the two companies did nothave enough financial capital to carry out the project nor were they eligiblefor credit extension as prescribed by the SBV and BIDV.
Theaction has resulted in a loss of more than 1.5 trillion VND (64.2 million USD) to BIDV.
The Ministry of Public Security's Police Investigation Agency has detained former BIDV Chairman Tran Bac Ha for his suspected involvement in legal violations via banking operations at the BIDV.
The High-Level People’s Court in Ho Chi Minh City on December 25 upheld the prison sentences given by the municipal People’s Court to 12 defendants involved in the losses of over 6 trillion VND (258 million USD) at the Vietnam Construction Bank (VNCB).
Criminal proceedings have been launched against more former officials of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) with the charge of “violating regulations on banking activities, other activities relating to banking activities”, the Ministry of Public Security said on January 10.
The High-level People’s Court in Hanoi on October 14 increased the penalty imposed on one of the four defendants charged with “abusing position and power to appropriate assets” at the State-run Vietnam Shipbuilding Industry Group (Vinashin).
The Hanoi People’s Court on April 28 sentenced former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (OceanBank) Ha Van Tham to 10 years in prison for “breaching accounting regulations and causing serious consequences”.
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.
Throughout its resistance against colonialists and imperialists, Vietnam developed a revolutionary press that has served as a benchmark for just and legitimate causes worldwide.
Defendants at the trial, which opens on October 26 (Photo: VNA) 
