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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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Ho Chi Minh City
Friday, July 18, 2025

HCMC’s former vice chair, others charged in VRG probe

The Saigon Times

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HCMC – Nguyen Thi Hong, former vice chairwoman of the HCMC People’s Committee, is facing charges of allegedly abusing power while on official duty in a legal case related to the state-owned Vietnam Rubber Group (VRG) and VRG-affiliated entities.

The Ministry of Public Security (MPS) today, July 17, announced that Hong, who also served as deputy head of Steering Committee 09, is accused of violating Article 356 of the Penal Code.

The Investigation Police Agency (C03) under the MPS also issued a decision prosecuting and detaining Tran Ngoc Thuan, VRG’s former general director, for allegedly receiving bribes, as stipulated in Article 354 of the Penal Code.

Vo Sy Luc, VRG’s former chairman, and Tran Thoai, VRG’s board member and former deputy general director, are charged with allegedly violating regulations on the management and use of State assets, leading to loss and wastefulness, as per Article 219 of the Penal Code.

The arrests are the latest development of an expanded investigation that involves Dong Nai Rubber Company, Ba Ria Rubber Company, and the Ministry of Natural Resources and Environment.

Decisions and prosecution orders have been executed after approval by the Supreme People’s Procuracy. C03 is gathering evidence while continuing the investigation and taking measures to recover State assets.

This case, initiated in May, previously resulted in the arrests of nine individuals for allegedly violating state asset management regulations.

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