Society

Former ACB executives investigated

The Police Investigation Agency said it has started probing some former ACB executives.
The Police Investigation Agency of the Ministry of Public Security onSeptember 27 announced that it started probing some former executives ofthe Asia Commercial Bank (ACB).

They are former Chairman Tran Xuan Gia and former Vice Chairmen Le Vu Ky, Trinh Kim Quang and Pham Trung Cang.

According to the Agency, these former executives approved theauthorisation for their employees to deposit more than 718.9 billion VND(34 million USD) with Vietinbank.

The deposited money wasappropriated by Huynh Thi Huyen Nhu and her accomplices, who facedprosecution under decision No. 04/C46 (P10) dated September 28, 2011.

Theformer ACB executives’ approval caused extremely severe consequences asit affected the monetary security and directly incurred a loss of 718.9billion VND to ACB.

Earlier, the PoliceInvestigation Agency prosecuted and detained Ly Xuan Hai, former CEO ofACB, for his role in the case and in charge of intentionally violatingthe State’s regulation on economic management causing seriousconsequences under Article 165 of the Criminal Code.

The Agency also prosecuted and arrested Nguyen Duc Kien, former Vice Chair of the founding council of ACB, on the same charge.

Nguyen Duc Kien also faced another charge of fraud under Article 139 of the Criminal Code.

The Police Investigation Agency said that the case was closely instructed by the Prime Minister andthat all legal violations attempting to control banks and trouble thenational monetary policy will be punished stringently.

At the press briefing on the Government’s regular meeting, Minister and Chairman of the Government Office Vu Duc Dam said the move was one of activities to make the banking system healthy.-VNA
Follow VietnamPlus

See more

Some participants in the symposium held at the University of Economics Ho Chi Minh City on April 3 (Photo: VNA)

Vietnam, Belgium advance traffic safety initiatives

Belgium has been a crucial partner for the University of Economics Ho Chi Minh City and Vietnam in general in education, research, and innovation, creating meaningful collaboration opportunities with not only the university but other leading educational institutions in Vietnam

Vietnamese team locates quake victims (Photo: VNA)

Vietnamese, Myanmar, UAE teams recover three quake victims in Myanmar

Supported by the UAE rescue team’s sniffer dogs and specialised equipment, the Vietnamese team overcame intense heat and challenging conditions to locate and retrieve three Myanmar victims buried under rubble. Their joint efforts resulted in the successful recovery of all three bodies by midday.

King Philippe and Queen Mathilde of Belgium meet with children affected by Agent Orange/dioxin in Ho Chi Minh City (Photo: VNA)

Belgian King, Queen visit HCM City

King Philippe and Queen Mathilde of Belgium visited the War Remnants Museum and met with children affected by Agent Orange (AO)/dioxin in Ho Chi Minh City on April 3, as part of their ongoing state visit to Vietnam.

Truong My Lan (front, centre) and accomplices at the appeal trial that started on March 25, 2025. (Photo: VNA)

Prosecutors seek reduced life sentence for Truong My Lan in Van Thinh Phat case

At the ongoing appeal trial for the second phase of the high-profile case involving Van Thinh Phat Group and Saigon Commercial Joint Stock Bank (SCB, Truong My Lan is appealing the entire verdict, challenging her convictions for "fraudulent appropriation of assets" (embezzling nearly 30.08 trillion VND – from 35,824 secondary investors), "money laundering" (involving 445.75 trillion VND), and "illegal cross-border money transfers" (4.5 billion USD).

Officers of the Duong Dong Port Border Guard Station (Kien Giang province) carry out inspections of fishing vessels entering and exiting the Duong Dong River estuary in Phu Quoc city. (Photo: VNA)

Criminal cases initiated over IUU fishing violations

Authorities have pursued cases involving serious offenses such as illegal border crossings, fraud, document forgery, vessel monitoring system (VMS) tampering, and the unauthorised use of explosives for fishing.

At the meeting (Photo: VNA)

Binh Duong leads nation in online public services

Binh Duong is also developing a coordination framework between the provincial Public Administration Service Centre and such centres at the commune level to streamline administrative services.

Mineral resource discovery activities in the northwest region. (Photo: vietnamplus.vn)

40 gold mines discovered in northwest region

There are 40 gold mines with a total identified resource of 29.8 tonnes, and five copper mines with a total identified resource of over 13,000 tonnes in the northwest region.

Three staff members of the Department of Dyke Management and Disaster Prevention set off to join rescue efforts in Myanmar. (Photo: tienphong.vn)

Vietnam sends more personnel to rescue operations in Myanmar

This marks the first time that the staff members from the department have participated in the ASEAN-ERAT, demonstrating the spirit of “One ASEAN, One Response: ASEAN responding to disasters as one in the region” as affirmed in the ASEAN Leaders’ Declaration.

Deputy Minister of Education and Training Nguyen Van Phuc at the working session with representatives from 21 US higher education institutions in Hanoi on March 31. (Photo: Ministry of Education and Training)

Vietnam, US strengthen higher education cooperation

Deputy Minister of Education and Training Nguyen Van Phuc highlighted the growing educational partnership between the two nations, with 30,000 out of 200,000 Vietnamese citizens studying abroad being in the US. In the 2022-2023 academic year, Vietnamese students ranked fifth globally in terms of numbers of international students in the US, rising by 5.7%.

The Vietnamese rescue forces have worked tirelessly to locate survivors. (Photo: VNA)

Vietnam delivers 3 tonnes of aid supplies to Myanmar earthquake victims

The aid package includes antibiotics, digestive medications, cold and flu remedies, and basic healthcare equipment like blood pressure monitors, blood glucose metres, bandages, and disinfectants. The supplies also feature mosquito spray pumps and insecticides to prevent disease outbreaks in affected areas.