On September 24, the Ministry of Public Security announced that the Investigative Police Agency has issued arrest warrants, preventive measures, and search orders for four suspects involved in a case at the Vietnam Cement Corporation and related entities.
Le Van Chung, former Chairman of the Board of Members of the Vietnam Cement Corporation, was previously indicted. Photo: VOV |
On September 22, the Investigative Police Agency of the Ministry of Public Security issued arrest warrants, preventive measures, and search orders for four individuals: Ta Quang Buu, former member of the Board of Members and Deputy General Director of the Vietnam Cement Corporation; Tran Binh Trong, former Deputy General Director; Nguyen Lam Cuong, former Deputy General Director; and Doan Thi Mai Lan, former Head of the Economics and Budget Department at the Vietnam Construction Consulting Corporation. They are charged with “Violating regulations on the management and use of state assets, causing losses and waste,” under Article 219, Clause 3 of the Penal Code.
After approval from the Supreme People’s Procuracy (Department 3), the Investigative Police Agency executed the decisions and orders in accordance with the law.
Currently, the Investigative Police Agency is consolidating evidence against the suspects and expanding the investigation to uncover other violations by individuals, organizations, and related entities. Measures are being taken to thoroughly recover state assets.
Earlier, in March 2025, the Investigative Police Agency indicted Le Van Chung, former Chairman of the Board of Members; Nguyen Ngoc Anh, former General Director; Du Ngoc Long, former Director of the Project Management Board; and Hoang Ngoc Hieu, former Head of the Appraisal Department, all from the Vietnam Cement Corporation. They were charged with “Violating regulations on the management and use of state assets, causing losses and waste,” under Article 219, Clause 3 of the Penal Code. Nguyen Ngoc Anh was prohibited from leaving his residence, while the other three were detained.
According to the Ministry of Public Security, during the investigation, several violations were identified in the preparation and execution of the “Vicem Commercial Transaction and Operation Center” project at lot 10E6, Cau Giay Urban Area, Hanoi. The project, valued at 1.245 trillion VND, was found to have caused significant losses and waste of state assets.
By Nguyen Huong
– 18:49 24/09/2025
Unveiling the Social Media Crypto Scam: Authorities Arrest Fraudulent Network
After luring victims into using funds from their bank accounts to purchase USDT and deposit it into virtual wallets, this group created “junk” tokens to deceive victims into believing they had successfully invested in cryptocurrency.
The Struggling Cement Business: A Turnaround Tale?
The cement industry witnessed a remarkable comeback this quarter, with many businesses bouncing back from consecutive quarters of losses. This quarter’s results showcased a profitable turnaround, indicating a positive shift for the industry as a whole.
The Big Bust: Two Illegal Mining Operations Shut Down in Ho Chi Minh City
Taking advantage of land improvement and irrigation lake dredging, certain individuals illegally extracted hundreds of thousands of cubic meters of rocks, reaping profits of tens of billions of Dong. The Ho Chi Minh City Police have initiated a criminal case and arrested key suspects.
“The $740 Million Tax Fraud: Prosecuting 38 Perpetrators in a Major Invoice Scandal”
Mr. Nguyen Dang Thuyet, the CEO of Thanh An Hanoi Limited Company, and 37 accomplices have been indicted on charges of illicitly trading over 19,000 fake invoices, resulting in a staggering tax loss of more than VND 740 billion. The accused are alleged to have colluded in this elaborate scheme, causing significant financial damage to the state treasury.
The Downfall of Binh Thuan’s Former Leaders: How Their Missteps Benefitted Rang Dong Company to the Tune of 300 Billion Dong
According to the prosecution, the group of former leaders of Binh Thuan Province approved the pricing for over 10 hectares of land designated for high-rise buildings and set the price for more than 25 hectares of low-rise housing in a project by Rang Dong Company, causing a loss of VND 308 billion to the state.
