Ex-minister of industry and trade has jail term reduced by one year
The High-Level People’s Court in Hanoi decided to reduce the prision sentence for ex-minister of industry and trade Vu Huy Hoang by one year to 10 years on charges of “violating regulations on the management and use of State assets, causing losses and wastefulness”, during an appeal trial on January 24.
Ex-Minister of Industry and Trade Vu Huy Hoang at the court (Photo: VNA)
Hanoi (VNA) – The High-Level People’s Court in Hanoi decided toreduce the prision sentence for ex-minister of industry and trade Vu HuyHoang by one year to 10 years on charges of “violating regulations on themanagement and use of State assets, causing losses and wastefulness”, duringan appeal trial on January 24.
His violations are related to a case that occurred at theMinistry of Industry and Trade (MoIT), the Saigon Beer - Alcohol- Beverage JSC (Sabeco) and Ho Chi Minh City.
Former Director of the MoIT’s Department of LightIndustry Phan Chi Dung also had his sentence reduced by one year to eight years.
Former Deputy Director of the HCM City'sDepartment of Planning and Investment Lam Nguyen Khoi was given a jail term of fouryears, down six months, and former head of the Department ofPlanning and Investment's Infrastructure Development Division Le Quang Minhalso had his term shortened by six months to three years.
The board of juries also asked for allocating the land lotNo.2-4-6 on Hai Ba Trung street, District 1 to the municipal People’s Committeefor management in line with the law.
According to the indictment from the SupremePeople’s Procuracy, Sabeco, which is under the MoIT’s management, was givenmore than 6,000 sq.m of land at No. 2-4-6 on Hai Ba Trung street in downtownHCM City for production and business purposes.
However, Hoang, Dung, and former Deputy Ministerof Industry and Trade Ho Thi Kim Thoa, who has fled, directed subordinates atthe ministry and Sabeco to carry out procedures for using land use rights andSabeco's money as capital contributions to set up Sabeco Pearl, a joint venturebetween Sabeco and a number of private enterprises, to implement a projectbuilding a hotel, a trade and convention centre, and office space for lease onthe land plot.
After Sabeco completed legal proceduresfor the joint venture’s investment and proposed the HCM City People’s Committeeapprove the addition of officetel and housing functions to this project, theMoIT ordered the company to divest its entire stake in this project.
The move was illegal and resulted✱ in the loss ofover 2.🍰7 trillion VND (117.3 million USD) to the State./.
The Hanoi People’s Court, on April 29, sentenced ex-minister of industry and trade Vu Huy Hoang to 11 years’ imprisonment for “violating regulations on the management and use of State assets, causing losses and wastefulness”.
The People’s Court of Hanoi on December 27 opened an appeal trial for former Minister of Industry and Trade Vu Huy Hoang and several other defendants in a case which occurred in the ministry, Saigon Beer - Alcohol - Beverage JSC (Sabeco) and Ho Chi Minh City, causing a loss of over 2.7 trillion VND (118.2 million USD) for the State.
The High-Level People’s Court in Hanoi on January 21 reopened an appeal trial for the case that occurred at the Ministry of Industry and Trade (MoIT), Saigon Beer - Alcohol - Beverage JSC (Sabeco) and Ho Chi Minh City, causing a loss of over 2.7 trillion VND (119.25 million USD) for the State, despite the absence of defendant ex-Minister of MoIT Vu Huy Hoang.
The High-Level People’s Procuracy in Hanoi on January 21 suggested upholding the first-instance trial's sentences for four defendants in the case that occurred at the Ministry of Industry and Trade (MoIT), Saigon Beer - Alcohol - Beverage JSC (Sabeco) and Ho Chi Minh City.
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.
Ex-Minister of Industry and Trade Vu Huy Hoang at the court (Photo: VNA) 
