Politburo issues disciplinary warning against former Deputy PM
The Political Bureau of the Communist Party of Vietnam Central Committee on July 19 decided to issue a disciplinary warning against Vu Van Ninh, former member of both Party Central Committee and Government’s Party Civil Affairs Committee and former Deputy Prime Minister.
Vu Van Ninh, former member of the Party Central Committee and Government’s Party Civil Affairs Committee and former Deputy Prime Minister (Photo: VNA)
Hanoi (VNA) – ThePolitical Bureau of the Communist Party of Vietnam Central Committee on July 19decided to issue a disciplinary warning against Vu Van Ninh, former member ofboth Party Central Committee and Government’s Party Civil Affairs Committee andformer Deputy Prime Minister.
The decision was madeduring the Politburo’s meeting which was held in Hanoi under the chair of PartyGeneral Secretary and President Nguyen Phu Trong.
According to thePolitburo, as a member of the Party Central Committee and the Government’sParty Civil Affairs Committee and Deputy PM in charge of business innovationfrom August 2011 to April 2016, Ninh signed documents allowing the equitisationand divestment of State capital from Quy Nhon Port JSC and Quang Ninh Port JSC.
He agreed in principlewith the People’s Committee of Khanh Hoa province to continue with Statecapital divestment after taking over Nha Trang Port JSC. Ninh also gave greenlight to the plan to equitise the Airports Corporation of Vietnam and teninternal water management units, which were not subject to the equitisation.
These documents rancounter the Politburo’s conclusions and the Government’s decree on equitisationand divestment of State capital in tandem with the restructuring of State-ownedenterprises.
In his positions as memberof the Party Central Committee, Secretary of the Party Civil Affairs Committeeof the Ministry of Finance, Minister of Finance and Chairman of the VietnamSocial Security Management Council from July 2006 to 2011, Ninh lackedresponsibility in leadership, direction, examination and supervision andviolated the Law on Social Insurance and the Government’s decree stipulatingfunctions, tasks, rights and organisational structure of the Vietnam SocialSecurity (VSS).
He let two VSS GeneralDirectors (in 2008 and 2009) seriously violate legal regulations through the signingof contracts allowing AgribankFinancial Leasing Company No. 2 to get loans worth 1.01 trillion VND (43.43million USD).
The bankruptcy of the Agribank Financial Leasing Company No. 2 resultedin a huge loss to the State. The two VSS leaders and many officials and Partymembers involved in the case also faced criminal proceedings.
The Politburo said Ninh’s violations were serious and affected theprestige of the Party organisation and himself, causing public concern. Ninhaccepted his responsibility for the violations and wrongdoings.
The Politburo also asked authorised agencies to issue administrativedisciplinary measures against Ninh in proportion to the Party’s disciplinarymeasures.-VNA
Deputy Prime Minister Vu Van Ninh has asked the Finance Ministry to execute policies favourable for businesses, thereby improving national economic competitiveness, in light of plummeting oil prices.
Deputy Prime Minister Vu Van Ninh said the real estate market has been successfully restructured and more subsidised housing made available to the poor.
Deputy Prime Minister Vu Van Ninh has called on ministries and agencies to minimise the controlling stake of the State in State-run enterprises (SOEs).
The Party Central Committee’s Inspection Commission has proposed the Politburo to consider and take disciplinary action against Vu Van Ninh, former member of the Party Central Committee and former Deputy Prime Minister, for his violations committed while holding different positions.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.