From a small-sized enterprise with the scale and capacity of a district town, established in 2004, with revenue in 2014 reaching 100 million, after 2015, Phuc Son Group Joint Stock Company grew rapidly like a "saint" to soon be able to "fight" big battles in the national business market.

Winning bids for a series of projects from North to South with a value of thousands of billions of dong, not declaring and evading taxes with huge amounts of money are things that almost everyone has heard from the media and press recently about this enterprise.

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Vinh Phuc Party Secretary Hoang Thi Thuy Lan and Provincial Chairman Le Duy Thanh

The recent arrest of the Secretary and Chairman of Vinh Phuc Province, Hoang Thi Thuy Lan and Le Duy Thanh, along with the former Chairman and Chairman of Quang Ngai Province, shows that there are clear signs of connection between these individuals and Phuc Son Group over a long period of time.

When the case was exposed, the violations between these subjects started when Mr. Dang Van Minh was the Director of the Department of Transport of Quang Ngai province and Mr. Le Duy Thanh was still working at the Tax Department of Vinh Phuc province.

Recently, many cases of high-ranking officials, some members of the Central Committee, and National Assembly deputies violating the law have also caused public opinion to be exposed. However, the violations of Phuc Son Group Joint Stock Company when the Ministry of Public Security announced evidence also caused "shock and shock" to many people.

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The two defendants Cao Khoa and Dang Van Minh (from left to right). Photo: Ministry of Public Security

A corporation that left behind a mess of projects from North to South, tax debts, tax evasion, and provincial management agencies that were “helpless” in inventorying, managing, and supervising. This shows that Phuc Son is no different from an “octopus” that stretches its tentacles everywhere, monopolizing the localities and areas it passes through.

According to information from the Ministry of Public Security, the governing agencies do not grasp the financial capacity, cannot control the operating situation, in other words, they are powerless before a force with an 'alliance' between the heads of the province, the heads of the local government and the enterprises.

The previous bribery behavior of the officials is one inevitable thing that leads to another. The bribery behavior contributed significantly to the weakness, disregard as well as the delay and inability to execute the project of Phuc Son enterprise.

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Phuc Son commercial and residential center in Vinh Tuong district, Vinh Phuc has been completed but abandoned. Photo: Nhi Tien

And leaving a series of unfinished projects everywhere is just the result of a formal business process, embezzling public funds. In the words of Lieutenant General To An Xo, it is "infringing on the legitimate rights and interests of the State and the people".

In the current transitional period, people are witnessing the 'handshake' between a group of officials in power and private enterprises.

Unfortunately, time is the answer to everything, the State power is centralized, unified and the mechanisms to control power are increasingly perfected. Violations at any level, any position when there is evidence of crime must be stripped of the cloak of power that the people have entrusted to them to be investigated, prosecuted and tried.

Along with social progress, the strictness of the law, the playing field between public and private enterprises is equal and transparent.

Any act of corruption or dishonesty will be paid for sooner or later. This is also a warning to officials, especially those in positions of power, against all the temptations that still lurk in today's society.

Arrest of Vinh Phuc Party Secretary and Chairman: A series of violations at Phuc Son Group revealed

Arrest of Vinh Phuc Party Secretary and Chairman: A series of violations at Phuc Son Group revealed

In a short time, Phuc Son Group Joint Stock Company, from a unit with capacity, "very moderate, district level" but has received many projects from North to South. Up to now, there are 21 projects with a total investment of more than 40,000 billion VND.
The strange path of Phuc Son Group; apartments increased by half a billion in a few months

The strange path of Phuc Son Group; apartments increased by half a billion in a few months

Last week's real estate news was highlighted by news related to Phuc Son Group; the Ministry of Construction abandoned the proposal that each person could only sell or rent a maximum of 5 houses a year; apartments increased by half a billion in a few months, causing many people to "turn around" to hunt for houses in alleys...
Vinh Phuc Party Secretary Hoang Thi Thuy Lan and Chairman Le Duy Thanh were arrested for accepting bribes.

Vinh Phuc Party Secretary Hoang Thi Thuy Lan and Chairman Le Duy Thanh were arrested for accepting bribes.

The Ministry of Public Security's Investigation Police Agency decided to prosecute, arrest, and search 9 suspects, including Vinh Phuc Party Secretary Hoang Thi Thuy Lan and Mr. Le Duy Thanh - Chairman of the Provincial People's Committee, for the crime of "Receiving bribes".