Deputy Prime Minister Nguyễn Hòa Bình Appointed Head of Asset Recovery Steering Committee in Vạn Thịnh Phát Case

On April 10, 2025, Prime Minister Phạm Minh Chính signed a decision to establish the

for the Execution of Judgments and Recovery of related to the Vạn Thịnh Phát Group case. Deputy Prime Minister Nguyễn Hòa Bình was appointed as the head of this committee. The committee's primary role is to advise and coordinate among ministries and agencies to recover assets lost in the case. The Ministry of Justice will serve as the , utilizing its existing apparatus to support the committee's functions.​

The case involves Ms. Trương Mỹ Lan, Chairwoman of Vạn Thịnh Phát Group, who has been

for leading multiple violations at the group and SCB Bank. Over a decade, she directed over 2,500 loans totaling approximately 677 trillion VND. As of the trial, she is responsible for compensating around 673 trillion VND. The court has the management of over 1,600 real estate properties and 23 stock codes these loans.​

The Ho Chi Minh City Civil Judgment Enforcement Department has proposed special mechanisms to recover these assets, given their vast scale and complexity. To date, about 8,000 billion VND has been

collected, prioritizing . Ms. Lan has been sentenced to death for , 20 years for bribery, and 16 years for violating lending regulations, with the on .