Most expensive letters on the planet! 11-word slogan cost nearly $500,000

The package of installing slogans with only 11 words in Vietnam’s northern province of Hoa Binh was approved worth approximately VND11 billion ($470,000).

To insert the words “Đời đời nhớ ơn Chủ tịch Hồ Chí Minh vĩ đại/Eternal gratitude to Great President Ho Chi Minh” on Ong Tuong hill (behind the Provincial Party Committee), Hoa Binh province plans to spend VND10,990,000,000. The selection of a construction contractor was open, but the result of contractor selection has not been made public.

The slogan “Eternal Gratitude to Great President Ho Chi Minh” on Ong Tuong hill (behind the Provincial Party Committee), Hoa Binh province approved spending VND11 billion

According to Doanhnhan.vn, on July 17, Mr. Bui Van Cuu, vice chairman of Hoa Binh Provincial People’s Committee signed a decision approving the selection of construction contractor “Erecting slogan to create a decorative landscape in Ong Tuong hill area” (belonging to Cham Mat ward, Hoa Binh city). The bidding package has a total value of VND10.39 billion, taken from the economic non-business expenditure.

In the decision just issued, the construction and installation works are charged at more than VND10 billion. Construction supervision consultancy item is calculated as VND328 million; consulting on bidding documents preparation and evaluation of construction bidding documents is VND43.2 million; VND10 million of construction insurance and evaluation of bidding results, contractor selection of approximately VND9.1 million.

The project “Erecting slogans to create decorative landscape in Ong Tuong hill area” was approved by Mr. Bui Van Cuu, vice chairman of Hoa Binh province from May 2019. Currently, Mr. Cuu has retired from September 1, 2020, but this decision is still deployed and it is expected that the work will be completed before October 1, 2020, before the 17th Party Congress of Hoa Binh province.

This decision clearly states that the slogan is 10 meters high, 1.4 meters wide and 0.6 meters thick. The building material used is the zinc-coated steel structure frame, the aluminum side-wall material. The front side is made of powder coated steel, the perforated side is arranged with led bulbs, the system is automatically controlled (timer).

In that decision, the total investment is expected to be VND10.99 billion. Thus, in the newly issued and being implemented decision, the total value of the project decreased by VND600 million compared to the initial expected investment.

Mr. Bui Van Cuu, vice chairman of Hoa Binh Provincial People’s Committee, just retired in early September 2020, signed a decision to approve this project from May 2019

After the decision in May 2019, Hoa Binh Provincial People’s Committee assigned the Hoa Binh Department of Culture, Sports and Tourism to be the investor of the project.

Only 3 letters made

According to the research of Doanhnhan.vn, the winner of this package is Anh Ky Investment and Development Joint Stock Company, headquartered at 716, Cu Chinh Lan Street, Hoa Binh City. Currently, Anh Ky Company has received 40% of the amount for the project. The remaining amount will be paid after acceptance.

On Ong Tuong hill in the morning of September 24, 2020, the construction has been erected 3 letters and is being covered with canvas. It is expected that the completion time of the project is before October 1, which means there is only about 1 week left for the construction unit to carry out the work.

In Vietnam for many years now, there have been many businesses making “backyards” for leading officials and these businesses often won successive bidding packages with high prices and then share their profits with the officials who signed for approval these projects.

In addition to the package “Setting up the slogan to create decorative landscape in Ong Tuong hill area“, Anh Ky Investment and Development Company is also a “familiar” partner who won many other bidding packages of the departments, branches of Hoa Binh province. In Hoa Binh province, Anh Ky Investment and Development Company has participated in 9 bidding packages, of which 8 packages have been won, and one package is waiting for results.

Most recently, in April 2020, this enterprise also won the contract to renovate and repair the Hoa Binh Cultural Palace, worth more than VND13 billion. Previously, in July 2019, this company was part of a joint venture that won the bid for the construction and installation of the Kindergarten in Tien Phong Commune, Da Bac District, Hoa Binh with the value of more than VND7 billion.

At present, Anh Ky Investment and Development Company also participates in the procurement of motorbikes equipped for the commune police force of Hoa Binh province in 2020. The package is opened by the Hoa Binh Provincial Police, valued at nearly VND2, 8 billion but currently no results.

The case of raising the price of medical equipment from VND7.4 billion to VND39 billion at Bach Mai hospital has just probed. From left to right: Mr. Nguyen Quoc Anh – former director of Bach Mai Hospital; Mr. Nguyen Ngoc Hien and Ms. Trinh Thi Thuan.

Associate Professor, Doctor, People’s Physician, Labor Hero, former Director of Bach Mai Hospital Nguyen Quoc Anh has just recently examined the crime of eating bones and drinking the blood of patients. The folk saying “medical student 6-7 years, swear, when he entered the hospital a few years, he also turned into a corruption addict.”

That is the comment of FB Tran Quoc Khanh about the latest corruption case in Bach Mai Hospital.

According to authorities, BMS Medical Technology Joint Stock Company has raised the price of surgical equipment by many times, since then Bach Mai Hospital collects the patient’s treatment fee 5 times higher than normal.

Initial investigation results determined that some individuals at BMS Company have imported robotics system worth VND7.4 billion.

However, the accused raised the price to VND39 billion, validizing by appraisal certificate of price with no legal validity.

It can be said that the state budget is a huge and lucrative piece of cake that any Party member wants to share whenever there is a chance, even if it’s just a simple activity like holding a local congress to other construction projects.

Where does the people’s tax money go?” is one of the most secret questions in Vietnam.

No one can know exactly how “state budget” or the taxpayer’s money, is used, and what it is used for “the benefit of the country, the benefit of the residents.”

There have been thousands, even more, articles about “budgetary spending“, “loss of public property“, “tightening spending in difficult situations” …

The more difficult, the more “creative” in usage. For example, the Quang Binh Provincial Party Committee announced to spend more than VND2.2 billion to buy briefcase materials for guests and delegates to attend the Provincial Party Congress.

Office of Quang Binh Provincial Party Committee approved to give 600 delegates and guests of the Party Congress a briefcase worth VND3.5-VND3.7 million each while the market price was only VND300,000

The general situation is that this year’s budget continues to “overspend.” After the first seven months of the year, the state budget overspending was about VND101.1 trillion. According to the General Statistics Office, total state budget revenue from the beginning of the year to July 15, 2020, was estimated at VND697.5 trillion, equaling 46.1% of the yearly estimate.

Visit the website of the State Budget Public Portal (ckns.mof.gov.vn) under the Ministry of Finance on September 23, 2020, we can find that the state budget estimate in 2020 can “reach” overspending VND234,000 billion; total revenue of the first six months of the year reached VND668,675 billion while total spending is VND729,440 billion.

Dinh Tien Hoang square and monument (Ninh Binh), worth more than VND1,500 billion were left untidy

Biggest corruption- open with party congresses.

Looking for information about the “Party Congress at all levels” these days, it is easy to find countless propaganda articles about “Toward the Party Congress” meaning a lot of chances for corruption.

The Management Board of Hanoi Old Quarter, with “project number20200964629 “, has the content” Decorate and install a number of clusters of models, artworks around Hoan Kiem Lake to welcome the 17th Congress of the city Party Committee and the 13th National Congress,” on its approval date September 22, 2020, has recorded the “estimated sum” of VND727,375,000.

That was just the “Old Quarter Management Board“, the bigger agency of course had to “devour” the larger tray. The Hanoi City Party Office has a grandiose “plan to select contractors for packages to provide goods and services for the 17th City Party Congress, and the expected amount is VND9,369,720,000! Specifically, the conference hall rental consulting fee is VND1.2 billion; the consulting fee “Transfer delegates from the accommodation to the meeting place” is VND842,820,000; “Buy a leather briefcase for documents“: VND960 million; consulting fee “Printing and processing books for the Congress” is VND95 million; Consultancy fee “Print the logo of the Congress” VND55 million, etc.

On September 22, 2020, at the conference summarizing the inspection and supervision of the Hanoi Party Committee, Hanoi Party Secretary Vuong Dinh Hue reminded his “comrades” that, to “advance to “Hanoi City Party Congress on October 11 to October 13, 2020,” comrades “must” focus on saving money,” that the congress does not need to present flowers and organize a dance.

Thanks to lobbying and corruption, senior Vietnamese state officials have big assets and they live as king and send their offspring to foreign countries for study.

Thoibao.de (Translated)

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