business scandals in vietnam

Update news business scandals in vietnam

Nguyen Quoc Cuong's business ventures post-exit from Quoc Cuong Gia Lai JSC

Following his departure from Quoc Cuong Gia Lai JSC in 2018, Nguyen Quoc Cuong, also known as Cuong "Dollar," has successfully built a diverse career, establishing businesses across multiple industries.

Nguyen Quoc Cuong appointed CEO of Quoc Cuong Gia Lai, replacing his mother

Nguyen Quoc Cuong, popularly known as Cuong 'Dollar,' has been appointed as the new CEO of Quoc Cuong Gia Lai JSC, succeeding his mother, Nguyen Thi Nhu Loan, who was recently dismissed from the Board of Directors.

Nguyen Thi Nhu Loan arrested: What role did her son play at Quoc Cuong Gia Lai?

Once a prominent figure in the company, Nguyen Quoc Cuong’s role and the timing of his exit are critical to understanding the full scope of the company’s controversial land transactions.

Fraudulent audit reports under scrutiny in Trinh Van Quyet case

The trial of Trinh Van Quyet, former Chairman of FLC Group, and 49 other defendants began this morning, July 22, 2024, at the Hanoi People's Court.

Quoc Cuong Gia Lai responds to Nguyen Thi Nhu Loan’s indictment

Quoc Cuong Gia Lai JSC has responded to the recent indictment and detention of its CEO, Nguyen Thi Nhu Loan. The legal action pertains to allegations related to the management and use of a property located at 39-39B Ben Van Don, District 4, HCMC.

Quoc Cuong Gia Lai CEO’s legal battles and business controversies

From land acquisitions to stock volatility, delve into the controversies surrounding Quoc Cuong Gia Lai and its CEO.

Quoc Cuong Gia Lai CEO's home searched: Boxes of documents seized

Authorities conduct a thorough search of Nguyen Thi Nhu Loan's residence, removing boxes of documents.

Quoc Cuong Gia Lai CEO arrested in state asset misuse probe

Nguyen Thi Nhu Loan, CEO of Quoc Cuong Gia Lai group, has been detained for violating state asset management regulations.

Authorities raid home of Quoc Cuong Gia Lai's CEO in major investigation

Green-plated vehicles and dozens of police officers appeared in front of the house of Ms. Nguyen Thi Nhu Loan, CEO of Quoc Cuong Gia Lai JSC, on Tran Quoc Thao Street, District 3, HCM City this morning.

Money laundering scheme unveiled: Inside Truong My Lan's operations

In the second phase of the Van Thinh Phat case, Truong My Lan's personal secretary and driver have been indicted for money laundering. The Chairwoman of Van Thinh Phat Group used these individuals to carry out her personal objectives.

Ministry probes overseas links in $4.5 billion Van Thinh Phat Case

The Ministry of Public Security has requested international cooperation to verify the legal status and relationships of 11 organizations linked to Truong My Lan and her husband. The results are still pending.

Van Thinh Phat case: 35,824 victims identified in fraud investigation

In the second phase of the Van Thinh Phat case, the Supreme People's Procuracy has identified 35,824 investors as victims, holding 25 bond codes from four companies: An Dong, Quang Thuan, Sunny World, and Setra.

Police probe into bidding-related wrongdoings at Cong Minh company

Around 50 firms under the wing of the Cong Minh Company won over 600 tree growing tender packages as the company colluded with investors to engage in the development of the packages.

Trinh Van Quyet's path from a billionaire to defendant in court

By ballooning Faros’s capital by VND4.3 trillion and artificially pushing up the ROS share price, Trinh Van Quyet became the richest billionaire on the stock market, and his wife was once listed among the top 10 billionaires.

Over 200 linked to Trinh Van Quyet’s crimes evade trial

Over 200 individuals, including relatives and acquaintances of former FLC Group Chairman Trinh Van Quyet, have been implicated in assisting his criminal activities. However, they will not face trial.

SSC suspends Deloitte Vietnam auditors following SCB fraud case

The State Securities Commission has suspended the professional status of four auditors from Deloitte Vietnam following the SCB case. This decision has raised questions regarding the role and responsibility of auditors in such incidents.

Ministry stops property transactions of 11 individuals in rubber group’s case

The Ministry of Public Security (MPS) has requested information about the assets of 11 individuals involved in the case of the Vietnam Rubber Group (VRG), and to stop business transactions of these people.

Six-year delay: 'Made in Vietnam' policy stalled after Asanzo scandal

Mr. Pham Van Tam, former Chairman of Asanzo Group, was arrested a few days after being prosecuted. Reflecting on the past, a policy aimed at bringing transparency following the Asanzo scandal has yet to materialize.

Shark Tank Vietnam stars battle scandals and financial woes

Famous in the business world, many "sharks" from the Shark Tank Vietnam TV show have faced significant challenges, ranging from scandals and financial losses to legal troubles.

Former Asanzo Chairman Pham Van Tam detained in tax evasion case

The Ho Chi Minh City Police Department has changed the preventive measure from a travel ban to temporary detention for Pham Van Tam, the former Chairman of the Board of Directors of Asanzo Group.