business scandals in vietnam

Update news business scandals in vietnam

Police urge victims of Van Thinh Phat fraud case to speak up

The Ministry of Public Security is urging victims who bought bonds from Van Thinh Phat Group and three affiliated companies to provide information and documents to aid the ongoing investigation into a massive fraud scheme.

Appeal hearing of COVID-19 test kit scandal opens today

The High People's Court in Hanoi will hear the appeals of former Minister of Health Nguyen Thanh Long and 10 other defendants in the COVID-19 test kit fraud that occurred at Viet A Technologies JSC.

Who is behind Thuan An’s wrongdoings?

A number of officials have been arrested and charged for involvement in the case of Thuan An Group, which won a bid worth VND18 trillion within only two years.

Xuyen Viet Oil case: 134 savings books with VND1.32 trillion in deposits seized

Prosecutor General of the Supreme People's Procuracy Le Minh Tri has reported to the National Assembly on the work of the procuracy sector from October 1, 2023 to March 31, 2024.

Van Thinh Phat-linked firms grapple with over VND52 trillion debt

Several businesses linked to Van Thinh Phat Group are grappling with a huge debt burden amounting to VND52.4 trillion, the Ministry of Finance said.

Probe into Phuc Son Group case to be expanded: officer

The investigation into the case at Phuc Son Group JSC will be expanded, Spokesman of the Ministry of Public Security Lt. Gen. To An Xo affirmed on April 3.

Police seek victims of Van Thinh Phat Group in bond fraud case worth $1.24b

Police are seeking individuals who were victims of a bond fraud case involving property developer Van Thinh Phat, which involves the illegal issuance and trading of bonds worth over VND30 trillion (US$1.24 billion).

Muong Thanh Group chairman to stand trial for illegally profiting $20.3 million

Le Thanh Than, chairman of Muong Thanh Group is set to stand trial on August 10 for “deceiving customers”, according to a decision issued by Hanoi People’s Court.

50 traffic policemen to support motor vehicle inspection activities

The Traffic Police Department under the Ministry of Public Security yesterday hold a conference related to motor vehicle inspection activities following the proposal of the Ministry of Transport.