The High People’s Court in Ho Chi Minh City on November 4 opened the appellate trial for the case involving property developer Van Thinh Phat Group and Saigon Commercial Joint Stock Bank (SCB).

In a recent appellate verdict, Do Anh Dung, chairman of Tan Hoang Minh Group, saw his sentence reduced from eight to seven years by the High People's Court in Hanoi.

Convicted fraudster Trương Mỹ Lan, who was sentenced to death earlier this year for her involvement in Việt Nam’s largest financial scandal, is seeking to compensate over 35,000 bondholders she swindled money from.

The Supreme People's Procuracy on September 13 issued an indictment against Nguyen Nhan Chien, former Secretary of the Bac Ninh provincial Party Committee, Nguyen Tu Quynh, former Chairman of the Bac Ninh People's Committee, and 11 other defendants.

The enterprise behind the so-called Da Nang Silicon Valley once developed at lightening speed and became a giant, but it has gone downhill recently.

On August 30, the Ministry of Public Security announced the arrest and prosecution of Nguyen Trung Vuong, CEO of Ha Lan (Holland) Milk Joint Stock Company, for "Manufacturing and trading counterfeit goods as food."

With the excuse of a belated birthday gift, the CEO of Xuyen Viet Oil Mai Thi Hong Hanh gave a luxury Patek Philippine watch to Nguyen Loc An, a Ministry of Investment and Trade (MOIT) official.

At the time when its company leaders gave bribes to state officials, Xuyen Viet Oil Travel and Transport Trading Co Ltd had stockholder equity of minus VND462 billion and owed VND1.246 trillion in environmental protection tax to the state.

Nguyen Thi Nhu Loan, CEO of Quoc Cuong Gia Lai Joint Stock Company, allegedly conspired with several individuals to transfer the 39-39B Ben Van Don project in Ho Chi Minh City, causing state losses amounting to hundreds of billions of VND.

Trinh Van Quyet, former Chairman of the Board of Directors of the real estate developer FLC Group JSC, on August 5 was sentenced to 21 years in prison for the charges of "fraudulent appropriation of property" and "stock market manipulation".

Legal proceedings have been launched against 26 individuals allegedly involving in the illegal rare earth exploitation case at Thai Duong Group JSC.

Tan Tan Peanuts, a popular snack among Vietnamese consumers, has been embroiled in a prolonged legal battle leading to the prosecution of its founder.

In the latest development of the Van Thinh Phat fraud case, the HCM City People's Court has issued a notice to more than 35,000 bondholders, urging them to verify their personal information and follow trial updates on the court's online portal.

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, 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.

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.

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 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.

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