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Update news money transfer
Pham Cong Danh acknowledges money transfer
Pham Cong Danh told the court yesterday that he had transferred VND600 billion to Hua Thi Phan, a former high-level advisor of Trust Bank, and had used VND500 billion to increase registered capital at VNCB.
BUSINESS IN BRIEF 24/11
TPP predicted to hit small farms; Farmers concerned over domination by FDI companies; Cocoa sector in search of fresh way forward; New land price framework issued; Rising demand for electricity to leave power plants short of coal
Japan finds an illegal Vietnamese money transferring ring
The Japanese police have announced that they have caught a criminal ring which has been remitting money illegally to Vietnam. However, this is just one of a number of rings existing in the country, in which there are many Vietnamese workers.
70 percent of overseas remittance put into business
VietNamNet Bridge – Vietnam has been one of the 10 biggest overseas remittance receivers in the world, despite the economic difficulties in recent years.
