Vietnam shipbuilder’s ex-officials condemned to death for corruption

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Báo Tuổi Trẻ English 19 hour(s) ago

Two former officials at a subsidiary of Vietnam’s state-owned shipbuilding giant Vinashin have been sentenced to death for embezzling over US$11 million in total, following the ruling of a court in Hanoi.

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Vietnam shipping execs sentenced to death for embezzlement

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Báo Đầu Tư English 1 day(s) ago

HANOI: Vietnam on Wednesday (Feb 22) sentenced two executives from its scandal-hit shipping industry to death for embezzlement, official media reported, the latest punishment meted out for the spectacular collapse of a state-run firm that triggered pledges to restructure the economy.

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Two sentenced to death in Vinashinlines embezzlement

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Báo Dân Trí English 1 day(s) ago 1 related news

The Hanoi People’s Court handed down the death penalty on two former officials at Vinashin Ocean Shipping Company Ltd (Vinashinlines) for embezzlement.

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Ex-official of Vietnam shipbuilder faces death sentence for embezzlement

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Báo Tuổi Trẻ English 5 day(s) ago

A former official at a subsidiary of Vietnam’s state-owned shipbuilding giant Vinashin is facing capital punishment for embezzling a large amount of money from the company’s funds.

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Samsung arrest prompts questions about Park's fate

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SaiGon GP English 6 day(s) ago

The arrest of Samsung Group's de facto leader has prompted questions about the fate of President Park Geun-hye, who has been impeached for allegedly extorting money from conglomerates including Samsung, source from the Yonhap.

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Large sum of money withdrawn via OMO

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Báo Đầu Tư English 1 week(s) ago

The State Bank of Viet Nam has withdrawn VND177 trillion (US$7.79 billion) via open market operations and the issue of treasury bills in the past week.

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Money laundering all too easy in Vietnam?

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Báo Đầu Tư English 1 week(s) ago

Money laundering mostly goes unpunished in Vietnam because cash is the main form of payment and relevant legislation is murky.

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Deutsche Bank says ‘sorry’ in full-page German newspaper ads

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Báo Đầu Tư English 2 week(s) ago

FRANKFURT, Germany - Deutsche Bank, Germany’s largest lender, has apologized in full-page German newspaper ads for misconduct that has cost the company billions.

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Government approves horse, dog racing gambling

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SaiGon GP English 2 week(s) ago

The Government has issued a long-awaited decree allowing Vietnamese citizens to bet on international football matches and on horse and dog races in Vietnam.

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Thai billionaire wants to pour more money into Vinamilk

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Báo Dân Trí English 2 week(s) ago

F&N Dairy Investments has registered to purchase 21.77 million shares of Vinamilk in February after acquiring more than 16.5 million shares before the Lunar New Year Festival.

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Thai billionaire wants to pour more money into Vinamilk

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Báo Đầu Tư English 2 week(s) ago

F&N Dairy Investments has registered to purchase 21.77 million shares of Vinamilk in February after acquiring more than 16.5 million shares before the Lunar New Year Festival.

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ATMs run short of cash as Tet nears

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Báo Dân Trí English 1 month(s) ago

As demand for cash spikes as the Tet holiday nears, many ATMs in Hanoi are either running out of cash or reporting technical problems.

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Regulations on virtual money due by the end of 2017

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Báo Dân Trí English 1 month(s) ago 1 related news

Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Justice in collaboration with the Ministry of Industry and Trade (MoIT), the State Bank of Vietnam (SBV), and a number of related ministries and agencies to make a draft decree on virtual money (expected to be completed in December 2017) and a draft decree on virtual property (completed in March 2018).

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Regulations on virtual money due by the end of 2017

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Báo Đầu Tư English 1 month(s) ago 1 related news

Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Justice in collaboration with the Ministry of Industry and Trade (MoIT), the State Bank of Vietnam (SBV), and a number of related ministries and agencies to make a draft decree on virtual money (expected to be completed in December 2017) and a draft decree on virtual property (completed in March 2018).

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Farmers struggle to access loans to develop production

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Báo Đầu Tư English 1 month(s) ago

Difficulties in borrowing money from banks have made it difficult for farmers to develop agricultural production in Hà Nội.

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