Eximbank has appointed several senior executives with prior experience in the ecosystem of EVN Finance, the financial wing of state utility Vietnam Electricity, in its bid to arrest and reverse recent declines.
The agreement with the U.S. on semiconductors and rare minerals exploitation will attract many investors from countries with rare earth processing and application technology to Vietnam, an expert says.
HCMC-based property developer Van Thinh Phat Group and several other firms misappropriated over VND30 trillion ($1.23 billion) from 42,000 investors via fraud in bond issuance, investigators have concluded.
Officials from Hanoi’s Thanh Xuan district and Khuong Dinh commune will be investigated for an apartment fire that killed 56 people and injured 37 others on September 12, said Major General Nguyen Thanh Tung, deputy director of the Hanoi Police, on Monday.