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SCB under scrutiny for massive financial fraud against depositors: police

SCB under scrutiny for massive financial fraud against depositors: police
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H chíinhRepublic ofSaigon commercial joint stock bankSoutheast asiaViva land

Corporate bond issuance surges, redemption pressure persists

Corporate bond issuances in April jumped by 29.1% from March and a striking 5.2 times year-on-year to reach 13.94 trillion VND.

Republic ofBen thanhTinh quang triVietnam bond market associationVan thinh phat groupBen thanh marketViva land

Vạn Thịnh Phát Group affiliated companies accumulate over $2b in bond debt

Multiple companies associated with property developer Vạn Thịnh Phát, whose chairwoman has been sentenced to death for financial fraud, have accumulated a total of VNĐ52.4 trillion (over US$2 billion) in bond debt, with more than 30 per cent of the amount currently overdue for repayment.

H chíinhRepublic ofSecurities commissionInvestment group joint stock companySaigon investment developmentViva landQuang thuSaigon investmentState securities commissionFinance ministryVietnam newsOur sayNglish through the newsVietnam warUrrent newsIetnamese to english

Firms linked to property developer Vạn Thịnh Phát fined for bond issuance violations

Several companies associated with property developer Vạn Thịnh Phát, whose chairwoman is currently facing trial for financial fraud, have been fined for fraud related to bond issuance and trading worth trillions of Vietnamese đồng.

Republic ofH chíinhHong kongHan iDecoration corporationReal estate investment joint stock companyInvestment development joint stock companyHanoi stock exchangeSaigon commercial joint stock bankSecurities commissionInvestment group corpViva landState securities commissionQuang thuNorah interior designVietnam news

Truong My Lan family sells Hong Kong building for $820 million

The founder of Van Thinh Phat Group has sold a prime Grade A office building in the heart of Hong Kong.

Quang namQu ng namRepublic ofHong kongNew zealand generalNew zealandSheung wanHong kong generalTeng huatChristina baoSteve changEric chuLuu huongAlex leungElizabeth chuFlow inc

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