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Vietnam property developer accused of USD1.2B bond fraud

AFP – A major property developer in Vietnam has cheated 42,000 investors in a bond scam worth USD1.2 billion, the government said, as police urged victims to aid their investigation. Van Thinh Phat and its affiliates were accused of illegally issuing bonds from 2018-2020 to raise money from investors, according to a statement on the […] ....

Republic Of , Nguyen Van Thanh , Trinh Van Quyet , Vietnam Ministry Of Public Security , Deputy Head Of Department , Thinh Phat , Deputy Head , Economics Crime Nguyen Van Thanh , Public Security , Van Thinh Phat , Truong My Lan , 211 Major Property Developer Vietnam Cheated 42 , 000 Investors Bond Scam Worth Usd1 2 Billion , Government Said , S Police Urged Victims Aid Their Investigation Van Thinh Phat Its Affiliates Accused Illegally Issuing Bonds 2018 2020 Raise Money Investors , Ccording Statement Hellip ,

Vietnam raises retail electricity price by 3pc | Borneo Bulletin Online

CNA – Vietnam yesterday raised its average retail electricity price by three per cent, the government said, in a move that could put upward pressure on inflation. Annual inflation in the Southeast Asian country has been easing since the beginning of the year, with April consumer prices rising 2.81 per cent from a year earlier. […] ....

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Rupee slips below 80 against US dollar for the first time ever

The Indian rupee slipped below the psychologically important level of 80 against the US dollar for the first time ever as high crude oil prices amid tighter glo ....

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