business scandals in vietnam

Update news business scandals in vietnam

Hanoi police probe cryptocurrency project linked to entrepreneur Nguyen Hoa Binh

Police confirm no exceptions in investigation of complaints tied to the AntEx project.

Hanoi police probe Shark Binh-linked crypto project after investor complaint

Authorities confirm receipt of a $2,000 loss report linked to the AntEx project and pledge transparent investigation.

Prosecution of livestream queen Hoang Huong shocks supplement industry

Hoang Huong faces prosecution after using exaggerated marketing and false health claims to grow her pharmaceutical business.

Former Asanzo chairman jailed for smuggling and fined for tax evasion

Pham Van Tam, former Chairman of Asanzo, has been sentenced to four years and six months in prison for smuggling, and fined $78,500 for tax evasion. The court imposed a financial penalty for the tax offense as Tam had fully repaid the evaded amount.

SJC scandal exposes high cost of Vietnam's gold monopoly

The indictment of former SJC General Director Le Thuy Hang highlights a critical institutional loophole: monopoly often leads to abuse of power and becomes fertile ground for corruption.

Thuan An Group case: Almost all 4.59 million USD in damage recovered

The Hanoi People’s Court opened the first-instance trial on September 8 for former Deputy Chairman of the National Assembly Office Pham Thai Ha and 28 co-defendants involved in a major corruption case connected to the Thuan An Group.

Father of Miss Grand International 2021 pays compensation in fraud case

The father of Miss Grand International 2021 Nguyen Thuc Thuy Tien has paid $126,000 to help compensate for her involvement in a candy advertising fraud case.

Former Asanzo chairman indicted for smuggling and tax evasion

The Ho Chi Minh City People’s Procuracy has completed an indictment against former Asanzo Board Chairman Pham Van Tam and his brother, Pham Xuan Tinh, the company’s former CEO.

Top food safety official arrested in Vietnam bribery probe

The Director of Vietnam’s Food Safety Authority was detained over allegations of bribery linked to health supplement advertising approvals.

Over 41,000 bondholders paid in Van Thinh Phat case

Nearly USD 312 million has been disbursed, with another USD 47.5 million frozen in banks.

29 indicted in Thuan An Group corruption scandal

The Supreme People’s Procuracy of Vietnam has indicted 29 individuals, including former Deputy Chairman of the National Assembly Office Pham Thai Ha, in a sweeping corruption case involving Thuan An Group.

Thanh Hoa Vice Chairman Le Duc Giang arrested in mineral licensing probe

The Ministry of Public Security has detained Le Duc Giang and three others amid a deepening investigation into serious violations in mineral resource licensing.

Phuc Son Group pays 29.3 million USD to fully cover damages

Phuc Son Group on July 3 made an additional payment of 768 billion VND (approximately 29.3 million USD) to remedy damages in the criminal case involving its Chairman Nguyen Van Hau.

Phuc Son Group case: Nguyen Van Hau admits all charges

Nguyen Van Hau, Chairman of Phuc Son Group JSC, fully admitted all of the charges delivered by the procuracy agency, and asked for leniency at the June 26 hearing.

Trinh Van Quyet's sentence reduced to 7 years after restitution

The former FLC chairman received a lighter sentence following repayment of VND 1.886 trillion.

Phuc Son case: Defendants return VND220bil of compensation, restitution

The People’s Court of Hanoi on June 24 opened the first-instance trial of Hoang Thi Thuy Lan, former Secretary of the Party Committee of Vinh Phuc, along with 40 other defendants involved in the high-profile corruption case at Phuc Son Group.

Five ex-Party leaders in court for taking bribes from business tycoon

Vietnam court opens trial of Nguyen Van Hau and top officials accused of taking over USD 4 million in bribes.

Foreign firms back $10 billion SCB restructuring tied to Truong My Lan case

Van Thinh Phat-led investors pledge billions to fix SCB and repay massive fraud damages.

Eight prosecuted in Viet Trung corruption scandal

The Ministry of Public Security is investigating high-level executives for bribery and asset misuse.

Appeals trial of ex-FLC chairman to resume after health delay

Trinh Van Quyet and co-defendants will return to court on June 17 after repeated postponements due to health concerns.