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Tag: Vietnam

Posted on December 6, 2024

Death sentence upheld for property tycoon in Vietnam — unless she pays $9 billion before execution

Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.

( read original story …)



Posted on December 6, 2024

Vietnam Property Tycoon On Death Row Awaits Appeal Verdict

A Vietnamese property tycoon sentenced to death in a multi-billion-dollar fraud case arrived in court Tuesday, as she awaits the verdict of her appeal in one of the biggest corruption prosecutions in …

( read original story …)



Posted on December 6, 2024

Real estate prices in Vietnam expand by 59% over 5 years

Vietnam’s real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), …

( read original story …)



Posted on December 6, 2024

Vietnam receives 15.8 million foreign tourists in first 11 months

There have been 15.8 million foreign arrivals to Vietnam in the first 11 months of this year, up 41% year-on-year, but the country is still playing catch-up with Southeast Asian peers Thailand and Malaysia.
Posted on December 6, 2024

Thailand’s WHA CEO talks about the company’s investments in Vietnam

Jareeporn Jarukornsakul, Chairman and Group CEO of WHA Corporation, a leading industrial property developer in Thailand, talks to CNBC about President-elect Trump’s proposed tariffs, and how the …

( read original story …)



Posted on December 6, 2024

This Vietnamese Property Tycoon Is Facing Death Penalty For World’s Biggest Bank Fraud — All About It

The Vietnamese real estate magnet’s appeal against death sentence was rejected but can avoid execution if she pays back $9 billion, which is 75% of the embezzled amount.

( read original story …)



Posted on December 5, 2024

Vietnam court upholds death sentence for property tycoon

A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multi-billion dollar fraud case — but said her life could still be spared if she paid back three quarters of the assets she embezzled.

( read original story …)



Posted on December 5, 2024

Taxes on second property in Vietnam require cautious, balanced approach: experts

Property prices in Vietnam have been on the rise, causing economists and industry insiders to support stronger tax measures to keep prices in check while urging caution in their implementation.

( read original story …)



Posted on December 2, 2024

MarsConnect – new-gen approach to personal finance with advanced AI

MarsConnect launched its Vietnamese version in October to help individuals address increasing financial pressure and effective wealth management.
Posted on November 30, 2024

Vietnam extradites man to S. Korea for fraud

Kim was requested to be extradited back to South Korea so he could be charged with obtaining property by fraud. Vietnam and South Korea signed an extradition treaty in 2003.

( read original story …)



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